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Showing 431 - 440 of 784 results for super kanika sood

Industry fund bumps up fee for ESG option

KANIKA SOOD  |  TUESDAY, 19 NOV 2019
A $4 billion industry fund has increased the fee for its ESG option, which is managed by AMP Capital. Legalsuper's Balanced Socially Responsible option will charge investor 10bps more in the indirect cost ratio (now 40bps). The buy-sell spread is also ...

No plan to cut out advisers: SPDR chair

KANIKA SOOD  |  MONDAY, 18 NOV 2019
State Street's global chair for its ETF business says it will continue to be anchored to adviser-led distribution in Australia and not seek to launch a direct-to-consumer push. Visiting Australia last week, SPDR Global chair Jim Ross said it was ...

AustralianSuper appoints regional head for US

KANIKA SOOD  |  FRIDAY, 15 NOV 2019
The $170 billion superannuation fund has named its regional head of US, as it gears up to open an office in New York. Susan Alexander will lead the new office, the opening of which AustralianSuper has flagged previously. Alexander is a long-time AustralianSuper ...

New role for HESTA advice executive

KANIKA SOOD  |  FRIDAY, 15 NOV 2019
... executive of advice strategy has taken on a new role at another industry fund. Justin McMinn joined the $6.5 billion LUCRF Super as a manager for business development on October 8. Prior to this, he was a part of HESTA's executive management team as ...

Fee hike at government super fund

KANIKA SOOD  |  THURSDAY, 14 NOV 2019
A government superannuation fund has increased its admin fees for the first time in nine years. Super SA, which provides superannuation to 210,000 public sector employees in South Australia, has informed members of some schemes that their admin fees ...

Superannuation expert joins law firm

KANIKA SOOD  |  THURSDAY, 14 NOV 2019
A Sydney firm that provides compliance support to financial advisers has hired a former APRA and Colonial Financial Planning professional as its special counsel for superannuation. Maria Siu is joining SUPERCentral, and will also work with its legal ...

Colonial First State appoints distribution lead

KANIKA SOOD  |  THURSDAY, 14 NOV 2019
... leadership team. He moves into the role after long-standing distribution general manager Peter Chun left to join First State Super. CFS acting chief operating officer Michael Venter said: "I'm delighted to announce Bryce's appointment as general ...

Retail funds shrink unlisted assets

KANIKA SOOD  |  MONDAY, 11 NOV 2019
Superannuation funds now have close to $240 billion in unlisted assets, but retail funds have a smaller proportion of their assets allocated to them than five years ago. The lion's share of the unlisted assets (such as infrastructure, private equity ...

Industry fund changes insurer

KANIKA SOOD  |  FRIDAY, 8 NOV 2019
... swapped out Hannover Life as its provider for income protection cover, amid an overhaul of its insurance offering. NESS Super (New South Wales Electrical Superannuation Scheme) managed about $760 million in superannuation savings for about 14,000 electrical ...

Vanguard swoops on superannuation

KANIKA SOOD  |  WEDNESDAY, 6 NOV 2019
Vanguard's Robin Bowerman says the investment giant's planned superannuation offering will have a place for financial advisers and won't be a strictly direct-to-investor product. "We are at the start of a journey of entering the superannuation ...