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Showing 4491 - 4500 of 15784 results for "TER"

Super funds squander member money: Bragg

KARREN VERGARA  |  THURSDAY, 24 SEP 2020
Senator Andrew Bragg is calling for greater scrutiny of how superannuation funds spend members' money, slamming the system that has enjoyed three decades of unquestioned opacity. Appearing at an Association of Superannuation Funds of Australia event ...

Many who accessed ERS unsure of impact: Research

ELIZA BAVIN  |  THURSDAY, 24 SEP 2020
New research has identified that urgent short-term need for money is the main driver for people withdrawing their superannuation savings under the COVID-19 ERS scheme. The study, conducted by the ARC Centre of Excellence in Population Aging Research ...

Chief economist update: October rate cut?

BENJAMIN ONG  |  THURSDAY, 24 SEP 2020
Will they? Won't they? According to Bill, the RBA will. That's Westpac chief economist Bill Evans for you. Bill released a note a day after RBA deputy governor Guy Debelle addressed the Australian Industry Group's (AiG) September 22 virtual ...

Westpac reaches $1.3bn AUSTRAC deal

ELIZA BAVIN  |  THURSDAY, 24 SEP 2020
Westpac has agreed to pay a civil penalty of $1.3 billion in relation to its contraventions of the anti-money laundering and counter terrorism laws. As part of the agreement with AUSTRAC, Westpac has admitted to additional contraventions that were outlined ...

ASIC cleans up 'cash plus' funds

KANIKA SOOD  |  WEDNESDAY, 23 SEP 2020
ASIC found 14 'cash' funds with $7 billion in assets had confusing or inappropriate labelling, resulting in changes to names, asset allocations or in one case, even a closure. The corporate regulator found some funds that labelled themselves as 'cash ...

First Sentier completes global rebrand

ANNABELLE DICKSON  |  WEDNESDAY, 23 SEP 2020
After changing its branding in Australia just over a year ago, First Sentier Investors has finalised the roll out of its new name in all markets. Formerly known as First State Investments in Europe, the Americas and Asia Pacific, First Sentier said ...

Count Financial adds member firm

ANNABELLE DICKSON  |  WEDNESDAY, 23 SEP 2020
Count Financial has expanded its member network with Sydney-based financial advice firm Small & Gunn joining its licence. Small & Gunn completed the transition to Count Financial in just a six week period after seeking a forward-looking licensee to ...

Chief economist update: RBA negative on negative interest rate policy

BENJAMIN ONG  |  WEDNESDAY, 23 SEP 2020
Reserve Bank of Australia (RBA) deputy governor Guy Debelle address at the Australian Industry Group's (AiG) September 22 virtual conference sparked a second wave - a second wave of negative interest rate speculation, that is. It was last on the ...

Boutique extends GBST partnership

KANIKA SOOD  |  TUESDAY, 22 SEP 2020
Warakirri Asset Management has extended its partnership with after-tax investment-focused service provider GBST for its superannuation clients to include international indices. Warakirri and GBST have worked together for a decade, providing custom after-tax ...

AMP tops worst-performing super funds list

KARREN VERGARA  |  TUESDAY, 22 SEP 2020
Retail superannuation funds provided by AMP and OnePath continue to charge high fees and deliver poor returns for members, the latest Fat Cat report shows. For the sixth year in a row, AMP continued to dominate robo-adviser Stockspot's Fat Cat list ...