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Showing 441 - 450 of 1820 results for "Managed Super"

Centrepoint bumps up advice litigation provision

KARREN VERGARA  |  MONDAY, 2 JUL 2018
Centrepoint Alliance flagged an increase in advice litigated claims is on the horizon for its subsidiary Professional Investment Services (PIS), quantifying the amount to be $2 million more than anticipated. Following its reassessment of PIS' legacy ...

ASIC slams SMSF advice, flags further education reform

JAMIE WILLIAMSON  |  FRIDAY, 29 JUN 2018
ASIC will pursue further education requirements for financial advisers in a damning report showing 90% of financial advice provided in establishing self-managed superannuation funds is non-compliant. Reviewing 250 client files from 102 different AFSLs ...

MySuper approaches $650 billion

DARREN SNYDER  |  TUESDAY, 26 JUN 2018
... MySuper now accounts for more than 50% of pre-retirement, APRA-regulated superannuation assets if you exclude self-managed super funds (SMSFs) and retirement assets. While the growth rate of MySuper assets is on an exponential path, questions are being ...

AZ NGA merges embattled advice firm

JAMIE WILLIAMSON  |  TUESDAY, 26 JUN 2018
AZ Next Generation Advisory confirmed Henderson Maxwell will merge with Pride Advice following Sam Henderson's exit from the financial advice industry. A spokesperson for AZ NGA said Henderson Maxwell clients have been informed the practice has ...

Contango to launch global active ETF

ALEX BURKE  |  FRIDAY, 15 JUN 2018
... the institutional market and focus on the parts of our business that were growing - namely, the self-directed self-managed super market," Switzer said. "We've been experiencing significant growth and we've done a lot of work in the retail market ...

Asset manager awards admin mandate

KARREN VERGARA  |  FRIDAY, 15 JUN 2018
... clients using an electronic signature and bank level encryption. It's able to identify retail investors and self-managed super funds against government issued databases in a matter of seconds, Grofski said at the time. "We started to develop our ...

Fidante eyes actively managed ETFs

KANIKA SOOD  |  THURSDAY, 14 JUN 2018
... "I believe, over the time, this will lead to a quite profound shift in the diversification particularly for self-managed super funds (SMSFs) and other self-directed investors. They are usually under-allocated to fixed income and that's partly because ...

Industry fund calls for tougher SMSF rules

KARREN VERGARA  |  WEDNESDAY, 13 JUN 2018
A $1.6 billion industry superannuation fund is calling for new regulations to make it tougher for people with low account balances to set up a self-managed superannuation fund. REI Super, a public offer fund with its roots tied to the real estate industry ...

Global fixed income manager mulls active bond ETFs

HARRISON WORLEY  |  FRIDAY, 1 JUN 2018
... US$430 billion in assets under management is contemplating the launch of actively managed bond ETFs to serve self-managed super fund clients. Addressing a media briefing in Sydney this week, executives of Legg Mason-aligned Western Asset Management spoke ...

Industry stakeholders welcome PC report

JAMIE WILLIAMSON  |  WEDNESDAY, 30 MAY 2018
... lifetime will also address the chronic issue of multiple accounts. Also addressing shortfalls in the $699 billion self-managed super sector, the PC determined the current cost of running an SMSF erodes balances to such an extent that any funds with less ...