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Showing 4601 - 4610 of 22787 results for "Funds"

Lakehouse Capital co-founder to depart

ANNABELLE DICKSON  |  THURSDAY, 21 OCT 2021
... founding the business with Joe over five years ago, as a team of just two, we were full of ambition to build an outstanding funds management business," Buchanan said. "Joe can move to his next chapter knowing that he has achieved that goal. Fast forward ...

Crypto regulation proposed: Bragg

ANNABELLE DICKSON  |  THURSDAY, 21 OCT 2021
... financial innovation in Australia." Meanwhile MH Carnegie & Co principal Mark Carnegie, who recently launched two crypto funds, welcomed the report but has concerns over the speed of the regulation. "The speed at which we're trying to actually implement ...

Default MySuper fees drop to 1%: Rainmaker

JAMIE WILLIAMSON  |  WEDNESDAY, 20 OCT 2021
... account currently pay less than $30 billion a year in fees after a year of reductions across not-for-profit and retail super funds. In the last decade, super fees have fallen by a quarter, with about half of the action taking place in the last three ...

Link names head of insurance

KARREN VERGARA  |  WEDNESDAY, 20 OCT 2021
... of head of insurance in September. He is responsible for positioning RSS to deliver insurance services for superannuation funds and drive digitisation efforts. Melbourne-based Angelico returns to Link after three years with TAL as its head of claims ...

CFS fined $20m over super misconduct

JAMIE WILLIAMSON  |  TUESDAY, 19 OCT 2021
... deputy chair Sarah Court said. "Superannuation represents the future financial security of all Australians. We want to see funds operate in a way that is fair for members and promotes confidence in superannuation." Handing down his decision today, Justice ...

Christian Super enhances insurance offering

JAMIE WILLIAMSON  |  TUESDAY, 19 OCT 2021
... insurance premiums for most of its members, saying the offering now better aligns with what is available at other super funds. Premiums will change from November 1 for all occupational categories to better reflect the level of risk undertaken or likelihood ...

Colonial First State seeks MySuper redemption

ANNABELLE DICKSON  |  TUESDAY, 19 OCT 2021
... inaugural performance test, Colonial First State (CFS) has appointed BlackRock to run strategies across its two MySuper funds. BlackRock won the mandate to provide investment services to CFS' FirstChoice Employer Super (FCES) and Commonwealth Essential ...

ASIC looks to extend CFD intervention

ELIZABETH MCARTHUR  |  TUESDAY, 19 OCT 2021
... reference to the fact that staff were being encouraged to put clients in trades where they knew these clients would lose their funds. All three of these OTC derivative issuers were ordered to refund customers, with an estimated 10,000 customers impacted ...

Advisers query super changes

ANNABELLE DICKSON  |  TUESDAY, 19 OCT 2021
... client's transfer balance cap following the indexation. Some advisers were concerned that a client who is rolling over between funds might accidentally push their transfer balance account over the threshold. "Rollovers should not inadvertently impact ...

APRA readies new super fund remuneration regime

KARREN VERGARA  |  TUESDAY, 19 OCT 2021
APRA is keeping its watchful eye on superannuation funds' preparedness for the new remuneration standards that take effect in 2023. APRA has released the updated version of Prudential Practice Guide CPG 511 Remuneration, where it expects boards to oversee ...