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Showing 4871 - 4880 of 22787 results for "Funds"

Aware Super, VISSF merger to proceed

JAMIE WILLIAMSON  |  THURSDAY, 29 JUL 2021
After four months of due diligence, the two super funds have confirmed they will merge before the end of the year. In a joint statement, Aware Super and the Victorian Independent Schools Superannuation Fund (VISSF) said the merger will create the largest ...

Future Fund appoints portfolio strategy lead

KANIKA SOOD  |  THURSDAY, 29 JUL 2021
... role. Samild was most recently the head of alternatives, looking after Future Fund's $30 billion allocation to hedge funds and other skills-based absolute return strategies. He joined Future Fund in 2013 after four years as industry fund LUCRF Super's ...

Tidswell agrees it contravened Corps Act

KANIKA SOOD  |  THURSDAY, 29 JUL 2021
... to cancel its RSE licence. It will also pay $50,000 to cover ASIC's costs, which it has agreed will not come from the funds it holds under the Tidswell Master Superannuation Plan. The court orders on agreed facts between ASIC and Tidswell states ...

IOOF advice outflows soar

ANNABELLE DICKSON  |  THURSDAY, 29 JUL 2021
... end of June, IOOF maintained active advice services relationships with almost 2000 financial advisers with $2.2 billion in funds under advice. "The successful completion of the MLC acquisition has transformed our business in terms of size, scale and ...

Industry fund tops superannuation satisfaction survey

KANIKA SOOD  |  WEDNESDAY, 28 JUL 2021
... financial future," HESTA chief experience officer Lisa Samuels said. Overall, superannuation members' satisfaction in their funds ticked up to 71.7% in June 2021. This is 8.6% points higher than June 2020 and 6.9% higher than December 2020. Roy Morgan ...

ID_Land expands into funds management

ELIZABETH MCARTHUR  |  WEDNESDAY, 28 JUL 2021
Property developer ID_Land announced it is getting into private funds management, targeting Australia's high-net-worths. The company has launched Title Capital, a capital raising and funds management arm that will offer direct investment opportunities ...

AFA slams skyrocketing ASIC levy

KARREN VERGARA  |  WEDNESDAY, 28 JUL 2021
... 30. AFA acting chief executive and general manager of policy and professionalism Phil Anderson said the levy essentially funds ASIC's court cases. "As predominantly small business operators, advisers are being forced to invest a large amount of money ...

Managed accounts fulfil best interest

ANNABELLE DICKSON  |  WEDNESDAY, 28 JUL 2021
... managed accounts as 'good' or 'very good' for ease in demonstrating client best interest obligations compared to managed funds (80%) or direct equities (65%). "Compliance is the top challenge faced by financial advisers in the day-to-day running of their ...

Royce Investment Partners launches small-cap fund

ANNABELLE DICKSON  |  WEDNESDAY, 28 JUL 2021
... many investors' outcomes." The launch comes as Franklin Templeton closed its retail Australian Equity Fund on June 16 and funds are expected to be returned to investors at the end of this month. Elsewhere, Franklin Templeton subsidiary ClearBridge Investments ...

Superhero launches super offering

ELIZABETH MCARTHUR  |  WEDNESDAY, 28 JUL 2021
... well-established history of self-directed investing that is in stark contrast with our habit of defaulting into black box super funds. Most people consider the barriers to entry of a SMSF too high and many just don't want the headache." Winters said ...