Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 471 - 480 of 1485 results for "Master"

Masterfunds up $26 billion

ELIZABETH MCARTHUR  |  WEDNESDAY, 8 JAN 2020
... however that was due to investment earnings as inflows of $46 billion were exceeded by outflows of $60.1 billion. FUM in master trusts decreased by 21.6% due to the StatePlus transfer, excluding this numbers would have been up by less than 1%. The top ...

$3.3 billion fall in retail managed funds

ELIZABETH MCARTHUR  |  TUESDAY, 7 JAN 2020
The once-off transfer of StatePlus' Master Fund businesses worth $18.6 billion out of retail funds to First State Super has had a significant impact on the retail market, according to Plan For Life Actuaries. Plan For Life revealed overall retail managed ...

NULIS satisfies ASIC requirements

HARRISON WORLEY  |  MONDAY, 16 DEC 2019
A report handed to ASIC by global consultant KPMG shows NAB's superannuation trustee has met its additional license conditions. Almost three years after ASIC set NULIS Nominees additional license conditions for breakdowns in its internal procedures ...

Countdown to FPA Congress

JAMIE WILLIAMSON  |  TUESDAY, 26 NOV 2019
Heading along to the 2019 FPA Congress in Melbourne this week? Still unsure of what you're looking to get out of it? Congress chair Michelle Tate-Lovery is here to help. This year's Congress, taking place at the Melbourne Convention Centre from tomorrow ...

Link Group enters UK market

ELIZA BAVIN  |  WEDNESDAY, 13 NOV 2019
... take on the administration for Smart's UK workplace pension operations, including the administration of the Smart Pension Master Trust. Susan Ring will lead the new UK initiative on behalf of Link as well as continuing her role as chief executive, corporate ...

BDM pay healthy despite headwinds

ELIZABETH MCARTHUR  |  TUESDAY, 12 NOV 2019
New insights on the salaries of business development managers reveal they can expect to take home healthy pay packets despite the Royal Commission reducing demand. Research from Kaizen Recruitment on BDM salaries in the financial services industry has ...

Afterpay slides in global fintech rankings

HARRISON WORLEY  |  TUESDAY, 5 NOV 2019
Tech-darling Afterpay has suffered a slide in the ranking of the world's leading fintech innovators. The annual KPMG and H2 Ventures FINTECH100 list is a collaboration between the global consulting firm and Sydney-based venture capital investment ...

Chief economist update: Weak household consumption now a sure thing

BENJAMIN ONG  |  TUESDAY, 5 NOV 2019
... past the finish line in first place. Cross Counter is the odds-on favourite to take the Cup followed by Mer De Glace and Master Of Reality. Take your pick. My pick is for the Reserve Bank of Australia (RBA) to announce no change in interest rates before ...

ASIC, MLC Nominees and NULIS in court

ELIZABETH MCARTHUR  |  MONDAY, 4 NOV 2019
ASIC has commenced Federal Court action against MLC Nominees and NULIS today in regards to fees for no service, filing a statement of agreed facts and admissions. ASIC alleges NULIS and MLC (as the current and former superannuation trustees of NAB) ...

Platform hints at aggressive expansion

ELIZABETH MCARTHUR  |  FRIDAY, 1 NOV 2019
... discretionary accounts and DIY super administration. "The two acquisitions we made last year, Aracon Superannuation and DIY Master have been with the group for less than 12 months. I would argue we've done our acquisition phase and now we need to ...