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Showing 471 - 480 of 1555 results for Darren Snyder

Pillar sold to Mercer

DARREN SNYDER  |  FRIDAY, 2 DEC 2016
Mercer is upping its stakes in superannuation administration by acquiring Pillar from the NSW Government for $35 million. The deal establishes Mercer as one of the largest outsourced superannuation providers in Australia, increasing funds under administration ...

QSuper on track to become public offer

DARREN SNYDER  |  THURSDAY, 1 DEC 2016
QSuper is set to become a public offer fund by 30 June next year should its proposal receive federal regulatory approval. The $65 billion fund was granted the move by Queensland parliament early this morning, legislating to lift restrictions on who ...

Life insurance legacy faces more scrutiny

DARREN SNYDER  |  THURSDAY, 1 DEC 2016
Australia's life insurance regulator is renewing calls to rationalise legacy products that have plagued the industry with poor consumer outcomes and operational complexities. APRA member Geoff Summerhayes told a parliamentary inquiry on the life insurance ...

Global equities fund becomes 'Recommended'

DARREN SNYDER  |  THURSDAY, 1 DEC 2016
Research house Zenith has upgraded an international equities fund to a 'Recommended' rating. Receiving the upgrade in conjunction with its second anniversary, the Pan-Tribal Global Equity Fund is now considered a product that rates in the first quartile ...

ASIC falls on fund disclosure sword

DARREN SNYDER  |  WEDNESDAY, 30 NOV 2016
ASIC has bowed to superannuation industry lobbying and extended the transition period for funds to comply with updated fee and cost disclosure requirements under RG97. In September, ASIC Commissioner Greg Tanzer told the Australian Superannuation Investment ...

MySuper lifecycle funds lead the pack

DARREN SNYDER  |  WEDNESDAY, 30 NOV 2016
The latest Rainmaker Information report indicates several bank-owned MySuper products are increasing their position in the highly competitive superannuation marketplace, especially through lifecycle funds. Rainmaker's September quarter MySuper report ...

The rise of the robo-adviser

DARREN SNYDER  |  WEDNESDAY, 30 NOV 2016
Financial advisers must be encouraged by keen online investors seeking more robo-advice opportunities and new automated investment solutions. This is a key finding in the inaugural Investment Trends Robo-advice Report released this week. The report ...

AMP Capital senior manager joins CFS

DARREN SNYDER  |  MONDAY, 28 NOV 2016
A senior manager among AMP Capital's multi-asset group will leave for a new role at Colonial First State in December. AMP Capital senior manager, platforms, tailored investment solutions Jodie Tapscott will leave the firm after more than four years. ...

Super objective crucial to Commission review

DARREN SNYDER  |  MONDAY, 28 NOV 2016
The heartbeat of a Productivity Commission review in to superannuation efficiency and competitiveness comes from the same super system that has operated for decades. The Commission will assess Australia's $2 trillion retirement savings structure through ...

SMSFs encouraged to embrace fintech

DARREN SNYDER  |  FRIDAY, 25 NOV 2016
SMSF members need to embrace fintech to minimise the erosion of returns and add simplicity to the costs of both asset ownership and administration. Managed account software provider MA Operator says many SMSFs are paying for services they don't need ...