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Showing 4981 - 4990 of 20552 results for "BEN"

Industry fund winds up infrastructure option

JAMIE WILLIAMSON  |  TUESDAY, 3 MAR 2020
A $6.5 billion industry superannuation fund is closing its unlisted infrastructure investment option due to lack of scale. Following a review of its offering, Media Super recently notified members it is closing its unlisted infrastructure option on ...

Pinnacle boutique eyes wholesale market

KANIKA SOOD  |  TUESDAY, 3 MAR 2020
A well-regarded infrastructure boutique, which recently co-invested with HESTA and First State, has opened its strategy to wholesale investors for the first time. Palisade Investment Partners has set up a feeder fund for wholesale investors, which will ...

JBWere partners with cash platform

KANIKA SOOD  |  TUESDAY, 3 MAR 2020
JBWere has signed an agreement with a cash platform to benefit its 500-strong adviser network. The wealth manager will use Cashwerkz's term deposit and at call solutions via the latter's online marketplace. Cashwerkz's platform has over ...

SuperConcepts names new chair

ELIZA BAVIN  |  TUESDAY, 3 MAR 2020
AMP's SuperConcepts has named a new chair, hiring from McPherson Super Consulting. Stuart Forsyth will take on the position, leaving his consultant role at McPherson Super Consulting. Prior to that, Forsyth was a non-executive director at SuperIQ and ...

Colonial First State cuts fees, closes legacy options

KANIKA SOOD  |  TUESDAY, 3 MAR 2020
Colonial First State has cut fees for about 200,000 members and will close some legacy options in FirstChoice Employer Super, as it simplifies its product line and phases out grandfathered commissions. The changes are across retail products (legacy ...

HUB24 hires managed portfolios lead

HARRISON WORLEY  |  TUESDAY, 3 MAR 2020
HUB24's new head of managed portfolios has hit the ground running, securing the exclusive launch of Milliman's first range of managed accounts. Former Partners Wealth Group general manager Brett Mennie has joined HUB24 as the platform's head of managed ...

Mid and small-caps outperform in 2019

ALLY SELBY  |  TUESDAY, 3 MAR 2020
S&P Dow Jones Indices has released its annual SPIVA Australia Scorecard; a report measuring the performance of active funds against their respective benchmark indices - and mid and small-caps have come out on top. Surveying returns from 829 Australian ...

Chief economist update: The C word

BENJAMIN ONG  |  TUESDAY, 3 MAR 2020
It was just a matter of time. With almost every person on this planet talking about the "C" word - coronavirus or COVID-19, that is - under their face masks, it's hardly surprising that fiscal and monetary authorities are now fashioning their own ...

NZ blacklists fossil fuels from super

ALLY SELBY  |  MONDAY, 2 MAR 2020
The New Zealand government has hardened its stance on climate change, barring fossil fuel producers from default accounts in its voluntary super system. Approximately 690,000 New Zealanders in default KiwiSaver accounts will no longer have exposure ...

Grattan calls for lower super fees

HARRISON WORLEY  |  MONDAY, 2 MAR 2020
Grattan Institute's submission to the Retirement Income Review has kicked off a war of words after it said a reduction in fees charged to super members would be more impactful than an uplift in the superannuation guarantee, and that ASFA's comfortable ...