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Showing 31 - 40 of 100+ results for Kanika Sood

How will members respond to the YFYS test results?

KANIKA SOOD  |  WEDNESDAY, 1 SEP 2021
Queensland University of Technology senior lecturer Elisabeth Sinnewe says some members may be lulled into a bad choice about superannuation when they read the performance test results. Sinnewe discussed the behavioural aspects of consumer choices ...

APRA leaves door open for benchmark tweaks

KANIKA SOOD  |  WEDNESDAY, 1 SEP 2021
APRA general manager superannuation Katrina Ellis says the regulator is open to finding better benchmarks, especially for unlisted assets, in both its heatmaps and Your Future, Your Super performance test. Speaking at AIST's annual investment conference ...

QIC appoints chief investment officer

KANIKA SOOD  |  WEDNESDAY, 1 SEP 2021
QIC has appointed a new chief investment officer for its $58 billion state investments team, as the incumbent retires. Allison Hill succeeds Jim Christensen who is retiring after five years with the firm. Hill joined QIC in January 2018 after working ...

CFS drops admin fees on FirstChoice Employer Super

KANIKA SOOD  |  TUESDAY, 31 AUG 2021
Colonial First State yesterday said it will drop the administration fees on its FirstChoice Employer Super products from, ahead of the Your Future, Your Super test results today. Effective October, CFS will charge FirstChoice Employer customers 30bps ...

Departures continue at AMP Capital MAG

KANIKA SOOD  |  TUESDAY, 31 AUG 2021
Another portfolio manager has left AMP Capital for a $3.2 billion Sydney investment firm, as the latter readies a new fund. Fiona Manning joined Apostle Funds Management on August 30 as a portfolio manager for a soon-to-be launched fund, the Apostle ...

Bravura appoints head of Sonata Alta

KANIKA SOOD  |  TUESDAY, 31 AUG 2021
Bravura has hired an industry super operations manager as its head of Sonata Alta. Nicole Kennedy started in the role on August 30. She reports to Bravura's head of operations for Australia Jon Alder. She joins from CareSuper and previously worked ...

Results out: 13 funds fail YFYS performance test

KANIKA SOOD  |  TUESDAY, 31 AUG 2021
Big names like Colonial First State's FirstChoice, BT Super and Christian Super are among the 13 superannuation funds that failed APRA's inaugural performance test. In all, APRA tested 76 MySuper products in this round, of which 13 failed. This ...

Buy-sell spreads higher for active and diversified ETFs: Rainmaker

KANIKA SOOD  |  MONDAY, 30 AUG 2021
Active ETFs and diversified ETFs have the highest buy-sell spreads among ASX-listed ETFs, according to Rainmaker analysis. Across the ASX-listed ETFs, the median buy-sell spread is 17 bps. However, the actual spread varies vastly by types of ETFs. The ...

Antares hires from Dimensional

KANIKA SOOD  |  MONDAY, 30 AUG 2021
MLC Asset Management's Antares has appointed a fixed income portfolio manager, hiring from Dimensional Fund Advisors. Gillian Wilson will join Antares's fixed income team on September 13. Wilson leaves Dimensional after nearly 13 years with ...

Mainstream revenue up 18%

KANIKA SOOD  |  FRIDAY, 27 AUG 2021
ASX-listed Mainstream reported $65.6 million in revenue for FY21, up 18% from the previous financial year. The firm said all revenue growth was organic and driven by demand in Australia, Asia and the United States. Operating EBITDA rose 27% to $20.4 ...