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Showing 5021 - 5030 of 22133 results for "Tim"

Adviser ETF use grows

ANNABELLE DICKSON  |  TUESDAY, 29 JUN 2021
Financial advisers have increased their adoption of exchange-traded funds (ETFs) as demand for access to specific markets surges, new research shows. The latest BetaShares/Investment Trends ETF Report revealed 75% of Australian advisers are now using ...

Industry funds flag $77bn merger

KARREN VERGARA  |  TUESDAY, 29 JUN 2021
Two industry superannuation funds announced they are exploring a potential merger to create a $77 billion fund with 1.4 million members. Hostplus and Statewide Super said formal discussions are in the works and that they intend to shortly sign an exclusive ...

UK pension funds pushed to merge

JAMIE WILLIAMSON  |  MONDAY, 28 JUN 2021
The UK pension sector is experiencing similar pressure to that being felt by Australia's super funds, with the pensions regulator asking defined contribution (DC) funds with less than £5 billion in assets being urged to merge. In September last ...

Super tax concessions to outstrip Age Pension by 2040: Report

KANIKA SOOD  |  MONDAY, 28 JUN 2021
By 2040, the government will be spending more on superannuation tax concessions than on the Age Pension, according to the fifth Intergenerational Report released today. The government currently spends about 2% of the GDP on superannuation tax concessions. ...

Millennials to reap super reform rewards

JAMIE WILLIAMSON  |  MONDAY, 28 JUN 2021
Planned superannuation reforms could net millennials $650,000 extra in retirement, according to Colonial First State. Analysis from the institution shows increases to the superannuation guarantee will boost a 35-year-old's super balance by $86,000. ...

Charter Hall exec to chair NHFIC board

KANIKA SOOD  |  MONDAY, 28 JUN 2021
The National Housing Finance and Investment Corporation has appointed Charter Hall's Adrian Harrington as its chair, and two other members in a board renewal. The government agency, which lets private companies lend to social and affordable housing ...

Catholic Super to drop fees

JAMIE WILLIAMSON  |  MONDAY, 28 JUN 2021
The investment fees paid by Catholic Super members are set to drop by up to 20% as its joint venture with Equipsuper becomes a legal successor fund transfer. With the SFT set to finalise on June 30 and all Catholic Super members to transfer from the ...

Adviser slapped with four-year ban

KARREN VERGARA  |  MONDAY, 28 JUN 2021
Another former Meritum Financial Group and InterPrac Financial Planning adviser has copped a ban from the corporate regulator. From 1 April 2021, ASIC banned Hobart-based Hannah Jennings from providing financial services for four years for failing to ...

UK bans crypto exchange Binance

ELIZABETH MCARTHUR  |  MONDAY, 28 JUN 2021
The UK Financial Conduct Authority has banned well-known and popular crypto exchange Binance from operating in its jurisdiction. Binance, which is Cayman Islands domiciled, claims to be the biggest Bitcoin exchange and alt-coin cryptocurrency exchange ...

Mainstream bidding war over

ANNABELLE DICKSON  |  MONDAY, 28 JUN 2021
The intense bidding war for Mainstream appears to have ended after the administrator entered into a scheme implementation deed with Apex Group. Apex has made an offer for 100% of Mainstream shares for $2.80 per share, valuing the company at $400 million ...