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Showing 5131 - 5140 of 8182 results for "Institutional"

Credit Union enters super through platform

DARREN SNYDER  |  TUESDAY, 1 MAR 2016
Bankstown City Credit Union has become the latest mutual to use a shared superannuation platform, allowing them to enter the $2 trillion market and expand its product range. The credit union, which has about 5000 members, is now using Financial Synergy's ...

Governance reform not targeting industry funds: O'Dwyer

MARK SMITH  |  MONDAY, 29 FEB 2016
Assistant Treasurer and Minister for Small Business Kelly O'Dwyer has insisted the proposed governance reforms for superannuation funds are not targeting the not-for-profit sector in a speech where she cited the privacy breach at Cbus as a sign that ...

Survey shows people struggling to put more super away

MARK SMITH  |  MONDAY, 29 FEB 2016
Australians believe now is a good time to pay off debt and top-up their super but many say they can't afford to put money away after living expenses, according to a new survey by MLC. The latest MLC Wealth Sentiment Survey also shows that 50% of Australians ...

Australia aims to be APAC fintech leader

DARREN SNYDER  |  MONDAY, 29 FEB 2016
Federal Treasurer Scott Morrison's recent trip to Hong Kong and Shanghai top-dressed the government's innovation commitment and complemented calls by financial services executives for Australia's fintech industry to immediately capitalise in a "booming" ...

Tail risk hedging works for industry fund

DARREN SNYDER  |  MONDAY, 29 FEB 2016
Vision Super has reassured local councils the $7.5 billion fund has protected its defined benefit (DB) members from share market downturns thanks to a tail risk hedging strategy. Vision Super chief investment officer Michael Wyrsch said management of ...

Three super funds take responsible investment gong

ALEX BURKE  |  MONDAY, 29 FEB 2016
The Responsible Investment Association of Australasia has revised its certification program, giving its highest marks to three super funds. RIAA's Responsible Investment Certification Program is designed to award investment products, super funds, dealer ...

FSC reveals six-point super plan

ALEX BURKE  |  MONDAY, 29 FEB 2016
The Financial Services Council has released its six-point plan to make Australia's superannuation system more robust. As per the FSC's statement, the first three points are: "Give every Australian saver cast-iron confidence in the system. Take it out ...

Platinum inflows boosted by increased marketing spend

MARK SMITH  |  FRIDAY, 26 FEB 2016
... Platinum Trust Funds/Platinum Global Fund of $489 million. Outflows were both modest and concentrated, with one large institutional client rebalancing their portfolio and partially drawing-down their account. No accounts were lost in the period, Platinum ...

Link Group happy with Superpartners progress

MARK SMITH  |  FRIDAY, 26 FEB 2016
Link Group has reported a $4 million loss for the half-year to 31 December as a result of IPO costs but says it is seeing growth in all its revenue streams and is on track to meet its full year forecasts. The $4 million loss includes costs of $26.9 ...

International pension funds buy London City airport

MARK SMITH  |  FRIDAY, 26 FEB 2016
Three Canadian pension funds and the Kuwait Investment Authority have won the takeover battle for London City airport with an offer of about £2 billion ($3.9 billion). A consortium made up of Ontario Teachers' Pension Plan (OTPP), Borealis, AIMCo and ...