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Showing 5271 - 5280 of 8183 results for "Institutional"

Modest rise in retirement living costs: ASFA

DARREN SNYDER  |  WEDNESDAY, 16 DEC 2015
Retirees will welcome a modest rise in cost of living during the September quarter but retirement savings balances are still below par in order to live a comfortable lifestyle. The Association of Superannuation Funds of Australia (ASFA) released its ...

Nikko returns global equities to overweight stance

MARK SMITH  |  WEDNESDAY, 16 DEC 2015
Nikko Asset Management's global investment committee (GIC) has lifted its stance on global equities to moderately overweight from neutral, citing healthy economic growth prospects in the United States. The Tokyo-based company's investment committee ...

Equip drops super fees

DARREN SNYDER  |  WEDNESDAY, 16 DEC 2015
Industry superannuation fund Equipsuper has presented members with an early Christmas present, announcing it will cut fees and costs for accumulation and pension members from February 2016. Fee and cost cuts at the $7 billion fund have come from investment ...

ASIC consults on LIF powers

DARREN SNYDER  |  TUESDAY, 15 DEC 2015
Financial advisers and the life insurance industry are being asked to consult the Australian Securities and Investments Commission (ASIC) over plans that would give the regulator power to set a maximum level of upfront and ongoing commission payments ...

Nippon Life says MLC will bolster falling profits

ALEX BURKE  |  MONDAY, 14 DEC 2015
Japanese life insurer Nippon Life has reported an 8% drop in ordinary profit to $2.9 billion in the six months to September 30, 2015. Nippon Life's statement attributed this to the Japanese economy "gradually [declining] due to concerns about the Chinese ...

ISA launches super tax plan

DARREN SNYDER  |  MONDAY, 14 DEC 2015
Industry Super Australia (ISA) believes it has a tax package that would boost aggregate superannuation savings by $625 billion to 2055. After publicly arguing the case for a " super seed " in September, ISA is reinforcing several other tax initiatives ...

MySuper assets rise strongly

MARK SMITH  |  MONDAY, 14 DEC 2015
MySuper assets rose almost 18% to $428 billion in the 12 months to June 2015, according to data from APRA. Now that total MySuper products represent $428 billion in assets, up from $363 billion in June 2014, that adds up to just over a third (34%) of ...

ASIC forms its views on MySuper dashboards

DARREN SNYDER  |  FRIDAY, 11 DEC 2015
The Australian Securities and Investments Commission (ASIC) has released research suggesting there is a more positive sentiment towards superannuation based on annual tests of the MySuper dashboard. ASIC has published results from its 2014 consumer ...

Ending super gender gap needs collective approach

LAURA MILLAN  |  FRIDAY, 11 DEC 2015
One single strategy will not be enough to end the superannuation savings gap between men and women, industry stakeholders have concluded. Submissions to the Senate inquiry into 'Economic security for women in retirement' show that the industry is asking ...

Mirae Asset appoints Australian sales head

MARK SMITH  |  FRIDAY, 11 DEC 2015
... Before joining Mirae Asset four months ago, Wildman was responsible for business development within AMP Capital's institutional business for about six years. Mirae Asset is the global investment arm of Korea's Mirae Asset Financial Group. With nearly ...