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Showing 511 - 520 of 2253 results for "Roll"

Retail funds take out MySuper performance

ANNABELLE DICKSON  |  TUESDAY, 4 MAY 2021
Retail superannuation funds, with the exception of one industry fund, led MySuper performance for the three years to March end, according to latest Rainmaker analysis. Virgin Money Lifestage Tracker 1973-1983 returned 9.3% over three years, followed ...

BNY Mellon partners with FRT

JAMIE WILLIAMSON  |  FRIDAY, 30 APR 2021
BNY Mellon clients will now benefit from the investment giant's use of Financial Recovery Technologies' securities class action recovery services. The two firms have entered a strategic alliance which will see BNY Mellon use FRT's suite of class action ...

Raiz acquires superannuation platform

KANIKA SOOD  |  WEDNESDAY, 28 APR 2021
ASX-listed Raiz will pay $9.5 million to acquire a firm with a $70 million Choice superannuation fund. Raiz is set to buy Superestate, whose business includes superannuation, a residential property fund, and a property data platform. Under the deal ...

Standard Life Aberdeen rebrands to Abrdn

KARREN VERGARA  |  TUESDAY, 27 APR 2021
Standard Life Aberdeen is changing its name to Abrdn in a bid to revamp the company with a modern edge. Standard Life Aberdeen plc will become Abrdn plc, the firm announced overnight. Abrdn, which is still pronounced "Aberdeen", reflects a modern brand ...

Guild Super chooses new administrator

ELIZABETH MCARTHUR  |  THURSDAY, 22 APR 2021
... decreased by three basis points. Additionally, Guild Super changed its policy on partial rollouts. Members can now only partially roll out their balance to another super fund if at least $6000 stays in their account.

Chief economist update: Bank of Canada walks the talk

BENJAMIN ONG  |  THURSDAY, 22 APR 2021
... the labour market remains difficult for many Canadians, especially low-wage workers, young people and women. As vaccines roll out and the economy reopens, consumption is expected to rebound strongly in the second half of this year and remain robust over ...

HUB24 FUA up on acquisitions

ANNABELLE DICKSON  |  TUESDAY, 20 APR 2021
The platform has recorded a significant increase in funds under administration (FUA) as it integrates its recent acquisitions into the business. HUB24's total FUA has reached $51.4 billion with Xplore Wealth contributing $17.2 billion to this figure. ...

Chief economist update: Copper 10,000

BENJAMIN ONG  |  TUESDAY, 20 APR 2021
... government's relaxed restrictions and/or businesses and consumers adapted to on-going pandemic restrictions, vaccine roll-outs and continued fiscal and monetary policy support. In its latest World Economic Outlook (WEO) released in April, the International ...

Franklin Templeton awards custody mandates

ELIZABETH MCARTHUR  |  MONDAY, 19 APR 2021
J.P. Morgan will act as custodian for a further 26 funds as part of its custodial relationship with asset manager Franklin Templeton. The custody partnership between Franklin Templeton and J.P. Morgan in Australia now encompasses $8.5 billion in assets ...

Chief economist update: Australians all let us rejoice

BENJAMIN ONG  |  FRIDAY, 16 APR 2021
... Australia's post-GFC rebound and mining boom were in full swing" (Westpac). Australia's virtuous cycle continues to roll. Confident consumers beget confident businesses - household spending rises, lifting sales and profits and ultimately investment ...