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Showing 531 - 540 of 3440 results for "SMI"

Powerwrap launches SMA service

MARK SMITH  |  THURSDAY, 8 SEP 2016
Platform provider Powerwrap has launched a separately managed account (SMA) offering, designed to provide advisers and clients with improved investment opportunities by allowing managers to be more responsive to market conditions in real-time. The new ...

Legg Mason Brandywine fund gets top rating again

MARK SMITH  |  WEDNESDAY, 7 SEP 2016
The Legg Mason Brandywine Global Opportunistic Fixed Income Trust has been awarded a "Highly Recommended" rating by Lonsec for a third straight year. The rating coincides with the fund surpassing $500 million in assets under management in Australia ...

ING DIRECT pays up for "no fees" super marketing

MARK SMITH  |  WEDNESDAY, 7 SEP 2016
ING DIRECT is returning a total of $5 million to members of its superannuation fund, Living Super, and will no longer promote the product as having "no fee" after the financial services regulator raised concerns about how fees on its cash option were ...

UK corporate pension deficit swells

MARK SMITH  |  WEDNESDAY, 7 SEP 2016
The combined pension deficit of the UK's 350 largest listed companies widened £50 billion ($87 billion) in August, the increase on record. According to data from Mercer, the accounting deficit of defined benefit pension schemes for FTSE 350 companies ...

Act now to ensure super sustainability: Cooper

MARK SMITH  |  TUESDAY, 6 SEP 2016
BT Financial Group chief executive Brad Cooper has called on the government to raise the super guarantee to 12% and limit reviews of superannuation policy to once every five years. In a speech at a Trans-Tasman Business Circle event in Sydney's Barangaroo ...

Energy Super selects group insurer

MARK SMITH  |  MONDAY, 5 SEP 2016
$5.9 billion industry fund Energy Super has chosen who will provide its group salary continuance insurance. Effective from 5 September, MLC Life Insurance has won the contract in what the life company has described as "a significant announcement for ...

ASFA names KPMG partner as new CEO

MARK SMITH  |  MONDAY, 5 SEP 2016
The Association of Superannuation Funds of Australia (ASFA) has named its new chief executive to take over from Pauline Vamos, who stepped down in July after nine years with the industry body. Dr. Martin Fahy, who is currently a partner in management ...

Vanguard makes senior hire

JAMIE WILLIAMSON  |  FRIDAY, 2 SEP 2016
Vanguard Australia has appointed a new head of legal and compliance. Ashley Warmbrand, formerly head of risk and audit governance at NAB, will commence with the fund manager in October. With over 15 years' experience in financial and professional services ...

Voya names new chief executive

MARK SMITH  |  FRIDAY, 2 SEP 2016
Voya Investment Management has promoted its chief investment officer of fixed income to the role of chief executive. Christine Hurtsellers, who has been fixed income CIO since 2009, officially took over the reins on 1 September, reporting to Voya Financial's ...

How super investment option fees vary

MARK SMITH  |  FRIDAY, 2 SEP 2016
Superannuation members who have selected an investment option other than their fund's balanced option may be paying more in fees than they realise, according to research by Rainmaker. The researcher said investment management fees generally account ...