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Showing 5541 - 5550 of 22790 results for "Funds"

Super underperformance needs to be addressed: Research

ELIZA BAVIN  |  TUESDAY, 5 JAN 2021
Despite criticism from superannuation funds over the governments' new super fund performance benchmarks, Rainmaker research shows there is an underperformance challenge that needs to be confronted. The Rainmaker 2020 Superannuation Benchmarking ...

Super fund targets homegrown opportunities

KARREN VERGARA  |  FRIDAY, 1 JAN 2021
... always look at opportunities to create scale, in the best interests of members. If we have to, we will talk to other super funds to get scale. "However, there is something unique we can create here in South Australia rather than losing a local fund to ...

Challenger to buy industry-fund-owned bank

KANIKA SOOD  |  WEDNESDAY, 23 DEC 2020
... Challenger to scale and streamline the business. "Adding a digital domestic banking capability to sit alongside our Life and Funds Management operations will broaden the ways in which we provide financial security for retirement and will further diversify ...

Hostplus axes manager

ELIZABETH MCARTHUR  |  WEDNESDAY, 23 DEC 2020
... Equity Management is a wholly owned subsidiary of Franklin Templeton Investments Australia with approximately $8 billion in funds under management. Balanced Equity Management has been one of Hostplus' core Australian equities managers since January ...

Super industry to branch out: Rice Warner

ELIZA BAVIN  |  WEDNESDAY, 23 DEC 2020
... Projections report. The new report takes a very positive view of the Australian super system over the next decade, predicting funds will be required to hold more capital as the system matures. The report suggests funds will also streamline their in-house ...

Super funds boost stake in US toll roads

KARREN VERGARA  |  WEDNESDAY, 23 DEC 2020
... on the east coast of the US. Together with the Canada Pension Plan Investment Board (CPP Investments), the superannuation funds will acquire a 50% stake in the Greater Washington Area Express Lanes, located in between the states of Virginia and Delaware. ...

Future Super cuts fees

ELIZABETH MCARTHUR  |  WEDNESDAY, 23 DEC 2020
... and added that it anticipates further fee cuts as the fund continues to grow. "There's a long-held view that ethical funds are more expensive, however the fee reductions we're announcing today bring our Balanced Index fees to well-below the industry ...

Former adviser pleads guilty to theft, dishonesty

KANIKA SOOD  |  TUESDAY, 22 DEC 2020
... Sydney's Downing Street District Court, in relation to advising clients on a failed IPO raise from which he redirected their funds. Following the guilty plea, he will be sentenced in Sydney District Court on 20 April 2021. Flowers was the director ...

QLD super funds advance merger

KARREN VERGARA  |  TUESDAY, 22 DEC 2020
... proceed with a merger that is set to finalise as early as 1 July 2021. The board of the two Queensland-based superannuation funds have signed a binding heads of agreement following a two-and-a-half month due diligence process. Work is underway on implementing ...

ERS had little effect on funds: Research

ELIZA BAVIN  |  TUESDAY, 22 DEC 2020
Large outflows experienced by some super funds as a result of the government's early release of super scheme had little impact on fund performance, according to new research from the University of Melbourne. The research, conducted by James Brugler ...