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Showing 5771 - 5780 of 15789 results for "TER"

Super funds partner for $250m fund

KANIKA SOOD  |  FRIDAY, 7 JUN 2019
First State Super and VicSuper are partnering with the Victorian Government to set up a $250 million fund which will invest in small and medium businesses in the state. Victorian Treasurer Tim Pallas announced $50 million towards the $250 million Victorian ...

Passing Protecting Your Super costs should be fair: APRA

KARREN VERGARA  |  FRIDAY, 7 JUN 2019
APRA expects superannuation funds to do the right thing by members when recovering the costs associated with implementing the Protecting Your Super reforms. The prudential regulator recently updated its Frequently Asked Questions page, urging trustees ...

Downgrade follows fund manager YouTube apology

ELIZABETH MCARTHUR  |  FRIDAY, 7 JUN 2019
Morningstar has downgraded a hedge fund facing liquidity issues. The move follows a sombre apology to investors from the fund manager delivered via YouTube. Neil Woodford issued a YouTube apology to investors whose money is currently frozen in Woodford ...

Retirement income review welcomed: Poll

KARREN VERGARA  |  THURSDAY, 6 JUN 2019
The Federal Government's pledge to review the retirement income system and the numerous proposed improvements to superannuation has been welcomed by readers polled in Financial Standard 's latest survey. More than half (53%) of the respondents applauded ...

PYSP puts SMSFs at risk

HARRISON WORLEY  |  THURSDAY, 6 JUN 2019
As July 1 approaches, some self-managed superannuation fund members are scrambling to ensure life insurance policies held through an APRA-regulated fund aren't suddenly cancelled. With the Government's Protecting Your Super Package about to kick in ...

Global manager welcomes former CFSGAM head

JAMIE WILLIAMSON  |  WEDNESDAY, 5 JUN 2019
The former head of client relationships at Colonial First State Global Asset Management has joined the leadership team of a $695 billion investment manager. MFS Investment Management has named Daniel Bristow as director of consultant relations in Australia. ...

Platform distribution lead departs

JAMIE WILLIAMSON  |  WEDNESDAY, 5 JUN 2019
The head of distribution and marketing at an ASX-listed platform provider has resigned. Xplore Wealth confirmed Tony Nejasmic is leaving to take on a new role elsewhere. Financial Standard understands he has accepted a new role at Lonsec. Nejasmic first ...

Cashwerkz, Praemium ink deal

HARRISON WORLEY  |  WEDNESDAY, 5 JUN 2019
Financial advisers using Praemium's integrated managed accounts offering can now access the Cashwerkz platform. The two firms have entered a "data feed partnership" that will allow advisers using Praemium to access Cashwerkz's marketplace offering from ...

Risk commission changes imperil advice practices

KARREN VERGARA  |  WEDNESDAY, 5 JUN 2019
As financial advisers adjust their business models to the Life Insurance Framework, many fear the Royal Commission's recommendations will further undermine the viability of their practices. This is according to ClearView's latest survey of 630 financial ...

Advisers wary of ethical funds, launch own rating system

ELIZABETH MCARTHUR  |  WEDNESDAY, 5 JUN 2019
A co-op of financial advisers believes superannuation funds are performing poorly when it comes to providing ethical and sustainable investment options, as reflected in a newly launched rating system. The Ethical Advisers Co-op is launching its own ...