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Showing 5811 - 5820 of 15789 results for "TER"

NAB sells fund administration business

HARRISON WORLEY  |  MONDAY, 20 MAY 2019
A German group has picked up NAB's managed funds services business, Ausmaq. Deutsche Borse has acquired the specialist managed funds and term deposit administrator through its international central securities depository subsidiary, Clearstream. ...

Lifecycle fails to woo industry super

KANIKA SOOD  |  MONDAY, 20 MAY 2019
Six years after the first lifecycle MySuper products hit the shelves, industry superannuation funds have trailed behind the retail sector in terms of adoption. Only five industry funds ditched their single strategy MySuper product for a lifecycle option ...

Labor policies boost superannuation agenda

KARREN VERGARA  |  FRIDAY, 17 MAY 2019
Australians concerned about their retirement savings should keep in mind the superannuation reforms at stake as they head to the polls tomorrow. A new analysis from the Australian Institute of Superannuation Trustees found Australians' retirement ...

NZ$5 trillion investor group supports Christchurch Call

ELIZABETH MCARTHUR  |  THURSDAY, 16 MAY 2019
NZ Super's initiative to pressure social media companies and governments to eliminate terrorist content online has achieved a new milestone, reaching NZ$5 trillion in assets under management and throwing its weight behind a new movement. At a summit ...

Chief economist update: Low unemployment, low wages growth conundrum

BENJAMIN ONG  |  THURSDAY, 16 MAY 2019
"Annual wages in seasonally adjusted terms grew 2.3% for the third quarter in a row. The main contributors to growth over the quarter were regularly scheduled wage rises in the health care and social assistance and education and training industries ...

Aberdeen Standard hires ESG investment director

KARREN VERGARA  |  WEDNESDAY, 15 MAY 2019
Aberdeen Standard Investments recruited Local Government Super's former responsible investment lead as its ESG investment director. Bill Hartnett will relocate to London to support ASI's emerging markets and Asia-Pacific team in the newly created ...

IFM buys North American pipeline operator

KANIKA SOOD  |  TUESDAY, 14 MAY 2019
IFM Investors is set to acquire a North American pipeline operator via its global infrastructure fund, adding to its assets in the region. IFM entered a definitive agreement to acquire all outstanding public common units of NYSE-listed Buckeye Partners ...

Industry super fund chair steps down

KARREN VERGARA  |  TUESDAY, 14 MAY 2019
The chair of a $2.7 billion industry superannuation fund has left to become a member of Parliament. Club Plus Super chair and long-serving director Tara Moriarty recently became a member of the Legislative Council at the recent New South Wales state ...

Advice practice supply outweighs demand

JAMIE WILLIAMSON  |  MONDAY, 13 MAY 2019
The valuation gap between high-quality financial advice businesses and conventional practices is growing, with the sector quickly turning into a buyers' market. Latest insights from Radar Results show the valuation gap between high-quality practices ...

ANZ provides update on wealth sale

ELIZABETH MCARTHUR  |  MONDAY, 13 MAY 2019
ANZ provided an update on its contractual arrangements with IOOF in relation to the sale of its OnePath Pensions and Investments business. The coupon rate ANZ pays on the debt note subscribed by IOOF reduced from 14.4% per annum to 2% per annum as of ...