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Showing 5881 - 5890 of 22790 results for "Funds"

MLC Life restructures, appoints lead

JAMIE WILLIAMSON  |  WEDNESDAY, 23 SEP 2020
... MLC Life said the restructure will help deliver superior experiences for customers, financial advisers and superannuation funds, with McCormack saying: "Frankly speaking, I recognise that the current service experience we are delivering is not acceptable ...

ASIC cleans up 'cash plus' funds

KANIKA SOOD  |  WEDNESDAY, 23 SEP 2020
ASIC found 14 'cash' funds with $7 billion in assets had confusing or inappropriate labelling, resulting in changes to names, asset allocations or in one case, even a closure. The corporate regulator found some funds that labelled themselves as 'cash ...

Masterfund assets decline

KARREN VERGARA  |  WEDNESDAY, 23 SEP 2020
... recovered the losses instigated by the global pandemic, the latest Plan For Life data show. The sector, which comprises mutual funds on wraps, platforms and master trusts, reached $824.3 billion for the period, according to actuary and research firm ...

Bermuda-based fund launches down under

ALLY SELBY  |  WEDNESDAY, 23 SEP 2020
... correlation to equity markets. The strategy is led locally by Alex Lee, a former Barclays Capital vice president of equity and funds structured markets, who sees potential for the fund for SMSF trustees, self-directed investors and family offices seeking ...

817 super complaints during COVID-19

ELIZABETH MCARTHUR  |  WEDNESDAY, 23 SEP 2020
... for 41% of complaints and credit card companies made up 35% of complaints. Just 14% of complaints were directed at super funds. "The data released today covers complaints lodged up to 30 June 2020. The early impact of COVID-19 can be seen in the spikes ...

Retail fund satisfaction drops

ELIZA BAVIN  |  WEDNESDAY, 23 SEP 2020
Customer satisfaction will retail funds fell by 2.5% while satisfaction in industry funds rose 0.2%, according to new data from Roy Morgan's Superannuation Satisfaction Report. The report shows an overall super fund satisfaction with financial performance ...

Super Recruiters announces chair

ANNABELLE DICKSON  |  WEDNESDAY, 23 SEP 2020
... Ambition. Commenting on her appointment, Doyle said: "I look forward to helping the HR leaders of wealth managers and super funds better position their organisations in the current and post-COVID world." "While there are a range of challenges for people ...

Boutique extends GBST partnership

KANIKA SOOD  |  TUESDAY, 22 SEP 2020
... have worked together for a decade, providing custom after-tax benchmarks for Australian equity portfolios to superannuation funds. It will now also use GBST to provide after-tax services based on the global MSCI after-tax benchmarks index series, for ...

AMP tops worst-performing super funds list

KARREN VERGARA  |  TUESDAY, 22 SEP 2020
Retail superannuation funds provided by AMP and OnePath continue to charge high fees and deliver poor returns for members, the latest Fat Cat report shows. For the sixth year in a row, AMP continued to dominate robo-adviser Stockspot's Fat Cat list ...

Lonsec bolsters investment team

ALLY SELBY  |  TUESDAY, 22 SEP 2020
... managed fund products. Lonsec research director Lorraine Robinson said Green's wealth of experience working across managed funds, listed products, and direct equities - 12 years of which were spent at Lonsec - would assist the research house to grow ...