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Showing 6191 - 6200 of 18124 results for "superannuation"

UBS signs on Morningstar

KANIKA SOOD  |  WEDNESDAY, 19 DEC 2018
UBS will use Morningstar to provide securities pricing and industry news on its platform that five large superannuation funds use for their direct investment options. In an arrangement signed off six weeks ago, Morningstar replaced Reuters, which had ...

Former adviser charged over super theft

JAMIE WILLIAMSON  |  WEDNESDAY, 19 DEC 2018
A former financial adviser was charged with 20 dishonesty offences after stealing clients' superannuation savings for his own use. Daniel McSweeny appeared in Downing Centre Local Court in Sydney this week facing 20 charges relating to dishonest conduct ...

Grandfathered commissions: Where to from here?

JAMIE WILLIAMSON  |  WEDNESDAY, 19 DEC 2018
... of Commissioner Hayne's final report which is due February 2019. The Australian Banking Association and many superannuation funds are already calling for a ban, and three of the four big banks have already vowed to phase them out. ABA chief executive ...

ASIC permanently bans former Apogee adviser

KARREN VERGARA  |  TUESDAY, 18 DEC 2018
... has been permanently banned from providing financial advice after ASIC found he illegally took $1.4 million from superannuation accounts. ASIC's investigation of Ahmed Saad found he engaged in dishonest conduct on 164 separate occasions by illegally ...

Industry fund awards $180m fixed income mandate

HARRISON WORLEY  |  TUESDAY, 18 DEC 2018
A $7 billion industry superannuation fund awarded a $180 million fixed income mandate to a US-based fund manager. Energy Super, a superannuation fund managing the retirement savings of about 47,000 Australians, awarded the fixed income mandate to Payden ...

Raiz expands offshore

KARREN VERGARA  |  TUESDAY, 18 DEC 2018
... company's intention of breaking into the Indonesian market about the time it listed. The company has branched out into superannuation, having recently developing a tailored group insurance product with Swiss Re. The deal involves jointly researching ...

ASIC cans advice business AFSL

JAMIE WILLIAMSON  |  TUESDAY, 18 DEC 2018
... AFSL cancelled for failing to adequately manage conflicts of interest after clients were advised to invest their superannuation in the practice. ASIC has cancelled the AFSL of Evermore Money Management, home to about 40 financial advisers. It has been ...

MYEFO sees bond issuance drop

ALEX DUNNIN  |  TUESDAY, 18 DEC 2018
... 11% to $165 billion. Super fund exposure to fixed interest bonds however changed at different rates, according to superannuation industry regulator APRA. Holdings of Australian fixed interest increased 3% in the 12 months to September 30 but holdings ...

MYEFO: Regulatory funding increases, Budget surplus doubles

DARREN SNYDER  |  MONDAY, 17 DEC 2018
... Taskforce - one that "targets the most serious crimes that present the highest risk to Australia's tax and superannuation systems." The Federal Court of Australia will receive $7.7 million over four years from 2018-19 to manage the expected increase ...

Super a money laundering target: AUSTRAC

HARRISON WORLEY  |  MONDAY, 17 DEC 2018
Australia's money laundering watchdog is warning superannuation funds they are serious targets for financial criminals, and provided advice on how to avoid getting stung. AUSTRAC released a guidance paper to the superannuation sector, outlining the ...