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Showing 6241 - 6250 of 15794 results for "TER"

IFM bids to build Melbourne Airport rail link

HARRISON WORLEY  |  THURSDAY, 20 SEP 2018
IFM Investors is part of a consortium seeking to fund and develop the long-awaited Melbourne Airport rail link. The $112 billion institutional fund manager partnered with Melbourne Airport, Metro Trains Australia and Southern Cross Station to form AirRail ...

Mainstream loses super fund contract

KANIKA SOOD  |  THURSDAY, 20 SEP 2018
A superannuation fund has terminated its administration contract with Mainstream after it announced plans to merge with a larger super fund in July. Combined Super has filed a termination notice with Mainstream Group Holdings ahead of its intention ...

Franking credits inquiry launched

HARRISON WORLEY  |  THURSDAY, 20 SEP 2018
An inquiry has been launched to examine the implications of Labor's policy to remove refundable franking credits. The House of Representatives Standing Committee on Economics will investigate the implications of removing refundable franking credits. ...

Custody contract up for grabs

KANIKA SOOD  |  THURSDAY, 20 SEP 2018
A $32 billion public sector fund manager's custody contract has come up for tender as it reviews the market for the best fit. Funds SA has appointed Mercer Sentinel to advise on the tender process. The manager has invited seven custodians to submit ...

Pengana merger pays off for WHSP

JAMIE WILLIAMSON  |  THURSDAY, 20 SEP 2018
Washington H. Soul Pattinson grew the value of its financial services investment portfolio by 19.3% in the 12 months to July 2018, contributing $16.4 million in net profit. Releasing full-year results today, the diversified investment house said the ...

NAB cuts bonuses for executives

KANIKA SOOD  |  WEDNESDAY, 19 SEP 2018
National Australia Bank chief executive Andrew Thorburn will be paid 11% less than last year if the banking group's performance is at target, following a revamp of NAB's executive pay structure. National Australia Bank chief executive Andrew Thorburn's ...

Advisers granted stat dec authorisation

JAMIE WILLIAMSON  |  WEDNESDAY, 19 SEP 2018
Financial advisers now have the status to sign statutory declarations under Commonwealth law. Advisers are now recognised as an additional category of people who are authorised to witness a Commonwealth statutory declaration, as outlined in the new ...

WTW launches ESG index strategy

KARREN VERGARA  |  TUESDAY, 18 SEP 2018
Willis Towers Watson has developed a new strategy which integrates ESG factors in the investment process with the help of a major index provider. WTW teamed up with MSCI to establish the Adaptive Capped ESG Universal Index. The strategy offers equity ...

DNR Capital tries small caps on for size

HARRISON WORLEY  |  TUESDAY, 18 SEP 2018
DNR Capital has diversified its offering with a new small caps fund aimed at investors looking for long-term opportunities. DNR Capital said its new small caps fund - the Australian Emerging Companies Fund - would retain the firm's long-standing investment ...

Choice members worse off in retirement: Research

KARREN VERGARA  |  TUESDAY, 18 SEP 2018
... fees). Across all products, the average fee stood at 1.23% compared to 1.16% in 2017. The average MySuper total expense ratio (TER) is now 1.2%. Rice Warner chief executive Michael Rice said the results suggested those who made a choice to invest their ...