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Showing 6351 - 6360 of 22796 results for "Funds"

FICAP sponsors donate $150k despite postponement

JAMIE WILLIAMSON  |  FRIDAY, 29 MAY 2020
... opportunity shouldn't be imprisoned with their parent," Kew said. Similarly, Learning Links said it will be using the FICAP funds to develop much needed online literacy and numeracy programs for children across Australia struggling to learn. "Learning ...

APRA quashes super liquidity concerns

HARRISON WORLEY  |  THURSDAY, 28 MAY 2020
APRA has put to bed any rumour that superannuation funds are at risk of facing liquidity issues as a result of the government's decision to allow Australians early access to their superannuation. Appearing alongside ASIC before the Senate Select Committee ...

Collapse of REITs spells opportunity: SG Hiscock

ALLY SELBY  |  THURSDAY, 28 MAY 2020
... cycle pricing and fundamentals; such as the more volatile income streams within the A-REIT index including development, funds management and performance fees. "We had been pushing up capitalisation rates and assigning lower multiples for other income ...

APRA pushes for super fund consolidation

JAMIE WILLIAMSON  |  THURSDAY, 28 MAY 2020
APRA has urged all superannuation funds to be more proactive in considering their options, saying that while COVID-19 will pass, its impact will be felt for far longer and funds will soon run out of excuses. Over the past seven years, the number of ...

Grow Super co-founder in alleged betting scandal

ELIZABETH MCARTHUR  |  THURSDAY, 28 MAY 2020
... that transfer expected to go through this year. "We are having a couple of active discussions with other superannuation funds and expect to finalise the divestment by early 2020 through a successor fund transfer," Wilson told Financial Standard in December ...

Sydney boutique shutters fund

KANIKA SOOD  |  THURSDAY, 28 MAY 2020
A Sydney boutique under Grant Samuel Funds Management's banner has closed its $28 million fund that invested in VIX and S&P 500 options. Triple3 Volatility Advantage, run by former Goldman Sachs, Merrill Lynch and JP Morgan Singapore options trader ...

ING rejigs super offering, closes balanced option

KANIKA SOOD  |  THURSDAY, 28 MAY 2020
... growth option's allocation of 70% to growth assets," it said in a member communication. Balanced options at superannuation funds have copped advisers' ire in recent months, questioning their high allocations to illiquid assets, low cash and fixed income ...

Industry fund backs tobacco-free pledge

ALLY SELBY  |  THURSDAY, 28 MAY 2020
... Portfolios to support their global campaign for tobacco-free finance," Stewart said. '"As one of Australia's largest super funds, our aim is to provide our members with the best possible long-term, sustainable returns while being a force for good in ...

Complaints abound during COVID-19: AFCA

ELIZA BAVIN  |  THURSDAY, 28 MAY 2020
... COVID-19 related financial complaints since the pandemic was declared in March, with more than 600 directed at superannuation funds. Speaking to members at on online forum, chief operating officer Justin Untersteiner revealed the COVID-19 related complaints ...

Super escapes COVID-19 hit

HARRISON WORLEY  |  WEDNESDAY, 27 MAY 2020
... means despite the crisis it's only back to where it was a year ago. Two-thirds of that decrease came from APRA-regulated funds, with equity-heavy retail super funds bearing the biggest brunt. While retail super accounts for about one-quarter of superannuation ...