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Showing 621 - 630 of 4006 results for "Accounts"

Super sector falling behind in cyber security: Podcast

CASSANDRA BALDINI | MONDAY, 24 JUL 2023

... account," he explained. There is also an adverse impact on the experience itself. "If you look at some of the compromised accounts, the organisations rightly put additional controls in place, and probably in some cases lock accounts. So, there is an ...

Colonial First State chalks up strong super returns

ANDREW MCKEAN | THURSDAY, 20 JUL 2023

... our disciplined investment approach," he said. CFS has $147.4 billion in funds under management and 940,000 customer accounts. The FirstChoice Employer Super has a total funds under administration of $14.9 billion.

InvestSense welcomes distribution lead

CHLOE WALKER | WEDNESDAY, 19 JUL 2023

The investment management consultancy firm, which specialises in multi-asset managed accounts, has brought John Nicoll on as distribution executive. Nicoll brings over 22 years of experience in the financial services sector, having previously served ...

CFS settles super fees class action

JAMIE WILLIAMSON | FRIDAY, 14 JUL 2023

... members high fees under the commission arrangements. This is despite the charging of commissions on new superannuation accounts being banned in 2013 under the Future of Financial Advice reforms. The action, which has been ongoing since October 2019 ...

Brighter Super sees double-digit returns

CHLOE WALKER | THURSDAY, 13 JUL 2023

... 12-month return of 10.62%, while its Growth option returned 12.61%. The Balanced option returned 10.60% for its accumulation accounts, while the Indexed Balanced option returned 11.65%. Meanwhile, the Socially Responsible Australian Shares option generated ...

Young people 'locked out' of superannuation: ISA

ANDREW MCKEAN | TUESDAY, 11 JUL 2023

... with the same employer. This prevents an estimated $330 million annually from being contributed to the superannuation accounts of people under the age of 18. ISA chief executive Bernie Dean said: "This is an out-of-date law that discriminates against ...

abrdn's Jollie outlines next steps

ELIZABETH FRY | FRIDAY, 7 JUL 2023

... Australian investors. "abrdn remains committed to the Australian market through differentiated investment solutions, managed accounts, active ETFs, sustainable investment strategies and digital advice." Some people remain on the ground to support these ...

More assets held in Choice over MySuper: APRA figures

ANDREW MCKEAN | MONDAY, 3 JUL 2023

... in APRA-regulated funds ($2.1 trillion), overshadowing the $875 billion held in MySuper products. But MySuper member accounts (14.1 million) outnumber Choice accounts (7.4 million). APRA data also revealed that of Choice products, accumulation products ...

Netwealth relaunches Wealth Accelerator

JAMIE WILLIAMSON | FRIDAY, 30 JUN 2023

... will continue to be able to access a rich suite of online features, such as sophisticated cash management tools, managed accounts technology and automated rebalancing and Record of Advice functionality," Netwealth added. Commenting, Netwealth managing ...

Trustees must do better on account consolidation: ASIC

JAMIE WILLIAMSON | THURSDAY, 29 JUN 2023

Super funds are not doing enough to address duplicate member accounts, with an ASIC review forcing some trustees to remediate members. Under the Superannuation Industry (Supervision) Act 1993, super trustees must have processes in place to tackle multiple ...

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Global X awards mandate for ETF business

ELIZA BAVIN | 12:33PM

Global X has awarded a new custody and administration mandate for its Australian ETF business.

Bell Asset Management launches small-caps fund

KARREN VERGARA | 11:56AM

Bell Asset Management has formally launched its Australian Small Companies Fund, which is run by former Tyndall Asset Management portfolio managers.

Former Australian Ethical finance chief lands new gig

MATTHEW WAI | 11:09AM

The former chief financial officer of the ethical investment manager has joined a local finance company after wrapping up his tenure at AUB Group.

MySuper assets pursue $1.5tn Choice sector

KARREN VERGARA | 12:20PM

MySuper assets are fast catching up to the $1.5 trillion Choice sector, hitting nearly $1.2 trillion in the March quarter.

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