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Showing 6401 - 6410 of 22796 results for "Funds"

Merging super funds guaranteed tax relief

HARRISON WORLEY  |  FRIDAY, 15 MAY 2020
Superannuation funds are set to permanently avoid negative tax outcomes upon merging, after an amendment bill sailed through parliament yesterday. While the FASEA extension stalled yesterday, the parliament successfully shepherded the government's Treasury ...

ISA questioned over political donations

ELIZABETH MCARTHUR  |  FRIDAY, 15 MAY 2020
... standing committee on economics, Dean was questioned by Tim Wilson over whether political donations made by ISA or its member funds could possibly pass the sole purpose test. Dean was adamant that ISA does not make political donations. "ISA doesn't ...

Super fund pays it forward

JAMIE WILLIAMSON  |  THURSDAY, 14 MAY 2020
... of the 1202 members that had applied. Members withdrew an average of $7522. In total, Future Super has $1.44 billion in funds under management.

ESG investing to remain strong through pandemic

HARRISON WORLEY  |  THURSDAY, 14 MAY 2020
Despite COVID-19 shaking the world to its core, the themes underpinning ESG investing are not about to change, according to a global asset manager. Having destroyed the best laid plans of investors the world over, investment managers are asking how ...

Realigning remuneration expectations

KANIKA SOOD  |  THURSDAY, 14 MAY 2020
... says incentives will be down 30-40% (or more) this year. Asset management jobs' total incentives will fall 3%, while hedge funds and private equity compensation will be either flat or rise up to 5%. For asset management, Johnson Associates is advising ...

Few funds immune to ERS

ELIZABETH MCARTHUR  |  THURSDAY, 14 MAY 2020
Fears super funds with memberships concentrated in the industries hit hardest by the COVID-19 shutdown would feel the pain of early release more are proving largely unfounded, with funds of all kinds seeing withdrawals. While much speculation surrounded ...

Super must come together over cybercrime

HARRISON WORLEY  |  THURSDAY, 14 MAY 2020
The oversight body of the Superannuation Transaction Network is calling on super funds to work together to thwart the threat of cybercrime. Addressing the Association of Super Funds of Australia, GNGB executive officer Michelle Bower has urged the super ...

HESTA awards investment data mandate

ALLY SELBY  |  THURSDAY, 14 MAY 2020
... billion super fund has partnered with a New York-based software company to support its strategic investment decisions and funds management. HESTA has selected GoldenSource Nexus to overhaul its investment data management, set to help the super fund focus ...

ME Bank pays industry funds no dividends

ELIZABETH MCARTHUR  |  THURSDAY, 14 MAY 2020
... slash redraw balances on some legacy home loans, and subsequent backtrack, the bank's relationship with the 26 industry funds that own it has come under fire. At an urgent hearing of the House of Representatives economics standing committee chair ...

Morningstar downgrades two Vanguard funds to neutral

KANIKA SOOD  |  WEDNESDAY, 13 MAY 2020
Two unlisted funds from Vanguard have had their retail share classes downgraded at Morningstar, with the ratings house bringing attention to the vehicles' higher fees compared to their listed or wholesale versions. The lower-investment-minimum share ...