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Showing 631 - 640 of 6290 results for "Superannuation Fund"

Advisers shun major institutions, 500 exit: Rainmaker

KARREN VERGARA  |  WEDNESDAY, 24 JUL 2024
... Merit Wealth, AMP Financial Planning, and Bridges Financial Services lost the highest number of advisers. Superannuation fund-linked advisers is the smallest institutional segment comprising just 3.6% of the total market, although they represent 11% ...

Cbus strategy chief exits

KARREN VERGARA  |  MONDAY, 22 JUL 2024
The chief strategy officer of Cbus Super has resigned from the post after eight years with the fund. Alexandra West was less than a year into her new role as strategy chief before she resigned effective June 7. West stepped into the newly created role ...

AustralianSuper manager research head departs

ELIZABETH FRY  |  FRIDAY, 19 JUL 2024
... portfolio construction. He spent the last 10 years as the head of manager research at the nation's largest superannuation fund, where he built multi-manager equity portfolios, now valued at $50 billion. He was also responsible for oversight of the ...

Group insurance cheaper by 25%: Rainmaker

KARREN VERGARA  |  MONDAY, 15 JUL 2024
Group insurance continues to be cheaper than life insurance purchased directly with an insurer by as much as 25%, new research from Rainmaker Information shows. The latest Rainmaker Benchmarking report finds that cost savings for group insurance members ...

Vanguard Super's default option delivers 13.2% return

ANDREW MCKEAN  |  MONDAY, 15 JUL 2024
Vanguard Super's default MySuper lifecycle investment option has posted a 13.2% return in its first full financial year. This investment option outperformed some of Australia's largest superannuation funds, surpassing all industry funds on a one-year ...

AFCA caps Dixon claimants at 2773

KARREN VERGARA  |  FRIDAY, 12 JUL 2024
Total compensation for Dixon Advisory victims has reached $338.6 million as the Australian Financial Complaints Authority (AFCA) caps the total number of complainants at 2773. The Financial Advice Association Australia (FAAA) calculates that the financial ...

Fiji National Provident Fund hunts active fund managers

KARREN VERGARA  |  WEDNESDAY, 10 JUL 2024
... Fiji National Provident Fund (FNPF) is seeking active fund managers to oversee two strategies. The country's superannuation fund is on the hunt for fund managers to invest on behalf of its Global Listed Developed Market Equity Strategy 1 and Global Listed ...

Invartis enters Australian market

ELIZA BAVIN  |  WEDNESDAY, 10 JUL 2024
Strategic consulting firm Invartis is expanding into Australia with plans to provide services to support superannuation funds and wealth managers. The new office will be set up in Melbourne and Nigel Jansz has been named as country head - Invartis Australia ...

The investment managers winning the biggest mandates

ANDREW MCKEAN  |  TUESDAY, 9 JUL 2024
... Then came JP Morgan which won a $2.31 billion international fixed interest mandate from HESTA. Meanwhile, the superannuation fund with the most mandates is HOSTPLUS, with 314 total mandates, with an average size of $343 million. State Super ranks second ...

ASIC levy to slug advisers $48.4m

KARREN VERGARA  |  TUESDAY, 9 JUL 2024
ASIC's regulation activity for the 2024 financial year is expected to slug financial advisers $48.39 million collectively as the annual levy does not appear to be reducing. Licensees that provide personal advice to retail clients on relevant financial ...