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Showing 631 - 640 of 784 results for super kanika sood

Warakirri launches new fund for HNWIs

KANIKA SOOD  |  FRIDAY, 16 NOV 2018
The $2 billion Melbourne boutique is looking to raise at least $100 million for a new agricultural fund targeted at high-net-worth individuals, family offices and not-for-profit organisations. Warakirri Asset Management's new diversified agricultural ...

ASIC bans Perth adviser

KANIKA SOOD  |  THURSDAY, 15 NOV 2018
ASIC has banned a Perth-based adviser after a court found he stole more than $100,000 of superannuation money from his clients. Craig James Wilson was employed by an advice firm that was a representative of the Westpac-controlled licensee Securitor ...

ETPs attracting money despite volatility

KANIKA SOOD  |  TUESDAY, 13 NOV 2018
October's volatility wiped out $1.4 billion from Australian exchange-traded products but investors continued to pour in record-levels of new money, according to VanEck. The ETP industry was $41.9 billion strong at September end but October's volatility ...

Morningstar IM appoints regional chief investment officer

KANIKA SOOD  |  TUESDAY, 13 NOV 2018
A former Qantas Super portfolio manager is taking on the role of Morningstar Investment Management's chief investment officer for Asia Pacific. Matt Watcher will start in the role in late January 2019, based out of Sydney. He takes over from current ...

FSC revamps life insurer code

KANIKA SOOD  |  MONDAY, 12 NOV 2018
The Financial Services Council has released a new draft life insurance code of practice that makes 30 changes to the code in place since 2017. The second iteration of the code aims to lift the standards in product design, sales, underwriting, customer ...

Aussie funds among the world's largest asset owners

KANIKA SOOD  |  MONDAY, 12 NOV 2018
... include the Future Fund which ranked 45th with $148 billion; AustralianSuper ranked 53rd with $142 billion; First State Super ranked 86th; TCorp ranked 92nd and QSuper secured 97th place. Master trusts and outsourced CIO models like NAB/MLC's Nulis ...

AustralianSuper changes property option

KANIKA SOOD  |  FRIDAY, 9 NOV 2018
... property option but says it is not in response to an impending property crash. Starting November 19, Australia's largest super fund will put a 70% cap on the amount that a member can invest in its property option. AustralianSuper will also have the ...

Grattan says Aussies retiring comfortably, ISA responds

KANIKA SOOD  |  WEDNESDAY, 7 NOV 2018
... after allowing for inflation. This is above the OECD-endorsed 70% benchmark. Hence the legislation to ramp up compulsory super contributions to 12% should be scrapped, putting about $2 billion back into the budget every year, the independent think tank ...

Melbourne AFSL pays $9 million in fines

KANIKA SOOD  |  MONDAY, 5 NOV 2018
A Melbourne company has copped about $9 million in penalties after ASIC found it offered personal loans with the proviso customers implement financial advice from the firm. Financial Circle offered personal loans to consumers of up to $5000. However ...

Cbus whacks illegal phoenixing

KANIKA SOOD  |  FRIDAY, 2 NOV 2018
The $48 billion industry super fund is backing the introduction of director identification numbers (DINs) to stop company directors from fraudulently escaping superannuation obligations to workers. The construction industry is the "highest represented" ...