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Showing 6711 - 6720 of 22796 results for "Funds"

Grattan calls for lower super fees

HARRISON WORLEY  |  MONDAY, 2 MAR 2020
... average super fees - and therefore an increase in investment returns - by ensuring Australians picked better-performing super funds, would boost retirement incomes "by more than other policies, including raising the super guarantee to 12%". According ...

Industry-made retirement models are self-serving: SCA

ELIZA BAVIN  |  MONDAY, 2 MAR 2020
... the basis for its recommendations. SCA said the set of budget standards that were set by the Association of Superannuation Funds Australia (ASFA) are not reliable and overstates how much a person needs for a comfortable retirement. "The reliance on the ...

Evans Dixon hires former Macquarie chair

KANIKA SOOD  |  FRIDAY, 28 FEB 2020
... was $8.8 million (down 41%). The company laid off 123 staff, reflecting 20% of its workforce, across wealth advice, E&P, funds management teams in US and Australia and group teams.

Challenger boutique winds up fund

KANIKA SOOD  |  THURSDAY, 27 FEB 2020
... entity for the fund. Kinetic currently manages about $600 million, for institutional and wholesale clients. Two other Kinetic funds, the Kinetic Premier Small Companies Fund, and the Kinetic Wholesale Smaller Companies Fund are currently being wound ...

Evans Dixon slashes staff

ALLY SELBY  |  THURSDAY, 27 FEB 2020
... $20.8 million. The firm cut 14% of its staff in its wealth advice business, 5% of its E&P business, 20% of its Australian funds management business and 47% of its US team in funds management. The staff cuts are set to save the wealth manager approximately ...

TCorp launches new bond

ALLY SELBY  |  THURSDAY, 27 FEB 2020
... assets. Formerly, Callebaut headed infrastructure at $54 billion industry fund Cbus. TCorp currently has $108 billion in funds under management. It is the central borrowing authority for NSW, with a balance sheet of $82 billion.

Unsatisfied HESTA members head for exit

ELIZABETH MCARTHUR  |  THURSDAY, 27 FEB 2020
... HESTA to divest did not have the impact they'd hoped for, one Healthy Futures member suggested the group should switch funds. She said the Healthy Futures members who have already left HESTA have mainly joined Future Super. Healthy Futures now finds ...

Super funds snub millions of Aussies

ELIZA BAVIN  |  THURSDAY, 27 FEB 2020
Australia's superannuation funds are the worst offenders when it comes to meeting the needs of the over five million Australians who do not speak English at home, according to new research. A survey conducted by LanguageLoop found that 81% of respondents ...

Chief economist update: Wall Street sneezes

BENJAMIN ONG  |  THURSDAY, 27 FEB 2020
... US-China trade war (back then) and when the Fed "murdered" the bull market by delivering another 25 bps hike in the fed funds rate to 2.25%-2.50% at the conclusion of its 18-19 December FOMC meeting. Some would claim that the deleterious impact of the ...

Climate threat pushes Aussies to sustainability

ALLY SELBY  |  WEDNESDAY, 26 FEB 2020
... be aligned with their personal values," it said. According to Morningstar, 35 new sustainability investment retail mutual funds were launched last year. Cerulli analyst Siau Kean Yung said managers should refrain from "window dressing" to attract and ...