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Showing 6761 - 6770 of 22796 results for "Funds"

Advisers choose remediation over advice

ELIZABETH MCARTHUR  |  FRIDAY, 14 FEB 2020
... and financial services sector. Gordon recruits for some of the big four financial institutions, industry superannuation funds and dealer groups. He recently took to LinkedIn to call for financial advisers looking for a role in advice to get in touch ...

Short seller bites the dust

KANIKA SOOD  |  THURSDAY, 13 FEB 2020
... was dealt a blow in a Supreme Court judgment handed down yesterday. Texas-based Bonitas Research previously alleged Rural Funds Group (ASX: RFF) was overstating its net assets and fudging profits with dubious valuations of its assets or fabricating rental ...

HESTA hikes default insurance cover

KANIKA SOOD  |  THURSDAY, 13 FEB 2020
... member is 42 years old. A HESTA spokesperson said changes to insurance pricing were carefully considered. "The way that super funds provide insurance cover to members and when their insurance cover must be cancelled has changed as a result of Federal ...

Industry butt heads over super guarantee

ALLY SELBY  |  THURSDAY, 13 FEB 2020
... Despite this, Steffanoni believes the compulsory nature of the SG system has shifted the attention of Australia's super funds from what is truly important; assisting members with their retirement goals. "Australian superannuation funds [are focused] ...

Global asset manager fills giant impact fund

HARRISON WORLEY  |  THURSDAY, 13 FEB 2020
... doors are officially shut on KKR's USD$1.3 billion global impact fund, with the firm itself tipping in around 10% of the funds invested. KKR has announced the final closing of the KKR Global Impact Fund, which is dedicated to investing in companies with ...

AustralianSuper secures corporate mandate

ELIZA BAVIN  |  THURSDAY, 13 FEB 2020
... current AustralianSuper members would be transitioned into their new Select fund in March 2020. AustralianSuper Select is the funds MySuper authorised product and members are automatically invested in the default Balanced option. The news comes after ...

Industry fund introduces new fee

ELIZA BAVIN  |  WEDNESDAY, 12 FEB 2020
One of the country's largest industry funds has announced a new fee for retirees. First State Super customers will face changes to the Retirement Income Stream (RIS) and Transition to Retirement Income Stream (TRIS) fee structure on 1 April 2020. ...

BT fund to wind up

KANIKA SOOD  |  WEDNESDAY, 12 FEB 2020
... "Balanced Pooled Superannuation Trust (PST) products were a very popular investment vehicle for smaller regulated superannuation funds in the 1990s and early 2000s as they allowed these smaller funds to invest in well-diversified portfolios, with the ...

Perpetual awards mandate

KANIKA SOOD  |  WEDNESDAY, 12 FEB 2020
... in October. However, it changed its focus to income strategies after seeing a greater demand for them from superannuation funds.

Product provider makes big FASEA promise

ELIZABETH MCARTHUR  |  WEDNESDAY, 12 FEB 2020
... technology tools that enable them to provide detailed product comparisons across all asset classes, including superannuation funds and investment options." In a release, Lonsec said Standard 3 of the FASEA code, which states that an adviser is in breach ...