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Showing 661 - 670 of 784 results for super kanika sood

Super funds cut exposures to banks

KANIKA SOOD  |  WEDNESDAY, 3 OCT 2018
... stocks, owning about $30 billion worth at an average 22% of their equities portfolios. Together, not-for-profit and retail super funds own about 22% of Australia's banks, Rainmaker estimates. "Australia's super funds owning one fifth of the banks means ...

NZ Super Fund delivers 12.4pct, braces for future

KANIKA SOOD  |  TUESDAY, 2 OCT 2018
The NZ Super Fund delivered 12.43% in FY18, beating its passive reference portfolio benchmark by 2.02% and is now bracing for a changing economic landscape. The $39 billion fund has reaped the rewards of its growth-asset allocations but is now reducing ...

AMP ditches SMSF lending

KANIKA SOOD  |  WEDNESDAY, 26 SEP 2018
... comes as a shock to no one. "AMP's new chairman, David Murray, has been one of the most vocal critics of self-managed super fund property lending," she said. "Banks are focused on reducing risk in their loan books. In a falling property market, it's ...

Super fund appoints from JP Morgan

KANIKA SOOD  |  TUESDAY, 25 SEP 2018
... appointed JP Morgan's vice president of communications to lead its brand and marketing. Melissa Adam is heading to NGS Super after working at JP Morgan as a vice president marketing communications corporate and investment banking. At NGS Super, she ...

ASIC hires from Link Group

KANIKA SOOD  |  TUESDAY, 25 SEP 2018
... declined to provide more details of her role, but confirmed the appointment. Birks has volunteered as a chair of Women in Super's Victorian management committee, according to her LinkedIn profile. She has worked as HOSTPLUS' national marketing programs ...

JCP appoints executive chair

KANIKA SOOD  |  MONDAY, 24 SEP 2018
... in assets from June 2015 to April 2017. Prior to this, he was in a similar role with SAS Trustee Corporation (NSW State Super) until its merger with TCorp in June 2015. He spent 19 years at AMP Capital Investors, including as the chief investment officer ...

Don't use multiple SMSFs to dodge tax: ATO

KANIKA SOOD  |  FRIDAY, 21 SEP 2018
Self-managed super fund trustees are using multiple SMSFs to manipulate tax outcomes, Australian Taxation Office deputy commissioner superannuation James O'Halloran said in his speech to the National SMSF Conference in Melbourne. The ATO believes 13,600 ...

Mainstream loses super fund contract

KANIKA SOOD  |  THURSDAY, 20 SEP 2018
... superannuation fund has terminated its administration contract with Mainstream after it announced plans to merge with a larger super fund in July. Combined Super has filed a termination notice with Mainstream Group Holdings ahead of its intention to ...

FPA appoints former ASFA adviser

KANIKA SOOD  |  THURSDAY, 20 SEP 2018
The Financial Planning Association of Australia has snapped up an Association of Superannuation Funds of Australia senior policy adviser to fill a newly-created role. The FPA has created the role of professional practice manager to focus on the association's ...

Custody contract up for grabs

KANIKA SOOD  |  THURSDAY, 20 SEP 2018
A $32 billion public sector fund manager's custody contract has come up for tender as it reviews the market for the best fit. Funds SA has appointed Mercer Sentinel to advise on the tender process. The manager has invited seven custodians to submit ...