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Showing 6811 - 6820 of 22796 results for "Funds"

SMSF data misleading: BGL

ALLY SELBY  |  FRIDAY, 31 JAN 2020
... BGL has completed its own analysis of SMSF administration costs. "BGL has also done an extensive analysis of the 190,000 + funds on the Simple Fund 360 platform. We have done this calculation exactly the same way ASIC did their calculations," Lesh said. ...

Chief economist update: It's a holiday for the Fed

BENJAMIN ONG  |  FRIDAY, 31 JAN 2020
... unchanged at the conclusion of its January FOMC meeting. "The Committee decided to maintain the target range for the federal funds rate at 1-1/2 to 1-3/4 percent," it said. And that should be enough for the duration of 2020. "The Committee judges that ...

Sargon runs out of steam

KANIKA SOOD, JAMIE WILLIAMSON  |  THURSDAY, 30 JAN 2020
... acquisition would take it to over $53 billion of assets under trusteeship and supervision. Grow Super is one of the new funds that used Diversa Trustees as its trustee. As of April end last year, Sargon had the biggest slice of the new-age superannuation ...

BlackRock appoints new chief operating officer

ELIZABETH MCARTHUR  |  THURSDAY, 30 JAN 2020
... a member of the BlackRock Australia board and executive committee and holds seats on the strategy, product development, funds oversight and risk controls committees. She has been general counsel for the investment manager for six years and was managing ...

BlackRock shuts ASX-listed ETF

KANIKA SOOD  |  THURSDAY, 30 JAN 2020
... iShares MSCI Taiwan ETF (ITW) started trading in Australia in November 2007 and at the end of last year had $5.65 million in funds under management. It was the only dedicated ETF available in Australia to invest in Taiwanese stocks, and survived BlackRock's ...

Industry fund dumps Link

HARRISON WORLEY  |  THURSDAY, 30 JAN 2020
... looking forward to leveraging our deep understanding of managing defined benefit schemes for the significant proportion of funds they have in defined benefit accounts." Walsh also emphasised Mercer's investment in resources and innovations, which ...

AMP cuts super fees

JAMIE WILLIAMSON  |  THURSDAY, 30 JAN 2020
... platform businesses which was announced earlier this month. The changes will see the removal of five of its seven existing funds and one of its trustees. AMP is currently defending a class action brought by Maurice Blackburn that alleges two million ...

Bearish sentiment bites Aussie investors

ALLY SELBY  |  THURSDAY, 30 JAN 2020
... portfolio, which has led to the rising adoption of managed investment products." Choi said both listed and unlisted managed funds were of interest to Aussie investors. "Across the range of managed investments, Australian investors currently allocate ...

ASIC bans former Godfrey Pembroke adviser

HARRISON WORLEY  |  THURSDAY, 30 JAN 2020
... regulator permanently banned fraudulent adviser Nicholas Ellis for making false statements to clients and misappropriating funds. Ellis was sentenced to three years in prison last October, with the regulator moving to permanently remove Ellis from the ...

Last stand for grandfathered commissions falls over

ELIZABETH MCARTHUR  |  THURSDAY, 30 JAN 2020
The Association of Independently Owned Financial Professionals has failed to raise the necessary funds to mount its High Court challenge to retain grandfathered commissions. The AIOFP has confirmed the High Court challenge to fight the banning of grandfathered ...