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Showing 6991 - 7000 of 22796 results for "Funds"

Industry fund partners with global asset manager

HARRISON WORLEY  |  TUESDAY, 26 NOV 2019
... with giant Queensland public sector super fund QSuper. Late last week, QSuper chief executive Michael Pennisi revealed the funds weren't committed to a merger, with other options still on the cards.

BetaShares to list new diversified ETFs

ELIZA BAVIN  |  TUESDAY, 26 NOV 2019
... growth assets while the other two provide allocation to defensive assets. "The flexibility and potential uses for these funds is exceptionally broad. For example, we have many enquiries from younger investors who don't know where to start, parents who ...

ASIC launches investigation into Westpac

ELIZABETH MCARTHUR  |  TUESDAY, 26 NOV 2019
... Australia through correspondent banking relationships. It also alleges the bank failed to report over 19.5 million International Funds Transfer Instructions to AUSTRAC over a five year period. The regulator said these transactions represent over 72% ...

Local Government Super welcomes new chief

JAMIE WILLIAMSON  |  MONDAY, 25 NOV 2019
... on member outcomes and leadership in sustainability are important to me. In a time of great change for all superannuation funds there is increasing focus on improving member investment outcomes, value and service," he said. "I look forward to working ...

APRA floats insurance in super change

HARRISON WORLEY  |  MONDAY, 25 NOV 2019
... Commissioner Kenneth Hayne. The proposals were outlined in a letter to industry stakeholders today, and include requiring super funds to independently certify that insurance arrangements are in the best interests of beneficiaries - implementing recommendation ...

Consultation opens for retirement income review

HARRISON WORLEY  |  MONDAY, 25 NOV 2019
... cohesiveness. Commenting on the opening of the consultation period, chief executive of the Association of Superannuation Funds of Australia Martin Fahy welcomed the "important opportunity" it presented to improve retirement outcomes. "Australia's superannuation ...

AMP transfers 25% of accounts to ATO

ELIZA BAVIN  |  MONDAY, 25 NOV 2019
... transfer them to the ATO." The House of Representatives Standing Committee on Economics has been grilling superannuation funds over the practice of transferring "zombie accounts" to rollover fund AUSfund. "Personally, I believe in the spirit of the law ...

Chief economist update: US consumer power

BENJAMIN ONG  |  MONDAY, 25 NOV 2019
... scrolled through the CME Group's FedWatch Tool and found that the probabilities of the US central bank maintaining the fed funds rate at the 1.50%-1.75% are all higher than a rate cut starting from its December 2019 FOMC meeting right through its ...

Global group adds to local leadership

JAMIE WILLIAMSON  |  FRIDAY, 22 NOV 2019
... investment management business as well as bringing Munich Re's reinsurance capabilities to insurers and superannuation funds. Francois was most recently director of sales, asset management at DWS, having departed last month. He adds more than 25 ...

Boutique portfolio manager to retire

KANIKA SOOD  |  FRIDAY, 22 NOV 2019
... manager, as its founder and chief investment officer announces his retirement plans. Frank Villante will retire from Celeste Funds Management in November 2021. As a result, Celeste is promoting senior analyst Martin Byers, who joined the firm two years ...