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Showing 7281 - 7290 of 22800 results for "Funds"

Beware adviser conflicts of interest: Lonsec

ELIZABETH MCARTHUR  |  WEDNESDAY, 28 AUG 2019
... yourself before the regulator and ask yourself if you have a clear justification for placing the majority of your clients' funds in your own managed account products," Nejasmic said. "If you're unsure of the answer, then you're likely not ...

ATO to crack down on SG non-payment

KRISTI CHENG  |  TUESDAY, 27 AUG 2019
... reporting of SG payments to employees is now routine. Until this year, we only received an annual report from APRA-regulated funds." All APRA-regulated funds are now required to be reporting member account details and contributions to the ATO within ...

ASIC approves name and shame rules

KARREN VERGARA  |  TUESDAY, 27 AUG 2019
... given the Australian Financial Complaints Authority the green light to name financial services companies and superannuation funds in its determinations. In deciding to disclose names, ASIC said this will help identify conduct or market problems within ...

Climate policy more than divesting: UniSuper

HARRISON WORLEY  |  TUESDAY, 27 AUG 2019
Discussing the impact of climate change on super funds at the FSC Summit this morning, UniSuper chief investment officer John Pearce has said simply divesting certain holdings is not an effective strategy. Appearing on a panel discussing the investment ...

IOOF advice remediation hits $235m

KARREN VERGARA  |  MONDAY, 26 AUG 2019
... NPAT of $28.6 million was down 67.7% year on year, which includes the provision for financial advice remediation. Total funds under management, administration and advice (FUMA) stood at $149.5 billion, up 18.7% year on year. The group declared a final ...

Boutique launches new fund

KARREN VERGARA  |  MONDAY, 26 AUG 2019
... allocates to cash, fixed income-type securities, and trusts investing in direct property or mortgages and other managed funds of about 20 to 50 securities. It does not invest in equities. The fund charges management fees of 0.85% per annum and pays monthly ...

Perpetual in acquisition mode

KANIKA SOOD  |  FRIDAY, 23 AUG 2019
... almost half of the company's operating profits, reported a 29% slump in its profits to $32.6 million as its value-style funds were hit hard by the markets and institutional investors retreated. "[We have] a very large appetite and are very keen to ...

Aussie equities manager expands team

KRISTI CHENG  |  FRIDAY, 23 AUG 2019
... complex time for investment markets it has been pleasing to see solid interest in our high conviction, contrarian approach to funds management," said managing director Michael Goldberg. He pointed to Collins Street's focus on capital preservation has ...

Chief economist update: Jerome is in the Hole

BENJAMIN ONG  |  FRIDAY, 23 AUG 2019
... Jerome would be careful not to disappoint financial markets that are expecting another 25 bps cut that will take the fed funds rate down to 1.75%-2.0% at the September FOMC meeting - 93.5% probability according to CME Group's "FedWatch Tool". Two ...

Midwinter acquired by Bravura

JAMIE WILLIAMSON  |  FRIDAY, 23 AUG 2019
... Midwinter's AdviceOS solution - which powers back office administration for advisers and digital advice portals for superannuation funds in Australia - being a natural extension of Bravura's existing software solutions. The deal also opens an ...