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Showing 7471 - 7480 of 22800 results for "Funds"

TCorp chair steps down

ELIZABETH MCARTHUR  |  WEDNESDAY, 26 JUN 2019
... an important shift to the governance of TCorp." "During his time as chair, Phil has led the board with distinction. Our funds under management have grown from $66 billion in 2016 to $105 billion today, our organisation continues to flourish and undergo ...

Australian Ethical chief executive to depart

ELIZABETH MCARTHUR  |  WEDNESDAY, 26 JUN 2019
... organisation through unparalleled growth and success over the past decade." During Vernon's tenure Australian Ethical increased funds under management from about $600 million to $3.13 billion across super and managed funds. In addition to its ethically ...

Vanguard lowers fees

ELIZABETH MCARTHUR  |  TUESDAY, 25 JUN 2019
Vanguard announced it will lower fees on a number of its most popular funds and ETFs from the start of July. The fee reductions include the Vanguard Australian Shares Index Fund, which is one of Vanguard's largest funds with more than $15 billion ...

APRA tighten reins on super fund acquisitions

KARREN VERGARA  |  TUESDAY, 25 JUN 2019
... prudential regulator is imposing tougher measures for interested buyers' ability to acquire stakes in superannuation funds. From 5 July, any party seeking to acquire a stake greater than 15% in an RSE must ask APRA for approval. APRA said the proposed ...

Industry funds could solve energy crisis: ISA

HARRISON WORLEY  |  TUESDAY, 25 JUN 2019
Industry superannuation funds believe they hold the key to unlocking Australia's energy crisis. Peak industry superannuation body Industry Super Australia today released a new discussion paper calling for industry funds to take a leading hand in ...

FSC adds to board

ELIZABETH MCARTHUR  |  MONDAY, 24 JUN 2019
... manager and extensive product knowledge in co-investment and unlisted equity transactions, asset management and managed funds means she is well placed to fulfil the role. Vincent has worked in financial services for 25 years. Prior to her time at BTFG ...

PDS should reflect PYSP changes: ASIC

KARREN VERGARA  |  MONDAY, 24 JUN 2019
ASIC is reminding superannuation funds to update product disclosure statements to disclose exit fees will no longer be charged under the 1 July 2019 changes. ASIC has amended Class Order 14/1252 to align with the Treasury Laws Amendment (Protecting ...

Beware tech firms in financial services

ELIZABETH MCARTHUR  |  MONDAY, 24 JUN 2019
... Alipay and Tencent), Baidu, Line (including Rakuten) and NTT Docomo all offer not only payment systems but money market funds, insurance and credit. Using big data in establishing financial services platforms, big tech might actually be well placed to ...

Future Super to offer investment app

HARRISON WORLEY  |  FRIDAY, 21 JUN 2019
... said. The fund will invest across loans and debt securities, listed and unlisted equities and cash. One Managed Investment Funds is the responsible entity of the fund, and Future Super Services has been appointed as fund manager. According to the PDS ...

Associations raise member outcomes concern

KARREN VERGARA  |  FRIDAY, 21 JUN 2019
... "the most important contributor to optimising retirement." As for the proposed business performance review, which requires funds to compare outcomes against objective benchmarks, the AIST doubts that meaningful benchmarking can be performed due to differences ...