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Showing 7531 - 7540 of 22800 results for "Funds"

Ethical funds not ambitious enough: Future Super

ELIZABETH MCARTHUR  |  TUESDAY, 4 JUN 2019
Future Super's new Impact Report has revealed two of the funds three investment options abates more carbon dioxide per investor than if that person were to go vegan and live car-free. Speaking to Financial Standard, Future Super founder and managing ...

Suncorp Super faces action over adviser pay

JAMIE WILLIAMSON  |  TUESDAY, 4 JUN 2019
... Roberts Lawyers and Litigation Capital Management (LCM). The proposed action will be brought on behalf of Suncorp Super Funds' members, alleging Suncorp Super executed agreements to entrench fees or commissions that would otherwise have been unlawful ...

Spitfire acquires adviser platform, names chief

ELIZABETH MCARTHUR, KARREN VERGARA  |  MONDAY, 3 JUN 2019
Spitfire has acquired a financial adviser platform with $2 billion in funds under management. It also appointed its inaugural chief executive and a chief product officer from BT Financial Group. Spitfire completed the acquisition of platform and wrap ...

Prime Super drops admin fees

KARREN VERGARA  |  MONDAY, 3 JUN 2019
... members with low balances. "There has been speculation that the Protecting Your Super reforms will force fees up as super funds are required to transfer large numbers of inactive account balances to the ATO," he said. The fund charges a $1.30 admin fee ...

Fund manager buys into Morphic AM

KARREN VERGARA  |  MONDAY, 3 JUN 2019
... controlling interest in global equities manager Morphic, which will now become an Ellerston subsidiary. Morphic operates three funds: Morphic Global Opportunities Fun and Morphic Ethical Equities Fund (ASX-listed), which are both certified by the Responsible ...

Former Gold Coast adviser banned

HARRISON WORLEY  |  MONDAY, 3 JUN 2019
... surveillance found he failed to act in the best interests of clients, including advising them to set up self-managed super funds with "completely unsuitable" limited recourse loans. According to the corporate regulator, advice reviewed during Renneberg's ...

Chief economist update: US recession in the offing

BENJAMIN ONG  |  MONDAY, 3 JUN 2019
... Fed rate reductions by December this year have increased while the odds of the Fed maintaining the current 2.25%-2.5% Fed funds rate dropped to a mere 4.9% (from 23.1% a week ago) and the probability of two rate cuts to 1.75%-2% have risen to 35.1% (from ...

Shock win leaves investors worse off

HARRISON WORLEY  |  MONDAY, 3 JUN 2019
... since pre-Global Financial Crisis highs. Core holdings for many self-directed investors and self-managed superannuation funds, the big banks made gains including Westpac adding more than 9%. Meanwhile, Mortgage Choice's share price surged 14.5% to ...

Court throws out Aurora fund takeover bid

KANIKA SOOD  |  FRIDAY, 31 MAY 2019
Aurora Funds Management yesterday won court orders against Primary Securities which tried to topple it as the responsible entity for a listed fund in a rogue shareholder meeting on January 15. In January, activist investor Tim Staermose and Primary ...

Consolidation hits super fund administrators

KARREN VERGARA  |  FRIDAY, 31 MAY 2019
... the ATO to sweep inactive superannuation accounts, firstly in October 2019 and then in April 2020. Link flagged that some funds are already moving to transfer inactive member accounts to an eligible rollover fund (ERF) to facilitate early consolidation ...