Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 7641 - 7650 of 22800 results for "Funds"

Aussie instos among most responsible investors

HARRISON WORLEY  |  WEDNESDAY, 24 APR 2019
... investors are among the world's most responsible asset allocators, according to a new report. AustralianSuper and Victoria Funds Management Corporation were recognised for their commitment to responsible long-term investing, ranking in the top 25 of ...

Chief economist update: The Fed pause that refreshes

BENJAMIN ONG  |  WEDNESDAY, 24 APR 2019
... meeting also contained a caveat: "Several participants noted that their views of the appropriate target range for the federal funds rate could shift in either direction based on incoming data and other developments." "Some participants indicated that ...

Former NAB adviser charged

JAMIE WILLIAMSON  |  TUESDAY, 23 APR 2019
... ASIC found he had created false bank accounts in the names of clients; falsified documents to open said accounts; withdrew funds from client accounts into the fake accounts; and impersonated clients to obtain access to funds in the fake accounts. ASIC ...

Superannuation mergers strike oligopoly fears

KARREN VERGARA  |  TUESDAY, 23 APR 2019
... is being fuelled by the regulators' new powers and increased funding, specifically aimed at forcing underperforming funds to merge or shut down. Of the $400 million ASIC received in the 2019-20 Budget, $69.9 million was allocated to increase its ...

Insurance expert joins $33bn super fund

KARREN VERGARA  |  TUESDAY, 23 APR 2019
... risk insurance, general insurance and group income protection. According to Rainmaker analysis using APRA data, industry funds experienced the largest net inflows in 2018. AustralianSuper ($9bn) enjoyed the largest inflows, followed by Sunsuper ($6.7bn) ...

Former super fund investment lead joins consultancy

ELIZABETH MCARTHUR  |  TUESDAY, 23 APR 2019
... Parlevliet will focus on enhancing the firm's services for major institutional investors in Australia, including super funds. He has over 28 years of experience in the super industry, previously as chief investment officer at Commonwealth Bank Group ...

Colonial First State makes major fee cuts

KANIKA SOOD  |  THURSDAY, 18 APR 2019
... the members in the choice, CFS said. It translates to a $90 each year saving for a member with $200,000. Three new index funds CFS has also added three index options to FirstChoice Wholesale and Wrap Plus. The conservative, diversified and growth options ...

ASIC targets misleading member communication

KARREN VERGARA  |  WEDNESDAY, 17 APR 2019
ASIC warned it may take action on superannuation funds that send misleading communication to members about inappropriate fees and insurance premiums. The warning comes in light of the Protecting Your Super package (PYSP) reforms, which are due to take ...

Superannuation gender gap hits women early

KARREN VERGARA  |  WEDNESDAY, 17 APR 2019
... accumulation. This would help women, at least to some extent, become more on par with men as they access their retirement funds."

Industry funds eye SMSF market stronghold

KARREN VERGARA  |  TUESDAY, 16 APR 2019
Industry funds will shortly take the lead from SMSFs as the sector with the largest assets under management, new KPMG research predicts. KPMG's annual Super Insights report suggests by 2029, industry funds will have more than $2 trillion in assets and ...