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Showing 7651 - 7660 of 21779 results for "Dec"

Super trustees must do better: Byres

HARRISON WORLEY  |  FRIDAY, 20 SEP 2019
APRA will soon need to have some difficult conversations with poorly performing superannuation funds, according to chair Wayne Byres. Speaking at a Gilbert + Tobin event in Sydney this week, Byres said the ability of the prudential regulator to hold ...

Intrust Super revamps robo-advice

KRISTI CHENG  |  FRIDAY, 20 SEP 2019
Intrust Super has relaunched its robo-advice offering, increasing the solution's speed while decreasing the user input requirements. Called Super Blueprint, the superannuation fund has upgraded the offering to simplify the digital advice experience ...

Federal Court delivers APRA, IOOF verdict

JAMIE WILLIAMSON  |  FRIDAY, 20 SEP 2019
The Federal Court of Australia has found IOOF did not contravene the Superannuation Industry Supervision Act in the case brought against its APRA-regulated entities by the prudential regulator. The Federal Court has held that IOOF's Investment Management ...

Chief economist update: This is a job for the RBA (and the Treasury)

BENJAMIN ONG  |  FRIDAY, 20 SEP 2019
Sub-one percent official cash rate here we come! The Australian dollar's near half a cent drop to US$67.84 on the day immediately following the US Federal Reserve's announced a 25 bp cut in the fed funds rate underscores financial markets' ...

IFM Investors boss to retire

KANIKA SOOD  |  THURSDAY, 19 SEP 2019
Brett Himbury, the chief executive of the $148 billion industry-super-owned fund manager, is retiring after a decade in the role in a surprise announcement made this morning. Himbury will retire from executive roles effective December 2020. IFM Investors ...

Neuberger Berman launches new fund

KRISTI CHENG  |  THURSDAY, 19 SEP 2019
Neuberger Berman has launched an actively managed, income fund in Australia. The global asset manager has launched the Neuberger Berman Strategic Income Fund in Australia, which is designed to offer investors access to a "diversified mix of fixed income ...

Integrity Life launches lifetime discount offer

ELIZA BAVIN  |  THURSDAY, 19 SEP 2019
Integrity Life has launched an 8% discount for the lifetime of a policy across its lump sum products, designed to ensure sustainable pricing for its life insurance products. The insurer said the move strongly aligns with the best interests of financial ...

Chief economist update: Future path of fed funds rate

BENJAMIN ONG  |  THURSDAY, 19 SEP 2019
Two down, none to go! There was division at the Fed - one official wanted a 50 bps rate cut; two wanted the target rate maintained - but after all was said and done, they were outvoted by the majority of seven (led by Fed chair Powell) which didn't ...

Australia investor friendly, not consumer friendly: Report

ELIZA BAVIN  |  WEDNESDAY, 18 SEP 2019
Morningstar research has revealed Australia is one of the most investor friendly nations in the world when it comes to fees and expenses. However, consumers may be getting the short end of the stick when it comes to fees and charges. The Global Investor ...

AllianceBernstein wins industry fund mandate

ELIZABETH MCARTHUR  |  WEDNESDAY, 18 SEP 2019
An $11 billion industry fund will become the first super fund to invest in a low-carbon portfolio designed by AllianceBernstein. NGS Super has invested $170 million in AllianceBernstein's Managed Volatility Equities Fund Green strategy, known as ...