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Showing 7821 - 7830 of 21779 results for "Dec"

New Zealand retirement system under review

HARRISON WORLEY  |  MONDAY, 22 JUL 2019
New Zealand's retirement income system is under review, determined to measure the impact of shifting labour forces and declining home ownership. Submissions are open for the Commission for Financial Capability's (CFFC) three-yearly review of ...

New investment role at industry fund

ELIZABETH MCARTHUR  |  MONDAY, 22 JUL 2019
A $50.6 billion industry superannuation fund created a new head of investment execution role. HESTA announced Gerard Brown will become head of investment execution, reporting directly to senior leadership at the fund. The role will involve overseeing ...

YouTube fundie called out by FCA

ELIZABETH MCARTHUR  |  FRIDAY, 19 JUL 2019
The UK's Financial Conduct Authority has criticised Neil Woodford who famously issued a tearful YouTube apology to investors whose money was frozen in one of his funds. Woodford Investment Management suspended trading in its Woodford Equity Income Fund ...

CommSec fixes faulty statements

KANIKA SOOD  |  FRIDAY, 19 JUL 2019
CommSec has identified issues in statements it sent to customers holding exchange traded options through its platform and is fixing them. CommSec made the first batch of changes to ETO statements in October last year and has a pipeline of future work ...

Corporate fund updates members on fee changes

KARREN VERGARA  |  FRIDAY, 19 JUL 2019
A $12 billion corporate super fund has achieved lower investment and transaction fees for its members for the 2019 financial year. Commonwealth Bank Group Super's investment-related fee and cost estimates, which generally change each year, were ...

Tasplan recruits new chief investment officer

JAMIE WILLIAMSON  |  THURSDAY, 18 JUL 2019
The $9 billion superannuation fund has named a former Mercer executive as its new chief investment officer. Tasplan is welcoming David Stuart to the lead investment role. He was most recently chief strategist for Mercer in the Pacific region, a role ...

Adviser association rebrands, grows membership

KARREN VERGARA  |  THURSDAY, 18 JUL 2019
The United Financial Advisers Association has re-emerged to grow its membership to 2500 advocating for several reforms in the advice sector. Formerly known as the Life Insurance Customer Group, UFAA recently rebranded and decided to cease lobbying for ...

Industry fund appoints chair

KARREN VERGARA  |  THURSDAY, 18 JUL 2019
A $2.7 billion industry superannuation has welcomed a new chair, as well as a deputy chair. Janet Torney has been appointed chair of Club Plus Super, while Steve Whan is the new deputy chair. Torney takes over from Tara Moriarty, who stepped down after ...

Industry bodies react to APRA review

KARREN VERGARA  |  THURSDAY, 18 JUL 2019
Several industry associations have responded to APRA's Capability Review as many weighed in on how the recommendations can improve the superannuation sector. The Australian Institute of Superannuation Trustees head of advocacy Ailsa Goodwin said ...

APRA forced to overhaul culture, capabilities

KARREN VERGARA  |  WEDNESDAY, 17 JUL 2019
The prudential regulator has been criticised for its poor culture, leadership and regulation of the superannuation sector following a landmark review that will force it to overhaul its entire structure. The Australian Prudential Regulation Authority ...