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Showing 7861 - 7870 of 22800 results for "Funds"

Conflicts of interest recommendation falls short

KARREN VERGARA  |  MONDAY, 4 FEB 2019
... addressing conflicts of interest. Industry Super Australia said the structure of the industry and other profit-to-member super funds has avoided such conflicts resulting in "scarce evidence of misconduct or conduct falling below community expectations." ...

Hayne targets superannuation employer connections

KARREN VERGARA  |  MONDAY, 4 FEB 2019
... curb the proliferation of unnecessary default accounts, he said. Hayne wants more stringent provisions around the fact that funds compete to be nominated as default funds. Some large funds spend significant amounts to maintain or establish good relationships ...

OPINION: Post RC, where to now for retail super?

ALEX DUNNIN  |  MONDAY, 4 FEB 2019
... answer: the status quo. Retail superannuation may not be going backwards, but it's losing the growth war to not-for-profit funds so badly that it may as well be. And before it thinks SMSFs are its escape route, that sector is fast losing its premier ...

SMSF investments reach far and wide

HARRISON WORLEY  |  MONDAY, 4 FEB 2019
Seeking diversification, self-managed superannuation funds are pushing more retirement funds into assets such as marina berths and indigenous artworks. Latest research from SuperConcepts reveals the big ticket items held within SMSFs. Gold and silver ...

Former adviser steals $5m from clients

JAMIE WILLIAMSON  |  MONDAY, 4 FEB 2019
... former financial adviser is facing a lengthy jail term after pleading guilty to the theft of close to $5 million in client funds. Former Adelaide financial adviser James Gibbs appeared before the Adelaide Magistrates Court last Friday charged with 28 ...

Outflows dent IOOF advice, funds businesses

KARREN VERGARA  |  MONDAY, 4 FEB 2019
IOOF recorded net outflows of $481 million in its financial advice and funds management businesses during the final quarter of 2018. The advice business suffered $295 million of net outflows despite completing the transition of 661 former ANZ-aligned ...

Asia Funds Passport takes flight

HARRISON WORLEY  |  MONDAY, 4 FEB 2019
The Financial Services Council is calling for an overhaul of the tax system to secure the future of the Asia Region Funds Passport, which began operation on Friday. The Asia Region Funds Passport (ARFP) allows certain Australian managed funds to be ...

QIC appoints managing director

KANIKA SOOD  |  MONDAY, 4 FEB 2019
... Frawley. O'Brien will lead a team of more than 500 people managing 50 assets (or about one quarter of QIC's $85 billion in funds under management) globally. He will also serve on the QIC executive committee. "I am delighted to join QIC and assume responsibility ...

Clients win in Simple Fund update

HARRISON WORLEY  |  FRIDAY, 1 FEB 2019
... their most requested feature. BGL updated its Simple Fund 360 software with an automated fund transfer feature, allowing funds to be transferred between the software's clients. BGL said that its update would save manual processing of fund transfers. ...

Yarra Capital adds to investment team

KANIKA SOOD  |  FRIDAY, 1 FEB 2019
The boutique has hired an AustralianSuper analyst after it took over the management of UBS's Australian equities funds last year. Olivia Dalton started at Yarra Capital Management two weeks ago. She will cover industrial stocks, working alongside ...