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Showing 7941 - 7950 of 22800 results for "Funds"

Platform fee disclosures overlooked: ISA

KARREN VERGARA  |  THURSDAY, 10 JAN 2019
... this measure would allow consumers to more easily compare the appropriateness of different products, such as superannuation funds, platforms, and other managed investment schemes." It was a glaring omission that the Australian Institute of Superannuation ...

Regulators in Productivity Commission firing line

HARRISON WORLEY  |  THURSDAY, 10 JAN 2019
... members. The Commission said too often debates in the industry went without member representation, with the voices of super funds usually dominating. The ultimate role of regulators is to protect member interests, it said. The Commission set aside an ...

Specialist SMSF advisers need only apply

JAMIE WILLIAMSON  |  THURSDAY, 10 JAN 2019
... follow its establishment. While the SMSF segment has delivered broadly comparable investment performance to APRA-regulated funds, many smaller SMSFs - those with balances under $500,000 - have achieved materially lower average returns in comparison to ...

Productivity Commission shakes up default superannuation

KARREN VERGARA  |  THURSDAY, 10 JAN 2019
... competition. Members should be able to choose their own super product from a best-in-show shortlist of "exemplary" default funds, the Productivity Commission argued. In an effort to curb members defaulting into a new super fund every time they change ...

ASFA, ISA, FSC weigh in on the final report

KARREN VERGARA  |  THURSDAY, 10 JAN 2019
... potential unintended consequences. FSC chief executive Sally Loane said the list could create a "monolithic concentration of funds, stifle competition and create huge barriers for innovative new products." "However, we strongly support raising the bar ...

Fed steady with a slight chance of a rate cut

BENJAMIN ONG  |  THURSDAY, 10 JAN 2019
... meeting. First things first. The minutes explained the rationale behind the Fed's 25 basis point lift - that took the fed funds rate up to 2.25%-2.5% -- at the December powwow: While "...participants generally judged that the economy was evolving about ...

CFS tops up Morgan Stanley mandate

KANIKA SOOD  |  WEDNESDAY, 9 JAN 2019
... options. Morgan Stanley's Total Return Strategy is now managing $134 million for the FirstChoice Employer Super LifeStage funds, as at November end. The mandate was appointed on October 17. CFS says it made the change to manage the fixed interest ...

Simpler fee disclosure on ASIC agenda

KARREN VERGARA  |  WEDNESDAY, 9 JAN 2019
Under new proposed changes by the corporate regulator, consumers will be able to compare superannuation funds and investment products more easily. ASIC released its response to Report 581, an independent review conducted by regulatory expert Darren ...

Joint venture to set new ETF standard

JAMIE WILLIAMSON  |  WEDNESDAY, 9 JAN 2019
... April 2019. One RBC GAM offering will be terminated while the investment objectives and strategies of six RBC GAM index funds will also change. "The changes will streamline and simplify the RBC iShares solution suite, and also result in tangible benefits ...

Advice groups sign on to HUB24

KANIKA SOOD  |  WEDNESDAY, 9 JAN 2019
HUB24 has signed on two national advice businesses, as its total funds under management crossed the $10 billion mark. Brisbane-based licensee AdviceIQ Partners brings 31 registered planners to HUB24's platform. The licensee has added 10 planners ...