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Showing 7961 - 7970 of 22800 results for "Funds"

ASIC and Westpac court battle sees mixed outcome

DARREN SNYDER  |  FRIDAY, 4 JAN 2019
... Act. Judge Jacqueline Gleeson said ASIC failed to demonstrate that Westpac Securities Administration Limited (WSAL) and BT Funds Management (BTFM) provided personal financial product advice to 15 customers over the consolidation of superannuation accounts. ...

AustralianSuper members exposed to security breach

KARREN VERGARA  |  TUESDAY, 1 JAN 2019
... or criminal attack, and about a third (37%) resulted from human error. A recent report from Deloitte highlights why super funds are particularly vulnerable to cyber criminals. Large account balances, low member engagement and low cyber maturity makes ...

Member outreach boosts post-merger integration

KARREN VERGARA  |  TUESDAY, 1 JAN 2019
... employees, processes and systems on the back of mergers and acquisitions can be challenging for organisations. For super funds, mergers create an added layer of complexity because members must also be aligned culturally and their trust has to be earned. ...

Where UniSuper sees market opportunities

KANIKA SOOD  |  MONDAY, 31 DEC 2018
... agreement. Pearce said the super fund doesn't feel a need to go into direct lending. As where banks have pulled out, debt funds have filled the gap, he said. "We have typically done all our exposures to fixed interest and debt via funds. At this ...

ACCC close to approving tobacco-free certification

KARREN VERGARA  |  MONDAY, 31 DEC 2018
... committed to divesting tobacco holdings within two years. ACCC deputy chair Mick Keogh said many investors want to invest in funds that are tobacco free and the mark will help them to make informed investment decisions. "Our initial assessment is that ...

Super funds edge towards a flat 2018

DARREN SNYDER  |  THURSDAY, 27 DEC 2018
The final quarter of calendar year 2018 started in horrible fashion for Australia's superannuation funds as about $22 billion was wiped from MySuper returns since January. However, some funds were able to manage the downside well. Recording this ...

Super funds wield bank remuneration stick

DARREN SNYDER  |  FRIDAY, 21 DEC 2018
The first strikes against executive remuneration at ANZ, NAB and Westpac recently show Australia's superannuation funds are cutting through when it comes to shareholder voting prowess. NAB recorded the highest ever vote (88%) against a remuneration ...

Sahota's fund makes first close

KANIKA SOOD  |  FRIDAY, 21 DEC 2018
Bob Sahota's private debt fund has made its first close, attracting an investor base of superannuation funds, family offices and other sophisticated investors. The Revolution Private Debt Fund I announced a first close on Wednesday. A second close is ...

CFS study finds managed accounts improve advice

KANIKA SOOD  |  FRIDAY, 21 DEC 2018
... 70% said they had benefitted from improved risk control of client portfolios. CFS currently has more than $7 billion in funds under administration in its managed accounts solutions across its platform business. The research for the new whitepaper Managed ...

Frontier Advisors builds investment team

KANIKA SOOD  |  FRIDAY, 21 DEC 2018
... team are three associates. Paul Chua joins from NAB's performance and risk analytics team where he worked with industry funds. He has a CFA, has worked as a senior fund accountant and speaks Malay and Mandarin. Prior to NAB, he was a an analyst with ...