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Showing 7971 - 7980 of 22800 results for "Funds"

Spriggy wins 2018 Best Fintech Startup Award: StartCon

MICHELLE BALTAZAR  |  THURSDAY, 20 DEC 2018
... expenditure. The app lets parents set pocket money and jobs, oversee savings goals, track spending and instantly transfer funds or alternatively, lock cards in an emergency. The idea struck a chord with many parents: to date, Spriggy has more than 180,000 ...

Super fund and advice group create alliance

DARREN SNYDER  |  THURSDAY, 20 DEC 2018
... capital city locations across the country." Statewide Super has more than 140,000 members, 22,000 employers and $8 billion in funds under management. Elders Financial Planning has more than 60 financial planners nationwide with more than $1 billion under ...

Chief economist update: Fed fail

BENJAMIN ONG  |  THURSDAY, 20 DEC 2018
... that "a bull market doesn't die of old age, the Fed murders it." As expected, the US Federal Reserve raised the fed funds rate by 25 basis points to 2.25%-2.5% at the conclusion of its 18-19 December FOMC meeting. This is due to its optimism over ...

Financial Standard unwrapped: Our top stories in 2018

HARRISON WORLEY  |  WEDNESDAY, 19 DEC 2018
... unit to UK firm Resolution Life. Looking for Royal Commission stories? See our top 10 here. Corporate and industry super funds unite November brought another merger of superannuation funds, when the corporate fund Fairbrother Employee Retirement Fund ...

UBS signs on Morningstar

KANIKA SOOD  |  WEDNESDAY, 19 DEC 2018
... UBS will use Morningstar to provide securities pricing and industry news on its platform that five large superannuation funds use for their direct investment options. In an arrangement signed off six weeks ago, Morningstar replaced Reuters, which had ...

One small step for responsible investment sees one giant leap for Man Group

DARREN SNYDER  |  WEDNESDAY, 19 DEC 2018
Global active manager Man Group can now quantify the degree of responsible investment focus across its entire suite of funds. It adds clarity for institutional investors demanding greater ESG transparency. The $158 billion (US$114bn) investment manager's ...

Former adviser charged over super theft

JAMIE WILLIAMSON  |  WEDNESDAY, 19 DEC 2018
... charges relating to dishonest conduct while he was director of Wealth Achievers. It is alleged McSweeny transferred client funds - mostly retirement savings - into bank accounts held in the name of two other businesses he was sole director of, Constantia ...

Grandfathered commissions: Where to from here?

JAMIE WILLIAMSON  |  WEDNESDAY, 19 DEC 2018
... Commissioner Hayne's final report which is due February 2019. The Australian Banking Association and many superannuation funds are already calling for a ban, and three of the four big banks have already vowed to phase them out. ABA chief executive ...

ASIC permanently bans former Apogee adviser

KARREN VERGARA  |  TUESDAY, 18 DEC 2018
... ASIC's investigation of Ahmed Saad found he engaged in dishonest conduct on 164 separate occasions by illegally obtaining funds between $1000 and $28,000 from client superannuation accounts. This amounted to $1.4 million taken from Nulis Nominees (the ...

Industry fund awards $180m fixed income mandate

HARRISON WORLEY  |  TUESDAY, 18 DEC 2018
... to invest in the US fund manager's absolute return fixed income offering. According to Charles Levinge from Grant Samuel Funds Management - Payden's representative in the Australian market - Energy Super's investment in PGIOF will sit in the fund's defensive ...