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Showing 781 - 790 of 4007 results for "Accounts"

AustralianSuper breaks into world's top 20 pension funds

CASSANDRA BALDINI  |  TUESDAY, 6 SEP 2022
... performance is enough to take five-year cumulative growth to 50.2% in the period between 2016-2021," it said. The US now accounts for 39.6% of the top 300 pension fund AUM and has almost half the funds in the ranking, with 148. Following that the countries ...

Four MySuper products fail for second time: APRA

JAMIE WILLIAMSON  |  WEDNESDAY, 31 AUG 2022
... almost 96% of MySuper superannuation members are now in a performing MySuper product, equating to 13.1 million member accounts," APRA member Margaret Cole said. "Equally positive is that the performance test has contributed to over 5.1 million MySuper ...

MobiSuper, licensee to pay $250k penalty

JAMIE WILLIAMSON  |  MONDAY, 29 AUG 2022
... MobiSuper made misleading claims about being able to save fees by opening a MobiSuper account and having other existing super accounts rolled into it, and also failed to provide any Statements of Advice as required by law. This judgment follows a previous ...

Nuveen appoints head of debt

CHLOE WALKER  |  FRIDAY, 26 AUG 2022
... million. He will also be focused on investing client capital in Australia and New Zealand for both pooled funds and separate accounts, as well as overseeing the deployment of Nuveen parent company TIAA's debt allocations into Australia. Commenting on ...

ASIC highlights strategic priorities

CASSANDRA BALDINI  |  TUESDAY, 23 AUG 2022
... a focus on superannuation products, managed investments, and financial advice. The report said around 11.7% of member accounts with superannuation funds currently belong to members aged 65 and over. "As Australia's population ages, this proportion has ...

Calls to pay super on parental leave grow

JAMIE WILLIAMSON  |  MONDAY, 22 AUG 2022
... weeks spent on parental leave per child, and that each child is born two years apart, beginning aged 29. The modelling accounts for an average HESTA member per industry, assumed current balance, recent SG activity and other contribution activity, and ...

Clime, Marcus Today form strategic alliance

JAMIE WILLIAMSON  |  FRIDAY, 19 AUG 2022
... Investment Management has entered a strategic alliance with Marcus Today to manage the latter's $70 million managed accounts portfolio. Under the deal, Clime will manage Marcus Today's managed accounts portfolios under the Ralton Asset Management ...

Unlicensed forex trader extradited from Poland

CHLOE WALKER  |  FRIDAY, 19 AUG 2022
... cases, the funds provided to the director of DanFX Trade by investors had come from investors' self-managed superannuation accounts, ASIC has alleged. Amid ongoing civil proceedings commenced by ASIC against him and during an ongoing ASIC investigation ...

MLC Asset Management grows managed accounts offering

CASSANDRA BALDINI  |  THURSDAY, 18 AUG 2022
... standards, while also more simply and transparently conveying the nature of their expected risk." Additionally, MLC managed accounts have reached $500 million in under two years. Komadina commented that it's a testament to an expert team. "We have a ...

Aussies pay the price for early release of super: ASFA

JAMIE WILLIAMSON  |  THURSDAY, 11 AUG 2022
... government's COVID-19 early release of superannuation (ERS) scheme saw the closure or near emptying of almost one million member accounts, largely held by women, single parents and the unemployed. A new analysis by the Association of Superannuation ...