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Showing 61 - 70 of 30439 results for %22investment%22

Half of super funds to close in coming decade: Mercer

JAMIE WILLIAMSON  |  FRIDAY, 15 MAR 2024
... third-party providers supporting the system are clear, Mercer said, looking at administrators, custodians, insurers, investment managers and asset consultants, and actuaries and auditors. Having already reduced in line with industry consolidation and ...

MFS Investment Management appoints chief investment officer

ANDREW MCKEAN  |  FRIDAY, 15 MAR 2024
MFS Investment Management has named Alison O'Neil as its new chief investment officer, starting from 1 January 2025. O'Neil will oversee MFS's 300-person investment team, including fixed income, quantitative solutions, and global treading ...

Australian Retirement Trust announces new investment strategy and options

ELIZA BAVIN  |  FRIDAY, 15 MAR 2024
Australian Retirement Trust (ART) has announced a range of changes to its investment strategy and options. ART chief of retirement, Kathy Vincent, said the fund engaged its members, advisers and employers to co-design the new investment menu. "When ...

Advisers flock to managed accounts, but are very selective

ELIZA BAVIN  |  FRIDAY, 15 MAR 2024
A new report from State Street and Investment Trends found a record 25% of all new client inflows are placed into managed accounts. The proportion of advisers using them has more than tripled from 18% a decade ago to an equal record high of 56% now. ...

Australian Retirement Trust completes Alcoa merger

JAMIE WILLIAMSON  |  THURSDAY, 14 MAR 2024
... Trust in a way that benefits our more than 2.3 million members. "We believe scaling up the fund will lead to larger investment opportunities, and enhanced products and services." The independent review that led Alcoa to consider its options followed ...

AFCA secures $40m in refunds

ELIZA BAVIN  |  THURSDAY, 14 MAR 2024
... to provide statements in line with the terms. A whopping 93 reports were passed on to the Australian Securities and Investment Commission, 47 were referred to the Australian Prudential Regulation Authority and eight were referred to other agencies such ...

Low-margin clients hurt practice valuations

KARREN VERGARA  |  THURSDAY, 14 MAR 2024
... metric, the return for the investor is aligned with the other shareholders in terms of focus and assessing a return on investment." Ultimately, the analysis found that financial advice is still a profitable industry compared to other professional services ...

FAAA calls on ATO to provide clarity over advice fees

ELIZA BAVIN  |  THURSDAY, 14 MAR 2024
... prevailing view in one area - that a fee for financial advice in connection with initial financial advice on the proposed investment of existing funds, or even the modification/retention of existing investments, is not incurred in gaining or producing ...

Advanced ETP portfolios come at higher cost, complexity

ANDREW MCKEAN  |  THURSDAY, 14 MAR 2024
Investors can opt for a more advanced portfolio of exchange-traded products (ETPs), but this comes with increased fees and complexity. According to Rainmaker Information, constructing a balanced portfolio with intermediate ETPs, which target systemic ...

AMP upgrades North investment platform

ANDREW MCKEAN  |  THURSDAY, 14 MAR 2024
... feature that enables financial advisers to select investments by entering a client's target portfolio weightings. The investment switch functionality is designed to better align with how advisers construct their advice documentation. It's fully integrated ...