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| | | ... commissioner for superannuation James O'Halloran said. An average of $14,500 was released per member. The majority of the funds or 71%, O'Halloran said, were used for medical treatment or transportation, which calculated to $74.6 million. O'Halloran ... |
| | | | The listed investment company, with about $5.5 billion in funds under management, condemned Labor's franking credit policy at its annual general meeting. Holding its AGM this morning, Argo Investments said Labor's policy to remove refundable franking ... |
| | | | ... expansion. Liu Shiyu, head of the China Securities Regulatory Commission, said his agency encouraged local government-backed funds to help ease pressures created by share-pledge risks. Guo Shuqing, chairman of the China Banking and Insurance Regulatory ... |
| | | | ... platform to a Victorian dealer group. Fiducian Group was selected by the unnamed group - reported to have about $200 million in funds under advice - following an extensive review of established market players. "Indeed, it was our in-house advanced technological ... |
| | | | ... companies owned by Woodall. The money was then transferred into UK bank accounts. According to court documents, Woodall used the funds to purchase a house and a car, and support his lifestyle. "This was a serious breach of the council's trust from a ... |
| | | | ... the amount of their fee." Hodge is referring to InvestSMART research released last month that found eight in 10 managed funds in Australia failed to hit benchmark returns over a 10-year horizon. The average underperformance was 1.88% while the average ... |
| | | | ... Qualitas Real Estate Income Fund (ASX: QRI) yesterday, Schwartz hopes to give retail investors such as self-managed super funds direct exposure to commercial real estate finance and help fill the gap. QRI is being launched at a time when the demand for ... |
| | | | A boutique under Bennelong Funds Management's UK business BennBridge has launched a new fund that will invest in UK small caps. Tellworth Investments LLP is starting the new fund LF Tellworth UK Smaller Companies Fund, which will hold 40-60 stocks. ... |
| | | | Self-managed super funds continue to have the lowest fees across all superannuation vehicles, charging an average total expense ratio of 0.82%, latest Rainmaker Research shows. The 2018 Rainmaker Fee Study, which analysed more than 2500 fee options ... |
| | | | ... sustainable investing to be important. BT said the ESG exclusions had been applied across the majority of its internally managed funds - including its $21 billion asset rich MySuper funds from October 1. The remaining funds will get the same treatment ... |
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