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Showing 8361 - 8370 of 22801 results for "Funds"

Former advice specialist hired as Zenith analyst

KANIKA SOOD  |  THURSDAY, 9 AUG 2018
... Zenith's research team now has 14 members -- up by four since August last year. The research team rates 701 flagship funds as approved, recommended or highly recommended. It screens out of 900 funds (not rated). It has expanded its coverage universe ...

ASIC issues permanent ban for theft

JAMIE WILLIAMSON  |  THURSDAY, 9 AUG 2018
... of Yarrawonga, Victoria, was struck off by ASIC after an investigation found he had misappropriated $3,133.36 in client funds. In February 2016, Jarman pleaded guilty in Cobram Magistrates Court to seven counts of theft. The thefts occurred between 2012 ...

MLC MySuper investment budget was tight-fisted: Royal Commission

KANIKA SOOD  |  WEDNESDAY, 8 AUG 2018
... team to invest in unlisted growth assets, which during the low-interest environment were driving up gains for other super funds. However, had the trustee pushed for an increase in the investment budget, it would have tightened the belt on the profit ...

CBA readies wealth demerger, records $9.2bn cash profit

DARREN SNYDER  |  WEDNESDAY, 8 AUG 2018
... billion. As at June 30, CFSGAM managed about $213 billion in assets; meanwhile CFS super and investments had $138 billion in funds under advice, not including the $10 billion in Commonwealth Bank Group Super. CBA expects to complete its sale of CommInsure ...

Are SMSF investors too conservative?

DARREN SNYDER  |  WEDNESDAY, 8 AUG 2018
The view that self-managed superannuation funds with less than $1 million in assets are likely to underperform APRA-regulated funds says more about SMSF asset allocation then it does for where individual members fit inside Australia's $2.6 trillion ...

IOOF continues organic growth trajectory

JAMIE WILLIAMSON  |  TUESDAY, 7 AUG 2018
... key comparator product or fund that we'll use to compare against other providers in the industry, whether they be industry funds or otherwise," Kelaher said. IOOF's trustee services division recorded $9 million in profit; this was up 34% year on year. ...

Farmers should urgently access super: Advisers

KARREN VERGARA  |  TUESDAY, 7 AUG 2018
... welcome Prime Minister Malcom Turnbull's amendment to the Farm Household Allowance (FHA), they said farmers need access to funds quicker as most areas are "suffering the worst drought in living memory." The FHA pays a similar rate to the Newstart ...

NULIS names new chair

KARREN VERGARA  |  TUESDAY, 7 AUG 2018
... board since October 2009. She's also served on the board PFS Nominees and MLC Nominees prior to the consolidation of the funds in 2016. Her directorship history included Goldman Sachs Australia Managed Funds, Westpac and Teachers Federation Health. Promnitz ...

NAB looked to keep plan service fees, Royal Commission hears

HARRISON WORLEY  |  TUESDAY, 7 AUG 2018
... Carter said. According to Hodge the fundamental question being contemplated was whether NAB had to refund the entirety of the funds. "Did you ever say to any of the people below you - who were reporting to you - 'this is the wrong way to think about ...

Glennon Capital hires marketing director

KANIKA SOOD  |  TUESDAY, 7 AUG 2018
Glennon Capital has appointed a marketing director as it continues to build its executive team to support its swelling funds under management. Brooke Logan will be responsible for all the $110 million boutique's strategic and operational marketing ...