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Showing 8371 - 8380 of 22801 results for "Funds"

Equity Trustees responds to GAM suspension

JAMIE WILLIAMSON  |  TUESDAY, 7 AUG 2018
Equity Trustees halted applications into and redemptions from two GAM Investments funds following the suspension of the global manager's fixed income investment director. In a letter to unitholders, Equity Trustees - as responsible entity for the ...

Lose grandfathered commissions, lose business: MLC

KARREN VERGARA AND JAMIE WILLIAMSON  |  MONDAY, 6 AUG 2018
... stick with grandfathered arrangements was in the best interest of members following a large consolidation of superannuation funds that provided an opportunity to remove them. In July 2016, NAB merged five of its superannuation funds into one to create ...

Royal Commission revisits fees for no service

KARREN VERGARA  |  MONDAY, 6 AUG 2018
Superannuation funds are coming clean about charging members advice fees in return for no services well before the financial services Royal Commission kicks into its latest round of public hearings. In the Royal Commission's fifth round, which kicked ...

One measure not enough to revoke MySuper: APRA

HARRISON WORLEY  |  MONDAY, 6 AUG 2018
... said it wanted to see licensees consider and document how the use of related parties was in the best interests of super funds members. Additionally, APRA addressed the use of independent experts to support decision making at the board level. While the ...

Rethink property investment: Poll

HARRISON WORLEY  |  MONDAY, 6 AUG 2018
... investments, while the remaining 4% were unsure of how to tackle its challenging conditions. The result comes as self-managed super funds show a strong demand for off-the-plan properties, but often overlook the risks associated. Property researcher RiskWise ...

Productivity Commission proposes more changes to financial advice

KARREN VERGARA  |  MONDAY, 6 AUG 2018
... puzzling why it doesn't but, to be frank, that's another issue of competition in the superannuation sector when funds basically sit there at the end of a firehose full of money which is mandatorily required to flow into their accounts every week ...

Super funds suit up for Royal Commission

KARREN VERGARA  |  MONDAY, 6 AUG 2018
... spotlight over the next two weeks and legal experts say a key question is whether conflicts of interest are influencing super funds and letting ordinary working Australians down. AustralianSuper, Cbus and AMP Super are among 14 retail and industry super ...

Digital advice, fintech firms merge

KANIKA SOOD  |  FRIDAY, 3 AUG 2018
... still very focused on the institutional market and renewing our efforts to work with the institutions, be they the industry funds but also other financial services institutions. We will also continue to grow the direct to consumer business," SuperEd ...

Global fund manager replaces COO

KARREN VERGARA  |  FRIDAY, 3 AUG 2018
... Associates/Credit Suisse Asset Management, and COO of Trident Investment Management, an investment firm managing mutual funds and hedge funds. Epoch co-founder, chief executive and co-chief investment officer William Priest said: "I look forward to partnering ...

ASIC identifies potential risks in ETP market

KANIKA SOOD  |  FRIDAY, 3 AUG 2018
... growth has come from a "fairly low base" and the ETP industry still forms only a small percentage of the overall domestic funds market.