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Showing 8581 - 8590 of 29084 results for "PRI"

Retirement income review must focus on women: KPMG

HARRISON WORLEY  |  WEDNESDAY, 5 FEB 2020
KPMG is calling for the imbalance between men and women's retirement outcomes to be redressed, pinning the blame on superannuation concessions. In its submission to the government's review of the retirement income system, KPMG highlights how the current ...

Asia is way forward for global economy: DWS

ELIZA BAVIN  |  WEDNESDAY, 5 FEB 2020
The doom and gloom in the global economy is starting to see the rays of light shine through in 2020 for Asia in particular, according to DWS chief investment officer, APAC Sean Taylor. Speaking to Financial Standard ahead of the Chief Economist Forum ...

Permanent ban follows alleged SMSF theft

HARRISON WORLEY  |  WEDNESDAY, 5 FEB 2020
A Sydney-based financial adviser has been permanently banned for allegedly transferring client SMSF funds to the trust account of a business she controlled. ASIC has permanently banned Sydney adviser Tram Tran, after it found the funds of her clients ...

Future Fund chief to lead IFM Investors

KANIKA SOOD  |  TUESDAY, 4 FEB 2020
David Neal is set to jump from leading the $168 billion Future Fund to heading IFM Investors after Brett Himbury's resignation last year. Neal has been at Future Fund since its inception, starting as the chief investment officer in 2007 and then ...

Super fee obsession must stop

KANIKA SOOD  |  TUESDAY, 4 FEB 2020
In one of the first submissions to the Retirement Income Review, the body for private market investors has urged the government to focus less on fees and consider the place for illiquid assets in MySuper. Citing APRA's heat maps as an example, the Australian ...

Pzena introduces second fund to Australia

HARRISON WORLEY  |  TUESDAY, 4 FEB 2020
Spurred by the local success of its emerging markets value fund, Pzena Investment Management has introduced its second Australian pooled vehicle. The classic value equities manager has launched the Pzena Global Focused Value fund to Australian and New ...

BetaShares calls for universal pension

ELIZABETH MCARTHUR  |  TUESDAY, 4 FEB 2020
BetaShares has proposed that Australia adopt a system that would provide a pension to everyone, funded by superannuation contributions. The proposal was made in the company's submission to the Australian Treasury as part of its consultation with market ...

Property manager hires super fund head

ALLY SELBY  |  TUESDAY, 4 FEB 2020
Property investment manager Charter Hall has appointed a superannuation fund executive to lead the group's direct business. TelstraSuper head of real assets Miriam Patterson has scored the newly created role of fund manager at Charter Hall Direct, in ...

Corrupt adviser banned, AFSL canned

ALLY SELBY  |  TUESDAY, 4 FEB 2020
ASIC has banned a Queensland-based financial adviser from providing financial services for seven years and cancelled the AFS licence of his business. The corporate regulator found that Timothy Shapter had not provided advice in his client's best interests ...

Dealer group restructures leadership

ELIZABETH MCARTHUR  |  TUESDAY, 4 FEB 2020
A major independent advice dealer group has announced a restructure that will see its long-serving executive director hand over the reins. Don Trapnell will be stepping back from day-to-day involvement in Synchron. He has dedicated more than five decades ...