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Showing 8711 - 8720 of 22801 results for "Funds"

Industry fund signs on to insurance code

HARRISON WORLEY  |  THURSDAY, 19 APR 2018
... and to giving them access to excellent service when they apply for insurance or make a claim," Smith said. He added super funds have the capacity to provide cover that many people would not access normally. "AT REI Super we recognise that cost effective ...

Global manager sells distribution platform

HARRISON WORLEY  |  THURSDAY, 19 APR 2018
... founded in 2002. The two organisations additionally hope to sign a long-term deal to allow MFEX to provide open-architecture funds distribution within Natixis' parent company, BPCE Group, and both Natixis Wealth Management and Natixis Assurances. While ...

WA Super awards admin mandate

KARREN VERGARA  |  THURSDAY, 19 APR 2018
... create Western Australia's only not-for-profit, public offer superannuation fund. On 9 February 2018, the two Perth-based funds completed the merger. Recently appointed WA Super chief executive Fabian Ross said: "With mergers come opportunities for growth. ...

Chief economist update: The colour of Beige

BENJAMIN ONG  |  THURSDAY, 19 APR 2018
... and is published approximately two weeks before the Fed's FOMC meeting. Speculators speculating the Fed will keep the fed funds rate unchanged at its 1-2 May meeting would take comfort that their guess is correct for apart from the fact that the US central ...

RECAP: Advice in the Royal Commission spotlight (Days 1 - 3)

KANIKA SOOD  |  THURSDAY, 19 APR 2018
... goes out AMP advisers could dip into their client's investments to deduct fees if the clients' account did not have enough funds, the Commission heard. Commissioner Kenneth Hayne described AMP's fee structure as a "collection mechanism" that could dispose ...

AI comes to SMSF administration

HARRISON WORLEY  |  WEDNESDAY, 18 APR 2018
... assistant has been integrated into the SMSF software solution used to administer more than 70% of the 600,000 self-managed super funds in Australia. In a reported first for SMSF administration software, BGL has integrated an AI assistant into its Simple ...

Former Suncorp adviser banned

HARRISON WORLEY  |  WEDNESDAY, 18 APR 2018
... regulator, with the former adviser of a NAB-aligned licensee permanently banned by ASIC for withdrawing money from private client funds for personal and business expenses, to the tune of $1,951,000. The bans arrive as the Royal Commission into Misconduct ...

New manager raising $30m for crypto fund

ALEX BURKE  |  WEDNESDAY, 18 APR 2018
A new investment manager launched by tech veterans is seeking to raise $30 million for one of Australia's first funds dedicated exclusively to cryptocurrency investments. Anti Hero Capital, whose managing partners also founded tech agency M5859, are ...

AMP platform fees laid bare

KARREN VERGARA  |  WEDNESDAY, 18 APR 2018
... AMP imposes a cap on advisers' fees that vary across its platforms. MyNorth platform would charge $5250 and up to 2.51% of funds invested regardless of balance; it doesn't charge fees for balances under $1500. Keating added the only way a customer can ...

ASIC hits former NAB adviser with permanent ban

ALEX BURKE  |  WEDNESDAY, 18 APR 2018
... representative of NAB-owned GWM Adviser Services, from 2003 to 2013. During that time, he advised on superannuation, managed funds and securities. ASIC said that between 2007 and 2016, Taylor withdrew $1,951,000 mostly from private client funds which ...