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Showing 8821 - 8830 of 22801 results for "Funds"

Praemium data feeds added to BGL platform

KANIKA SOOD  |  MONDAY, 19 MAR 2018
... hinted the company may soon make an announcement in this regard. BGL says about 70% of Australia's 600,000 self-managed super funds are administered using its software. Last month, Praemium started accepting financial advice applications digitally. It ...

Convicted SMSF auditor disqualified

KANIKA SOOD  |  MONDAY, 19 MAR 2018
... fraudulently claimed $549,719 under the Research and Development (R&D) Tax Incentive. Samarakoon also transferred majority of the funds to his personal account, pocketing $380,000, the ATO said then. He is the second SMSF auditor to be disqualified this ...

GBST and super fund collaborate for tax relief

JAMIE WILLIAMSON  |  MONDAY, 19 MAR 2018
... transparency and audit functionality in managing and calculating capital gains tax. Under the latest reforms, complying super funds receive CGT relief for capital gains accumulated before 1 July 2017. While these gains would previously have been exempt ...

MyRetirement products too pricey for super funds

JAMIE WILLIAMSON  |  MONDAY, 19 MAR 2018
... progress on the development of MyRetirement (CIPRs) products may not be due to a lack of initiative from superannuation funds but rather reluctance around expenditure. A running point of discussion at the recent Conference of Major Superannuation Funds ...

Aurora calls out 8IP directors

JAMIE WILLIAMSON  |  MONDAY, 19 MAR 2018
Aurora Funds Management is calling for the removal of three directors of Eight Investment Partners' $50 million listed investment company. Owning a 19.99% share in 8 Emerging Companies, Aurora is the largest shareholder in the LIC and said it called ...

Aussie asset manager dives into Spanish water market

DARREN SNYDER  |  MONDAY, 19 MAR 2018
... countries and employs more than 7500 people. IFM Investors was established 22 years ago by a group of not-for-profit pension funds that sought to create an investor-owned fund manager. IFM Investors now represents more than 15 million pension fund members ...

Super industry wants tougher insurance code

KARREN VERGARA  |  MONDAY, 19 MAR 2018
Industry stakeholders expect 90% of Australia's superannuation funds to sign the Insurance in Superannuation Voluntary Code of Practice before March 31, despite its several shortcomings. ANZ, AustralianSuper, MLC, MTAA Super, REST Industry Super and ...

Chief economist update: Plotting the dots

BENJAMIN ONG  |  MONDAY, 19 MAR 2018
... meets this week and it's almost as good as gold that it will announce another gentle 25 basis points hike, taking the fed funds rate to 1.5%-1.75% - CME FedWatch Tool has the probability of a rate hike at 94.4% - when the US central bank concludes its ...

Fidante forms partnership with $500m firm

ALEX BURKE  |  FRIDAY, 16 MAR 2018
... As part of the agreement with Latigo Partners, Fidante parent company Challenger has also made an investment in Latigo's funds. Fidante said the partnership was consistent with its strategy of expanding its alternatives suite, and that it will "provide ...

Major super funds urge asset manager code adoption

KARREN VERGARA  |  THURSDAY, 15 MAR 2018
Six leading superannuation funds have signed an open letter by the CFA Institute asking asset manager to adhere to a code of conduct in an effort to protect the interest of members. Australian Ethical, AustralianSuper, First State Super, Kinetic Super ...