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Showing 8981 - 8990 of 15804 results for "TER"

Performance competition returning to default super

STAFF WRITER  |  THURSDAY, 12 FEB 2015
The SelectingSuper MySuper rolling 12 month performance index holding steady on 8.3% during October to December masks something more subtle - the return of performance competition into superannuation and the strong debut of life stage investing. SelectingSuper's ...

ACSI chief executive to step down

ALEX BURKE  |  THURSDAY, 12 FEB 2015
Australian Council of Superannuation Investors (ACSI) chief executive Gordon Hagart will step down in April and return to Europe. Hagart expressed his regrets about the unexpected news but said the "difficult decision" was right for his family. "I've ...

Ex-ANZ adviser sent to jail over $6m fraud

LAURA MILLAN  |  WEDNESDAY, 11 FEB 2015
A former ANZ financial adviser was jailed for six years and three months for defrauding over $5.9 million over a period of 20 years. Melinda Scott will serve three years and ten months in jail before being eligible for parole, the NSW District Court ...

CBA wealth management FUA up 11%

MARK SMITH  |  WEDNESDAY, 11 FEB 2015
Commonwealth Bank's wealth management division contributed strongly to the bank's solid half-year result, increasing funds under administration by 11% and delivering outperformance from 85% of funds over three years. The bank reported a statutory net ...

Market wrap

AAP  |  TUESDAY, 10 FEB 2015
The share market has opened lower amid fears of a Greek debt default. Greek Prime Minister Alexis Tsipras's vow to stand by his anti-austerity electoral promises are denting global equity markets but locally, the mining giants and consumer discretionary ...

Reconsider life insurance commission ban: ISA

LAURA MILLAN  |  TUESDAY, 10 FEB 2015
Life insurance status quo must change and the Life Insurance and Advice Working Group should reconsider banning commissions from risk advice, Industry Superannuation Australia (ISA) said in its submission to the inquiry. ISA noted that the working group ...

New online bond researcher launches

ALEX BURKE  |  MONDAY, 9 FEB 2015
Fixed income researcher BondAdviser was launched today through an online portal. Created with the goal of making the bond market more approachable to investors, BondAdviser monitors all ASX-listed interest rate securities and a "large range" of over-the-counter ...

LSE to sell Russell Investments

ALEX BURKE  |  MONDAY, 9 FEB 2015
The London Stock Exchange Group (LSE) will sell the investment management arm of Frank Russell Co, which it acquired last year for US$2.7 billion. Following its comprehensive review of Russell Investments - originally announced in June 2014 - it announced ...

St George head of advice joins Anne Street

LAURA MILLAN  |  MONDAY, 9 FEB 2015
Westpac's head of St George, Bank of Melbourne and Bank SA Financial Planning has left the business and joined Anne Street Partners as head of strategy and advice. Jason Dunn will be responsible for the implementation of the firm's national business ...

SMSF sector enters next phase

LAURA MILLAN  |  MONDAY, 9 FEB 2015
The self-managed super fund (SMSF) sector is entering the stage of maturity as benefit payments surpass contributions for the first time. This industry tipping point was confirmed with the recent release of the Australian Taxation Office (ATO) statistical ...