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Showing 71 - 80 of 201 results for "Rainmaker data"

Corporate superannuation fund hunts new chair

KARREN VERGARA  |  TUESDAY, 9 APR 2019
... TelstraSuper had 99,010 members with an average account balance of $212,323 as at September 2018, according to Rainmaker data.

Curtain call for JCP Investment Partners

KARREN VERGARA  |  WEDNESDAY, 27 MAR 2019
... awarded JCP the mandate to manage its BNP Paribas Australian Equity Benchmark Insensitive Trust in September 2018. Rainmaker data shows JCP had mandates with the Future Fund, QIC, AMP Capital, LGIAsuper and Energy Super. The Melbourne-based boutique ...

Investors raise alarm on Facebook

ELIZABETH MCARTHUR  |  WEDNESDAY, 27 MAR 2019
... Ethical is monitoring its Facebook investment and considering whether it needs to conduct a review. According to Rainmaker data, almost all superannuation funds in Australia have some exposure to Facebook, standing as the third most commonly held international ...

Australian Ethical mulls Facebook divestment

ELIZABETH MCARTHUR  |  THURSDAY, 21 MAR 2019
... to the issue. In Australia, almost every superannuation fund has some exposure to Facebook stocks. According to Rainmaker data, holdings of international tech stocks - of which, Facebook is a key stock - in not for profit super funds' global equities ...

Statewide Super confirms merger talks

JAMIE WILLIAMSON  |  WEDNESDAY, 13 MAR 2019
... explore the possibility of a merger and is not a Heads of Agreement to merge," the spokesperson said. According to Rainmaker data, a merger would create a $24 billion super fund serving more than 380,000 members. By assets, it would become the 15th largest ...

New reforms to smash major super funds

JAMIE WILLIAMSON  |  TUESDAY, 26 FEB 2019
... last week, which includes the capping of fees at 3% for all accounts with a balance of $6000 or less. According to Rainmaker data, about 34% of AMP's total accounts hold less than $1000. For Hostplus and OnePath the numbers are 32% and 41% respectively. ...

LICs defy franking credit refund changes

KARREN VERGARA  |  TUESDAY, 22 JAN 2019
... Hardie Industries, Transurban Group, and reduced holdings in AGL Energy, Washington H. Soul Pattinson and Perpetual. Rainmaker data shows the LIC sector stood at $42 billion as at the end of September 2018, growing 24% year on year. Eleven new LICs launched ...

Advice groups sign on to HUB24

KANIKA SOOD  |  WEDNESDAY, 9 JAN 2019
... Partners brings 31 registered planners to HUB24's platform. The licensee has added 10 planners since June, 2017, Rainmaker data shows. HUB24 has also brought on board Portfolio IQ, which is a collection of 25 smaller licensee businesses. The two ...

MLC admin error hits superannuation DB members

KARREN VERGARA  |  FRIDAY, 14 DEC 2018
... notified." Plum acquired ExxonMobil defined benefit members under its existing Exxon Plum Super Sub Plan in 2013. Rainmaker data shows there are about 700 active defined benefit members in the plan. It is understood that access to Plum's defined ...

Super pool ripe for adviser picking

JAMIE WILLIAMSON  |  THURSDAY, 29 NOV 2018
... research for ClearView, predicts Australia will need 29,400 advisers by 2022 to cater to Baby Boomers. According to Rainmaker data, as at October 2018 there was 24,889 advisers on ASIC's Financial Adviser Register. With widespread predictions that ...