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Showing 9121 - 9130 of 22801 results for "Funds"

New ASFA board announced

EMMA RAPAPORT  |  THURSDAY, 30 NOV 2017
The Association of Superannuation Funds of Australia is strengthening its mission to improve the superannuation system with the appointment of two senior industry figures to the board. Melinda Howes, general manager of superannuation, BT Financial Group ...

Manage wealth with authority: Academic

EMMA RAPAPORT  |  THURSDAY, 30 NOV 2017
... professor of psychology and behavioral economics Dan Ariely believes. Speaking at the 2017 Association of Superannuation Funds of Australia Conference in Sydney, Ariely said consistent failure to understand human capacity for rational thought had allowed ...

Government caves to banking Royal Commission

KARREN VERGARA  |  THURSDAY, 30 NOV 2017
... Government announced it will establish a royal commission into the alleged misconduct of banks, insurers and superannuation funds. The inquiry will also investigate the regulators' ability to identify and address misconduct, but will not investigate ...

Powell power

BENJAMIN ONG  |  THURSDAY, 30 NOV 2017
... in the unemployment rate. As for monetary policy direction: "We continue to expect that gradual increases in the federal funds rate will be appropriate to sustain a healthy labor market and stabilize inflation around the FOMC's 2 percent objective. That ...

RNY unitholders left unpaid after Aurora scandal

ALEX BURKE  |  WEDNESDAY, 29 NOV 2017
Many unitholders in the RNY Property Trust have yet to be compensated following the takeover by Aurora Funds Management, whose chief financial officer was terminated after $1 million vanished from a listed Aurora trust last weekend, and ASIC has so ...

APRA delivers poor super fund ultimatum

DARREN SNYDER  |  WEDNESDAY, 29 NOV 2017
It is crunch time for poor performing superannuation funds which will soon be asked to "gracefully exit the industry" if they cannot meet revisions to regulatory frameworks. Australian Prudential Regulation Authority (APRA) deputy chair Helen Rowell ...

Real AM launches multi-asset portfolios for HNW clients

ALEX BURKE  |  WEDNESDAY, 29 NOV 2017
... designed largely in response to SIV holders looking to invest in a more sophisticated mix of Australian assets beyond property funds and fixed income. The SIV regulation requires prospective Australian residents to invest at least $5 million locally. ...

ASIC brings in disclosure expert to review RG97

ALEX BURKE  |  WEDNESDAY, 29 NOV 2017
... facilitating industry input to Mr McShane, who will meet with service providers, representatives of both industry and retail funds, and funds at various levels of compliance with RG97," ASIC added. "In the meantime, the facilitative compliance approach ...

Energy Super launches group insurance platform

KARREN VERGARA  |  WEDNESDAY, 29 NOV 2017
... underwriting process for members. For trustees and administrators, LifeView allows access to real-time data and analysis of super funds' claims experience. Energy Super chief executive Robyn Petrou said the platform will empower its members to be more ...

Praemium solution signs first client

KARREN VERGARA  |  WEDNESDAY, 29 NOV 2017
... Michael Ohanessian said the rise of managed accounts platforms is disrupting the use of collective structures, such as managed funds and master trusts, in favour of directly held securities. As a result, wealth managers will continue to hold direct securities ...