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Showing 9151 - 9160 of 15804 results for "TER"

MySuper fees approaching KiwiSaver best practice

STAFF WRITER  |  TUESDAY, 21 OCT 2014
... NZ; and the Ministry of Business, Innovation and Employment) it was revealed that the weighted average Total Expense Ratios (TER) for all KiwiSaver funds is 0.92%. The average TER for the nine KiwiSaver default funds that account for 22% of KiwiSaver ...

Mercer to launch longevity insurance solution

JAMES FERNYHOUGH  |  TUESDAY, 21 OCT 2014
Mercer will next week launch a new product which it says will "address longevity risk in a way that has never been offered in Australia before." While Mercer gave little away about the product, Financial Standard understands that it will be something ...

Van Eyk goes into liquidation

LAURA MILLAN  |  TUESDAY, 21 OCT 2014
Van Eyk creditors have voted to put the business into liquidation following a recommendation from administrator Moore Stephens, which has just signed term sheets for the sale of the van Eyk Australia and New Zealand businesses. A Moore Stephens spokesperson ...

FPA chair Rowe stands down, Kendall takes the reins

LAURA MILLAN  |  TUESDAY, 21 OCT 2014
The Financial Planning Association (FPA) chair Matthew Rowe has ended his two year term at the head of the organisation's board and will be replaced by Tupicoffs financial planner and pro bono advice advocate Neil Kendall. Board member and iPac chief ...

Market Wrap AM

AAP  |  TUESDAY, 21 OCT 2014
The Australian market looks set to open higher after Wall Street recovered early losses to trade in positive territory. At 0810 AEDT on Tuesday, the December share price index futures contract was up 14 points at 5,320. Locally, in economic news on ...

Market wrap

AAP  |  MONDAY, 20 OCT 2014
Shares are more than 1% firmer as Australian investors shrug off concerns about slowing global growth. The big banks and miners were leading the broader local market higher as investors took their cues from a rebound on US and European markets, Australian ...

SelectingSuper fund award finalists announced

STAFF WRITER  |  MONDAY, 20 OCT 2014
SelectingSuper has announced the finalists for this year's fund, product and self managed superannuation administrator of the year awards being held in Melbourne on 21 November. The awards are supported by MetLife and span 15 divisions including Fund ...

Market Wrap AM

AAP  |  MONDAY, 20 OCT 2014
The Australian market looks set to open solidly higher after international markets returned to positive territory following heavy losses earlier in last week. At 0810 AEDT on Monday, the December share price index futures contract was up 68 points at ...

Custodians make managers more accountable: BNP Paribas

JAMES FERNYHOUGH  |  FRIDAY, 17 OCT 2014
Super funds wondering whether to sack an underperforming fund manager are increasingly taking advantage of the deep look-through and risk analysis capabilities provided by their custodians. According to Madhu Gayer, BNP Paribas Securities Services head ...

CBA 'open-minded' about Bitcoin

JAMES FERNYHOUGH  |  FRIDAY, 17 OCT 2014
Commonwealth Bank (CBA) chief executive Ian Narev has countered the notion that the banking sector is "oblivious" to Bitcoin. Speaking at an event hosted by the American Chamber of Commerce in Sydney this week, Narev said the bank is open-minded about ...