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Showing 901 - 910 of 4095 results for "FEW"

Hume clarifies survival of the fittest in MySuper

ELIZABETH MCARTHUR  |  THURSDAY, 8 OCT 2020
Senator Jane Hume has clarified why the government's latest reforms will seek to identify underperforming MySuper products. Hume was speaking at a Financial Services Council (FSC) event about the Your Super, Your Future package announced as part of ...

Super reforms modest negative for AMP, IOOF: Credit Suisse

KANIKA SOOD  |  WEDNESDAY, 7 OCT 2020
... revenues (unlike LNK where it is membership). This means that the impact of the reforms will likely be minimal in the next few years with any negative impacts quite long dated. " Credit Suisse noted the caveat would be if IOOF or AMP funds get categorised ...

Frydenberg focusses on jobs, jobs, jobs

ELIZABETH MCARTHUR  |  TUESDAY, 6 OCT 2020
... economic modelling expects unemployment to peak at around 8% in the December quarter of this year, before falling over the next few years as the economy recovers. Without support like the JobKeeper program, the government forecasted that unemployment ...

Fund manager hires client experience lead

KARREN VERGARA  |  TUESDAY, 6 OCT 2020
... exceptional client experience," he said. Cardew said: "Capital Group's brand strength has been on the march over the last few years in Asia and Europe and it is an exciting time to join the firm to support it in its next phase of growth."

Benchmark-lagging LIC faces strategic review

ALLY SELBY  |  TUESDAY, 6 OCT 2020
... managed by Templeton Global Equity Group, a subsidiary of Franklin Templeton Investments, and while it boasts a history that "few LICs can match", the fund has persistently traded at a discount to NTA. As of September 25, TGG reported a NTA before tax ...

Calls for aged care overhaul

ELIZA BAVIN  |  TUESDAY, 6 OCT 2020
... regulation to fix the sector, but said the most important factor is changing the culture of the aged care system. "Over the past few decades the sector has become a 'market'. As for-profit providers moved in, residential facilities got bigger. Regulation ...

82% of advisers pass August FASEA exam

ELIZABETH MCARTHUR  |  THURSDAY, 1 OCT 2020
... construction, ethics and legal requirements to the practical scenarios tested in the exam." FASEA said advisers underperformed in a few areas including demonstrating an understanding of the differences between personal advice, general advice and factual ...

Industry fund doubles down on fee cuts

ELIZA BAVIN  |  THURSDAY, 1 OCT 2020
... executive Stephen Rowe said the fund's focus on cost reductions has allowed it to steadily reduce member fees over the last few years. Rowe said as a result of these measures over $150 million in costs has been taken out of the business. The total fees ...

Court blocks bid to freeze Phil Kingston's assets

KANIKA SOOD  |  WEDNESDAY, 30 SEP 2020
... it argued Kingston has "not acceded fully" to requests for books and records of Sargon companies. The judge said there were few particulars of Kingston's alleged failure to cooperate with receivers but there was evidence solicitors (HWL Ebsworth) ...

Perpetual successor fund transfer to go ahead

ELIZABETH MCARTHUR  |  WEDNESDAY, 30 SEP 2020
... 2020." According to Rainmaker data, the transfer should see about 7500 accounts and $207 million added to CareSuper. Just a few months ago, in March 2020, the MySuper option had $220 million in it. CareSuper, which has more than $16 billion in funds ...