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Showing 9251 - 9260 of 28277 results for "NOT"

Superannuation fund cuts fees

HARRISON WORLEY  |  THURSDAY, 27 JUN 2019
... it normally charges for members with balances lower than $6000. Future Super members with balances below $1000 are already not charged the set dollar admin fee. The move will see more low balance members save over $95 a year, and founder Adam Verwey ...

UK fund manager appoints local lead

HARRISON WORLEY  |  THURSDAY, 27 JUN 2019
A $5.3 billion renewable infrastructure manager named a lead for its Australian office as it looks to launch a suite of local products. Foresight Group appointed Kim Nguyen as head of Australia, to lead the asset manager's expansion in the local ...

Instos flex influence over investee companies

KARREN VERGARA  |  THURSDAY, 27 JUN 2019
... structured. In terms of dialogue, one third talk directly with corporate management; one fifth interact with the investment bank and not with the company; and half engage with both the company and investment bank. "What institutional investors don't ...

MySuper eyes SMSF stronghold

KARREN VERGARA  |  THURSDAY, 27 JUN 2019
... for younger members aged 35 and under, lifecycle strategies outperformed the single strategies. In terms of retail versus not-for-profit MySuper products, NFP continues to dominate the default sector with an 83% market share - a position that remains ...

ASIC product intervention to commence

JAMIE WILLIAMSON  |  THURSDAY, 27 JUN 2019
... extended or made permanent thereafter. The powers fall under the design and distribution obligations enacted in April which do not apply until April 2021. However, the product intervention power is available to ASIC now. The powers are not intended to ...

Genetic tests no barrier to life insurance

ELIZABETH MCARTHUR  |  THURSDAY, 27 JUN 2019
... in which two groups were offered genetic testing - one group was told about life insurance disclosure policies and one was not. People in the group that was told about disclosures were more likely to decline the test. "We know that the Parliamentary ...

MetLife, AFA call for more diversity in advice

ELIZABETH MCARTHUR  |  THURSDAY, 27 JUN 2019
... Applicants must identify as female, have up to five years' experience as a financial adviser, planner or paraplanner, have not previously attended an AFA Conference and have or obtain an AFA membership.

Chief economist update: Expect an RBNZ rate cut

BENJAMIN ONG  |  THURSDAY, 27 JUN 2019
... it handed out a 25 basis point cut at its May board meeting could be counter-productive, indicating a sense of urgency (if not, panic) on the domestic economic outlook. Then again, the RBNZ board thinks: "Given the weaker global economic outlook and ...

OnePath awards $210m in mandates

KANIKA SOOD  |  WEDNESDAY, 26 JUN 2019
... Investments business to IOOF but the deal has faced roadblocks with a May update saying if any conditions of the transfer are not met by October 17, either ANZ and IOOF can call off the sale. ANZ also sold the OnePath life insurance business to Zurich ...

Super delivers for the masses: Challenger

KARREN VERGARA  |  WEDNESDAY, 26 JUN 2019
... behind. Citing APRA figures, members aged 65 and over have $800 billion tucked away in superannuation accounts. Members in a not-for-profit fund tend to retire with $305,000 on average, which is nearly 20% higher than a retail fund member with $255,000. ...