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Showing 941 - 950 of 3804 results for "APPEA"

Will Janus Henderson and Invesco merge?

KANIKA SOOD  |  TUESDAY, 6 OCT 2020
A fund manager that played a part in Legg Mason and Franklin Templeton's merger has now bought 9.9% stakes each in Janus Henderson Group and Invesco, sparking speculation of a potential merger in the latter two. Trian Funds Management revealed the positions ...

Super funds lag on disclosure

JAMIE WILLIAMSON  |  FRIDAY, 2 OCT 2020
Despite growing demand for it, Australia's superannuation funds are dragging their feet when it comes to portfolio holdings disclosure. A recent study by Rainmaker found just 27 major super funds publish holdings data; about one quarter of all funds. ...

Trustees cutting corners: Rowell

KARREN VERGARA  |  FRIDAY, 2 OCT 2020
The prudential regulator has lambasted superannuation funds for not taking underperformance seriously and failing to compare themselves accurately against their peers. APRA deputy chair Helen Rowell said that many superannuation funds are overlooking ...

Court blocks bid to freeze Phil Kingston's assets

KANIKA SOOD  |  WEDNESDAY, 30 SEP 2020
A court has blocked an attempt by Sargon's Chinese lender to freeze the assets of Phil Kingston, as the latter heads towards public questioning next month. China Insurance Finance Group Ltd commenced court proceedings on August 24, seeking repayment ...

Chief economist update: Australia's third arrow

BENJAMIN ONG  |  WEDNESDAY, 30 SEP 2020
"We are one, but we are many And from all the lands on earth we come We'll share a dream..." - The Seekers Yes Virginia, we, Australians all, are one in anticipating Christmas to come on October 6 this year - the day when most expect the Reserve ...

SMSF changes unlikely to mushroom new funds

KANIKA SOOD  |  FRIDAY, 25 SEP 2020
Allowing more members in SMSFs is unlikely to spur their establishment rates, according to a submission by University of Sydney's Susan Thorp. Earlier this month, a bill to increase the maximum number of SMSF members from four to six was reintroduced ...

Super funds squander member money: Bragg

KARREN VERGARA  |  THURSDAY, 24 SEP 2020
Senator Andrew Bragg is calling for greater scrutiny of how superannuation funds spend members' money, slamming the system that has enjoyed three decades of unquestioned opacity. Appearing at an Association of Superannuation Funds of Australia event ...

AMP tops worst-performing super funds list

KARREN VERGARA  |  TUESDAY, 22 SEP 2020
Retail superannuation funds provided by AMP and OnePath continue to charge high fees and deliver poor returns for members, the latest Fat Cat report shows. For the sixth year in a row, AMP continued to dominate robo-adviser Stockspot's Fat Cat list ...

End of Super Complaints Tribunal nears

ELIZABETH MCARTHUR  |  MONDAY, 21 SEP 2020
The Superannuation Complaints Tribunal (SCT) will cease to exist at the end of this year, with the Australian Financial Complaints Tribunal (AFCA) seeking to handle any remaining complaints currently with the SCT. AFCA has opened consultation on changing ...

Chief economist update: Yoshihide and the yen

BENJAMIN ONG  |  MONDAY, 21 SEP 2020
So far fresh Prime Minister of Japan Yoshihide Suga is off to a good start. The Prime Minister takes over from Shinzo Abe at a time when the global economy appears to have seen the worst of the coronavirus pandemic. Many governments have eased/lifted ...