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Showing 951 - 960 of 6247 results for "December 2012"

Managed accounts FUM at $131bn

CHLOE WALKER  |  TUESDAY, 15 MAR 2022
Strong inflows and solid market performance underpinned significant growth in the managed accounts sector, according to the latest data released by Institute of Managed Account Professionals (IMAP) and Milliman. As at 31 December 2021, funds under management ...

Mixed reviews for advice industry reviewer

KARREN VERGARA  |  MONDAY, 14 MAR 2022
Lawyer Michelle Levy's appointment in overseeing the Quality of Advice Review has received a mixed reception from the financial advice industry. The Association of Independently Owned Financial Professionals executive director Peter Johnston called ...

Legal expert to lead QAR

KARREN VERGARA  |  FRIDAY, 11 MAR 2022
A legal expert will take the reins in leading the Quality of Advice Review, Senator Jane Hume announced this afternoon, adding that the terms of reference have also been finalised. Allens partner Michelle Levy, a specialist in financial services, life ...

Hostplus, Statewide provide merger details

JAMIE WILLIAMSON  |  THURSDAY, 10 MAR 2022
Hostplus and Statewide Super will merge next month to create an $83 billion fund. The merger, which was originally slated for April 1, will now take place on April 29, Statewide Super said in an update to members. Following the combination, Hostplus ...

TAA calls for prudent pace for reforms

KARREN VERGARA  |  TUESDAY, 8 MAR 2022
The Quality of Advice Review should take precedence over other proposed regulatory changes as financial advisers should not be encumbered by two sets of major reforms in a short period of time. This is according to The Advisers Association, which is ...

Direct indexing: The next evolution?

CHLOE WALKER  |  MONDAY, 7 MAR 2022
By nature, humans love to customise things. From personalised recommendations on Netflix and Stan, to suggested playlists on Spotify or iTunes, everyone craves to have things that serve them by knowing them. An interaction with a device, person, or ...

AvSuper names insurer, premiums rise

JAMIE WILLIAMSON  |  MONDAY, 7 MAR 2022
AvSuper has appointed a new group insurer and will increase premiums from next month, as it continues work to identify a merger partner. The $2.5 billion fund has awarded a group insurance mandate to AIA Australia. The fund's membership is currently ...

Cbus names deputy chair

JAMIE WILLIAMSON  |  THURSDAY, 3 MAR 2022
The $68 billion industry super fund has appointed a new deputy chair. Master Builders Australia chief executive Denita Wawn has been named in the role, replacing Dave Noonan who stepped down earlier this year. Wawn has been on the board of Cbus since ...

Member contributions lift super assets to $3.5tn

KARREN VERGARA  |  WEDNESDAY, 2 MAR 2022
Voluntary member contributions helped push the superannuation asset pool to a new record of $3.5 trillion at the end of 2021. The latest statistics from the prudential regulator shows total superannuation assets grew 14% to $3.47 trillion year on year. ...

Magellan loses more investors, FUM slumps

KARREN VERGARA  |  MONDAY, 28 FEB 2022
Investors continue to abandon Magellan Financial Group as funds under management currently dip below $80 billion. Some $18.3 billion disappeared from the ASX-listed fund manager between December 2021 and February 23, as total FUM now sits at $77.2 billion. ...