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Showing 981 - 990 of 3289 results for "Smith"

Findex hires head of risk from Macquarie

MARK SMITH  |  TUESDAY, 6 OCT 2015
Findex has appointed a former Macquarie executive lead its commission-free risk business and build the corporate benefits consulting arm. As head of risk and corporate benefits, Patrick Dieter will also be responsible for reviewing and growing the company's ...

SPIVA report shows most active managers beaten by index again

MARK SMITH  |  FRIDAY, 2 OCT 2015
The latest S&P Dow Jones Indices Versus Active Funds (SPIVA) scorecard has once again revealed the vast majority of active managers underperform their benchmark. The latest rebalance of the semi-annual report for data to end of June 2015, shows that ...

Nikko downgrades equities stance

MARK SMITH  |  FRIDAY, 2 OCT 2015
Nikko Asset Management has downgraded its house view on global equities from overweight to neutral to reflect stock prices reaching what it believes to be fair value, particularly in the US. The global fund manager has been positive on stocks since ...

Multi-asset funds see huge lift in inflows

MARK SMITH  |  FRIDAY, 2 OCT 2015
Multi-asset (MA) funds are set to remain at the top of the inflow tables in Europe as advisers turn to them in the face of FOFA-like reforms, according to global analytics firm Cerulli Associates. The research says more advisors are recommending MA ...

More must be done to cut fees: FSC

MARK SMITH  |  THURSDAY, 1 OCT 2015
Average working Australians would have thousands of dollars more in their retirement savings if bigger superannuation funds faced stronger competitive tensions, the Financial Services Council has said. A new report released in the FSC's submission to ...

Elliott new CEO at ANZ

DARREN SNYDER  |  THURSDAY, 1 OCT 2015
ANZ will ring in the New Year with Shayne Elliott as its chief executive after the bank announced Mike Smith is stepping down in December. Elliott has been ANZ's chief financial officer for more than three years and is considered to be the right person ...

Link Group announces plans for float

MARK SMITH  |  WEDNESDAY, 30 SEP 2015
Superannuation administration company Link Group is targeting a valuation of up to $2.6 billion in an initial public offer expected to take place on 27 October. Details in the prospectus reveal the company aims to raise between $879.2 million and $946.5 ...

Retail funds recommending advice fee rates

MARK SMITH  |  WEDNESDAY, 30 SEP 2015
While retail super funds post-FOFA have unbundled their embedded advice commissions, half still recommend an average 0.55% in ongoing advice service fees, the annual super fee survey from Rainmaker reveals. As a result of the compulsory adoption of ...

La Trobe makes swathe of new hires

MARK SMITH  |  TUESDAY, 29 SEP 2015
Credit specialist La Trobe Financial has appointed 25 new staff and expanded to a second floor at its Collins Street headquarters in Melbourne. Fourteen of the 25 new hires, are experienced senior credit analysts and their appointments grow the company's ...

Super fees almost halved in five years

MARK SMITH  |  MONDAY, 28 SEP 2015
Super fund fees have fallen 40% in the last five years owing to regulatory shifts and technological innovation, but the fall has not unduly impacted providers' bottom lines, according to the latest comprehensive survey of the sector by Rainmaker. The ...