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Showing 81 - 90 of 3424 results for "SMI"

CFMEU fallout stokes governance debate

ANDREW MCKEAN  |  MONDAY, 12 AUG 2024
The ongoing scandal surrounding the Construction, Forestry, and Maritime Employees Union (CFMEU) has called into question the governance settings within the industry superannuation fund sector, with some suggesting boards no longer require - or benefit ...

Inflation rises but RBA hike not inevitable

ELIZA BAVIN  |  WEDNESDAY, 31 JUL 2024
The Consumer Price Index (CPI) rose 1% in the June quarter and 3.8% annually, according to the latest data from the Australian Bureau of Statistics (ABS). "The June quarter rise is the same as the 1% rise in the March 2024 quarter," ABS head of price ...

DNR Capital introduces new global equity fund manager

ANDREW MCKEAN  |  THURSDAY, 18 JUL 2024
DNR Capital has broadened its focus beyond Australian equities; it's officially launched a global small and mid-cap equity fund manager, Tura Capital. After a soft launch late last year, DNR Capital has launched the Tura Capital Global Small and Mid-Cap ...

Super account advice fees a sticking point for advice bill: Senate inquiry

KARREN VERGARA  |  FRIDAY, 21 JUN 2024
The government committee tracking the implementation of the Delivering Better Financial Outcomes (DBFO) reforms emphasised in its final report it wants "greater legal clarity" to how advice fees are deducted from superannuation fund accounts. The Senate ...

GBST, Wipro join forces on holistic administration service

ANDREW MCKEAN  |  WEDNESDAY, 19 JUN 2024
GBST has partnered with Indian technology conglomerate Wipro to deliver end-to-end administration services for superannuation funds and wealth management firms looking to move away from antiquated IT infrastructure. The collaboration combines GBST's ...

Vale Garry Wyatt

KARREN VERGARA  |  MONDAY, 17 JUN 2024
Garry Wyatt, the co-founder and chief executive of Insync Funds Management, has sadly passed away. "Garry Wyatt's profound impact on Insync Funds Management is reflected in his passion, resilience, and unwavering optimism. Garry's dedication ...

Ausbil executive departs after 23 years

ELIZA BAVIN  |  THURSDAY, 13 JUN 2024
Ausbil Investment Management has announced the co-head of Australians equities and portfolio manager for the Australian Emerging Leaders Fund, John Grace, will retire at the end of the year after 23 years with the company. Since joining Ausbil, Grace ...

Active Super found guilty of greenwashing

ANDREW MCKEAN  |  THURSDAY, 6 JUN 2024
Active Super has been found guilty of misleading the public with false claims about its environmental, social, and governance (ESG) credentials. The profit-to-member fund, which is set to merge with Vision Super in March 2025, made claims on its website ...

SMSFs' use of advisers plummets: Research

ANDREW MCKEAN  |  WEDNESDAY, 22 MAY 2024
The number of self-managed super funds (SMSFs) using advisers has reached a new low, with the proportion of SMSFs using advisers falling to 23% from 27% in the past 12 months, according to a Vanguard/Investment Trends report. The number of SMSFs without ...

Cbus deputy CIO exits

KARREN VERGARA  |  MONDAY, 20 MAY 2024
The deputy chief investment officer of Cbus has left the super fund eight months after being appointed to the post. Alexandra Campbell, has resigned from her role after a total of four years with the fund, Cbus confirmed to Financial Standard. Campbell ...