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|Showing 1 - 10 of 97 results for "BT Funds Management"|
|The Federal Court will force BT Funds Management and Asgard Capital Management to pay $1.5 million each for charging fees for no service and making misleading statements. Between September 2014 and August 2017, the court found that the companies harmed ...|
|... has been cut from nine to six. This resulted in AMP, ANZ and ASB being cut. Bank of New Zealand, Booster, BT Funds Management, Kiwi Wealth, Simplicity and Smartshares have retained their mandates. AMP Wealth Management chief executive Blair Vernon said ...|
|... ASIC's win over Westpac in the High Court in February, confirming that Westpac Securities Administration and BT Funds Management did provide personal financial advice in calls made to 14 customers regarding their superannuation. The research findings ...|
|... member accounts (down 19% in two months). Average member had $58,000 in balance, according to APRA statistics. "BT Funds Management Limited...the Trustee of Advance Retirement Suite, has decided to transfer all member interests including the Advance ...|
|... in December 2018, with the Federal Court ruling that Westpac Securities Administration Limited (WSAL) and BT Funds Management (BTFM) had breached the Corporations Act when recommending customers rollover of superannuation accounts to Westpac/BT products. ...|
|The same underperforming and costly MySuper products APRA named and shamed last year have failed members again in the latest iteration of the heatmaps. APRA is taking action on 10 MySuper products overseen by eight trustees. It will issue notices for ...|
|A parliamentary inquiry has again cast doubt over retail superannuation funds' ability to put the best financial interests of members ahead of profit and shareholders. The most recent Standing Committee on Economics into super heard instances of ...|
|... Owner top 100 followed by Future Fund at 57th, Tcorp at 86th, Nulis Nominees at 89th, Aware Super 90th and BT Funds Management at 98th. The largest asset owner is the Government Pension Investment Fund of Japan with US$1.55 trillion in AUM followed by ...|
|... performance and relatively high fees based on APRA's heatmap metrics. Maritime Super, LUCRF Super, and several BT Funds Management products such as Asgard's Employee MySuper, BT Super for Life and Westpac Group Plan MySuper, were some of the ...|
|ASIC has commenced Federal Court proceedings against BT Funds Management and Asgard over fee-for-no-service conduct and making misleading representations in relation to the fees. It has also launched a similar case against StatePlus. ASIC alleges that ...|
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After four months of due diligence, the two super funds have confirmed they will merge before the end of the year.
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The $179 billion sovereign wealth fund has promoted internally to appoint a deputy chief investment officer for portfolio strategy.
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The alarming rate that financial advice is increasingly becoming unaffordable for everyday Australians further cements the position of the rich and powerful, an inquiry heard this morning.
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The Sydney multi-boutique has appointed a Queensland-based distribution director, hiring from GSFM.
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