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Showing 1 - 10 of 104 results for "NFP"

JANA appoints new director of client development

ELIZA BAVIN  |  TUESDAY, 23 APR 2024
JANA Investment Advisers has announced the appointment of Habib Chebli as director, client development. Chebli will be based in Melbourne and will be responsible for relationships with wholesale and institutional clients. He will be focused on enhancing ...

ACNC tightens screws on NFPs with complex corporate structures

JAMIE WILLIAMSON  |  THURSDAY, 21 MAR 2024
The Australian Charities and Not-for-profits Commission (ACNC) announced it will focus on the misuse of complex corporate structures this year. ACNC commissioner Sue Woodward said the commission is "becoming increasingly concerned about the misuse of ...

Annuities too expensive for most retirees: Research

JAMIE WILLIAMSON  |  THURSDAY, 29 FEB 2024
... annuities would be even more expensive, the research house added. This likely explains why only 3% of retirement assets across NFP and retail funds are held in annuities, even when they're treated so favourably within the Age Pension Asset Test. This ...

JANA wins another NFP mandate

KARREN VERGARA  |  TUESDAY, 16 JAN 2024
... government clients. JANA senior consultant and head of not for profits Michael Maher said: "We understand the diversity of the NFP sector and the unique requirements when it comes to investing, especially in the religious and charitable sector, whom ...

Internal teams to manage 43% of super FUM by 2043: Data

JAMIE WILLIAMSON  |  TUESDAY, 12 DEC 2023
... investment teams, it's estimated this will balloon to almost half the total FUM come 2043. Presently, about 23% of not-for-profit (NFP) super funds' FUM is managed internally. However, NFPs command about 72% of the total APRA-regulated super FUM, with ...

Willis Towers Watson buys funds from advice group

JAMIE WILLIAMSON  |  TUESDAY, 5 SEP 2023
... continuity for existing investors, WTW does see potential for growth. "Our goal is to expand the client base, particularly into the NFP and wealth management sectors, with the intention of driving improved scale and performance and lowering fees and ...

Retirees to own 55% of all super come 2032: Rainmaker

CHLOE WALKER  |  TUESDAY, 11 JUL 2023
... funds is up more than one-third from the 2015 ratio of 19%," Rainmaker said. "Because of the established trend that shows NFP super funds to be increasingly dominating the superannuation sector, this necessarily means these funds will also dominate retirement ...

Rainmaker MySuper index outdoes S&P ASX 200

ANDREW MCKEAN  |  FRIDAY, 23 JUN 2023
... Strategy index outperformed the Lifecycle MySuper index across all age groups through the 12-month period. The not-for-profit (NFP) MySuper index maintained its lead over the Retail MySuper index over the past 12 months. The NFP MySuper index returned ...

Consulting triopoly dominates NFP super

JAMIE WILLIAMSON  |  WEDNESDAY, 24 MAY 2023
... the market. According to Rainmaker Information, JANA, Frontier and Willis Towers Watson (WTW) now control 84% of the advised NFP superannuation market. The figure, which is up from 77% in 2020, is reflective of the ongoing rationalisation of super funds. ...

Super fund ASX dominance stable: Research

KARREN VERGARA  |  WEDNESDAY, 17 MAY 2023
... super funds held 18% of members' money in Aussie stocks, while retail funds held 28%. This equates to about $316 billion for NFP funds and $193 billion for retail funds. "While the nominal value of ASX shares owned though NFP funds increased 108% between ...
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