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19 December 2014 • By Reporter • 1 min read

Greencape Capital FUM hits $5 billion

Boutique Australian equities fund manager Greencape Capital has grown its funds under management (FUM) to more than $5 billion. Greencape founder ...

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Insurance sector responds to ASIC report

The Life Insurance and Advice Working Group (LIAWG) has released its initial response to a damning review of the industry’s sales practices by ASIC

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Super funds must 'think beyond TV ads'

Television advertising by super funds is failing to resonate with their members, according to new research by CoreData. A CoreData study which ...

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Avestra AM breaches takeover laws

Avestra Asset Management has been convicted and fined by the Melbourne Magistrates' Court for breaching takeover laws. In a statement released by ...

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AMP Capital wins US$200m mandate

The Ontario Pension Board has awarded a $200 million global infrastructure mandate to AMP Capital. The commitment from the big Canadian fund is a ...

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Super returns lacklustre in 2014

New figures from Chant West show super funds returns have more than halved in 2014 compared to the previous year. The median growth fund recorded ...

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Lack of SMSF diversity under fire

A correction in the Australian stock market could expose SMSFs to substantial losses given their “miniscule” exposure to international assets, argues ...

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MySuper 'costly and disruptive', say execs

One year into MySuper, executives are still bemoaning the implementation process – but they concede it has acted as a catalyst for "re-evaluation and ...

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Replace AAT for ASIC reviews: Centrepoint

A body akin to the Financial Ombudsman Service (FOS) should replace the Administrative Appeals Tribunal (AAT) and courts in reviewing ASIC decisions, ...

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Half of Aussies in the dark on super

A new survey by ASIC has found that almost half of Australians are not confident about their superannuation arrangements. The Consumer Financial ...

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