A typical Australian superannuation fund in the third quarter has posted its worst return since the bankruptcy of Lehman Brothers Holdings Inc., says Warren Chant, director of Chant West, a research firm that focuses on superannuation.
Senator Mathias Cormann, Shadow Minister for Financial Services and Superannuation, speaks to Simon Mumme, Investment Magazine editor, about superannuation and the opposition’s position on the governments financial services reform. The interview took place at a recent roundtable conference on financial services in Sydney.
Normal 0 false false false MicrosoftInternetExplorer4 st1:*{behavior:url(#ieooui) } /* Style Definitions */ table.MsoNormalTable {mso-style-name:”Table Normal”; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-parent:””; mso-padding-alt:0cm 5.4pt 0cm 5.4pt; mso-para-margin:0cm; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:”Times New Roman”; mso-ansi-language:#0400; mso-fareast-language:#0400; mso-bidi-language:#0400;} A flurry of recent consolidation in the platform market raises questions over the power this new era of mega-platforms could wield over […]
Normal 0 false false false MicrosoftInternetExplorer4 st1:*{behavior:url(#ieooui) } /* Style Definitions */ table.MsoNormalTable {mso-style-name:”Table Normal”; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-parent:””; mso-padding-alt:0cm 5.4pt 0cm 5.4pt; mso-para-margin:0cm; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:”Times New Roman”; mso-ansi-language:#0400; mso-fareast-language:#0400; mso-bidi-language:#0400;} A flurry of recent consolidation in the platform market raises questions over the power this new era of mega-platforms could wield over […]
Navigator’s $12 billion life insurance and investment platform, including $1.1 billion in multi-manager product, will be transferred to NAB under an agreement with Aviva Australia to buy its wealth management business for $825 million.
The future remains unclear for Credit Suisse’s former Australian equity team post-Aberdeen acquisition after none of the team were offered positions with Aberdeen’s newly expanded $20 billion business.