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Showing 121 - 130 of 37620 results for "Will"

Wholesale investor test reform has several ramifications: SIAA

KARREN VERGARA  |  TUESDAY, 14 MAY 2024
... wholesale investor test potentially have sprawling ramifications for financial advisers and is something some experts say will need to be thoroughly nutted out before the government pushes any reforms over the line. Potentially updating the 22-year-old ...

Advisers urgently call on Treasury to recognise degrees

KARREN VERGARA  |  TUESDAY, 14 MAY 2024
... know there are very few Professional Year candidates currently progressing with our member firms. The number of new entrants will not replenish the advisers who are going to be retiring over the coming years. Growth of adviser numbers is impossible under ...

Spaceship expands Voyager suite

JAMIE WILLIAMSON  |  TUESDAY, 14 MAY 2024
... and cash assets in the mix as well. It targets medium returns with a suggested minimum timeframe of five years. Investors will be charged a monthly fee of $2 plus 0.35% per annum management fee. Some of the companies held in the Galaxy portfolio include ...

Head of institutional capital departs MA Financial

JAMIE WILLIAMSON  |  TUESDAY, 14 MAY 2024
... equity strategies. Pyke is joining JLL, taking on the role of co-head of equity advisory for Australia and New Zealand. He will work alongside co-head of equity advisory, Australia and New Zealand Luke Prokuda. "By joining the team, Mike will not only ...

Former super fund adviser receives permanent ban

JAMIE WILLIAMSON  |  TUESDAY, 14 MAY 2024
A financial adviser, who worked at several major superannuation funds, has been permanently banned after he tried to persuade clients to transfer their retirement savings into a bank account he controlled. Effective May 10, Kudzanai Philip Dzawo of ...

Australian Food Super closes failed investment option

JAMIE WILLIAMSON  |  TUESDAY, 14 MAY 2024
... the fund's highest return for the year to March 2024 end, coming in at 14.12%. For members in the option, their investment will be transferred and split evenly across the two new options. The new Australian Shares option has a target return of inflation ...

FAAA calls for 'fairness' ahead of Budget

ELIZA BAVIN  |  TUESDAY, 14 MAY 2024
... single financial advice sub-sector, as the entirety of the sector benefits from consumers having confidence that fraudsters will be actively pursued," she said. Abood added that it is vital the government ensure fairness and better manages the costs ...

Advisers should leverage US tech blueprint: SIAA panel

KARREN VERGARA  |  TUESDAY, 14 MAY 2024
... investment assistant for advisers, stressed that despite the rapid technological advancements, the likes of generative AI will not replace advisers but support them. Joining the conference from New York, Juniper shared that the fastest-growing channel ...

Pacific Current sells stake in investment firm to Goldman Sachs

ELIZA BAVIN  |  TUESDAY, 14 MAY 2024
... Pennybacker and all its 2.5% carried interest entitlement for Pennybacker funds launched after PAC's initial investment. PAC will receive around US$35.2 million (AU$53.3 million), comprised of US$4.8 million at closing, followed by equal payments of ...

UniSuper restores online services, app

JAMIE WILLIAMSON  |  MONDAY, 13 MAY 2024
... conducting a full review of the incident to ensure that wherever possible we minimise the risk of disruption in the future. "We will assess this incident and ensure we are best positioned to deliver services members expect and deserve." UniSuper's ...