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Showing 1 - 10 of 2938 results for "Choice"

Goldman Sachs ditches robo-adviser Marcus Invest

KARREN VERGARA  |  FRIDAY, 26 APR 2024
... our digital investment advisor offering and wanted to find a great home for those customers." "Betterment was the obvious choice for those accounts as we share a deep commitment to customer satisfaction. We look forward to continuing to serve our Marcus ...

How to win in today's wealth management industry: EY

ANDREW MCKEAN  |  WEDNESDAY, 24 APR 2024
To outperform in the wealth management industry, leaders must conquer several "underlying challenges" by 2030, according to an Ernst & Young (EY) report. "Overcoming these challenges is vital if wealth managers are to create value for clients, stakeholders ...

Actuaries Institute proposes new performance test measure

ANDREW MCKEAN  |  TUESDAY, 23 APR 2024
... Additionally, the Institute called on the government to consider a greater role for trustees and the APRA in how areas of choice option underperformance are understood and rectified. It suggested the consequences for failing the test for choice options ...

Vanguard backs current performance test

ANDREW MCKEAN  |  FRIDAY, 19 APR 2024
... ultimately improves outcomes for members," she said. Additionally, Vanguard submitted that mandating product closures for choice investment options isn't appropriate given the "differing nature" of choice members. Although not explicitly in scope for ...

AMP North adviser inflows rise 22%

ANDREW MCKEAN  |  THURSDAY, 18 APR 2024
... business, increasing by 22% on Q1 23 reflecting the continued strategic focus on platform functionality and investment choice that has helped to attract this market. Managed portfolios on our flagship platform North reached $14.9 billion in AUM, continuing ...

Government introduces company merger overhaul

ANDREW MCKEAN  |  WEDNESDAY, 10 APR 2024
... Leigh said. "We want mergers to drive improvements in productivity, to put downward pressure on prices and to deliver more choice for Australians under the pump with the cost of living. These changes will deliver greater benefits to the economy and to ...

Why aged care advice needs tougher regulation

KARREN VERGARA  |  WEDNESDAY, 10 APR 2024
The lack of regulation around aged care advice has led to superficial and often conflicted advice, that can put older Australians at risk of elder abuse, according to Aged Care Steps, which is rallying for tougher protections and laws. Aged Care Steps ...

ETF market to soar 30%: State Street

KARREN VERGARA  |  TUESDAY, 9 APR 2024
... enable investors to select funds, managers and strategies which they believe will create alpha. This creates additional choice in the marketplace, but in order for these strategies to gain traction the issuers will need to develop ETF expertise," he ...

Hejaz awards technology mandate to wealth platform

ANDREW MCKEAN  |  MONDAY, 8 APR 2024
... will enable Hejaz to grow its footprint in Australia, giving Australia's growing Muslim community more options and more choice as to where and how they invest their money," Jowett said. Meanwhile, Hejaz chief executive Hakan Ozyon said Openmarkets' "innovative ...

Financial Conduct Authority cracks down on finfluencers, firms

KARREN VERGARA  |  THURSDAY, 28 MAR 2024
... playing an active role in ensuring the promotion remains compliant, the FCA warned. "They should also be mindful of their choice of influencer when communicating financial promotions. We've seen firms using influencers that may not be appropriate for ...
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