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Dover exit renews self-licensing calls

ALEX BURKE  |  MONDAY, 25 JUN 2018
The collapse of Dover Financial Advisers has left more than 400 advisers with a narrow 30-day window to sign on with a new licensee, renewing calls for a more straightforward self-licensing regime. It's unclear at this stage where those 400 advisers ...

QIC continues US expansion

HARRISON WORLEY  |  FRIDAY, 22 JUN 2018
... will ensure we continue to bring excellence to our clients," Frawley said. "We had several very strong internal candidates apply for this role - testament to the strength we have at our senior leadership level - and we are pleased to have such a good ...

Efficiency and transparency drive client satisfaction during life claims: Beddoes

HARRISON WORLEY  |  THURSDAY, 21 JUN 2018
Latest Beddoes Institute research reports client satisfaction at claim time is driven by two key factors. Efficiency in claims lodgement, and assessment processes backed by transparent ongoing claims management are the strongest drivers of client satisfaction ...

Multi-disciplinary industry trend continues: CBA

JAMIE WILLIAMSON  |  WEDNESDAY, 20 JUN 2018
About half of all accounting firms are considering a move into financial planning. According to Commonwealth Bank, 43% of Australia's accounting firms are planning to add or grow their wealth management and financial planning capabilities in the ...

Age pension application difficult: Report

HARRISON WORLEY  |  WEDNESDAY, 20 JUN 2018
... Australia where people have worked hard and paid taxes their whole life, it's simply not fair that government makes it hard to apply for the Age Pension," he said. "We worked with seniors to better understand how they prefer to interact with technology ...

Australia should consider Islamic finance to bridge infrastructure gap

ALEX BURKE  |  MONDAY, 4 JUN 2018
... asset-rich, infrastructure-poor reality is becoming increasingly well-known, solutions seem too hard for the nation's leaders to apply," he explained. "This can't be allowed to continue. It is not enough to simply be the 'lucky country'. We need to think ...

Chief economist update: Capex and credit and the trade war

BENJAMIN ONG  |  FRIDAY, 1 JUN 2018
... Here's a run-down from the LA Times: "Canada, the largest exporter of steel and aluminum to the United States, said it would apply counter-tariffs of 25% and 10% on $16.6 billion worth of American metals, farm goods and other products, to take effect ...

Responsible investment now mainstream

ALEX DUNNIN  |  THURSDAY, 31 MAY 2018
... identified 75 responsible investment options available through super funds. The RIAA report reveals 60% of super funds now apply fund-wide exclusions, RIAA chief executive Simon O'Connor said. In 2016 only 34% of funds reported such fund-wide strategies. ...

Parametric wins $60m global equities mandate

ALEX BURKE  |  TUESDAY, 29 MAY 2018
Parametric won a $60 million mandate for its tax-managed indexing (TMI) strategy from an $8.5 billion super fund. Australian Catholic Superannuation and Retirement Fund (ACSRF) previously awarded Parametric an after-tax passive global equities mandate ...

Chief economist update: Should have sold in May and gone away

BENJAMIN ONG  |  TUESDAY, 29 MAY 2018
... (January) - by May 14 it had almost prompted me to declare that 2018 is one of the years that the "sell in May" adage didn't apply. Apart from the uptrend generating its own upwards momentum, Australian domestic fundamentals, while not strong, are ...