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Showing 10561 - 10570 of 28277 results for "NOT"

BTFG will pay back grandfathered commissions to customers

KANIKA SOOD  |  WEDNESDAY, 25 JUL 2018
... general manager advice Michael Wright told Financial Standard the exact form in which the clients will receive the payout is not yet clear. However, Wright said the advice business is expecting to pay out more than $20 million to customers when its ban ...

FASEA bumps adviser CPD to 50 hours

JAMIE WILLIAMSON  |  WEDNESDAY, 25 JUL 2018
... qualification. If it is deemed relevant by FASEA, then the requirements under the related degree pathway will apply. If it's considered not related then the adviser will be required to meet the standards via the unrelated degree pathway. To assist advisers ...

SMSFA slams PC draft findings

KARREN VERGARA  |  WEDNESDAY, 25 JUL 2018
... slammed the Productivity Commission for labelling smaller-sized self-managed super funds as "fundamentally flawed" and for not comparing returns on a level playing field. In its submission to the Productivity Commission's draft report released in May ...

Member takes $50 billion industry fund to court

JAMIE WILLIAMSON  |  WEDNESDAY, 25 JUL 2018
... Rest is a $50 billion fund. It has a lot of power and influence and it should do the right thing." At this stage, Rest has not committed to the UN's Principles for Responsible Investment, nor is it a member of the Investor Group on Climate Change or ...

SPECIAL FEATURE: Breaking the custody mould

KANIKA SOOD  |  WEDNESDAY, 25 JUL 2018
... attention where it is most needed. "For example, you might have a particular broker where you know that Friday afternoons are not the best time for them. So if a trade comes Friday afternoon, it is more likely to fail than Monday afternoon," Braga said. ...

Future of superannuation leads FSC Summit

KANIKA SOOD  |  WEDNESDAY, 25 JUL 2018
... distributors are important, the superannuation industry must put clients first as it's their money that the funds manage not the advisers'. "The reason why the industry has not made progress is that we are divided," Cummins said. "We need to ...

Chief economist update: Laissez faire

BENJAMIN ONG  |  WEDNESDAY, 25 JUL 2018
... translates this French phrase as "let do"; my ECO 101 teacher says it's "let it be" (which is more apropos, but he's not French). In a nutshell, the principle states that the Government should not interfere with the laws that govern market and ...

Advisers on scam alert

KANIKA SOOD  |  TUESDAY, 24 JUL 2018
... than the market," Crowe says. "SMSF clients can also get offers to invest or borrow money to invest into the asset. This is not wrong but it can be a potential area of scammers." His rule for clients is: don't invest in a product if you don't understand ...

Industry fund signs stewardship code

HARRISON WORLEY  |  TUESDAY, 24 JUL 2018
... further announcements in coming months," Davidson said. The code requires signatories to commit to its six principles on an 'if not, why not' basis, in addition to publishing a stewardship statement. Industry funds AustralianSuper and HESTA made the ...

Advice firm partners for lending expertise

JAMIE WILLIAMSON  |  TUESDAY, 24 JUL 2018
... home loans, business finance, leases and so on to address their individual and commercial financing needs," Kilborn said. "Not only will the finance broker solution with Thyme provide Cardena clients with access to a broader variety of financial funding ...

Editor's Choice

Treasury responds to Debelle's review into the AOFM

KARREN VERGARA
Treasury has responded to the Guy Debelle-led review into the Australian Office of Financial Management (AOFM), agreeing to all six recommendations.

Bravura ups guidance, reports earnings increase

RIDDHIMA TALWANI
Bravura Solutions informed investors cost discipline will protect its full year earnings result after a client migrated to a Business Process Outsourcing (BPO) early in the year.

MaxCap hires from Vanguard, AustralianSuper

MATTHEW WAI
MaxCap has welcomed two senior directors, including a portfolio manager from Australia's largest super fund, reporting to the recently named chief executive Kylie Robb.

Zenith snags mandate from Granite Bay

MATTHEW WAI
Granite Bay Private Wealth has selected Zenith Investment Partners to support their investment governance and due diligence.

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