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Showing 10651 - 10660 of 28277 results for "NOT"

Cash is cash, APRA tells super funds

KANIKA SOOD  |  MONDAY, 2 JUL 2018
... instruments, credit-default swaps, loans and other credit instruments - which it says don't qualify as cash. "These assets do not typically exhibit the characteristics necessary to be considered as cash or cash equivalent," the regulator said in ...

Average superannuation balances double, female savings lag

HARRISON WORLEY  |  MONDAY, 2 JUL 2018
... adequate level of superannuation more equivalent to their male counterparts." Morris added however that superannuation was not the be-all-and-end-all when it came to retirement funding. "Obviously retirement funding is not just about superannuation ...

Sydney boutique shutters

JAMIE WILLIAMSON  |  MONDAY, 2 JUL 2018
One of the boutique fund managers under Challenger's Fidante Partners' multi-manager umbrella has closed. A spokesperson for Fidante confirmed Tempo Asset Management has closed after failing to reach sufficient scale of assets under management since ...

Chief economist update: US inflation hits target

BENJAMIN ONG  |  MONDAY, 2 JUL 2018
... countries would be better for the domestic economy. To be sure, consumers' judgements about the impact of higher tariffs will not crystalise until they gain more experience with actual changes in product prices and domestic employment. While tariffs ...

Dover AFSL cancelled, McMaster exits industry

JAMIE WILLIAMSON  |  FRIDAY, 29 JUN 2018
... request to have its licence cancelled. Due to McMaster's significant involvement in this conduct, ASIC stated McMaster is not of good fame and character and is likely to contravene financial services law in future. The regulator has also determined that ...

Catholic Super backs Modern Slavery Act

KANIKA SOOD  |  FRIDAY, 29 JUN 2018
... accurate information about how companies are managing slavery risks," ACSI chief Louise Davidson then said. "Companies that do not take investor concerns about slavery on board are likely to be judged by our members as less attractive investments." She ...

BNP Paribas wins $378bn admin mandate

KARREN VERGARA  |  FRIDAY, 29 JUN 2018
... custody services for DWS' actively-managed funds in Germany and Luxembourg. A spokesperson from DWS said the change will not impact the Australian operation, which doesn't not have a fund operations unit here. DWS chief operating officer Jon ...

Aussie funds to access Asian markets

KANIKA SOOD  |  FRIDAY, 29 JUN 2018
... complex withholding tax system for funds management raises little money, but harms our competitiveness. If withholding taxes are not reformed, Australia's fund managers will be at a major disadvantage in the passport," Loane said. "This is because ...

ASIC slams SMSF advice, flags further education reform

JAMIE WILLIAMSON  |  FRIDAY, 29 JUN 2018
... 250 client files from 102 different AFSLs, ASIC found 91% of files contained financial advice on setting up an SMSF that did not comply with the best interests duty or related obligations. Of the 102 licensees, 97 were found to have provided non-compliant ...

AstuteWheel speeds up risk advice timeframe

KARREN VERGARA  |  FRIDAY, 29 JUN 2018
... for clients. It's also really reducing the cost of providing advice and giving advisers more time to focus on strategy, not paperwork," he said. YTML recently rolled out an automated solution that generates high volumes of personalised SOAs. "The ...