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Showing 1061 - 1070 of 2662 results for "SEPA"

ANZ, IOOF revise wealth sale agreement

JAMIE WILLIAMSON  |  TUESDAY, 15 JAN 2019
The sale of ANZ's pensions and investments business may take longer than anticipated with contracts now amended following APRA's regulatory action against IOOF. Providing a further update on the sale, ANZ said it has agreed an amendment with ...

Simpler fee disclosure on ASIC agenda

KARREN VERGARA  |  WEDNESDAY, 9 JAN 2019
Under new proposed changes by the corporate regulator, consumers will be able to compare superannuation funds and investment products more easily. ASIC released its response to Report 581, an independent review conducted by regulatory expert Darren ...

Joint venture to set new ETF standard

JAMIE WILLIAMSON  |  WEDNESDAY, 9 JAN 2019
The world's largest ETF manager and Canada's largest asset manager are looking to transform the Canadian ETF market through a new strategic alliance. BlackRock and RBC Global Asset Management announced a partnership that will deliver the most comprehensive ...

AustralianSuper members exposed to security breach

KARREN VERGARA  |  TUESDAY, 1 JAN 2019
The accounts of about 11,000 AustralianSuper members have been the target of a security breach. Australia's largest superannuation fund, with about 2.2 million members, said it has detected the "unauthorised access," which occurred earlier this ...

IOOF appoints independent reviewer

DARREN SNYDER  |  TUESDAY, 1 JAN 2019
APRA's licence conditions imposed on IOOF require the wealth manager to begin 2019 with the appointment of an independent reviewer who will report to the regulator quarterly. The independent reviewer's role will be to report on IOOF's progress ...

Sahota's fund makes first close

KANIKA SOOD  |  FRIDAY, 21 DEC 2018
Bob Sahota's private debt fund has made its first close, attracting an investor base of superannuation funds, family offices and other sophisticated investors. The Revolution Private Debt Fund I announced a first close on Wednesday. A second close is ...

Praemium renews Asgard contract

DARREN SNYDER  |  WEDNESDAY, 19 DEC 2018
Praemium and Asgard Capital Management have extended their 11-year portfolio administration partnership for at least another three years. The current contract was due to expire in November 2019, however both businesses have agreed to extend the relationship ...

ASIC permanently bans former Apogee adviser

KARREN VERGARA  |  TUESDAY, 18 DEC 2018
A former Apogee Financial Planning representative has been permanently banned from providing financial advice after ASIC found he illegally took $1.4 million from superannuation accounts. ASIC's investigation of Ahmed Saad found he engaged in dishonest ...

Former Paradice managers launch LIT

KANIKA SOOD  |  MONDAY, 17 DEC 2018
A small and mid-cap boutique set up by two former Paradice Investment Management portfolio managers has converted its $440 million strategy to a listed investment trust. Ophir Asset Management's High Conviction Fund has delivered 20.2% per annum ...

Responsible investing rises on advice agenda

DARREN SNYDER  |  THURSDAY, 13 DEC 2018
The proportion of financial advisers who advise on responsible investing has almost doubled in the past two years, the latest industry survey reveals. The Investment Trends 2018 Adviser Product and Marketing Needs Report, which surveyed 766 Australian ...