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Showing 1071 - 1080 of 2615 results for "RECOGNISE"

ClearView defends risk advice commissions

KARREN VERGARA  |  TUESDAY, 26 MAR 2019
ClearView is countering Commissioner Kenneth Hayne's recommendation to reduce or eliminate commissions financial advisers earn from life insurance products. It is "way too early," ClearView wrote in an email to advisers, to consider tinkering with ...

FASEA confirms CFP recognition

HARRISON WORLEY  |  TUESDAY, 26 MAR 2019
The Financial Adviser Standards and Ethics Authority will recognise those financial advisers holding a Certified Financial Planner accreditation. On Monday, FASEA confirmed those who have completed the Financial Planning Association of Australia's Certified ...

NAB ends introducer payments

ELIZABETH MCARTHUR  |  TUESDAY, 26 MAR 2019
National Australia Bank will no longer make referral payments to introducers. NAB chief executive Philip Chronican said ending "introducer" payments was part of NAB's ongoing efforts to be a better bank following the Royal Commission. He said: "Through ...

AMP scraps bonuses

ELIZABETH MCARTHUR  |  WEDNESDAY, 20 MAR 2019
... understands that many of our shareholders are disappointed with AMP's business and financial performance in 2018." "We recognise that many of our shareholders voted against the 2017 remuneration report in response to wider issues in the business, as ...

Industry fund chief executive to depart

JAMIE WILLIAMSON  |  WEDNESDAY, 20 MAR 2019
The long-serving chief executive of an industry superannuation fund is stepping down and the hunt is on for a replacement. REI Super chief executive Mal Smith will leave the $1.5 billion fund later this year, choosing not to pursue another contract ...

TAL goes back-to-back at AFA awards

HARRISON WORLEY  |  MONDAY, 18 MAR 2019
... the industry acknowledged for enabling advisers to provide security to their clients. "We believe it is important to recognise those financial organisations who are delivering outstanding products and services to financial advisers and their clients ...

Swiss group acquires stake in local wealth firm

KANIKA SOOD  |  THURSDAY, 14 MAR 2019
A Swiss private banking group has bought a 51% share in an Aussie wealth firm, as the two form a long-term strategic partnership to expand globally. EFG International paid $61.2 million for the stake in Shaw and Partners, valuing the company at $120 ...

AMP Capital scores AFL stadium interest

HARRISON WORLEY  |  THURSDAY, 14 MAR 2019
With the launch of the new footy season just around the corner, AMP Capital has made a big play in Perth's Optus Stadium, home to AFL clubs Fremantle Dockers and West Coast Eagles. The investment manager has acquired a 50% interest in Westadium ...

Smaller platforms continue to excel

HARRISON WORLEY  |  WEDNESDAY, 13 MAR 2019
Smaller platform players continue to make gains against their institutional competitors, according to Investment Trends' latest report. Netwealth and HUB24 were top of the platform pile in 2018 according to the firm's annual benchmarking and ...

Boutique fund manager drops fees

JAMIE WILLIAMSON  |  WEDNESDAY, 13 MAR 2019
A boutique funds management group is reducing the management fees on one of its signature funds. Premium China Funds Management is dropping the management fee on its Premium Asia Fund by 45 basis points. This will sit alongside the removal of the performance ...