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Showing 1081 - 1090 of 8406 results for "Los"

CBA Group Super overhauls service providers

JAMIE WILLIAMSON  |  TUESDAY, 25 JAN 2022
The contracts for administration, custody and financial advice services at Commonwealth Bank Group Superannuation will soon be handed over to new providers, ending some long-standing relationships. A spokesperson for the super fund confirmed to Financial ...

Mayfair 101 files new appeal

ELIZABETH MCARTHUR  |  TUESDAY, 25 JAN 2022
Mayfair 101 has confirmed it will appeal the 2021 Federal Court decision that found its advertising misled and deceived investors. The notice of appeal was filed on the same day Mayfair was fined $30 million for the misconduct. Mayfair's appeal claims ...

CFD trading declines: Survey

KARREN VERGARA  |  TUESDAY, 25 JAN 2022
ASIC's watchful eye over on the contracts for difference sector has forced investors to retreat from the risky trading strategies. The number of investors transacting in CFDs and foreign exchange in the 12 months to November 2021 declined 15%, Investment ...

Advice industry loses 800 over New Year period

KARREN VERGARA  |  FRIDAY, 21 JAN 2022
The exit of 807 advisers during the Christmas and New Year break leaves the total population close to dipping below the 18,000 mark. There are currently 18,015 practising financial advisers left, according to Rainmaker's modelling of the ASIC Financial ...

Dramatic growth in non-aligned advisers: Research

KARREN VERGARA  |  THURSDAY, 20 JAN 2022
Financial advisers tilted towards the non-aligned sector at an unprecedented rate during 2021, a new report suggests. The 71% drop in adviser numbers came from aligned AFSLs, according to Rainmaker's Financial Adviser Report. The number of aligned ...

Positive hiring outlook for 2022: Research

CHLOE WALKER  |  WEDNESDAY, 19 JAN 2022
Australian business leaders are overwhelmingly confident about their growth prospects in the coming year, according to new research from Robert Half. The latest independent C-suite research indicates that almost three-out-of-four (71%) Australian business ...

AMP hires new head of portfolio management

ELIZABETH MCARTHUR  |  WEDNESDAY, 19 JAN 2022
AMP has appointed a new head of portfolio management for its troubled multi-asset group (MAG), hiring from Pendal. Stuart Eliot will step into the role, heading portfolio management for the $104 billion multi-asset investment arm of AMP. The MAG team ...

Australian billionaires double fortunes during pandemic: Oxfam

CHLOE WALKER  |  MONDAY, 17 JAN 2022
The wealth of Australia's 47 billionaires has doubled to $255 billion in the last two years, according to anti-poverty charity Oxfam. A briefing published today by Oxfam, Inequality Kills, has warned of the deadly nature of the world's growing ...

More work needed to end financial abuse

ELIZABETH MCARTHUR  |  MONDAY, 17 JAN 2022
As the federal government released its draft plan to end violence against women and children, the superannuation industry is calling for action on financial abuse and control. The Australian Institute of Superannuation Trustees (AIST) chief executive ...

Digital advice predicted to soar in 2022

KARREN VERGARA  |  FRIDAY, 14 JAN 2022
Asset managers and superannuation funds will ramp up their digital advice offerings in 2022 as the reality of financial advisers exiting sets in. Technology firm Finura predicts the wealth management and super sectors will invest heavily in digital ...