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Showing 91 - 100 of 309 results for "Merit"

MLC launches new advice business

JAMIE WILLIAMSON  |  MONDAY, 25 MAY 2020
MLC has introduced a new advice business to the market, retiring the Apogee, Garvan and Meritum brands and appointing a general manager to lead the venture. Following on from the announcement in August last year that Apogee, Garvan and Meritum would ...

Currency-hedged ETFs gather pace

KANIKA SOOD  |  MONDAY, 18 MAY 2020
Currency-hedged funds took four of the top 10 spots in ETF inflow league tables for April, in what may suggest local investors' conviction to a change in US dollar's strength. April saw net inflows of about $1 billion into ASX-listed ETFs, taking ...

Aussie equities winners, losers revealed

ALLY SELBY  |  WEDNESDAY, 29 APR 2020
... large-cap managers have fared during the highs of 2019 and the lows of 2020. The coronavirus crash has renewed debate on the merit of active investing over passive, which had struggled in a one-way market marching ever higher. But not all active strategies ...

IOOF, CountPlus, Iress want better path to fee consent

ELIZABETH MCARTHUR  |  FRIDAY, 24 APR 2020
Licensees and platform providers have joined forces to call for a consistent industry approach to managing the Advice Fee Consent legislation. The proposed legislation, which is part of the government's Royal Commission reforms, requires platform operators ...

QSuper board takes AFCA decision to court

KANIKA SOOD  |  THURSDAY, 16 APR 2020
... grounds, namely that if AFCA did not in fact consider CA s1017B(4), it erred in so doing." The court determined there was no merit in that ground either.

MLC waives licensee fees, delays dealer group transitions

JAMIE WILLIAMSON  |  WEDNESDAY, 1 APR 2020
MLC Wealth is waiving licensee fees for all of its aligned financial advisers as they struggle to operate their businesses and provide support to clients during unprecedented uncertainty. It has also delayed the transition of advisers from Apogee and ...

Stopping SG is nuclear response to COVID-19

ELIZABETH MCARTHUR  |  THURSDAY, 12 MAR 2020
... Rainmaker head of research Alex Dunnin said the idea of pausing super contributions in economically tough times has some merit - and some precedence. In 1998 in response to the Asian Financial Crisis the Singapore government did just that. "In Singapore ...

Three ETFs axed by Morningstar

KANIKA SOOD  |  TUESDAY, 25 FEB 2020
... to decreasing client demand and in order to reallocate our analysts to research other strategies with stronger investment merit," fund analyst Ksenia Zaychuk said in a note sent to clients. "After that date, please discontinue using research reports ...

Nowra man lies to ASIC, jailed

ELIZABETH MCARTHUR  |  MONDAY, 17 FEB 2020
A 73-year-old man from Nowra in New South Wales is facing two years imprisonment for giving false or misleading information to ASIC about shareholding. John Lindsay Merity was sentenced to a term of two years imprisonment, with a minimum of one year ...

PIMCO puts Aussie LIT on ice

KANIKA SOOD  |  MONDAY, 3 FEB 2020
The fixed income giant has pulled the brakes on its $1 billion listed investment trust, as the Treasury conducts a public consultation on stamping fees for LICs and LITs. PIMCO announced plans to raise for the LIT in November last year, in what was ...