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Showing 1091 - 1100 of 3464 results for "Stake"

Pinnacle hires from Schroders

KANIKA SOOD  |  THURSDAY, 19 AUG 2021
... multi-boutique has pushed into overseas markets in recent years, in capital raising as well as boutique partners. In 2020, it took a stake in UK-based emerging markets manager founded by former Stewart Investors team, Aikya Investment Management. Its ...

Updated life code released

ELIZABETH MCARTHUR  |  WEDNESDAY, 18 AUG 2021
The Financial Services Council (FSC) released the second draft of the Life Insurance Code of Practice 2.0 for public consultation. The latest draft of the code was released today, incorporating feedback from the first draft's consultation. The FSC has ...

Engaged members expect more from super

KARREN VERGARA  |  MONDAY, 16 AUG 2021
... with their superannuation fund, many are increasingly shopping around for other providers. This is according to a survey by Stake and Next Gen Investor Research, which canvassed more than 1000 investors. A majority (75%) of super fund members are open ...

Perpetual ups acquisition liability

KARREN VERGARA  |  FRIDAY, 13 AUG 2021
... within the Perpetual Group," the ASX-listed firm said. Perpetual announced in July 2020 that it was seeking to acquire a 75% stake in $64 billion US fund manager Barrow, Hanley, Mewhinney & Strauss (otherwise known as Barrow Hanley). The remaining 25% ...

Every super fund should cover every occupation: FSC

KANIKA SOOD  |  FRIDAY, 13 AUG 2021
The Financial Services Council is consulting on solutions for group insurance cover for members working in hazardous occupations after stapling. FSC said if a MySuper product's default life insurance cover has occupations-based exclusions, a member ...

AMP flags recovery, profit jumps

KARREN VERGARA  |  THURSDAY, 12 AUG 2021
AMP's 57% year-on-year jump in its half-year profit shows positive signs of recovery but it's still a far cry from the company it was four years ago. In the six months to June, the group's underlying net profit after tax hit $181 million ...

ROAR launches interactive SOA tool

KARREN VERGARA  |  TUESDAY, 10 AUG 2021
Financial planning technology firm ROAR Software has launched a Statement of Advice solution that comes with a human avatar. DynamicDocs, launched in partnership with customer engagement video software platform HumanableCX, converts Word-based SOAs ...

New retail investors go digital

ANNABELLE DICKSON  |  TUESDAY, 10 AUG 2021
... holding cryptocurrencies - rather than speculative purposes." Guiamatsia noted newer online trading platforms like SelfWealth, Stake, eToro and Superhero are growing their footprint among these first-time investors due to features such as competitive ...

Final YFYS regulations out, government "backflips" on admin fees

KANIKA SOOD  |  MONDAY, 9 AUG 2021
In final YFYS regulations released last week, the government now wants super fund to be only tested on last year's administration fees instead of eight years' average in the APRA performance test. The last minute changes to the Your Future ...

Single disciplinary body consultation opens

KARREN VERGARA  |  FRIDAY, 6 AUG 2021
Senator Jane Hume opened consultations on the highly anticipated Better Advice Bill in a bid to iron out the details on how the Financial Services and Credit Panel will operate. This afternoon, the Morrison government asked for feedback relating to ...