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Showing 11181 - 11190 of 28277 results for "NOT"

Russell revamps ESG scoring system

ALEX BURKE  |  TUESDAY, 20 FEB 2018
Russell Investments is rolling out a new environmental, social and governance scoring system that aims to identify factors that could materially affect a company's financial performance. Russell argued the new system allows for more accurate predictions ...

WAM calls to remove Aurora as RE of listed trust

ALEX BURKE  |  TUESDAY, 20 FEB 2018
... said. At the time of writing, AIB was trading at roughly an 18% discount to net tangible assets. WAM commented that "this is not a decision we have taken lightly," adding: "As the responsible entity for AIB, Aurora has a duty under section 601FC(1)(c) ...

ANZ adopts life insurance code

KARREN VERGARA  |  TUESDAY, 20 FEB 2018
... code sets standards for superannuation funds offering insurance on an automatic basis to be appropriate, affordable and does not erode retirement income. In committing to the code, ANZ said it will provide customers with an improved experience and ensure ...

NAB redundancies in full swing

KARREN VERGARA  |  TUESDAY, 20 FEB 2018
The Finance Sector Union of Australia believes NAB is not doing enough to retrain or reskill the 6000 employees that will be made redundant over the next three years. Finance Sector Union of Australia (FSU) national secretary Julia Angrisano said many ...

Chief economist update: The dog ate my growth target

BENJAMIN ONG  |  TUESDAY, 20 FEB 2018
... the slowest since July 2017. But nah. Looking at the money and credit stats from a historical perspective, the economy is not going to the dogs. Money and lending have always jumped before China's Lunar New Year before drifting back as the year progresses. ...

ATO closely monitoring SMSF balance caps

KARREN VERGARA  |  MONDAY, 19 FEB 2018
... by the new transfer balance cap or changes to the tax treatment of transition-to-retirement income streams and whether or not they wish to use the transitional CGT relief that is available," he said. Secondly, SMSFs with members who took advantage of ...

Don't blame ETFs: Spot poll

KARREN VERGARA  |  MONDAY, 19 FEB 2018
Exchange-traded funds (ETFs) are not at fault for the recent global equities sell-off and should not be blamed for the next financial market meltdown. This is the view of 68% of respondents polled in Financial Standard's survey last week, who said ETFs ...

Best interest duty failures lead to EU

JAMIE WILLIAMSON  |  MONDAY, 19 FEB 2018
... financial products; often resulting in the use of a single fund the firm had a relationship with, HUB24. Further, clients were not provided with statements of advice for the financial product advice they received. In response, HUB24 said it had no commercial ...

Institutions suffer financial adviser drain

ALEX BURKE  |  MONDAY, 19 FEB 2018
About one in 10 financial advisers swapped their licensee in 2016-17 - and 56% of these either stayed in or migrated to non-institutional options, according to Rainmaker research. Another third of those 2100 advisers migrated to institutional licensees ...

FSC launches asset manager governance regime

ALEX BURKE  |  FRIDAY, 16 FEB 2018
... internal governance and asset stewardship. It's also designed to be "principles-based" rather than prescriptive. "Given that not all fund managers are the same, the standard does not attempt to impose conformity, but takes a 'comply or explain' approach," ...