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| | | ... resulted in exclusions or loadings being applied to the new policy. ASIC said in 19 cases "it appeared that the adviser had not made adequate inquiries into the customer's pre-existing medical condition(s) before providing the advice." It added the new ... |
| | | | ... and change its ticker code to CLF. In an enclosed letter, Sokulsky explained that the investment mandate for ALR/CLF will not change, "with the focus being on the largest 200 companies listed on the ASX, overall capital growth and the delivery of a sustainable ... |
| | | | ... adjustments. Specifically, the FSC noted that ASIC considered "file documentation alone" as the deciding factor in whether or not advice was compliant, rather than consulting with individual clients or advisers. "It is the FSC's view that, before drawing ... |
| | | | ... interest can be improved. ASIC revealed more work is underway to ensure the quality of advice provided by the large institutions not only improve, but is also monitored systematically, and proper remediation is in place for serious compliance failings. ... |
| | | | ... executive David Atkin welcomed the consultation process, but said the Government needs to take further steps to ensure people do not miss out on their legal entitlements, which is by aligning super payments with wages. "Our fund represents members working ... |
| | | | ... and respective dealer groups. In reviewing case files provided by the institutions, ASIC found 75% of the customer files did not comply with the best interests duty and its related obligations. In these instances, the adviser had either failed to sufficiently ... |
| | | | ... term, the strength of the dollar is a reflection of the strength of the US economy..." Hopefully, Mnuchin's "long-term" is not as long as John Maynard Keynes' because to quote, "for in the long run, we are all dead". Ben Ong is the Director of Economics ... |
| | | | ... infrastructure development must reconsider investment approaches in 2018 as tried-and-tested project management models do not fit modern demands. Global infrastructure financing firm AECOM recently surveyed more than 500 infrastructure professionals ... |
| | | | Paradice Investment Management is welcoming a new portfolio manager to its mid-cap team. James McBeath joins Paradice from Northcape Capital, where he was an analyst for three years and then a portfolio manager for mid and small-caps. Before that, he ... |
| | | | ... active manager is, they will go through performance cycles and inevitably underperform for a period of time. While this may not be an issue for investors who are truly long-term oriented, many investors oftentimes do not have the ability to tolerate ... |
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