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Showing 1151 - 1160 of 8462 results for "Day"

Value managers fight back: Mercer

KARREN VERGARA  |  TUESDAY, 20 APR 2021
Value fund managers made a highly anticipated comeback in the first quarter of 2021, Mercer's latest analysis of Australian equities performance shows. In the year to March 2021, the Australian Shares Investment Manager Performance Survey revealed ...

Former Aon Hewitt adviser banned

ELIZABETH MCARTHUR  |  TUESDAY, 20 APR 2021
ASIC has banned a former authorised representative of Aon Hewitt from providing financial services for four years. Andrew Hills has been banned following ASIC surveillance. He was an authorised representative of Aon Hewitt from February 2009 to December ...

Chief economist update: Bubble, bubble getting out of trouble

BENJAMIN ONG  |  MONDAY, 19 APR 2021
"Come fly with me, let's fly, let's fly away..." -Frank Sinatara It didn't happen overnight, but it's happening... now. The Trans-Tasman bubble is here! After more than a year - I recall watching Qantas' chief executive saying it's ...

Delay breach reporting law: AFA

KARREN VERGARA  |  FRIDAY, 16 APR 2021
The Association of Financial Advisers wants to defer the proposed self-reporting of breaches regime amid concerns it will be impossible for small financial advice firms to comply with. The AFA outlined its concerns about Commissioner Kenneth Hayne's ...

ASIC extends advice relief measure

KARREN VERGARA  |  THURSDAY, 15 APR 2021
ASIC is extending the relief measure that allows financial advisers to provide a Record of Advice (ROA) rather than a statement of advice (SOA) until October 15. The decision to extend the relief measure came after consulting with the industry, the ...

ETFs crack $100bn

KANIKA SOOD  |  WEDNESDAY, 14 APR 2021
... at the end of March. There are now 220 ETFs listed on the ASX. In March, their investors made roughly 18,685 ETF trades a day with average daily trading volume of $355.4 million. Their March end FUM of $102 billion is 80% higher than $56.6 billion 12 ...

How advisers can capture young risk clients

KARREN VERGARA  |  WEDNESDAY, 14 APR 2021
... they do have children, many young Australians are concerned about competing financial priorities, feeling preoccupied with day-to-day family expenses and paying their bills," the report read. "Additionally, the sheer volume of policies available, their ...

EISS Super, TWUSUPER explore merger

KANIKA SOOD  |  TUESDAY, 13 APR 2021
The two industry superannuation funds have signed a memorandum of understanding to weigh a potential merger. If the merger proceeds, the combined fund will have about 130,000 members and $12 billion in funds under management. In a joint statement, the ...

Chief economist update: ScoMo cannot miss new vaccination target

BENJAMIN ONG  |  TUESDAY, 13 APR 2021
... much of a stir from many citizens. Perhaps, it's because the announcement was drowned out by news that broke on the same day of the death of Prince Philip, Duke of Edinburgh. Perhaps not. A more rationale rational is that with cases of COVID-19 infections ...

AustralianSuper subverts stapling logic

KARREN VERGARA  |  FRIDAY, 9 APR 2021
... in accounting for total expenses. Silk said: "Members are entitled to strong investment performance, but at the end of the day it is the net returns to members - that is, what they receive in their accounts after investment performance, fees and charges ...