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Showing 1151 - 1160 of 2786 results for "TES"

Super funds recognised in UNPRI awards

KRISTI CHENG  |  WEDNESDAY, 11 SEP 2019
A number of Australian superannuation funds have been recognised for their responsible investing efforts by the UNPRI. The inaugural PRI Awards have been presented, highlighting individually excellent projects across the United Nations-backed Principles ...

Merger costs may impact short-term returns: ASI

KANIKA SOOD  |  WEDNESDAY, 4 SEP 2019
Merging superannuation funds may see a one-off dip in their investment performance as they recoup transition costs, according to a panel at the 2019 Australian Superannuation Investment Conference. Appearing on the panel, Tasplan chair Naomi Edwards ...

APRA slaps traffic light ratings on super funds

KARREN VERGARA  |  TUESDAY, 3 SEP 2019
The prudential regulator confirmed a "traffic light" system aimed at weeding out underperforming superannuation funds is currently in the works. Deputy chair Helen Rowell flagged APRA is developing a heat map based on four key areas -investment returns ...

Beware adviser conflicts of interest: Lonsec

ELIZABETH MCARTHUR  |  WEDNESDAY, 28 AUG 2019
Managed accounts have the potential to create significant conflicts of interest and conflicted remuneration for advisers. According to Rainmaker data, 29% of the investment platform market in Australia is in managed accounts already and that number ...

ASIC clamps down on poor advice, grandfathered commissions

KARREN VERGARA  |  WEDNESDAY, 28 AUG 2019
ASIC warned it will clamp down on financial advice misconduct and ensure it sees an end to grandfathered commissions. The corporate watchdog outlined its priorities for the advice sector between now and 2023 in its recently released Corporate Plan. ...

Super debate too one dimensional: Rice Warner

HARRISON WORLEY  |  MONDAY, 26 AUG 2019
The research house has taken umbrage at the public commentary of several influential players over superannuation's eternal policy debate. In a post on its website on Friday, Rice Warner noted the continuous tinkering with the super industry had ...

Government should intervene in BOLR changes: Opposition

JAMIE WILLIAMSON  |  FRIDAY, 23 AUG 2019
The NSW shadow minister for finance and small business has asked what the state government is doing for advisers facing financial ruin as a result of AMP's plan to change Buyer of Last Resort terms. Speaking in NSW parliament earlier this week ...

Chief economist update: Jerome is in the Hole

BENJAMIN ONG  |  FRIDAY, 23 AUG 2019
US Federal Reserve chairman Jerome Powell's in the Hole - the annual Jackson Hole symposium, that is. Out of or deeper into the (Jackson) hole? Powell's all too aware that he has to mind his Ps and Qs because his every word would be sliced ...

CFA exam results out, record participation

KRISTI CHENG  |  THURSDAY, 22 AUG 2019
More than half of the candidates for the Level III CFA Program exam in June passed, CFA Institute announced. The 21,000-plus (56%) candidates - out of 38,377 - for the exam are now eligible to become CFA charter holders, pending verification of professional ...

Chief economist update: Wheels of US recession in motion

BENJAMIN ONG  |  THURSDAY, 22 AUG 2019
"Your breath first kindled the dead coal of wars And brought in matter that should feed this fire; And now 'tis far too huge to be blown out With that same weak wind which enkindled it." - The Life and Death of King John Bill Shakespeare might just ...