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Showing 1181 - 1190 of 9406 results for "Level"

AFCA secures $900m in compensation

CASSANDRA BALDINI  |  MONDAY, 21 NOV 2022
... advisers as well as underwriting agencies generate the most complaints. The one-stop-shop for disputes added the highest level of product complaints related to credit cards, home loans, personal transaction accounts, personal loans, and MV - comprehensive ...

Super funds told to report asset valuations more frequently

ANDREW MCKEAN  |  FRIDAY, 18 NOV 2022
... investment options through consideration of benefit design, member demographics, the range of investment options offered, and the level of transactional activity," the regulator said. As such, RSE licensees are directed to develop and monitor early warning ...

Super is enabling private market democratisation: PGIM

ANDREW MCKEAN  |  FRIDAY, 18 NOV 2022
... liquidity needs of their portfolio," he said. "This kind of model can get very complicated very, very quickly, but at a high-level, investors need a framework that enables them to look at all aspects of their portfolio, both the public as well as the ...

If it ain't broke, don't fix it: Graham

CHLOE WALKER  |  FRIDAY, 18 NOV 2022
... generally are a disaster. They're bureaucratic, they're intimidating, and they're frankly useless documents on any level," he said. "One of the things Michelle Levy says is that you don't need SOAs because you have file notes. Well, the ...

NAB to wind up custody business

JAMIE WILLIAMSON  |  FRIDAY, 18 NOV 2022
The big four bank has confirmed it will close NAB Asset Servicing, following years of mandate losses. The move comes as part of the bank's ongoing strategic review, having tried to offload the business for several years now. It will be wound up ...

Evidence of poor LRBA advice: Report

ANDREW MCKEAN  |  THURSDAY, 17 NOV 2022
A second Council of Financial Regulators (CFR) report, Leverage and Risk in the Superannuation System, says there continues to be evidence of individuals receiving advice regarding the use of limited recourse borrowing arrangements (LRBAs) that could ...

Financial services sector reports highest rates of burnout

CASSANDRA BALDINI  |  WEDNESDAY, 16 NOV 2022
... were likely or very likely to leave in the next 12 months. This also means it is one of the industries with the highest level of churn. Around 11% of the industry said they are "quiet quitting" while 48% said they wouldn't go above and beyond unless ...

Janus Henderson announces board changes

CHLOE WALKER  |  WEDNESDAY, 16 NOV 2022
The global manager has appointed John Cassaday as its new chair of the board, following the retirement of Richard Gillingwater. Cassaday currently serves as chair and member of the corporate governance and nominating committee for Canadian multi-national ...

Magellan seeks $1m increase to director fees

ANDREW MCKEAN  |  TUESDAY, 15 NOV 2022
Magellan is seeking to increase the maximum remuneration paid to all non-executive directors from $750,000 to $1.75 million. Magellan has scheduled an Extraordinary General Meeting to vote on the matter on December 14. The last time shareholders approved ...

Man GLG launches Asia Opportunities Fund

CASSANDRA BALDINI  |  MONDAY, 14 NOV 2022
... the Asian region generally," he noted. Swan added that compared to the situation in developed markets, there is a lower level of speculation in Asian asset prices to be unwound. "This presents good opportunities for astute investors," he said. GSFM chief ...