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Showing 101 - 110 of 7787 results for "Retail"

What you read in 2023

JAMIE WILLIAMSON  |  FRIDAY, 15 DEC 2023
... were transferred to Asgard Independence Plan Division Two which, like the Panorama options, did not transfer to Mercer. 3) Retail super funds plan to merge (July 26) In July, Colonial First State's Avanteos Investments made the decision to close ...

ASIC, APRA slam premium hikes

KARREN VERGARA  |  FRIDAY, 15 DEC 2023
... that the industry is developing a new set of premium labels. "The intention is for these to be adopted by industry for retail advised policies by 1 July 2024. They are also developing guidance for life companies and financial advisers on disclosure and ...

FSCP issues another registration prohibition order

KARREN VERGARA  |  WEDNESDAY, 13 DEC 2023
... from registering as an adviser with ASIC until after 6 December 2025. He is also prohibited from giving personal advice to retail clients on relevant financial products during the prohibition period. The FSCP found that Rogers provided "non-compliant ...

Internal teams to manage 43% of super FUM by 2043: Data

JAMIE WILLIAMSON  |  TUESDAY, 12 DEC 2023
... $50-$100 billion. Rainmaker also predicts that, within a decade, just 15% of institutional super assets will be held by retail funds, driving one-third of all FUM into the hands of internal investment teams. So, while internalisation has already had ...

FSCP serves up registration prohibition order

KARREN VERGARA  |  MONDAY, 11 DEC 2023
... industry, and to ASIC's reputation, if an undischarged bankrupt is permitted to continue to give personal advice to retail clients about relevant financial products". The FSCP also found that Anderson demonstrated a lack of professional judgement ...

ASIC curbs high-risk offers from online trading providers

ANDREW MCKEAN  |  WEDNESDAY, 6 DEC 2023
ASIC has identified a trend among some online trading providers, presenting high-risk investment opportunities to retail investors, a shift emerging amid the fluctuating market conditions and the decline in retail trading activity post-pandemic. In ...

Private markets make concrete inroads with advisers

KARREN VERGARA  |  WEDNESDAY, 6 DEC 2023
... private markets as fund managers pave the way to make opportunities accessible not only to sophisticated investors but also retail clients more than ever. Diversification, enhanced returns, and improved accessibility are some of the benefits that have ...

HNWs require specialist expertise: Report

CHLOE WALKER  |  TUESDAY, 5 DEC 2023
... include tailored portfolio construction and management services, ESG investments, access to bespoke, alternative, and non-retail investment opportunities. In addition, they require consolidated reporting, structured giving expertise, estate planning ...

Pendal manager joins Barings

ELIZABETH FRY  |  MONDAY, 4 DEC 2023
... Sydney executive. The US$351 billion investment manager aims to hire several new staffers for its institutional, wealth and retail businesses in Australia, Greater China and Southeast Asia. Barings has appointed Zoe Cowley as an associate director within ...

Future Group acquires Verve Super

JAMIE WILLIAMSON  |  WEDNESDAY, 29 NOV 2023
... fees, dropping from 0.725% to 0.541%. Recent analysis from Rainmaker Information shows the average ongoing admin fee for retail products is 0.27%. As of this month, the $60 dollar-based admin fee also applies to all members; previously it was not charged ...