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Showing 101 - 110 of 1691 results for "Royal"

'Just do what you say you'll do': ASIC's message to trustees

JAMIE WILLIAMSON  |  FRIDAY, 10 MAY 2024
... or cold calling altogether. "Unfortunately, some funds and advisers are forgetting the lessons of the Financial Services Royal Commission and the horror of 'fees for no service'. Right now, some within the industry are calling for the removal ...

The top investment funds over the past year

ANDREW MCKEAN  |  FRIDAY, 10 MAY 2024
... Long Short Fund led international equities large-cap strategies with a 37.5% annual return. It was followed by the Ironbark Royal London Concentrated Global Share Fund (22.9%) and GQG Partners Global Equity Fund (22.8%). For Australian equities large ...

Advisers must unite for major reforms: SIAA

KARREN VERGARA  |  THURSDAY, 9 MAY 2024
... chance of then implementing the change is greater." The advice industry has endured substantial reforms since the Hayne Royal Commission. The most recent round of changes aims to streamline some process documents such as the ongoing fee renewal and consent ...

Pinnacle backs fledgling UK boutique

KARREN VERGARA  |  FRIDAY, 3 MAY 2024
After ditching Royal London Asset Management (RLAM), the former global equities team is joining Pinnacle Investment Management as a fledgling affiliate. RLAM head of equities Peter Rutter and several of his global equities team members have sought refuge ...

Australian Retirement Trust applies new investment exclusion

ELIZA BAVIN  |  THURSDAY, 2 MAY 2024
From July 1, Australian Retirement Trust (ART) will add thermal coal to its list of exclusions. ART currently applies three exclusions when directly investing in Australian and international share asset classes across all its investment options, being ...

AMP executive pay packet shrinks amid simplification

KARREN VERGARA  |  MONDAY, 15 APR 2024
... benchmark against peers. This is amidst AMP's aggressive simplification program which has been in play since the Hayne Royal Commission and led to the divestment of several business units, including AMP Capital and SuperConcepts. "For executives ...

'Licensee for hire' fined $1.25m by court

JAMIE WILLIAMSON  |  THURSDAY, 11 APR 2024
... ASIC's investigation rather than Lanterne self-reporting the issues, and that the conduct occurred in the aftermath of the Royal Commission. "Lanterne, through Mr Cozens, should have known better," Justice McEvoy said. He said the $1.25 million penalty ...

Industry funds set to gobble up over 50% of superannuation assets

ANDREW MCKEAN  |  THURSDAY, 21 MAR 2024
... package. Retail funds will also grow, but at a slower rate reflecting the gradual remediation of issues raised by the Hayne Royal Commission. SMSFs will remain popular, but their growth is expected to be less strong for pre-retirement assets. Meanwhile ...

Taskforce suggests aged care funding be based on personal wealth

JAMIE WILLIAMSON  |  TUESDAY, 12 MAR 2024
... determined by their personal wealth, including superannuation, rejecting the idea of an aged care levy. On the back of the Royal Commission into Aged Care Quality and Safety, the taskforce was established last year to determine the best means of funding ...

Advice PDMs, BDMs at inflection point: Survey

KARREN VERGARA  |  MONDAY, 4 MAR 2024
... (PDM) and business development managers (BDM) by Business Health looked at how these roles have evolved since the Hayne Royal Commission. Business ready IV found that the roles of PDMs and BDMs, while costly in terms of salaries, can add enormous value ...