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Showing 1201 - 1210 of 3209 results for "Power"

Chi-X forced to be client of competition

ELIZABETH MCARTHUR  |  MONDAY, 4 NOV 2019
Disrupter stock exchange Chi-X has revealed it is forced to be a client of its competition - the ASX. The ASX currently has a monopoly when it comes to clearances and settlements in Australia. Chi-X chief operating and technology officer Mike Aikins ...

Super investment menus not what they seem: Rice Warner

ELIZABETH MCARTHUR  |  FRIDAY, 1 NOV 2019
New insights from Rice Warner questions whether superannuation investment menus are really appropriately designed for members. Since the Treasury Laws Amendment (Design and Distribution Obligations and Product Intervention Powers) Bill 2018 passed in ...

Inflation the forgotten risk to retiree portfolios

HARRISON WORLEY  |  WEDNESDAY, 30 OCT 2019
... a "base case risk", advisers should think about how to manage it because it still presented a real risk to the spending power of retiree clients. He said that by making a simple shift from government bonds to inflation linked bonds, advisers could ensure ...

Chief economist update: Arrivederci Signor Draghi

BENJAMIN ONG  |  WEDNESDAY, 30 OCT 2019
Super "whatever it takes" Mario Draghi's final outing as president of the European Central Bank (ECB) came and went without much fanfare. The ECB kept monetary policy settings unchanged at its October 24 meeting. This is to be expected after it ...

Powerwrap appoints director

HARRISON WORLEY  |  MONDAY, 28 OCT 2019
Wealth management platform Powerwrap shuffled its board, after the resignation of a director. Fiona Boyd has been appointed as a director of the platform provider, after Donna Hardman stepped away from the board for personal reasons. Currently the chief ...

Chief economist update: Is the A$ becoming a safe-haven currency?

BENJAMIN ONG  |  MONDAY, 28 OCT 2019
... budget deficit of 4.6% of GDP for America. Another factor that determines relative exchange rates is inflation. Purchasing power parity dictates that the currency of the country with higher inflation must depreciate to adjust for price growth differences. ...

ASIC imposes AFSL conditions on IOOF

JAMIE WILLIAMSON  |  MONDAY, 28 OCT 2019
... interests are the highest priority of fund managers," ASIC commissioner Danielle Press said. "ASIC will use its licensing power, including through the imposition of tailored licence conditions to address governance weaknesses, the risk of poor conduct ...

BlackRock merges ETF, unlisted fund sales teams in EMEA

KANIKA SOOD  |  MONDAY, 21 OCT 2019
... addressed to EMEA staff. "This is accelerating our clients' shift to adopting a whole-portfolio approach - harnessing the power of technology, data and investments."

FS Power50 highlights most influential advisers in 2019

ELIZABETH MCARTHUR  |  MONDAY, 21 OCT 2019
The FS Power50 has been announced for 2019, recognising the 50 most influential financial advisers in Australia. The advisers on the list were nominated by their peers and the Financial Standard editorial team. The 2019 Power50 focussed on those who ...

Colonial First State hit with second class action in less than a week

ELIZA BAVIN  |  MONDAY, 21 OCT 2019
... higher fees," he said. The class action relates to members of the FirstChoice Super fund. Slater and Gordon said CFS had the power to transfer existing FirstChoice Super members into identical products with lower fees and where commissions were not paid. ...