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Showing 1201 - 1210 of 3982 results for Jamie Williamson

The unintended consequences of the performance test

JAMIE WILLIAMSON  |  TUESDAY, 30 AUG 2022
While the annual Your Future, Your Super performance test is focused on stamping out underperformance, its impact on industry consolidation is likely already shifting, according to KPMG. The results of the second annual performance test are expected ...

A sensible roadmap: Industry responds to QAR paper

JAMIE WILLIAMSON  |  MONDAY, 29 AUG 2022
The industry has welcomed Michelle Levy's draft reform proposals, saying the consultation paper released today provides "a sensible roadmap" and a way forward. The Quality of Advice Review consultation paper was released this afternoon, outlining ...

Hostplus expands Industry Fund Services mandate

JAMIE WILLIAMSON  |  MONDAY, 29 AUG 2022
Following a review, Hostplus has retained Industry Fund Services (IFS) as its financial advice provider ahead of expanding its intra-fund and personal advice services. Hostplus is planning to roll out an updated financial advice and literacy model ...

MobiSuper, licensee to pay $250k penalty

JAMIE WILLIAMSON  |  MONDAY, 29 AUG 2022
MobiSuper and its licensee will pay a $250,000 penalty for breaching superannuation advice laws while promoting the MobiSuper fund. MobiSuper and ZIB Financial will pay the combined penalty after the Federal Court found MobiSuper representatives had ...

Australian Ethical sees profits drop, record super flows

JAMIE WILLIAMSON  |  FRIDAY, 26 AUG 2022
Profits are down and expenses are up at Australian Ethical, as it continues to implement its high growth strategy. Releasing its full-year results today, Australian Ethical recorded a 15% drop in net profit after tax to $9.6 million and a 7% decline ...

Vanguard granted RSE licence

JAMIE WILLIAMSON  |  FRIDAY, 26 AUG 2022
Vanguard expects to launch its product before the end of the year, having been handed a registrable superannuation entity licence. APRA granted a new RSE licence to Vanguard Super Pty Ltd, the trustee of Vanguard Super, yesterday. In an update, Vanguard ...

QIC multi-sector private debt team wins mandate

JAMIE WILLIAMSON  |  THURSDAY, 25 AUG 2022
The multi-sector private debt team that QIC introduced in February has won a $500 million plus mandate to invest in Australia and New Zealand. The mandate comes from Queensland's State Investments and is a three-year commitment. The team is tasked ...

Adviser standards consultation commences

JAMIE WILLIAMSON  |  THURSDAY, 25 AUG 2022
Treasury has kicked off its review of adviser professional standards with a consultation paper that outlines its proposed new pathway for experienced advisers. The government's position has been that a minimum of 10 years' experience and a clean ...

Perpetual to acquire Pendal

JAMIE WILLIAMSON  |  THURSDAY, 25 AUG 2022
Perpetual will acquire 100% of Pendal, in a scheme of arrangement that's been unanimously endorsed by the latter's board. Under the agreement, Pendal shareholders will receive one Perpetual share for every 7.5 Pendal shares plus $1.97 per share ...

Michael Heine steps back at Netwealth

JAMIE WILLIAMSON  |  WEDNESDAY, 24 AUG 2022
Effective October 1, Matt Heine will become the sole managing director of Netwealth, as his father steps back from day-to-day management. The news came as part of Netwealth's results announcement this morning, with Netwealth saying Michael Heine ...