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Showing 1261 - 1270 of 13014 results for "Change"

Major global trends impacting advisers

ELIZA BAVIN  |  FRIDAY, 25 OCT 2024
... fundamental structural shifts in society. "Investors are recognising the potential of private assets to drive positive change, and, therefore, higher returns," Wunderlin said. "In addition, private assets are valued as a source of diversification. Following ...

CSLR warns adviser levy will balloon

KARREN VERGARA  |  FRIDAY, 25 OCT 2024
... other large scale firm failures. "Whilst the total amount in relation to Dixon post the pre-CSLR allocation is unlikely to change significantly this amount will likely be spread over multiple levy periods depending on the timing of complaints being resolved ...

ClearView announces executive changes

MATTHEW WAI  |  FRIDAY, 25 OCT 2024
ClearView Wealth has announced three executive appointments, choosing to hire from within the company. ClearView welcomed Judilyn Beaumont to the role of chief risk officer while continuing her role as general counsel. Beaumont joined the company in ...

APRA questioned on super performance test

ELIZA BAVIN  |  FRIDAY, 25 OCT 2024
... focus put on super fund net returns. Cole said the performance test is run on regulations set out by the government and any change in those settings would have to come from the government. "We obviously have a super sector that is very large... and getting ...

BlackRock lowers fees on two funds

ELIZA BAVIN  |  THURSDAY, 24 OCT 2024
BlackRock has lowered the management fee on the Australian Alpha Tilts Fund and the Advantage Australian Equity Fund, effective October 1. For the Australian Alpha Tilts Fund, the management fee charged in the S Class of the Fund was reduced from 0.29% ...

Operational risk reserve targets trimmed for larger funds

JAMIE WILLIAMSON  |  THURSDAY, 24 OCT 2024
... to avoid over reserving. The 0.25% ORFR target will remain for funds with less than $30 billion in assets. In making the change, APRA said it appreciates that the original benchmark of 0.25% does not appropriately account for the increasing scale of ...

Advisers share winning intergenerational wealth strategies

ANDREW MCKEAN  |  THURSDAY, 24 OCT 2024
... demand for advice amid a shrinking pool of financial advisers, making access increasingly difficult. "Hopefully that will change into the future. But what we're seeing is a lot of clients that aren't advised or haven't previously been advised when they ...

Westpac appoints acting head of wealth

ELIZA BAVIN  |  THURSDAY, 24 OCT 2024
... experienced leadership to the business and wealth division when Anthony steps into my role at the end of the year. "This change will also allow Anthony to spend time with me in a handover period before he begins as chief executive." Herbert will act ...

Delaying DBFO imposes 'generational' consequences

MATTHEW WAI  |  THURSDAY, 24 OCT 2024
The Council of Australian Life Insurers (CALI) is urging the federal government to take action on processing the second tranche of its Delivering Better Financial Outcomes (DBFO) package, saying any further delay could result in "generational impacts." ...

Down but not out: Busting defined benefit myths

ANDREW MCKEAN  |  WEDNESDAY, 23 OCT 2024
... contrast, if a corporate entity continues to manage the DB liabilities, benefits can remain more flexible and subject to change-potentially influenced by factors such as insolvency or restructuring. The de-risking strategy also comes down to timing ...