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Showing 13181 - 13190 of 28311 results for "NOT"

Managed accounts to disrupt fund businesses to the tune of $60bn

MICHELLE BALTAZAR  |  THURSDAY, 25 AUG 2016
... said that as more platforms and product providers invest time and resources to the sector, the more MAs become a necessity, not just a novelty, for financial advisers. "Morgan Stanley's prediction that managed accounts could account for around 75% of ...

LICG will fight on after failing to trigger AFA constitution talks

JAMIE WILLIAMSON  |  THURSDAY, 25 AUG 2016
... membership. But, in reviewing the 230 forms submitted by the life insurance advice lobby group, the AFA found almost half could not be considered. In meeting the statutes of the Corporations Act, 50 of the forms provided were revealed as duplicates ...

Parliament goes to war on super

DARREN SNYDER  |  THURSDAY, 25 AUG 2016
... Bill Shorten wants the $500,000 lifetime cap on non-concessional super contributions to apply from Budget night 2016 (May 3), not 2007 as proposed by the coalition government. This would reduce revenue by $500 million over forward estimates, but Labor ...

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 25 AUG 2016
... of the country's leading index increased to a better than expected reading of 99.2 in June from 98.4 in the previous month. Not only this, improvements were also posted by the coincident index (111.1 in June from 109.2 in May) and the lagging index (112.7 ...

Industry funds extend winning streak

MARK SMITH  |  WEDNESDAY, 24 AUG 2016
... the period versus 1.3% from the average retail fund. The numbers contribute once again to the long-term outperformance of not-for-profit funds against their bank-owned rivals. The former has returned 5.38% per annum over the last 10 years while the latter ...

Risk advice revenue falls 7pc in 2016

KERRIE SYDEE  |  WEDNESDAY, 24 AUG 2016
... revenue in 2015 to just 28% in 2016. A number of advisers have stopped providing risk advice altogether, with 12% of respondents not writing any new risk business in the last year, this is up from 10% in the previous report. "The LIF reforms are already ...

Sentry Group slams LICG's "opportunistic attack"

ALEX BURKE  |  WEDNESDAY, 24 AUG 2016
... the merits of their case." "No reasonable person can support an attack solely on the AFA and wonder why the initiator does not apply with the same logic and tactic against the FPA - unfortunately it can only be interpreted as a personality clash." Hills ...

Economic Wrap

BENJAMIN ONG  |  WEDNESDAY, 24 AUG 2016
Markit flash US manufacturing PMI Markit Economics' flash US manufacturing purchasing managers' index (PMI) eased to a reading of 52.1 in August from July's nine-month high level of 52.9 on the back of continued solid strength in production. While the ...

Retiree expenditure remains modest: study

DARREN SNYDER  |  TUESDAY, 23 AUG 2016
... complete picture of retirees' behaviours." The research also showed that contrary to conventional wisdom, expenditure did not appear to decline throughout the period of retirement. Retirees are however spending more than earlier cohorts and future retiree ...

Equity Trustees restructures philanthropy

JAMIE WILLIAMSON  |  TUESDAY, 23 AUG 2016
... General manager of philanthropy Tabitha Lovett said the restructure followed wide consultation and collaboration with the not-for-profit and charitable sector. "Equity Trustees recognises the significant role of philanthropy to lead positive change. ...