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Showing 1411 - 1420 of 6586 results for "Review"

Magellan funds under review

ELIZABETH MCARTHUR  |  TUESDAY, 8 FEB 2022
... Douglass announced he would take extended medical leave, the company's share price dove and its fund ratings are under review. Morningstar said all of Magellan's global and high conviction funds are under review due to the unexpected announcement from ...

Consumer advocates criticise advice review

ELIZABETH MCARTHUR  |  THURSDAY, 3 FEB 2022
The Consumer Action Law Centre has concerns that the Quality of Advice Review draft terms of references forget Commissioner Hayne's findings on conflicted remuneration. In the centre's submission on the review's draft terms of references, it argued ...

APRA to continue scrutiny of trustees

JAMIE WILLIAMSON  |  WEDNESDAY, 2 FEB 2022
The prudential regulator has outlined its policy and supervision priorities for 2022, saying its prime focus is rectifying sub-standard industry practices and eradicating unacceptable product performance. Released yesterday, APRA said it will continue ...

SPDR ETFs cut fees

ELIZABETH MCARTHUR  |  WEDNESDAY, 2 FEB 2022
... S&P/ASX 200 Resources Fund (OZR) annual management fee will reduce by six basis points from 0.40% to 0.34%. "We regularly review our product range to meet investor needs. Part of that is ensuring our locally domiciled ETF offering continues to be competitive ...

ASIC exposes RE structure conflicts of interest

KARREN VERGARA  |  TUESDAY, 1 FEB 2022
... potential conflicts of interest within the $1.5 trillion managed funds sectors' responsible entity structures. ASIC's review of 10 major responsible entities found potential conflicts of interest arise at the board and staffing levels, particularly ...

Quality of Advice must consider digital: Ignition

ELIZABETH MCARTHUR  |  MONDAY, 31 JAN 2022
Ignition Advice senior adviser Andrew Baker has argued the government's Quality of Financial Advice Review must consider digital advice. In the terms of reference for the Quality of Advice Review, Treasury said it will "consider how the regulatory framework ...

CFD trading declines: Survey

KARREN VERGARA  |  TUESDAY, 25 JAN 2022
... suffered from trading CFDs. Between March and April 2020 for example, participants lost over $774 million based on ASIC's review of 13 CFD issuers. Yet slower usage of CFDs has led to another issue - cryptocurrency investing has increased among CFD/FX ...

Top three drive ETF surge

KARREN VERGARA  |  MONDAY, 24 JAN 2022
... iShares. The sector grew by a record amount of 44% or $42 billion over the course of 2021, BetaShares' 2021 Australian ETF Review found, considering the market capitalisation of ETFs on the ASX and Chi-X. Growth was driven by both market momentum ...

Residential property demand to weaken

KARREN VERGARA  |  MONDAY, 24 JAN 2022
... widespread defaults and selling, or a big oversupply of properties," he said. CoreLogic's Quarterly Auction Market Review shows 42,918 properties went to auction across capital cities in fourth quarter of 2021, an 85.1% increase from the previous ...

ASIC reviews ETP naming conventions

KARREN VERGARA  |  FRIDAY, 21 JAN 2022
... specific risks or strategies. The role of licensed exchanges authorised in admitting ETPs for quotation is also up for review. Considering the proposal, ASIC released yesterday Consultation Paper 356 ETP naming conventions: Updates to INFO 230. ASIC ...