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Showing 1471 - 1480 of 4985 results for "Limit"

Raiz cuts AET amid Sargon saga

ALLY SELBY  |  MONDAY, 2 MAR 2020
The board of investment platform Raiz has replaced Australian Executors Trustees (AET) as its independent custodian, in what comes as the latest development in the Sargon saga. Raiz has appointed Perpetual Corporate Trust as its new independent custodian ...

Chief economist update: Wall Street sneezes

BENJAMIN ONG  |  THURSDAY, 27 FEB 2020
... year - delivered strong equity market gains around the world, the US central bank's readiness would, at the very least, limit losses. Not only that, the recent correction on Wall Street is not only weeding out the semi-believers but it's also ...

SG increase will hurt women: NFAW

ELIZA BAVIN  |  MONDAY, 24 FEB 2020
The National Foundation for Australian Women (NFAW) said increasing the super guarantee will hurt women and the age pension should remain a strong element of the retirement income system. In its submission to the Treasury the NFAW said the superannuation ...

Factor investing, sustainability a perfect match

ALLY SELBY  |  THURSDAY, 20 FEB 2020
Factor investing and sustainability go hand and hand, allowing advisers and portfolio managers to create personalised portfolios that exclude companies with poor ESG ratings, while limiting human bias. That's according to Robeco director of factor ...

Status quo not option for remuneration: APRA

ELIZA BAVIN  |  THURSDAY, 20 FEB 2020
... about some aspects of the draft proposal and has been considering options to address those issues. "The introduction of a limit on the use of financial metrics in connection with long-term variable remuneration was a recommendation of the Royal Commission," ...

Value disconnect damages adviser relationships

ALLY SELBY  |  WEDNESDAY, 19 FEB 2020
... Through open communication, advisers can help educate their clients, showing them the value of goals-based investing, so as to limit emotionally-driven client reactions to market dips and dives. "Research shows that the interpersonal side of advice ...

Long-time IOOF director steps down

HARRISON WORLEY  |  WEDNESDAY, 19 FEB 2020
A member of IOOF's board has stepped down after a decade and a half as a director of the wealth manager. IOOF has announced the retirement of former PWC partner Jane Harvey, who steps down from the board after 15 years. However her retirement is set ...

Franklin Templeton to acquire Legg Mason

JAMIE WILLIAMSON  |  WEDNESDAY, 19 FEB 2020
Franklin Resources, trading as Franklin Templeton, has entered into a $6.7 billion agreement to acquire Legg Mason, creating a $2.24 trillion investment powerhouse. Under the agreement, which was unanimously approved by both boards, Franklin Templeton ...

Chief economist update: Japan fails to learn from history (yet again)

BENJAMIN ONG  |  TUESDAY, 18 FEB 2020
"Those who do not remember the past are condemned to repeat it." - George Santayana... and repeat the past, Japan did. Preliminary estimates show that the economy contracted by 1.6% in the last quarter of 2019 following a 0.1% growth (if you could call ...

FSC calls for CSLR claims cap

ALLY SELBY  |  FRIDAY, 14 FEB 2020
... cross-subsidisation across financial services sectors." The FSC argued that scheme caps, without any cross-subsidization, were required to limit this "moral hazard". "Applying a general socialised levy could create a moral hazard, would not achieve the ...