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| | | 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 ... |
| | | | ... 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 ... |
| | | | 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 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 ... |
| | | | ... 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," ... |
| | | | ... 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 ... |
| | | | 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 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 ... |
| | | | "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 ... |
| | | | ... 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 ... |
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