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Showing 131 - 140 of 1875 results for "Monday"

ASIC grants compliance scheme relief

HARRISON WORLEY  |  WEDNESDAY, 16 OCT 2019
... Financial Advisers and the Financial Planning Association of Australia among others - expressing its disappointment on Monday. "The heads of Australia's six leading professional associations for financial advisers have expressed disappointment in ...

ASIC using intimidation tactics on grandfathering: AIOFP

ELIZABETH MCARTHUR  |  WEDNESDAY, 16 OCT 2019
... commissions. The bill banning grandfathered commissions on investment and superannuation products was passed by parliament on Monday. Johnston confirmed that the legal advice the AIOFP has received is that commissions advisers lose in the banning of ...

No pain, no gain: APRA

HARRISON WORLEY  |  TUESDAY, 15 OCT 2019
... necessary for improving member outcomes. Addressing the Australian Institute of Superannuation Trustees Chairs Forum on Monday, APRA deputy chair Helen Rowell reminded the super sector that while change brings challenges, it also brings rewards. Pointing ...

Chief investment officer leaves industry fund

HARRISON WORLEY  |  FRIDAY, 11 OCT 2019
... confirmed Smith's departure to Financial Standard, and said an interim replacement would commence with the fund on Monday. The fund did not confirm who had been appointed to take over Smith's duties. legalsuper said it would shortly appoint an ...

Senate secures members' interest changes

HARRISON WORLEY  |  FRIDAY, 20 SEP 2019
... Technology, Senator Jane Hume, moved a number of amendments to the bill which passed through the House of Representatives on Monday. Hume's amendments see the bill provide a carve-out for superannuation trustees to provide insurance on an opt-in ...

Members' interests bill sits on the precipice

HARRISON WORLEY  |  WEDNESDAY, 18 SEP 2019
... are almost through parliament. The House of Representatives moved to pass the Putting Members' Interests First bill on Monday, making insurance in super opt-in only for under-25s. The bill contains measures to prevent trustees from providing insurance ...

First Sentier hires Nikko executive

KANIKA SOOD  |  TUESDAY, 17 SEP 2019
... year for over $4 billion. The sale cleared all regulatory hurdles in July and CFSGAM was rebranded to First Sentier this Monday. The new name breaks the $223 billion asset management business's two-decade long association with the CFS name. But it keeps ...

Government fund seeks investment manager

KANIKA SOOD  |  FRIDAY, 16 AUG 2019
... created by the government is on the lookout for an investment manager. The Australian Office of Financial Management AOFM on Monday opened the tenders for investment management services for the $2 billion Australian Business Securitisation Fund (ABSF). ...

Super sector needs to end culture war

KRISTI CHENG  |  FRIDAY, 16 AUG 2019
... superannuation sector, saying the industry should refocus its energy on members. In his speech at the Rice Warner Symposium on Monday, Bragg condemned the lack of retail and wholesale competition in super funds, saying the focus of the sector has been ...

Magellan posts bumper profits, raising $275m

KANIKA SOOD  |  TUESDAY, 13 AUG 2019
Magellan Financial Group reported a 78% jump in its profit for the financial year ending June and announced a $275 million institutional raise for MFG shares this morning. Magellan's stable of well-performing equities funds are now managing an average ...