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Showing 131 - 140 of 410 results for "Round of"

Aussie fund manager drops fees

KARREN VERGARA  |  WEDNESDAY, 27 JUN 2018
... years and 8.5% in the year to 31 May 2018. In May 2017, K2 announced it slashed fees for three funds. It followed from a round of fee cuts at Vanguard and Platinum Asset Management. For the K2 Australian Fund, the management fee fell from 1.54% to 1.31%. ...

FASEA begins work on adviser exam

JAMIE WILLIAMSON  |  TUESDAY, 12 JUN 2018
... offer digital registration and delivery, source expert writers and conduct pilot testing. FASEA is also conducting a round of consultation forums over the coming months as to discuss the full constraints of the exam. All expressions of interest must ...

AFA criticises draft FASEA standard

KARREN VERGARA  |  FRIDAY, 8 JUN 2018
... licensees in the code of ethics or addresses how to establish the correct compliance culture. What emerged from the second round of Royal Commission hearings is that the advice industry "remains vulnerable to negative stories about misconduct on the ...

Netwealth boosts class action involvement

JAMIE WILLIAMSON  |  TUESDAY, 5 JUN 2018
In its latest round of platform enhancements, Netwealth has added the ability for investors to participate in class actions. As of this month, Netwealth has made available information on open class actions within the platform's Corporate Actions ...

Life insurance data improving: Regulators

HARRISON WORLEY  |  FRIDAY, 25 MAY 2018
... from APRA and ASIC found group and adviser distributed cover to experience higher claim submission rates. The second round of pilot phase data also found more than 90% of life insurance claims that go to decision are paid in the first instance, which ...

AMP Advice risk chief departs

HARRISON WORLEY  |  THURSDAY, 17 MAY 2018
... former AMP leaders to leave the business as it faces intense scrutiny following revelations during the financial advice round of the Royal Commission. Earlier this week AMP was hit with its third proposed class action lawsuit over shareholder losses ...

Acorns rebrands, issues prospectus

KARREN VERGARA  |  THURSDAY, 10 MAY 2018
The micro-investment platform formerly known as Acorns Grow Australia is one step closer to listing on the ASX as the rebranded Raiz Invest. Raiz lodged its prospectus aiming to raise more than $15 million, eyeing a target listing date of 21 June 2018. ...

RECAP: Advice in the Royal Commission spotlight (Days 1 - 3)

KANIKA SOOD  |  THURSDAY, 19 APR 2018
... you need to know. Australia's top financial institutions are lining up before Commissioner Kenneth Hayne in the latest round of the financial services Royal Commission that runs until April 27. Between shuffling of papers, awkward pauses and some confusing ...

Banks put revenue above quality advice: FSU

ALEX BURKE  |  MONDAY, 16 APR 2018
Following today's round of hearings for the Royal Commission, the Finance Sector Union of Australia (FSU) noted that "banks had better systems in place to track incoming revenue than to make sure customers had been given the ongoing advice they were ...

Social media singles out ASIC in Royal Commission coverage

ALEX BURKE  |  MONDAY, 16 APR 2018
ASIC was a specific target by social media commentators during the first round of hearings for the Royal Commission into Australia's biggest providers of financial advice. Commentators on Twitter were broadly critical of ASIC's attempts to police and ...