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Showing 1511 - 1520 of 3456 results for "Scale"

Sunsuper cops rating downgrades

ANNABELLE DICKSON  |  TUESDAY, 20 OCT 2020
... process (people, process, parent, performance and price). Previously the first three pillars were rated on a three-point scale - positive, negative and neutral but the ratings on these moved to five-point scale (high to low). "Morningstar's new ratings ...

Self-licensing on the horizon

KARREN VERGARA  |  MONDAY, 19 OCT 2020
... grandfathered commissions ceasing from 1 January 2021, Cullen said advisers need to ensure licensees have the necessary scale and structure in place to manage the transition to new revenue models or they risk significant fee increases. "Advisers are ...

BT cuts Wealth Connect

ALLY SELBY  |  FRIDAY, 16 OCT 2020
... Finally, in May of this year Westpac announced it was reviewing its business units after determining several lack sufficient scale or where risk outweighed return. These included its wealth platforms, superannuation and retirement products, investments ...

Multi-boutique adds investment firms

JAMIE WILLIAMSON  |  FRIDAY, 16 OCT 2020
... time," he said. "However, the same factors that keep boutiques lean, nimble and aligned can also make reaching distribution scale a challenge. Mantis was built to bridge that gap and has been investing heavily in people and systems to create a world ...

ISA calls for super tax reform

ELIZA BAVIN  |  THURSDAY, 15 OCT 2020
... and 19% tax bracket and matches superannuation guarantee contributions - but the tax cuts have moved those brackets up the scale," ISA said. "But the LISTO rate has stalled at $37,000 taxable income and the maximum tax refunded is $500 a year, seeing ...

A new model is coming: Licensees

ELIZABETH MCARTHUR  |  THURSDAY, 15 OCT 2020
... the industry, he said there are advantages to being with a big institution. "If you want to bring down the cost of advice scale does matter," Whereat said. IOOF, Whereat said, is putting its money on technology being able to combat this affordability ...

ASIC reviewing risk advice, pushes for scaled advice

ANNABELLE DICKSON  |  WEDNESDAY, 14 OCT 2020
The Australian Securities and Investments Commission is conducting a review of life insurance advice and plans to consult with the industry on scaled advice this year. Speaking at the Association of Financial Advisers Conference, ASIC senior executive ...

MLC Wealth general manager jumps to Ashurst

ELIZABETH MCARTHUR  |  TUESDAY, 13 OCT 2020
... advisory in Sydney. Chris is highly regarded in the financial services sector as a remediation expert, and brings large scale regulatory change, regulatory response and managed services skills to the growing Ashurst Consulting division," Ashurst head ...

State Super appoints academic oversight body

ELIZA BAVIN  |  TUESDAY, 13 OCT 2020
... in the application of quantitative statistical methods at Blackrock, Fidelity, AXA Rosenberg and HESTA. "The increasing scale and sophistication of capital markets drives asset owners toward using more types of data and new technologies, including AI ...

Chief economist update: Get shorty

BENJAMIN ONG  |  TUESDAY, 13 OCT 2020
... governor Yi Gang is taking a prudent approach towards monetary policy by not following Western economies by undertaking a large-scale monetary loosening, but will instead look to consumer price stability and exchange rates to help the economy recover. ...