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Showing 1521 - 1530 of 2662 results for "SEPA"

ASIC sees potential for "large scale loss" in robo-advice

LAURA MILLAN  |  MONDAY, 23 NOV 2015
The Australian Securities and Investments Commission (ASIC) warned that a flaw in an algorithm could lead to "large scale loss" for clients of robo-advice systems. Speaking at the Financial Planning Association (FPA) Congress in Brisbane, ASIC senior ...

Target date funds just 3% US retirement assets

ALEX DUNNIN  |  MONDAY, 9 NOV 2015
Much is made of the popularity of lifecycle investing in the US yet it comprises just 3% of their retirement system. According to figures released by the Investment Company Institute (ICI), lifecycle investment funds, referred to under the broader category ...

Australia back on the radar for international capital

MARK SMITH  |  FRIDAY, 6 NOV 2015
The price adjustments and economic rebalancing seen in Australia over the last 12 months could see investment markets defy growing pessimism and international money return, according to two eminent market commentators. Goldman Sachs Asset Management ...

AMP Capital targets $2.8bn infrastructure raising

LAURA MILLAN  |  FRIDAY, 6 NOV 2015
AMP Capital has started to raise capital for its Infrastructure Debt Fund III (IDF III), which targets US$2 billion ($2.79 billion) from global institutional investors. The fund is AMP Capital's third infrastructure debt fund in five years and comes ...

ClearView launches first SMA service

LAURA MILLAN  |  THURSDAY, 5 NOV 2015
ClearView Wealth has upgraded its full service wrap WealthSolutions and introduced a separately managed account (SMA) feature. The changes have been made across WealthSolutions superannuation, retirement income and investments. Advisers, non-superannuation ...

Court fines SMSF admin for "free setup" ads

ALEX BURKE  |  WEDNESDAY, 4 NOV 2015
The Federal Court of Australia has fined Superannuation Warehouse Australia (SWA) for misleading "free setup" advertising. ASIC commenced legal action against SWA in May for advertising self-managed superannuation fund setup services on two separate ...

Macquarie and CBA in global top 100

MARK SMITH  |  TUESDAY, 3 NOV 2015
Macquarie and Commonwealth Bank are the only Australian companies to have made it into the top 100 largest fund managers globally, according to a survey by Pensions & Investments and Towers Watson. Of the top 50 managers in the annual Pensions & Investments/Towers ...

Henderson completes acquisition of IOOF boutiques

MARK SMITH  |  MONDAY, 2 NOV 2015
Henderson Group has completed its acquisition of two funds management businesses from IOOF Holdings. Announced on 2 June 2015, the deal sees the dual UK and Australia listed global investment business takeover two Perennial investment management boutiques ...

Embrace change to stay relevant

ALEX BURKE  |  FRIDAY, 30 OCT 2015
No advice business is too big to fail if it doesn't adapt to changes in consumer behaviour, according to author and social researcher Michael McQueen. Speaking at the Association of Financial Advisers National Adviser Conference in Cairns this week ...

ANZ private wealth sees digital growth

DARREN SNYDER  |  THURSDAY, 29 OCT 2015
ANZ's private wealth division has recorded profit growth of 15% for the 2015 financial year on the back of a continued approach to "customer focused investment solutions." Releasing its 2015 full year results today, ANZ said funds under management (FUM) ...