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Showing 141 - 150 of 1587 results for "Majority of"

Government must do more after product failures: FSC, SCA

JAMIE WILLIAMSON, RACHEL ALEMBAKIS  |  FRIDAY, 1 SEP 2023
... Wrap Platforms is more complex given members have tailored, rather than standardised, portfolios." "In addition, a majority of Wrap options are not tested, which means members are not able to use the test results to easily compare all available investment ...

Ninety-seven super products fail performance test

JAMIE WILLIAMSON  |  THURSDAY, 31 AUG 2023
... failed products. By FUM, of the $19 billion held in the 305 products, $2.3 billion is in those that failed. The vast majority of the failed products are issued by either an Insignia or AMP trustee. Those overseen by an Insignia trustee include AvWrap ...

No question we need more BTR: Mowat

CHLOE WALKER  |  THURSDAY, 24 AUG 2023
... amenities such as pools, gyms, rooftop lounges and so on," Mowat said. "Of course, there's a place for that, but the majority of the market is much more middle-market product, and we think that's the sweet spot for the future of BTR in Australia." ...

AMP settles class action for $110m

KARREN VERGARA  |  MONDAY, 21 AUG 2023
... New South Wales." In reaching a settlement, AMP said in a statement that it "makes no admission of liability". "The majority of the settlement amount will be met by available insurance proceeds," AMP said. "This settlement does not impact the current ...

Insignia Financial plans advice business transformation

JAMIE WILLIAMSON  |  THURSDAY, 27 JUL 2023
... "a very specific business model to deal with very specific advice needs and adviser needs", Insignia will own the majority of ASC at the outset, with its stake to reduce over time as advisers are offered equity in the business. What the equity offers ...

Trustees lack urgency, strategy on RIC: Regulators

KARREN VERGARA  |  TUESDAY, 18 JUL 2023
... expectation. But the review finds that most funds have identified gaps in the information they need about their members. The majority of RSE licensees cannot even properly assess the retirement outcomes provided to members," he said. "Some have identified ...

FAAA celebrates membership renewals, anticipates more

ANDREW MCKEAN  |  TUESDAY, 4 JUL 2023
... to promote financial advice as a great career choice. "Having a unified voice for the profession, representing the majority of financial advisers in the country, gives us a greater chance of achieving the changes our members are looking for," she con ...

ART delivers 10% for members

KARREN VERGARA  |  TUESDAY, 4 JUL 2023
... equities, and relative outperformance in property, infrastructure, fixed income pretty and every asset class." The majority of the Balanced option, which aims for CPI+3.5% in returns, is invested in Australian and international equities with a strategic ...

Jones lifts adviser levy freeze, updates funding model

KARREN VERGARA  |  TUESDAY, 27 JUN 2023
... set at the 2018-19 level of $1142 per adviser. Jones also proposed updating the industry fund model as a whole, the majority of which relates to improving the framework and how certain costs are recovered, while the others direct ASIC to streamline its ...

Soros hands the reins to son

CHLOE WALKER  |  FRIDAY, 16 JUN 2023
... around the world and funnels approximately $2.2 billion annually to groups that promote democracy. It controls the majority of assets managed by Soros' family office. Alexander Soros, who goes by Alex, said the family's philanthropic enterprise ...