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Showing 141 - 150 of 372 results for %22Purpose Investments%22

FS Roundtable: Striking the perfect balance

KARREN VERGARA  |  THURSDAY, 14 NOV 2019
... interest and toward alternatives, the question becomes if this relatively non-traditional asset class is suitable or fit for purpose for retail clients. The definition for alternatives can stretch a "mile wide", Martel says. In the US for example, alternatives ...

Legal fight could change super game

ELIZABETH MCARTHUR  |  FRIDAY, 8 NOV 2019
... Hooper, special counsel at Mills Oakley, explained the case has ramifications for the ways super funds interpret the sole purpose test. "The sole purpose test is 25 years old and guidance is warranted, especially in what appears to be an era of social ...

ASIC drags former adviser to court

HARRISON WORLEY  |  THURSDAY, 17 OCT 2019
... business expenses, such as making payments to other clients as dividend payments. All told, seven clients made 12 investments - including through self-managed super funds - to CFS totaling $1.865 million. The court adjourned the matter until December ...

Melbourne firm expands in US

KANIKA SOOD  |  THURSDAY, 29 AUG 2019
... million in assets under management and advice. It is in the process of closing a US$25 million capital raise via a special purpose vehicle to fund the expansion of battery storage company esVoltas, which the joint venture has identified as its first ...

Schroders acquires majority stake in impact investor

KRISTI CHENG  |  MONDAY, 29 JUL 2019
... capabilities, with BlueOrchard's offerings speaking to a market of clients who Schroders said are increasingly seeking investments which have a beneficial impact on society and the environment, as well as generating positive financial returns. It also ...

Much review about nothing

HARRISON WORLEY  |  FRIDAY, 12 JUL 2019
... AustralianSuper staffer failed to reveal anything further, leaving many in the industry with doubts as to the review's purpose and potential impact. Recently appointed Aberdeen Standard Investments head of retirement and product strategy Jason Nyilas ...

Former financial adviser jailed

ELIZABETH MCARTHUR  |  THURSDAY, 11 JUL 2019
... been jailed. James Gibbs was convicted of theft and dishonesty offences committed when he was director of James Gibbs Investments. At the time, Gibbs was an authorised representative of Madison Financial Group. ASIC said losses to Gibbs' clients came ...

The case for tax deductible advice

JAMIE WILLIAMSON  |  MONDAY, 3 JUN 2019
... relates in part to investments that do not produce assessable income, only a proportion of the fee is deductible. The purpose of both the Financial Adviser Standards and Ethics Authority, and the Royal Commission is to see the industry professionalise ...

Zurich launches new client portal

ELIZABETH MCARTHUR  |  FRIDAY, 24 MAY 2019
... tasks. "Advisers have a lot on their plate, with cost and time pressures challenging their ability to focus on their core purpose," Howell said. "By reducing the burden around administrative tasks and by delivering engaging and rewarding propositions ...

Couple faces prison over ponzi-style scam

ELIZABETH MCARTHUR  |  FRIDAY, 10 MAY 2019
... defrauded from investors they had met through the Collingwood Football Club. The money the Johnstons collected for "investments" was deposited into the bank account of Small Business Management Pty Ltd on the basis that the couple's fellow Collingwood ...