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Showing 1641 - 1650 of 12787 results for "Change"

Life Sherpa rolls out investment solution

JAMIE WILLIAMSON  |  THURSDAY, 7 SEP 2023
Hybrid advice provider Life Sherpa is partnering with OpenInvest to offer a low-cost managed investment portfolio solution for clients with low balances. With a minimum investment of $5000, the offering comprises four diversified portfolios with a range ...

APRA finds signs of step change in remuneration practices

ANDREW MCKEAN  |  THURSDAY, 7 SEP 2023
APRA has found early signs of change in the remuneration practices of financial services entities in a review of how Prudential Standard CPS 511 has been applied. In a letter to all APRA-regulated entities, the regulator said it was pleased with the ...

Macquarie flags asset management challenges

CASSANDRA BALDINI  |  THURSDAY, 7 SEP 2023
Macquarie Group posted a 3% drop in its private markets assets under management (AUM) to $326.8 billion and said its asset management business will face economic challenges over the short term. In an investor presentation, the group said the drop was ...

Cbus unveils new leadership team

KARREN VERGARA  |  WEDNESDAY, 6 SEP 2023
Cbus has made a raft of leadership changes that include appointing a deputy chief investment officer and chief operating officer. Alexandra Campbell is the $85 billion fund's new deputy chief investment officer and head of private markets. Campbell ...

Financial advice firms profits jumps: Research

CASSANDRA BALDINI  |  WEDNESDAY, 6 SEP 2023
... businesses, overwhelming the concern was around super funds providing advice. Of those surveyed, a whopping 53% saw the change as a negative, while only 15% felt it was a positive. A further 20% claimed it would have no impact, while 12% remained unsure. ...

Colonial First State previews new MA offering

CHLOE WALKER  |  WEDNESDAY, 6 SEP 2023
Colonial First State (CFS) has revealed its new managed accounts offering, to be made available on the newly launched Edge platform. The Accelerate Series has been designed in response to feedback from financial advisers, helping them meet best interest ...

Integrity Life to cease writing new retail policies

JAMIE WILLIAMSON  |  TUESDAY, 5 SEP 2023
... policyholder or shareholder interests to continue to write new retail advised policies." For the retail advised channel, the change is effective September 29. For the corporate group channel, it takes effect immediately. Integrity Life launched in March ...

Financial hardship neglect lands Westpac in court

KARREN VERGARA  |  TUESDAY, 5 SEP 2023
... notices, ASIC alleges. Under the National Credit Code, a lender has 21 days to notify the customer if it does not agree to change the contract or if it requires further information to make its decision. If lenders do not agree to change a credit contract ...

Rest awards mandate to specialist fund manager

ANDREW MCKEAN  |  TUESDAY, 5 SEP 2023
... strides in its transition to a sustainable, renewable-led future, with institutional investors being key drivers of this change, he added. In recent developments, Octopus has obtained the rights to develop the Hay Plains wind farm in NSW. This acquisition ...

Janus Henderson launches new fund

CASSANDRA BALDINI  |  TUESDAY, 5 SEP 2023
Janus Henderson has launched its Emerging Markets Equity Fund to local investors, the result of increased client demand. The fund provides exposure to countries and corporations at different stages of economic and political development, targeting a ...