Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1701 - 1710 of 4975 results for "Practice"

Advisers to bear brunt of AMP failings

JAMIE WILLIAMSON  |  FRIDAY, 9 AUG 2019
AMP advisers planning to exercise their Buyer of Last Resort (BOLR) arrangements look set to have their business valuations slashed as part of the institution's new strategy. AMP chief executive Francesco De Ferrari said the group will look to recalculate ...

AMP profits dive, chief pay restructured

ELIZABETH MCARTHUR  |  THURSDAY, 8 AUG 2019
Reporting a 50% drop in wealth management profits, AMP conceded chief executive Francesco De Ferrari's remuneration will have to be reconsidered in light of share price tumbles. The group reported an underlying profit of $309 million for the first half ...

Workplace deaths missing from ESG reports: ACSI

KRISTI CHENG  |  TUESDAY, 6 AUG 2019
Companies should disclose workplace safety issues and fatalities in their ESG reporting to improve transparency and identify systemic risks, according to the Australian Council of Superannuation Investors (ACSI). That was a key takeaway from the council's ...

Planning foundation adds directors

HARRISON WORLEY  |  MONDAY, 5 AUG 2019
... difficult circumstances." Former FPA chair Berry, is currently a director of the Tax Practitioners Board and runs her own practice, Berry Financial Services. Humphrey joins the board while serving as a director of The Infants Home, a for-purpose organisation ...

VGI Partners readies $1bn Asian fund

KANIKA SOOD  |  MONDAY, 5 AUG 2019
... invest countries with a robust and reliable legal system, strong corporate governance and developed capital markets. "In practice this means that, for several years at least, the VG8 portfolio will be heavily weighted towards investments in Japan, South ...

AMP MDA constraints frustrate advisers

ELIZABETH MCARTHUR  |  MONDAY, 5 AUG 2019
The additional conditions imposed on AMP Financial Planning's managed discretionary account (MDA) licence has resulted in so many constraints on financial advisers that the offering is reportedly "unusable". A source told Financial Standard that AMP ...

Document leak puts NAB under the pump

HARRISON WORLEY  |  FRIDAY, 2 AUG 2019
... need to remediate customers for in the future. According to the news report Henry was "confident" the bank's then practice of lending money to self-managed super funds for the purpose of investing in managed funds would need to be remediated in the ...

Advice resilient under pressure: Research

ELIZABETH MCARTHUR  |  THURSDAY, 1 AUG 2019
... consumer preferences and an uncertain investing climate," Peker said. When asked how the Royal Commission will impact their practice, 69% said they intend to accelerate the adoption of technology to better serve clients. "By using technology more effectively ...

Fitzpatricks expands footprint

KRISTI CHENG  |  WEDNESDAY, 31 JUL 2019
Fitzpatricks Private Wealth added another practice to its growing network. Fitzpatricks told Financial Standard it bought a stake in Perth-based Stewart Symonds & Partners, representing 38 new advisers who have joined. It is one of seven new practices ...

IOOF rejigs CRO role, appoints successor

KARREN VERGARA  |  FRIDAY, 26 JUL 2019
... this space as we explore the use of data and technology in governance," Mota said. Mota also announced today that one practice, which was part of its former ANZ Wealth-aligned dealer groups, has been acquired by a third party. He did not disclose which ...