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Showing 1771 - 1780 of 6079 results for "Commission"

Multi-asset SMA launches

KARREN VERGARA  |  TUESDAY, 14 MAY 2019
... attractiveness of any particular solution," he said. Holder commented that the challenges advisers face in a post-Royal Commission world mean that any proposed solution must compete on both cost and performance. "Resonant's multi-asset SMAs do just that," ...

No single solution for advice: CFA

HARRISON WORLEY  |  TUESDAY, 14 MAY 2019
... trust. Together with the CFA Institute, CFA Societies Australia released policy recommendations in response to the Royal Commission this week, in a report entitled Professionalising Financial Advice. CFA said not one solution could make a genuine, long-lasting ...

Advice and accounting align post-Royal Commission: CountPlus

ELIZABETH MCARTHUR  |  TUESDAY, 14 MAY 2019
... with the professional norms of the accounting industry. Trust in financial advisers took a hit after the Hayne Royal Commission, with just 41.2% of Australians surveyed believing an adviser will likely act in their best interest. Meanwhile, 82.3% of ...

Advice practice supply outweighs demand

JAMIE WILLIAMSON  |  MONDAY, 13 MAY 2019
... There are a number of influencing factors that are now driving the shift to a buyers' market, including the Royal Commission forcing multiples down, lack of readily available finance, and higher education requirements - all of which also mean there's ...

CBA remediation bill crosses $2bn

KANIKA SOOD  |  MONDAY, 13 MAY 2019
... million is in program costs. The numbers assume a refund rate of 24% excluding interest. Meanwhile, implementing Royal Commission recommendations and other program costs has cost the bank $806 million to date. The numbers are for known remediation cases ...

Industry super fund appoints new chair

KARREN VERGARA  |  FRIDAY, 10 MAY 2019
... just for the fund but for the superannuation sector generally, given the changes taking effect from the Hayne Royal Commission and other industry and government initiatives. "With its ethical and professional approach to serving members and employers ...

Communication fails to keep member interests at heart

KARREN VERGARA  |  WEDNESDAY, 8 MAY 2019
Many superannuation fund members are feeling confused after receiving communication from trustees attempting to explain the new Protecting Your Superannuation Package laws. Some super funds however, are outshining others. APRA wrote to trustees today ...

FCA begins financial advice market review

KARREN VERGARA  |  WEDNESDAY, 8 MAY 2019
The UK's financial services regulator is reviewing the state of the financial advice market to determine how well it is delivering on consumer outcomes. The Financial Conduct Authority is requesting feedback on its two major initiatives that sought ...

Lonsec to acquire in-house managed account offerings

HARRISON WORLEY  |  TUESDAY, 7 MAY 2019
... act as investment managers. With advisers aware of the need to remove conflicts from their advice following the Royal Commission, Lonsec said outsourcing managed accounts was becoming more popular. "The Royal Commission may have stopped short of a ban ...

Life insurers prioritise customer service over tech

KARREN VERGARA  |  TUESDAY, 7 MAY 2019
... capability. "As the sector faces increased scrutiny partly owing to the compliance issues identified in the banking Royal Commission, now more than ever, insurers need to be on the front foot in addressing their regulatory requirements. This is one reason ...