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Showing 161 - 170 of 1477 results for "Recommended"

Government to strengthen FMI

ANNABELLE DICKSON  |  WEDNESDAY, 9 JUN 2021
... reform package and further work undertaken in 2019 by the CFR who had consulted on measures to strengthen FMIs and recommended reforms to the government.

Former adviser hit with three-year ban

KARREN VERGARA  |  FRIDAY, 4 JUN 2021
... failed to consider his clients' existing products when making recommendations to switch products and did not align recommended investment strategies with client risk profiles. Smith failed to properly disclose costs in advice documents and the consequences ...

Magellan retirement product nears launch

KANIKA SOOD  |  WEDNESDAY, 26 MAY 2021
... capabilities to target monthly distributions for investors, while forgoing a fixed income allocation. The minimum recommended holding period for investments will be seven to 10 years. The fund is expected to have a mortality component, where investors ...

Research reveals factors influencing advice

JAMIE WILLIAMSON  |  WEDNESDAY, 26 MAY 2021
... despite being given the same hypothetical information. When it came to asset allocations, Oxford Risk described those recommended as "scattershot", adding that even when advisers agreed on risk tolerance, they disagreed on asset allocation. The research ...

Actuaries Institute unveils IDII recommendations

KARREN VERGARA  |  MONDAY, 24 MAY 2021
... continually during the policy period. This would complement the policy document and/or PDS," the Provisional findings and recommended actions for individual disability income insurance read. Life insurers should avoid overly long-term guarantee periods ...

ASIC takes action against Equiti

KARREN VERGARA  |  FRIDAY, 21 MAY 2021
... alleges that the bonus payments influenced the financial product advice provided or the choice of financial product recommended by Equiti FS advisers to retail clients. ASIC also claims that between 18 May 2015 and 13 February 2018, Equiti FS advisers ...

Draft advice reforms not enough: FPA

JAMIE WILLIAMSON  |  WEDNESDAY, 19 MAY 2021
... each financial planner and is not connected with their employment or authorisation under an AFSL," he said. ASIC has recommended its Financial Services and Credit Panel serve as the single disciplinary body, which would also actuaries, stockbrokers and ...

Apex ups ante on Mainstream bidding war

ANNABELLE DICKSON  |  WEDNESDAY, 19 MAY 2021
... supported the further revised SS&C scheme and terminated discussions with Apex. The directors of Mainstream unanimously recommended shareholders vote in favour of the SS&C revised scheme in the absence of a superior proposal. Mainstream first received ...

Dexus to acquire APN Property Group

KANIKA SOOD  |  TUESDAY, 11 MAY 2021
... cents and 65.8% higher than three-month VWAP of 55.2 cents. The directors of APN and APN RE Limited have unanimously recommended the scheme. They hold about 33% of the securities and will vote in favour of the scheme. "Dexus's all cash proposal represents ...

Rest offers extra parental leave

KARREN VERGARA  |  TUESDAY, 11 MAY 2021
... include superannuation contributions as part of their parental leave," she said. A newly released paper from KPMG recommended that SG contributions should be included in the Commonwealth Paid Parental Scheme so as to combat the widening super gender ...