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

Search Results

Showing 171 - 180 of 954 results for "SOA"

Pandemic puts pressure on ETF spreads

ALLY SELBY  |  WEDNESDAY, 29 APR 2020
The spreads on many exchange-traded products were wider than usual amid the COVID-19 market crash, with price discovery becoming increasingly more difficult. That's according to ETF Securities co-head of sales Kanish Chugh, who pointed to global equity ...

Compliance worse than COVID-19

ALLY SELBY  |  THURSDAY, 23 APR 2020
... have been ill-equipped to deal with the momentum of change." The solution? "Consolidation of adviser obligations, shortening SoA endorsed by AFCA and ASIC for AFSLs to follow, maintain high education standards and a more level playing field (a review ...

The next big short

ALLY SELBY  |  THURSDAY, 23 APR 2020
Late last year, before extreme weather events battered the world, before COVID-19, The Big Short 's Michael Burry said he had found the next bubble: passive investments. Now, with asset prices trembling in the face of the pandemic, could there still ...

Chief economist update: Thank goodness for Sorbent

BENJAMIN ONG  |  THURSDAY, 23 APR 2020
They were loathed, yelled at, vilified and even arrested - but the hordes of panic-buyers and toilet paper hoarders that invaded supermarkets, hardware stores, bottle shops, and businesses selling "work from home" wares may have collectively limited ...

Macquarie cash offering soars

ALLY SELBY  |  FRIDAY, 17 APR 2020
A Macquarie Bank cash offering has seen record interest as financial advisers look to safeguard their client's wealth amid the COVID-19 crisis. Speaking to Financial Standard, Macquarie banking and financial services head of payments and deposits ...

Healthcare outperforms as financials plummet

ALLY SELBY  |  FRIDAY, 17 APR 2020
The COVID-19 pandemic has seen Australia's healthcare sector soar as our financials, energy and real estate sectors plummet. However, S&P Dow Jones Indices senior director of global equity indices Michael Orzano said it's a trend that has been ...

A decade in the dust

ALLY SELBY  |  THURSDAY, 16 APR 2020
The COVID-19 pandemic could lead emerging markets to lose the last decade in progress, as the world sinks deeper into a global recession far worse than the Global Financial Crisis. That's according to State Street Global Advisors head of global ...

ASIC provides relief around early super access advice

JAMIE WILLIAMSON  |  TUESDAY, 14 APR 2020
... around the government's early access to super scheme, ASIC has allowed advice providers to not give a Statement of Advice (SOA) when doing so; permitted registered tax agents to give advice to existing clients about the scheme without an AFSL; and ...

Wall Street surges as Sanders drops out, Wuhan reopens

ALLY SELBY  |  THURSDAY, 9 APR 2020
News that Wuhan, the epicentre of the COVID-19 pandemic, has now opened for business saw Wall Street surge overnight, with the S&P 500 once again entering bull market territory. From its March 23 lows, the S&P 500 has surged 23%, signifying the end ...

Morningstar releases time saving tool amid crisis

ALLY SELBY  |  THURSDAY, 9 APR 2020
... growing revenue. Morningstar's financial planning software AdviserLogic will now feature a digital Statement of Advice (SoA) module, which will help streamline strategy selection, product comparison and document editing to make processes faster and ...