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Showing 1901 - 1910 of 4930 results for "MIS"

Equities not that expensive: Hamish Douglass

ALLY SELBY  |  MONDAY, 9 MAR 2020
US stocks are not expensive, despite their stretched valuations. In fact, it's all just a matter of "gravity" or the historically low interest rate environment, according to Magellan's Hamish Douglass. Speaking to a near-full crowd at the firm's ...

Westpac director heads for the exit

HARRISON WORLEY  |  FRIDAY, 6 MAR 2020
A member of Westpac's board is preparing to leave the turmoil stricken big bank after less than two years as a director. The bank has confirmed the departure of director Anita Fung from its board. Fung was appointed to the board in the midst of the ...

Morningstar boosts financial planning capabilities

ALLY SELBY  |  WEDNESDAY, 4 MAR 2020
Morningstar will acquire a Canadian financial planning and risk-profiling software firm, in a bid to expand its advice capabilities world-wide. Morningstar has acquired PlanPlus Global, whose FinaMetrica Profiler risk software is currently available ...

Regulator clamps down on misleading ESG fund names

ELIZABETH MCARTHUR  |  WEDNESDAY, 4 MAR 2020
The US Securities and Exchange Commission is calling for public comment on how funds are named, in an effort to restrict the use of potentially misleading fund names. ESG, responsible and ethical funds are under the spotlight as the SEC seeks to protect ...

Advice groups criticise rushed legislation

ELIZABETH MCARTHUR  |  WEDNESDAY, 4 MAR 2020
The government's plan to implement recommendations from the Royal Commission has been met with concern and criticism from financial advice industry groups. Both the Association of Financial Advisers and The Advisers Association have lashed out at ...

IOOF restructures leadership team

HARRISON WORLEY  |  MONDAY, 2 MAR 2020
An internal restructure in IOOF's leadership team is complete, with three general managers promoted to the firm's c-suite. IOOF general manager of distribution Mark Oliver has been promoted to chief distribution officer, while the firm's general manager ...

Raiz cuts AET amid Sargon saga

ALLY SELBY  |  MONDAY, 2 MAR 2020
The board of investment platform Raiz has replaced Australian Executors Trustees (AET) as its independent custodian, in what comes as the latest development in the Sargon saga. Raiz has appointed Perpetual Corporate Trust as its new independent custodian ...

Grattan calls for lower super fees

HARRISON WORLEY  |  MONDAY, 2 MAR 2020
Grattan Institute's submission to the Retirement Income Review has kicked off a war of words after it said a reduction in fees charged to super members would be more impactful than an uplift in the superannuation guarantee, and that ASFA's comfortable ...

WTW boosts Australian leadership team

ELIZA BAVIN  |  MONDAY, 2 MAR 2020
Willis Tower Watson has announced two major leadership appointments in its Australian team. Nick Barrett has been named as the new head of Investment strategy, effective immediately. Barrett will be responsible for delivering asset allocation advice ...

Industry-made retirement models are self-serving: SCA

ELIZA BAVIN  |  MONDAY, 2 MAR 2020
Super Consumers Australia (SCA) has taken a stance against industry-created retirement models, saying Australians deserve realistic retirement income standards. In its submission to the Retirement Income Review (RIR) SCA said existing models pushed ...