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Showing 1931 - 1940 of 7101 results for "June 11"

Latest adviser exam results in

JAMIE WILLIAMSON  |  TUESDAY, 7 APR 2020
FASEA has announced more than 82% of financial advisers that sat the February exam were successful. Releasing the results today, the body said 2231 advisers sat the exam in mid-February and 82% passed. More than 30% of the advisers listed on ASIC's ...

MLC waives licensee fees, delays dealer group transitions

JAMIE WILLIAMSON  |  WEDNESDAY, 1 APR 2020
MLC Wealth is waiving licensee fees for all of its aligned financial advisers as they struggle to operate their businesses and provide support to clients during unprecedented uncertainty. It has also delayed the transition of advisers from Apogee and ...

Challenger shuffles life portfolio asset allocations

KANIKA SOOD  |  MONDAY, 30 MAR 2020
Challenger Life has tilted its investment portfolio away from equities and sub-investment grade fixed income and towards more liquid assets, as COVID-19 sparks volatility in most asset classes. Challenger Life has slashed equity holdings from 13% of ...

Super funds called out over liquidity

ELIZA BAVIN  |  MONDAY, 30 MAR 2020
The House of Representatives Standing Committee on Economics chair, Tim Wilson, has called out super funds that have said they are experiencing liquidity issues, saying it is inconsistent with evidence previously provided to the committee. Many super ...

Cash management account to shutter

KANIKA SOOD  |  FRIDAY, 27 MAR 2020
A cash management account distributed by Colonial First State and issued by Bankwest is set to terminate effective June. The BWA Cash Management Account offered a variable rate of 0.40% per year, and acted as a central account for a usually advised ...

Good time to be in managed accounts: IMAP

ELIZA BAVIN  |  FRIDAY, 27 MAR 2020
The COVID-19 crash has had an effect on all investment advice, but for financial advisers using managed accounts the blow has been slightly eased, according to IMAP chair Toby Potter. Potter told Financial Standard that while it is likely managed account ...

COVID-19 uncertainty sees AMP withdraw guidance

ALLY SELBY  |  THURSDAY, 26 MAR 2020
AMP has withdrawn its full-year 2020 outlook as a result of ongoing economic uncertainty. Announcing the move to the ASX this morning, AMP said its capital position and liquidity will help it navigate the uncertain environment but providing an accurate ...

CHESS replacement delayed

HARRISON WORLEY  |  THURSDAY, 26 MAR 2020
The Australian Stock Exchange has been forced to delay the replacement of its CHESS system. The impact of COVID-19 is continuing to spread, with the outbreak now forcing the delay of the ASX's CHESS replacement system. Originally slated to go-live from ...

Australian Unity investment boss to lead Mercer

HARRISON WORLEY  |  TUESDAY, 24 MAR 2020
Mercer has tapped Australian Unity's chief investment officer to lead its Australian office. Australian Unity chief investment officer and wealth and capital markets chief executive David Bryant has been appointed as Mercer Australia chief executive ...

New role for Mercer chief

HARRISON WORLEY  |  TUESDAY, 24 MAR 2020
Outgoing Mercer Australia chief executive Ben Walsh is set to join the executive leadership of one of the nation's largest life insurers. AIA Australia have appointed Walsh as chief life insurance officer, a newly created role that will see the long-time ...