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Showing 181 - 190 of 1192 results for "Switch"

Raiz increases portfolio fees

KARREN VERGARA  |  TUESDAY, 1 AUG 2023
Micro-investing app Raiz has upped its fees on a range of its portfolios, with some increasing as much as 29%. The monthly maintenance fee for the Standard portfolios will increase from $3.50 to $4.50 for account balances of less than $20,000. For balances ...

Aware Super invests in renewable data centre platform

JAMIE WILLIAMSON  |  FRIDAY, 14 JUL 2023
... invested in a 100% renewable-powered data centre platform, marking the fund's first investment of this kind. US-based platform Switch was founded in 2000 and is considered a leader in data centre design, development, and mission-critical operations. ...

Adviser demand up as industry turns corner: Recruiter

KARREN VERGARA  |  FRIDAY, 7 JUL 2023
The financial advice industry is experiencing a buoyant jobs market in 2023, according to a specialist recruitment firm, particularly in the last three months which saw healthy demand for associate adviser roles. Recruit2Advice principal Dugald Braithwaite ...

Asset managers dismiss liquidity risks: FCA

KARREN VERGARA  |  FRIDAY, 7 JUL 2023
Too many asset managers are disregarding liquidity risks and are unprepared in the event of mass redemptions, a review by the Financial Conduct Authority (FCA) finds. The UK regulator found that many authorised funds dismiss their liquidity management ...

Super fund satisfaction still poor: Report

JAMIE WILLIAMSON  |  THURSDAY, 6 JUL 2023
While super funds' returns might have recovered, member satisfaction certainly hasn't. In fact, a new report shows it's fallen even further. The latest CSBA FEAL Superannuation CX Benchmarking report found 25% of members who had recently engaged with ...

FSCP hands down second order, audits adviser

KARREN VERGARA  |  WEDNESDAY, 28 JUN 2023
... The Financial Services and Credit Panel has ordered an audit of a financial adviser who carelessly recommended a client switch superannuation funds. Releasing its second determination since it launched, the FSCP said the unnamed adviser, only referred ...

Anti-hawking laws could dampen super fund advice: Academic

KARREN VERGARA  |  TUESDAY, 27 JUN 2023
... scares the member into thinking funds will go to the government upon death. The member is then sent application forms to switch funds and invoiced for advice that was not provided. The member is then charged thousands of dollars in fees to roll the money ...

ASIC flags AI regulation remit

KARREN VERGARA  |  TUESDAY, 20 JUN 2023
ASIC flagged it will take a formidable role in regulating how artificial intelligence will impact the securities and corporate sectors. ASIC chair Joe Longo unveiled much of the regulator's agenda in the short term, with AI taking up a "high and important ...

URF investors reject K2 as RE

KARREN VERGARA  |  TUESDAY, 20 JUN 2023
... CD Private Equity Fund V and the Venture Capital Opportunities Fund will have the chance to vote on whether they want to switch to KAM. In March, E&P Investments flagged it would replace itself for its funds based on investor feedback and as part of ...

Labor advances super performance test changes

KARREN VERGARA  |  MONDAY, 19 JUN 2023
... said. The new test will split the calculation of the benchmark into separate categories of superannuation products and switch to test platforms on a gross of tax basis. "The potential for adverse consumer outcomes is recognised through the government ...