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Showing 2031 - 2040 of 6216 results for "SIX"

Advice associations combine for code monitoring

DARREN SNYDER  |  TUESDAY, 18 DEC 2018
... commitment to lift ethical and professional standards. Signifying a rare moment in Australia's financial advice industry, six professional associations will submit a code monitoring compliance scheme application to ASIC. This would enable compliance ...

Adviser exam draft legislation released

JAMIE WILLIAMSON  |  MONDAY, 17 DEC 2018
... FASEA has determined the exam will be a 3.5 hour supervised test comprising at least 64 multiple choice questions and minimum six written responses. It will be open book for all statutory components. The exam will cover the regulatory and legal obligations ...

CFS swaps global equities managers

KANIKA SOOD  |  FRIDAY, 14 DEC 2018
... another Boston-based manager Acadian Asset Management. The $3.8 billion global equities fund mandates its investments to about six managers, who are reviewed periodically. "An assessment of the performance of quantitative managers determined that Acadian ...

Responsible investing rises on advice agenda

DARREN SNYDER  |  THURSDAY, 13 DEC 2018
... managers' brand profile relative to its peers within 10 key attributes, accounting for metrics such as perceived expertise across six asset classes and cut through via six communication channels. The leading five fund managers, according to the advisers ...

Centrepoint pulls out of NEOS Life

JAMIE WILLIAMSON  |  THURSDAY, 13 DEC 2018
... option deed has now been replaced with a loan agreement, with principal and interest repayments to be made by NEOS Life in six monthly tranches between June 2019 and June 2021. The shares held by Centrepoint have also now been sold to a related party ...

Challenger bolsters exec lineup

KANIKA SOOD  |  WEDNESDAY, 12 DEC 2018
... the funds management business has $81 billion in AUM at September end. At October end, it announced its chief executive of six years Brian Benari was stepping down to retire. His replacement, Howes, is a long-time Challenger executive, having started ...

CBA stashes cash for compliance

DARREN SNYDER  |  WEDNESDAY, 12 DEC 2018
... as its separation from CommInsure Life. In an update to the ASX on Tuesday evening, CBA said its financial results for the six months to 31 December 2018 (1H19) will be impacted from the provisional allocations. The bank said $200 million will be held ...

Super funds defend $5bn infrastructure investment

DARREN SNYDER  |  TUESDAY, 11 DEC 2018
... Investors and Tawreed Investments (a subsidiary of the Abu Dhabi Investment Authority). The consortium, representing more than six million Australians, owns 80% of NSW Ports. NSW Ports released a statement yesterday and said the agreements "operate in ...

Advisers failing to submit SMSF returns

DARREN SNYDER  |  TUESDAY, 11 DEC 2018
... 5000 have a debt over $300 (with no active payment arrangements), representing a total debt of about $115 million. "After six weeks, firmer action will be taken to enforce the laws, including investigations, prosecutions and proactive collection action ...

Challenger kicks off active ETFs

KANIKA SOOD  |  MONDAY, 10 DEC 2018
... full-time employee to its product development team. Meanwhile two others on the team have focused primarily on ETFs for the last six months. "We had to look at the operational flows between the team, the ETF and the market maker; work on a new product ...