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Showing 2161 - 2170 of 9316 results for "Red"

AFA chief outlines vision

KARREN VERGARA  |  TUESDAY, 21 SEP 2021
... our individual and collective mindsets". "Reset our relationship with government to achieve outcomes that reduce unnecessary red tape and compliance costs to ensure a sustainable sector and profession and enable more Australians to get affordable advice," ...

Adviser overwhelm explained

ELIZABETH MCARTHUR  |  TUESDAY, 21 SEP 2021
... and how costs of this would flow through to the advice industry. The AFA and Anderson therefore want to see a reduction in red tape and recognition from government that the financial advice industry has significantly increased its professionalism since ...

BlackRock warns against reforms based on assumptions

JAMIE WILLIAMSON  |  TUESDAY, 21 SEP 2021
In its submission to the inquiry into common ownership, BlackRock point out the theory behind the inquiry is "based on fundamental misconceptions", adding that any possible reforms based on ideas still under debate would be premature. Citing a 2015 ...

More advisers switching practices

KARREN VERGARA  |  TUESDAY, 21 SEP 2021
Nearly 1700 financial advisers jumped from one practice to another in the year to August, Rainmaker's adviser movements pipeline shows. The newly launched database found 1689 advisers moved from one employer to another, while the month to August saw ...

ASIC worried about finfluencers

ELIZABETH MCARTHUR  |  TUESDAY, 21 SEP 2021
ASIC is concerned that Australians are turning to financial influencers for advice because professional financial advice is too expensive. New ASIC chair Joe Longo spoke at the Association of Financial Advisers' annual national conference. Longo said ...

Investment consultants launch net zero scheme

ANNABELLE DICKSON  |  TUESDAY, 21 SEP 2021
Investment consultant firms from across the world with US$10 trillion in assets under advice have joined together to launch a global net zero initiative. JANA, Frontier, Willis Towers Watson, bfinance, Barnett Waddingham, Cambridge LCP, Meketa, Hymans ...

AMP reduces super fees

JAMIE WILLIAMSON  |  MONDAY, 20 SEP 2021
Members of AMP's super products will see savings across both administration and investment fees from October, with some set to make significant savings. As a result of consolidating its superannuation products from 11 to three, AMP's MySuper ...

Hostplus grilled on common ownership, collusion

KARREN VERGARA  |  MONDAY, 20 SEP 2021
Hostplus was grilled about its relationship with IFM Investors at a parliamentary hearing that sought to uncover any evidence of collusion and anti-competitiveness. MP Tim Wilson, who chaired the Standing Committee on Economics hearing on common ownership ...

FSC suggests CSLR improvements

KARREN VERGARA  |  MONDAY, 20 SEP 2021
The Financial Services Council has highlighted numerous holes in the Compensation Scheme of Last Resort in a bid to prevent financial advisers that "have done nothing wrong" from paying for the scheme. The FSC is calling on corporate regulator ASIC ...

Common ownership concerns redundant: AustralianSuper

ANNABELLE DICKSON  |  MONDAY, 20 SEP 2021
The $225 billion industry fund's outgoing chief executive Ian Silk is adamant the fund will never engage actively in common ownership, while also hinting at plans to bring more investing in-house. Appearing at a Standing Committee on Economics hearing ...