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Showing 2171 - 2180 of 28255 results for "NOT"

MLC AM awards listed property mandate

KARREN VERGARA  |  FRIDAY, 25 OCT 2024
... a review of its global REIT strategy, the fund manager confirmed that NYSE-listed Cohen & Steers won a new mandate but did not disclose its size. BlackRock previously managed 30% of the global listed portfolio strategy while Canadian REIT specialist ...

Major global trends impacting advisers

ELIZA BAVIN  |  FRIDAY, 25 OCT 2024
... conditions. Schroders Australia chief executive and chief investment officer Simon Doyle said active managers need to understand not only what drives financial markets, but also investor behaviour during periods of market uncertainty. " The latest survey ...

CSLR warns adviser levy will balloon

KARREN VERGARA  |  FRIDAY, 25 OCT 2024
... following the passing of the Delivering Better Financial Outcomes (DBFO) Bill, where the service of dealing was unintentionally not captured by this reform. The ASIC Corporations (Amendment) Instrument 2024/809 amends the ASIC Corporations (Financial ...

Queensland-based financial firm loses AFSL

MATTHEW WAI  |  FRIDAY, 25 OCT 2024
... watchdog initially alleged the fund contained misleading statements, inadequate disclosure across its investments and was not as diversified as it claimed to be. The investigation is ongoing. Next Gen operated a financial services business in Queensland ...

APRA questioned on super performance test

ELIZA BAVIN  |  FRIDAY, 25 OCT 2024
... thematic review into trustees' progress against the retirement income covenant indicates some advancements are being made, but not in tracking and measuring the success of trustees' retirement income strategies," he said.

Operational risk reserve targets trimmed for larger funds

JAMIE WILLIAMSON  |  THURSDAY, 24 OCT 2024
... under management in reserve, to draw on in the event of an operational risk event. However, APRA said it is aware of funds not drawing on their operation risk reserves in instances such as these, despite the reserves being fully funded and the trustees ...

Advisers share winning intergenerational wealth strategies

ANDREW MCKEAN  |  THURSDAY, 24 OCT 2024
... a lot of older couples, but I think it's important to help the wife understand. They're intelligent people; they just may not have the financial acumen because they haven't had that opportunity in the past. I focus on that, so we don't struggle to retain ...

Delaying DBFO imposes 'generational' consequences

MATTHEW WAI  |  THURSDAY, 24 OCT 2024
... families will be left behind in financial limbo." According to CALI's research, the financial advice needs of Australians are not being met. More than 40% of Australians want personalised advice that could help them make informed decisions for specific ...

Down but not out: Busting defined benefit myths

ANDREW MCKEAN  |  WEDNESDAY, 23 OCT 2024
... offloading their responsibilities without addressing the underlying complexities. However, she clarified that this shift is not just about passing the risk but enhancing the sustainability of these long-term obligations. When DB funds transition their ...

Making a splash: The economic impact of AUKUS

KARREN VERGARA  |  WEDNESDAY, 23 OCT 2024
... secrecy and presented to the Australian public as a fait accompli." "My first point of critique of AUKUS is that its genesis did not meet the standards that we, the Australian public, have every right to expect in a healthy liberal democracy," he told ...