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Showing 2491 - 2500 of 9740 results for "Major"

IOOF establishes super trustee office

HARRISON WORLEY  |  WEDNESDAY, 21 AUG 2019
IOOF believes it has actioned all 145 items required to meet licence conditions imposed by APRA late last year, including those which it failed to meet the original deadline for. In an update to the market late yesterday, IOOF said the independent reviewer ...

Salary sacrifice loophole bill insufficient: ISA

KRISTI CHENG  |  MONDAY, 19 AUG 2019
... loophole is a "positive step" in ensuring employees receive super, the reforms "fall a long way short" of addressing the major causes of unpaid super. ISA analysis of 2016-17 ATO data showed the loophole has led to more than 370,000 workers missing out ...

Netwealth FUA, adviser numbers rise

KARREN VERGARA  |  MONDAY, 19 AUG 2019
... sustainability and success of Netwealth." Meanwhile, the Royal Commission also led to a number of financial advisers from major wealth management institutions moving to Netwealth services as those looking to change platforms continued to increase. About ...

Super sector needs to end culture war

KRISTI CHENG  |  FRIDAY, 16 AUG 2019
... focusing on outcomes for savers. He also lamented the influence unions have over the industry, zeroing in on the "half a dozen major lobby groups are constantly decamped at Parliament House Canberra." Such lobby groups, he says, are reluctant to change ...

MLC transforms advice business

KARREN VERGARA  |  THURSDAY, 15 AUG 2019
... consolidating its aligned dealer groups down to two. MLC Wealth chief executive Geoff Lloyd today announced he is making major changes to its financial advice business ahead of separating from the NAB Group. This involves consolidating its advice brands ...

Association policy lead to join Treasury

ELIZABETH MCARTHUR  |  THURSDAY, 15 AUG 2019
The head of policy at a major industry association has taken a new role with Federal Treasury. Jordan George has been the head of policy at the SMSF Association for seven and a half years. The SMSFA confirmed to Financial Standard that George will step ...

Chief economist update: Greater than the Great Recession of 2008

BENJAMIN ONG  |  THURSDAY, 15 AUG 2019
... recession is ominously looming. Before Lehmann Bros collapsed on the 15 September 2008, policy rates among the world's major central banks were higher - 7.25% for the RBA (now 1%); 5.75% for the BOE (now 0.75%); 5.25% for the Fed (now 2.25%); 4.25% ...

BlackRock appoints Melbourne head

KANIKA SOOD  |  WEDNESDAY, 14 AUG 2019
... Rainmaker Mandate Chaser report. For example, UniSuper awarded BlackRock a $140 million mandate last July as it took its first major investment in Asian debt. Porter will report to BlackRock's new head of Australasia Andrew Landman and Australasia head ...

Praemium FUA skyrockets

KARREN VERGARA  |  TUESDAY, 13 AUG 2019
... new Integrated Managed Accounts platform is a great achievement, there remain many things for us to do," he said. The next major project is fully integrating the platform, and WealthCraft CRM and financial planning systems. The firm's international ...

Fidante loses $3.9bn of super fund assets

KARREN VERGARA  |  TUESDAY, 13 AUG 2019
... their investment strategies. In releasing its June financial year results this morning, Challenger flagged the loss of one major superannuation fund client it did not name, other than stating it was a "significant redemption" of equities by a profit-for-member ...