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Showing 2501 - 2510 of 28255 results for "NOT"

ETFs trump active managed funds in core portfolios

KARREN VERGARA  |  THURSDAY, 11 JUL 2024
... reveal that more advisers are looking to stay the course with their general approach to investment selection. Some 35% do not intend to make changes to client portfolios in the next year. This is higher than the 26% in 2023. However, in a significant ...

ASIC delivered court win over Firstmac DDO failure

JAMIE WILLIAMSON  |  THURSDAY, 11 JUL 2024
... this case because we were concerned that customers were exposed to the risk they might obtain a financial product that was not appropriate to their needs and objectives," ASIC deputy chair Sarah Court said. "This should act as a deterrent to anyone engaged ...

Insignia Financial overhauls operating model, executive team

JAMIE WILLIAMSON  |  THURSDAY, 11 JUL 2024
... superannuation role and a chief technology officer position. The chief executive, superannuation has been appointed but Insignia did not disclose as yet who is taking on the role, while the chief technology officer position is currently being recruited ...

Australian ETF industry blazes past $200bn

ANDREW MCKEAN  |  WEDNESDAY, 10 JUL 2024
The Australian ETF industry has rocketed past $200 billion in assets under management, with a prominent fund manager forecasting it could grow to $500 billion by 2030. ETF market capitalisation jumped by 15.7% in the first half of 2024 to $205.3 billion. ...

Government lifts funding to preserve banking in the Pacific

ANDREW MCKEAN  |  WEDNESDAY, 10 JUL 2024
... capital," Elliot said. "Business areas that don't offer enough scale to offset costs have become less attractive. "ANZ is not immune to this pressure." Secondly, he said that financial crime regulation has become more important globally, with tougher ...

Inflation pummels adviser pay by 20%

KARREN VERGARA  |  WEDNESDAY, 10 JUL 2024
... it less accessible." "Cost of on-going advice clients is already getting close to $4000 per annum, any further increase may not be acceptable to the client market." A survey from BT found that running a profitable business is a major worry for advisers. ...

MetLife refreshes two products

KARREN VERGARA  |  WEDNESDAY, 10 JUL 2024
... monthly income protection benefit calculation now includes bonuses, meaning policyholders are insured for their bonuses and not just salary. The Own Business option, which is for business owners and covers customers' loss of ability to ever work again ...

Political risk pushes institutional investors to cash: Report

ELIZA BAVIN  |  WEDNESDAY, 10 JUL 2024
... "Investor optimism toward Chinese equities faded in June with flows falling back from above to simply average levels. This did not deter stronger long-term investor inflows into other regional markets such as Korea, India and Indonesia, but it shows ...

Adviser permanently banned for faking qualifications

JAMIE WILLIAMSON  |  TUESDAY, 9 JUL 2024
... Planners, with a fake Financial Adviser Exam certificate and told colleagues and clients he had passed the exam when he had not. It further found he misled 24 clients, claiming to have met the education requirements when he provided them with personal ...

The investment managers winning the biggest mandates

ANDREW MCKEAN  |  TUESDAY, 9 JUL 2024
Some investment managers still scored large mandates despite an overall nosedive in appointments by not-for-profit super funds. Alphinity, which manages $31.39 billion of Australian-sourced funds, was awarded a $2.92 billion international equites mandate ...