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Showing 2511 - 2520 of 5260 results for "SCA"

Statewide still keen on mergers

KANIKA SOOD  |  MONDAY, 9 SEP 2019
All options are on the table at Statewide Super, including looking at potential retail fund partners, but three-way mergers are too much execution risk, according to chief financial and operating officer Grant Eastwood. Statewide canned plans to merge ...

Boutique AFSL acquires advice practice

JAMIE WILLIAMSON  |  THURSDAY, 5 SEP 2019
A boutique financial advice group has acquired a Parramatta-based firm focused on risk advice. Profile Financial Services has acquired Orion Financial Group, a risk-focused advice practice established 35 years ago in Parramatta. The Orion Financial ...

Financial incentive provokes misconduct: Research

ELIZABETH MCARTHUR  |  THURSDAY, 5 SEP 2019
New research from Macquarie Business School shows removing measures that promote self-interest - like performance based bonuses - is the way to promote ethical behaviour. The research, which was supported by ASIC, looked at risk culture and unethical ...

Merger costs may impact short-term returns: ASI

KANIKA SOOD  |  WEDNESDAY, 4 SEP 2019
Merging superannuation funds may see a one-off dip in their investment performance as they recoup transition costs, according to a panel at the 2019 Australian Superannuation Investment Conference. Appearing on the panel, Tasplan chair Naomi Edwards ...

Intra-fund advice must improve: Rice Warner

HARRISON WORLEY  |  WEDNESDAY, 4 SEP 2019
Superannuation funds have failed to solve the problems around access to financial advice, and both members and the funds themselves will suffer until they do, according to Rice Warner. The research house has struck the superannuation industry for failing ...

First carbon neutral super fund named

KRISTI CHENG  |  TUESDAY, 3 SEP 2019
The Federal Department of Environment and Energy has certified a $50 billion superannuation fund as Australia's first carbon neutral fund. HESTA is the first super fund to be certified carbon neutral for emissions produced from its operations. Chief ...

Former Equip chief joins Cbus

KARREN VERGARA, KRISTI CHENG  |  FRIDAY, 30 AUG 2019
The former chief executive of Equipsuper has moved to a $50 billion industry superannuation fund, taking on the lead role of strategy and growth. Two other executives have also been appointed. Nicholas Vamvakas joined Cbus in August as the group executive ...

YBR to remediate wealth clients

KARREN VERGARA  |  FRIDAY, 30 AUG 2019
Yellow Brick Road is expecting to compensate wealth clients close to $1 million for failing its fee disclosure statements obligations. During the 2019 financial year, the ASX-listed firm identified some advice clients with ongoing fee arrangements may ...

Chief economist update: The fear of Brexit

BENJAMIN ONG  |  THURSDAY, 29 AUG 2019
"Pompa mortis magis terret quam mors ipsa." Translated into the quotee Francis Bacon's - English philosopher, statesman and essayist - mother tongue, "The pomp of death alarms us more than death itself." Yes Virginia, you know where I'm going ...

LIC announces board changes

KARREN VERGARA  |  TUESDAY, 27 AUG 2019
A listed investment company managed by Investors Mutual announced changes to its board of directors. QV Equities (QVE) added a new member to its board after John McBain, the joint chief executive of Centuria Capital, retires after five years of service. ...