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Showing 2521 - 2530 of 4932 results for "MIS"

Advisers cautious over fixed income allocations

DARREN SNYDER  |  THURSDAY, 22 FEB 2018
The $600 billion sitting in Australian term deposits tells a story that financial advisers and investors still treasure cash and there's apprehension to move money into once defensive fixed income assets. J.P. Morgan global market strategist for Australia ...

Lennox launches micro-cap fund

ALEX BURKE  |  MONDAY, 19 FEB 2018
Fidante-aligned Australian equities boutique Lennox Capital Partners is launching a new micro-cap fund. The Lennox Australian Microcap Fund will hold between 20 and 40 Australian and New Zealand companies and aims to outperform the S&P/ASX Small Ordinaries ...

Australian Ethical names new COO following restructure

ALEX BURKE  |  FRIDAY, 16 FEB 2018
Following the restructure of its finance and operations arms, Australian Ethical's joint chief financial officer and chief operating officer has resigned, and a new COO has been appointed in the process. Rob Plow will become Australian Ethical's new ...

FASEA accelerates degree equivalency agenda

JAMIE WILLIAMSON  |  THURSDAY, 15 FEB 2018
FASEA chief executive Deen Sanders told the SMSF Association's 2018 National Conference that as part of the new financial adviser education regime a proposed framework for degree equivalence will be released in coming weeks. "Having heard the anxiety ...

Planners vital to closing super gap: Research

JAMIE WILLIAMSON  |  MONDAY, 12 FEB 2018
Latest research from Roy Morgan suggests there is greater potential for the superannuation gap to be closed if women were more inclined to engage a financial planner. According to a recent survey of more than 50,000 consumers, 8.3% of females purchase ...

Royal Commission seeks further disclosure over financial misconduct

DARREN SNYDER  |  MONDAY, 12 FEB 2018
Commissioner Kenneth Hayne had to repeatedly ask some of Australia's largest financial services businesses to properly explain the nature, extent and effect of any misconduct over the past five to 10 years. Overseeing the Royal Commission into the Misconduct ...

SEC cracks down on fee transparency

KARREN VERGARA  |  FRIDAY, 9 FEB 2018
The US Securities and Exchange Commission (SEC) announced it will crackdown on financial product providers' fee disclosures the year ahead in a bid to protect mum and dad investors. The SEC made it clear that one of its main priorities this year is ...

General advice "misleading": Productivity Commission

JAMIE WILLIAMSON  |  WEDNESDAY, 7 FEB 2018
The Productivity Commission is calling for the existing notion of general advice to be scrapped. In its draft report into competition in the Australian financial system, the Productivity Commission argues the use of the term 'advice' should be limited ...

CBA puts away $500m for regulatory costs

DARREN SNYDER  |  WEDNESDAY, 7 FEB 2018
Commonwealth Bank posted a $4.7 billion after-tax profit in the first half of FY18 and its wealth management arm was a standout performer. However the bank has also put aside more than $500 million for ongoing legal and customer remediation costs. CBA's ...

Industry fund creates finance role

DARREN SNYDER  |  TUESDAY, 6 FEB 2018
A $9.2 billion industry superannuation fund aims to take its financial reporting to new highs following a senior appointment in its newly-created head of finance role. Joining Vision Super as head of finance is Bryan Collins. Most recently the senior ...