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Showing 241 - 250 of 1020 results for "SoA"

Macquarie cash offering soars

ALLY SELBY  |  FRIDAY, 17 APR 2020
A Macquarie Bank cash offering has seen record interest as financial advisers look to safeguard their client's wealth amid the COVID-19 crisis. Speaking to Financial Standard, Macquarie banking and financial services head of payments and deposits ...

Healthcare outperforms as financials plummet

ALLY SELBY  |  FRIDAY, 17 APR 2020
The COVID-19 pandemic has seen Australia's healthcare sector soar as our financials, energy and real estate sectors plummet. However, S&P Dow Jones Indices senior director of global equity indices Michael Orzano said it's a trend that has been ...

A decade in the dust

ALLY SELBY  |  THURSDAY, 16 APR 2020
The COVID-19 pandemic could lead emerging markets to lose the last decade in progress, as the world sinks deeper into a global recession far worse than the Global Financial Crisis. That's according to State Street Global Advisors head of global ...

ASIC provides relief around early super access advice

JAMIE WILLIAMSON  |  TUESDAY, 14 APR 2020
... around the government's early access to super scheme, ASIC has allowed advice providers to not give a Statement of Advice (SOA) when doing so; permitted registered tax agents to give advice to existing clients about the scheme without an AFSL; and ...

Wall Street surges as Sanders drops out, Wuhan reopens

ALLY SELBY  |  THURSDAY, 9 APR 2020
News that Wuhan, the epicentre of the COVID-19 pandemic, has now opened for business saw Wall Street surge overnight, with the S&P 500 once again entering bull market territory. From its March 23 lows, the S&P 500 has surged 23%, signifying the end ...

Morningstar releases time saving tool amid crisis

ALLY SELBY  |  THURSDAY, 9 APR 2020
... growing revenue. Morningstar's financial planning software AdviserLogic will now feature a digital Statement of Advice (SoA) module, which will help streamline strategy selection, product comparison and document editing to make processes faster and ...

Could relief on advice compliance save consumers?

ELIZABETH MCARTHUR  |  THURSDAY, 2 APR 2020
... do more through records of advice rather than Statements of Advice, for example." Anderson said he's conscious that an SOA is something clients might not be able to wait for in the current circumstance. Transitioning grandfathered commission clients ...

Market recovery or dead cat bounce?

ALLY SELBY  |  TUESDAY, 31 MAR 2020
The government's $130 billion JobKeeper stimulus package saw the ASX soar 7% in its best session in 40 years. But are we witnessing a market recovery, or just a dead cat bounce? Today, the Aussie bourse followed a strong session in the US overnight ...

No time to look back

ELIZA BAVIN  |  FRIDAY, 27 MAR 2020
In rough times it can seem beneficial to look back at past experiences and think 'If I got through that, I can get through this', but if you ask the fund managers and traders of the world, the consensus is this time does not compare to 1987 ...

Dow skyrockets in two-day winning streak

ALLY SELBY  |  THURSDAY, 26 MAR 2020
The Dow Jones Industrial Average has posted second day of gains, rising 2.4% after witnessing its best one-day percentage gain since the Great Depression on Tuesday. "Turnaround Tuesday" saw the bourse surging 11.4% or 2112.98 points during trading ...