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Showing 241 - 250 of 1193 results for "Switch"

Advice industry loses 800 over New Year period

KARREN VERGARA  |  FRIDAY, 21 JAN 2022
The exit of 807 advisers during the Christmas and New Year break leaves the total population close to dipping below the 18,000 mark. There are currently 18,015 practising financial advisers left, according to Rainmaker's modelling of the ASIC Financial ...

Dramatic growth in non-aligned advisers: Research

KARREN VERGARA  |  THURSDAY, 20 JAN 2022
Financial advisers tilted towards the non-aligned sector at an unprecedented rate during 2021, a new report suggests. The 71% drop in adviser numbers came from aligned AFSLs, according to Rainmaker's Financial Adviser Report. The number of aligned ...

Financial watchdog warns on crypto

CHLOE WALKER  |  TUESDAY, 18 JAN 2022
... cryptocurrency investments. The corporate regulator said that it had noticed an increase in marketing, recommending Australians switch from retail and industry superannuation funds to SMSFs so that they can "invest in a high return portfolio". SMSF trustees ...

Industry responds to heatmap findings

CHLOE WALKER  |  FRIDAY, 17 DEC 2021
... disregard their insurance arrangements and not consider whether they can secure suitable life insurance cover should they switch funds," Briggs said. "Consumer are encouraged to seek financial advice that takes into account both their insurance and retirement ...

Aussies less confident about retirement age

KARREN VERGARA  |  TUESDAY, 14 DEC 2021
... retirement until 71. Only 13% expect a hard stop retirement, while the majority (57%) expect to reduce working hours or switch jobs. The global pandemic has dragged on the retirement dreams of many Australians, as they also feel that their savings will ...

One in three crypto owners to switch banks

ELIZABETH MCARTHUR  |  FRIDAY, 10 DEC 2021
A survey of Australian cryptocurrency owners, conducted by Visa, has revealed one in three plan to switch banks to one that offers crypto products. The survey of more than 790 financial decision makers across Australia found 33% of crypto owners are ...

The dark side of super switching: Research

ELIZABETH MCARTHUR  |  WEDNESDAY, 8 DEC 2021
... research from Griffith University and Iress has revealed the 'double-edged sword' of the ease with which consumers can switch their superannuation. The research analysed over 42,000 superannuation switching decisions from 1 January 2019 to 31 March 2021. ...

ESG overhaul for SSGA ETFs

JAMIE WILLIAMSON  |  WEDNESDAY, 1 DEC 2021
... emissions emerging markets ETF in WEMG. DJRE will change its name to the SPDR Dow Jones Global Real Estate ESG Fund and switch to tracking the Dow Jones Global Select ESG Real Estate Securities Index which uses the GRESB real estate ESG assessment. Meanwhile ...

BetaShares changes custodian for hedge funds

ELIZABETH MCARTHUR  |  FRIDAY, 26 NOV 2021
The custodian of BetaShares' listed hedge funds has changed. The ETF manager announced to the ASX that from November 26 Deutsche Bank AG will no longer serve as the custodian and prime broker for the three funds. Instead, BNP Paribas has been appointed. ...

ASIC enforces licence conditions on ASX

ANNABELLE DICKSON  |  WEDNESDAY, 24 NOV 2021
The corporate regulator concluded its investigation of the ASX market outage and imposed conditions to mitigate risks for future upgrades. Conditions have been imposed on the market licence of ASX Limited, and the clearing and facility licence of ASX ...