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Showing 2711 - 2720 of 7425 results for "MAI"

FASEA bumps adviser CPD to 50 hours

JAMIE WILLIAMSON  |  WEDNESDAY, 25 JUL 2018
Financial advisers will need to complete 50 hours of continuing professional development under new proposals from the Financial Adviser Standards and Ethics Authority. Releasing its draft guidance on CPD, FASEA is proposing the number of hours advisers ...

SMSFA slams PC draft findings

KARREN VERGARA  |  WEDNESDAY, 25 JUL 2018
The SMSF Association has slammed the Productivity Commission for labelling smaller-sized self-managed super funds as "fundamentally flawed" and for not comparing returns on a level playing field. In its submission to the Productivity Commission's draft ...

ASIC unveils RG97 review

KARREN VERGARA  |  TUESDAY, 24 JUL 2018
ASIC has welcomed an independent report proposing 34 changes to fee transparency for superannuation funds and managed investments under Regulatory Guide 97. The report, prepared by managed investments and super regulation veteran Darren McShane, engaged ...

Pinnacle splashes $50m on acquisitions

KANIKA SOOD  |  TUESDAY, 24 JUL 2018
Pinnacle Investment Management is acquiring a 40% equity stake in a Melbourne boutique founded by former Vanguard executives and is powering towards another acquisition. The multi-boutique manager is paying $4 million for a 40% equity stake in Omega ...

Industry fund signs stewardship code

HARRISON WORLEY  |  TUESDAY, 24 JUL 2018
A $20 billion industry superannuation fund is the latest asset owner to sign up to Australia's new stewardship code. VicSuper is the latest signatory to the Australian Asset Owners Stewardship Code, which is set to play a key role in influencing the ...

Chief economist update: A pretty picture of the labour market

BENJAMIN ONG  |  FRIDAY, 20 JUL 2018
"I see trees of green, red roses too I see them bloom for me and you And I think to myself, what a wonderful world." I apologise for mixing my song lyrics but, you're as cold as ice (Foreigners) if yesterday's report on Australia's labour ...

Advisers grapple with client retention

KARREN VERGARA  |  WEDNESDAY, 18 JUL 2018
Financial advisers are losing clients and the ongoing financial services Royal Commission isn't helping. The good news is professional standards reform is helping restore the reputation of the industry, Investment Trends research reveals. In the ...

Chief economist update: The Goldilocks rate of interest

BENJAMIN ONG  |  WEDNESDAY, 18 JUL 2018
The neutral interest rate is the Goldilocks level of the fed funds rate - not too cold that it would continue stimulating growth (and lift inflation) and not too hot that it would cause economic activity to slow. Ho-hum. US Federal Reserve Chairman ...

FASEA-induced exodus increasingly likely

JAMIE WILLIAMSON  |  TUESDAY, 17 JUL 2018
About 20% of FINSIA's adviser members will leave the advice industry if they are forced to undertake additional postgraduate study. According to a survey conducted by the industry body in support of its submission to the Financial Adviser Standards ...

Family offices maintain equity allocations: Study

DARREN SNYDER  |  FRIDAY, 13 JUL 2018
Latest research shows less than one-third of family offices are using quantitative models to determine asset class allocations and position sizes. At the same time, equity allocations remain unchanged. These are the key takeaways from the most recent ...