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Showing 271 - 280 of 1218 results for "e61 Institute"

Actuaries Institute chief resigns

ALEX BURKE  |  WEDNESDAY, 11 OCT 2017
The chief executive of the Actuaries Institute resigned from his position and will leave at the end of the calendar year. David Bell joined the Actuaries Institute in 2014, replacing outgoing chief executive Melinda Howes. He was previously group managing ...

Active debate triggers Fidelity fee overhaul

ALEX BURKE  |  WEDNESDAY, 4 OCT 2017
Fidelity made significant changes to its global fee regime in response to ongoing debate concerning the value of active management. Describing the new fee model as a "fundamental change in how it charges for its services," Fidelity debuted its reduced ...

Expansion everywhere

BENJAMIN ONG  |  TUESDAY, 3 OCT 2017
"They float. They all float!" Nah, not scribbling to spook the bejeesus out of you ala Pennywise the clown of "It" fame. Au contraire, the quote refers to the manufacturing PMI survey releases showing that the world's biggest economies are all - not ...

ASIC toughens MDA suitability rules

KARREN VERGARA  |  THURSDAY, 14 SEP 2017
Platform providers and financial advisers offering a managed discretionary account (MDA) service should be mindful of the regulator cracking down on new suitability review requirements, a legal expert warns. Presenting at today's Financial Standard ...

Not happy enough

BENJAMIN ONG  |  THURSDAY, 14 SEP 2017
Australian consumers are happier in September than last month. The Westpac-Melbourne Institute (WBC-MI) index of consumer sentiment jumped by 2.5% to a reading of 97.9 this month from 95.5 in August with nearly all the survey's sub-indices recording ...

Iceberg MDAs driving managed account FUM

JAMIE WILLIAMSON  |  TUESDAY, 29 AUG 2017
The amount of money pouring into managed discretionary accounts has seen the total funds under management in managed accounts rise 22.5% in just six months. According to the FUM Census from the Institute of Managed Account Professionals, as at 30 June ...

Wage freeze

BENJAMIN ONG  |  THURSDAY, 17 AUG 2017
The Australian Bureau of Statistics' (ABS) 'Wage Price Index' report for the June quarter confirmed what we, Australians all, already know...wages growth remains sluggish. Even market consensus got it on point. Growth in total wages stood still at a ...

Wages separate businesses from consumers

BENJAMIN ONG  |  THURSDAY, 10 AUG 2017
Not happy Jan! This is the collective cry of Australian consumers according to the latest Westpac-Melbourne Institute consumer sentiment survey. Yet only a day before, the NAB business survey showed that business conditions in July were at their best ...

Business conditions return to pre-GFC levels

BENJAMIN ONG  |  WEDNESDAY, 12 JUL 2017
"We continue to be pleasantly surprised by just how upbeat the business sector is, given the context of a fairly beleaguered household sector that has been weighed down by limited wages growth and record levels of debt." These are the printed words ...

Fintechs pose disintermediation threat: CFA

KARREN VERGARA  |  TUESDAY, 11 JUL 2017
The latest CFA Institute report shows fintechs specialising in blockchain, robo-advice, mobile payments and peer-to-peer lending have the highest potential to disintermediate the financial services industry. CFA Society Sydney president Anthony Serhan ...