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Showing 301 - 310 of 1518 results for "MOT"

Off-platform assets consume advisers' time

KARREN VERGARA  |  MONDAY, 9 NOV 2020
Off-platform assets are increasingly taking up more of financial advisers' time as many express frustration with the lack of solutions available that can house all of their clients' assets. According to joint research by Praemium and Investment Trends ...

Chief economist update: Not out of the woods

BENJAMIN ONG  |  FRIDAY, 30 OCT 2020
The US has reversed its biggest economic contraction in history with the sharpest recovery on record. The US Bureau of Economic Analysis (BEA) reported that the country's GDP increased at annualised rate of 33.1% in the September 2020 quarter following ...

IOOF appoints executive, continues growth push

ELIZA BAVIN  |  THURSDAY, 29 OCT 2020
IOOF has announced the creation of a new executive role as it reports funds under management, advice and administration grew by $529 million in Q1 2021. IOOF chief executive Renato Mota has announced the appointment of a chief transformation officer ...

Westpac hit with $1.2bn of losses

KARREN VERGARA  |  MONDAY, 26 OCT 2020
Westpac will be hit with $1.2 billion worth of losses mostly driven by its life insurance business and AUSTRAC penalties. The bank flagged the massive loss ahead of releasing its full year 2020 results on November 2. Goodwill and intangibles associated ...

Gender doesn't influence company returns: Research

ELIZA BAVIN  |  MONDAY, 26 OCT 2020
Analysis of ASX 300 companies since 2005 has shown a 33.1% rise in women filling non-executive director (NED) roles has had no influence on company returns. The Ownership Matters (OM) study examined the total shareholder return for each company, during ...

Super's role in new $10bn infra spend

KANIKA SOOD  |  WEDNESDAY, 7 OCT 2020
Superannuation funds will be cautious in approaching the budget's $10 billion extra infrastructure spend promise, says Frontier Advisors. Last night, federal Treasurer Josh Frydenberg said it will increase the infrastructure investment pipeline ...

MySuper funds face new test, member bans

KANIKA SOOD  |  TUESDAY, 6 OCT 2020
Any MySuper products that fail a new APRA-administered annual test twice in a row will not be allowed to receive any new members until they improve their performance. The prudential regulator will conduct benchmarking tests on the net investment performance ...

Court blocks bid to freeze Phil Kingston's assets

KANIKA SOOD  |  WEDNESDAY, 30 SEP 2020
A court has blocked an attempt by Sargon's Chinese lender to freeze the assets of Phil Kingston, as the latter heads towards public questioning next month. China Insurance Finance Group Ltd commenced court proceedings on August 24, seeking repayment ...

Advisers shift to ETFs from active managers: VanEck

ELIZA BAVIN  |  TUESDAY, 29 SEP 2020
Financial advisers are increasingly using exchange traded funds (ETFs) over concerns about the cost and performance of actively managed funds, according to VanEck. VanEck's fifth annual smart beta survey revealed 87% of advisers use ETFs in client ...

Super Recruiters announces chair

ANNABELLE DICKSON  |  WEDNESDAY, 23 SEP 2020
Wealth management recruitment firm Super Recruiters has appointed a former Rabobank executive as chair. Cathy Doyle has over 20 years' experience in human resources and was most recently group executive human resources at Rabobank for over three years. ...