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Showing 301 - 310 of 1413 results for "ROA"

AMP Australia announces new leadership team

KANIKA SOOD  |  TUESDAY, 11 MAY 2021
AMP Australia chief executive Scott Hartley has announced a new leadership team and an updated operating model. Hartley will have seven direct reports. This includes three external hires, including a new managing director advice, a chief investment ...

Macquarie Wrap reaches new milestone

ANNABELLE DICKSON  |  MONDAY, 10 MAY 2021
The Macquarie Wrap platform has hit new heights, recording over $100 billion in assets under administration. As at 31 March 2021, Macquarie Wrap has $101.4 billion in AUA, 21% market share and annual flows of $4.9 billion. Head of wealth product and ...

AMP Capital invests in India

KARREN VERGARA  |  THURSDAY, 6 MAY 2021
AMP Capital has made its inaugural infrastructure debt investment in India, co-financing a deal that will help build major roads for the country. AMP Capital is committing about US$73 million to listed road infrastructure company Sadbhav Infrastructure ...

Life industry to launch framework

ANNABELLE DICKSON  |  WEDNESDAY, 21 APR 2021
The life insurance industry is developing a Professional Standards Framework for all claims and underwriting professionals, with support from the Australian and New Zealand Institute of Insurance and Finance (ANZIIF). The framework is being developed ...

ASIC extends advice relief measure

KARREN VERGARA  |  THURSDAY, 15 APR 2021
ASIC is extending the relief measure that allows financial advisers to provide a Record of Advice (ROA) rather than a statement of advice (SOA) until October 15. The decision to extend the relief measure came after consulting with the industry, the ...

Chief economist update: Too much of a good thing could be a bad thing

BENJAMIN ONG  |  WEDNESDAY, 31 MAR 2021
Healthier consumers are happier consumers are spending consumers. US consumer confidence has rebounded to its highest level since the onset of the pandemic in America in March last year. This is hardly surprising with cases of coronavirus infections ...

Cbus awards $240m mandate

ELIZABETH MCARTHUR  |  THURSDAY, 18 MAR 2021
The $60 billion industry super fund for the construction and building sectors has announced a new $240 million mandate. Impax Asset Management has been awarded the mandate in a move focused on investing in opportunities arising from the transition away ...

Mercer joins net-zero club

ELIZA BAVIN  |  WEDNESDAY, 3 MAR 2021
Mercer Australia has committed to achieve net-zero carbon emissions by 2050 for its Australian funds and the Mercer-managed investment options within Mercer Super. This represents a combined $36.4 billion in assets under management as at 31 December ...

Vanguard to launch retirement income tool

ELIZA BAVIN  |  TUESDAY, 23 FEB 2021
Vanguard has announced it is launching the Vanguard Retirement Income Builder tool for financial advisers. Vanguard Australia head of intermediary Rebecca Pope announced the upcoming launch of the Vanguard Retirement Income Builder at Vanguard's recent ...

Wage subsidy to rescue advice industry

ELIZABETH MCARTHUR  |  FRIDAY, 12 FEB 2021
With just 65 new names appearing on the ASIC Financial Adviser Register in 2020, the rapid decline in adviser numbers has industry experts calling for a wage subsidy to incentivise advice practices to take hire graduates. In its pre-Budget submission ...