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Showing 3331 - 3340 of 9316 results for "Red"

New tool launches to help FASEA code compliance

ELIZABETH MCARTHUR  |  MONDAY, 2 DEC 2019
With less than 20 business days until the Financial Adviser Standards and Ethics Authority Code of Ethics comes into effect, some businesses are seeing opportunity. One such organisation is MyNextAdvice, which has launched a solution to help licensees ...

Chief economist update: Chinese green shoots?

BENJAMIN ONG  |  MONDAY, 2 DEC 2019
It might be a mere 0.2 point above the line but it was indication enough that China's manufacturing sector has stopped contracting. The official National Bureau of Statistics (NBS) China manufacturing PMI increased to a reading of 50.2 in November ...

Super fund PDSs to include single cost of product figure

HARRISON WORLEY  |  FRIDAY, 29 NOV 2019
ASIC has updated its guidance to superannuation funds and issuers of managed investment products on fees and cost disclosure, with a suite of new requirements set to apply from late-2020. The corporate regulator released an updated version of Regulatory ...

APRA responds to industry concerns

ELIZA BAVIN  |  THURSDAY, 28 NOV 2019
The prudential regulator has responded to submissions seeking clarity on its proposed Business Performance Review guide. APRA said a number of industry participants raised concerns over the proposed guide in submissions. The regulator said a number ...

Active fixed income funds review fees

KANIKA SOOD  |  WEDNESDAY, 27 NOV 2019
Fund managers of active fixed income strategies are rethinking their pricing as financial advisers and institutional investors drive a harder bargain in a lower-returning world, and new retail opportunities beckon. Several fixed interest giants, including ...

Industry still shy of flat dollar fees: Frontier

ELIZA BAVIN  |  WEDNESDAY, 27 NOV 2019
A report from Frontier Advisors suggests superannuation funds and investment managers are still not comfortable with flat dollar fees. The report, titled 'Managing costs and aligning interests: A decade on', written by director Fiona Trafford-Walker ...

Chief economist update: Let's talk about debt

BENJAMIN ONG  |  TUESDAY, 26 NOV 2019
... and three want government "structural reform", including measures to help the economy deal with climate change and remove red tape." "The 13 represent ten universities in five states. Among them are macroeconomists, economic modellers, former Treasury ...

Westpac halts short-term bonuses, culls Litepay

HARRISON WORLEY  |  MONDAY, 25 NOV 2019
The under-fire big bank will halt short term incentives for its executive team as it deals with the fallout from its alleged breaches of anti-money laundering and counter terrorism financing laws. Announcing the bank's three-point response plan ...

Retail fund swaps out K2

KANIKA SOOD  |  MONDAY, 25 NOV 2019
A $47 billion retail superannuation fund has dropped a K2 Asset Management Aussie equities fund for another manager's offering. The K2 Australian Absolute Return Fund managed $46.8 million on behalf of AMP Superannuation Trust and other AMP clients ...

AMP transfers 25% of accounts to ATO

ELIZA BAVIN  |  MONDAY, 25 NOV 2019
AMP executive Alex Wade has told a parliamentary inquiry that the company has transferred a quarter of its superannuation fund account to the Australian Taxation Office. Wade said these accounts were inactive, and AMP felt that transferring them to ...