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Showing 331 - 340 of 1020 results for "SoA"

Annuity sales soar as deferred products loom

JAMIE WILLIAMSON  |  THURSDAY, 24 AUG 2017
The increasing need for financial advisers to develop income layering strategies for clients has helped drive Colonial First State's lifetime annuity sales up by more than 80% in the last 12 months. Now with $850 million in annuities under administration ...

Retail managed accounts option gains traction

KARREN VERGARA  |  WEDNESDAY, 16 AUG 2017
A new platform is targeting investors directly with promises to save time and huge amounts of fees through the benefits of a managed discretionary account service. Touted as Australia's first direct-to-client automated alternative managed accounts offering ...

Advice business offers enforceable undertaking

JAMIE WILLIAMSON  |  TUESDAY, 1 AUG 2017
... statement claiming the FIA-branded product would generate long-term returns. ASIC said that in the majority of cases in which an SoA was issued recommending clients switch to the FIA-branded product, the additional information required from an adviser ...

SQM rolls out low-cost adviser platform

ALEX BURKE  |  MONDAY, 31 JUL 2017
... receive a full risk-return profile." "This has been a significant missing piece when advisers write a Statement of Advice (SOA). SQM will overcome this gap," he said.

The Trump risk on global trade

BENJAMIN ONG  |  FRIDAY, 14 JUL 2017
If it's any indication, China's latest international trade accounts underline the current missive of strengthening global growth and with it, global trade. China's trade surplus improved to US$42.77 billion in the month of June from US$40.79 billion ...

Steady increase for life insurance premium flows

KARREN VERGARA  |  MONDAY, 10 JUL 2017
Life insurance premium inflows inched 2.1% in the 12 months to March, the latest analysis from Strategic Insight shows. The report, which analyses life insurance across group risk insurance, individual risk lump sum and risk income insurance, found ...

ASIC clarifies IFA definitions, extends SoA deadline

JAMIE WILLIAMSON  |  TUESDAY, 27 JUN 2017
... urgent superannuation advice in preparation for next week's reforms. Advisers will now have an additional 30 days to provide a SoA pertaining to personal advice provided to retail clients about a superannuation product connected to the legislative reforms ...

Expansions maintained despite dashed expectations

BENJAMIN ONG  |  MONDAY, 26 JUN 2017
Markit Economics' preliminary estimates show that while the purchasing managers' indices (PMI) for the US, the Eurozone and Japan all came in below market expectations, all remained in expansion. The IHS/Markit flash US composite output index slipped ...

ASIC consults on new statement of advice

EMMA RAPAPORT  |  WEDNESDAY, 31 MAY 2017
... advice for life insurance. The regulator's latest consultation paper seeks feedback on the new example Statement of Advice (SOA) and related updates to the guidance in Regulatory Guide 90 - Example Statement of Advice: Scaled advice for a new client ...

Confidence slip

BENJAMIN ONG  |  THURSDAY, 13 APR 2017
Boom conditions but waning confidence. This is the message from the latest NAB Business Survey report. The NAB's business conditions index soared by points to a reading of +14 in March, more than reversing the 3-point decline in the previous month. ...