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Showing 3561 - 3570 of 9740 results for "Major"

Active returns at their worst since 2009

ALEX BURKE  |  WEDNESDAY, 22 FEB 2017
The majority of Australian actively-managed funds in all categories underperformed their respective benchmarks in calendar 2016 - the first time this has happened since 2009. Over the 12 months to December 31, the 2016 S&P Dow Jones Indices Versus Active ...

Advisers embrace new education regime

JAMIE WILLIAMSON  |  WEDNESDAY, 22 FEB 2017
Financial advisers have wasted no time in readying themselves for the future following the passing of the professional standards legislation earlier this month. Mentor Education saw an immediate surge in enrolments in its programs after the Corporations ...

More firepower in Challenger play

DARREN SNYDER  |  WEDNESDAY, 22 FEB 2017
... products which address the needs of Australian retirees," Benari said. Challenger's half-year results were headlined by three major distribution announcements - an annuities partnership with BT Panorama; white-labelling a Standard Life Investments absolute ...

Fox urges advisers to become professionals

EMMA RAPAPORT  |  TUESDAY, 21 FEB 2017
... professional body, while a significant majority voted that the association should name and shame individuals who commit a major breach of the code of ethics. Ending on a hopeful note, Fox dismissed the historic negative view of the industry, saying that ...

ASIC watching SMSF advice closely

JAMIE WILLIAMSON  |  MONDAY, 20 FEB 2017
ASIC will undertake a major project focused on the advice provided to self-managed super fund clients, particularly around the establishment of SMSFs, as the regulator continues its work to lift the standard of financial advice in Australia. Deputy ...

Fraser review challenges super board independence

DARREN SNYDER  |  FRIDAY, 17 FEB 2017
The Bernie Fraser review of industry superannuation fund governance puts the onus of proof back on the government to demonstrate that one-third independent boards are the best way forward. "It is far from self-evident that simply mandating minimum numbers ...

Bligh appointed ABA chief executive

EMMA RAPAPORT  |  FRIDAY, 17 FEB 2017
... Australian Bankers Association, a role which will require her to weather the storm of a possible Royal Commission into the major banks. In a statement Bligh said she is excited about the opportunity to strengthen public trust in the banking system. "Our ...

Super must continue excellence path: O'Dwyer

JAMIE WILLIAMSON  |  FRIDAY, 17 FEB 2017
The superannuation system must be the best it can possibly be to ensure that every Australian is confident in controlling their own destiny. That was the overarching theme of Minister for Revenue and Financial Services Kelly O'Dwyer's address to the ...

Vanguard chief says embrace robo-advice

JAMIE WILLIAMSON  |  FRIDAY, 17 FEB 2017
... world and fixed interest returning a couple of hundred basis points below their 30-year averages, so what you have is two major liquid asset classes running below with more uncertainty and therefore more volatility," McNabb said. "That is a really dangerous ...

RG 97 to lift fees 50 bps

ALEX DUNNIN  |  THURSDAY, 16 FEB 2017
... allocation, investment strategy and performance," EY wrote in a recent review note. EY added, however, that there are still major implementation issues to be overcome and that funds and investment operators need to be prepared for this new reporting ...