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Showing 351 - 360 of 980 results for "SWA"

Industry funds sign off on $45 billion merger

EMMA RAPAPORT  |  TUESDAY, 25 JUL 2017
Industry superannuation funds Kinetic Super and Sunsuper signed a Successor Fund Transfer deed, authorising a merger of the two funds. The process, which began in April this year, sees the merged entity become one of the nation's biggest superannuation ...

SMSF software demand surges

KARREN VERGARA  |  THURSDAY, 6 JUL 2017
Super reforms have helped propel the demand for self-managed super fund software in the last financial year, according to Class Super. Class' SMSF market share surged to 24% from 19% year-on-year, hitting a record high of 140,000 client accounts in ...

ASIC clarifies IFA definitions, extends SoA deadline

JAMIE WILLIAMSON  |  TUESDAY, 27 JUN 2017
ASIC has stated its position on the use of restricted terms relating to the independence of financial advisers. Following external legal advice, ASIC has clarified that phrases such as 'independently owned', 'non-aligned' and 'non-institutionally owned' ...

The 2016 Census as a guide

BENJAMIN ONG  |  TUESDAY, 27 JUN 2017
Australia was in the midst of a recession; total population was just a little bit over 17 million; median house prices in Melbourne was $80,000 (in Sydney it was $115,825); there was rarely a traffic jam on the streets and you could take your pick of ...

Advice network buys into accounting industry

ALEX BURKE  |  MONDAY, 15 MAY 2017
An advice network nearing $5 billion in assets under management is now taking on the accounting sector with the acquisition of a full-service accountancy firm. AZ Next Generation Advisory recently acquired Peters and Partners, a firm established in ...

Asia leads growing green bond market

DARREN SNYDER  |  FRIDAY, 12 MAY 2017
Global green bond issuance increased 60% in 2016, continuing the asset class' rapid rise. Fitch Ratings' research shows green bond issuance rose to US$113 billion globally in 2016, underlining investor and issuer interest, especially exposure to environmental ...

AZ NGA edges on $5bn with next acquisition

ALEX BURKE  |  THURSDAY, 11 MAY 2017
AZ Next Generation Advisory's acquisition of a Cairns-based financial advice practice brings the firm's total assets under management to about $5 billion. The binding purchase agreement with Menico Tuck Parrish Financial Services (MTPFS), established ...

Another Budget, another promised surplus

BENJAMIN ONG  |  WEDNESDAY, 10 MAY 2017
A Budget here, and a Budget there, Budget, Budget, everywhere a Budget. Yes Virginia, it's Budget overload, there's wall to wall coverage of the Australian Federal government's 2017/18 Budget - before, during and after - its big reveal on the evening ...

ClearView slams APL standard

KARREN VERGARA  |  TUESDAY, 18 APR 2017
Listed financial advice firm ClearView criticised the Financial Services Council's life insurance approved product list draft standard as superficial and ineffectual, saying it will only allow sub-par practices to continue. ClearView managing director ...

Industry funds in merger talks

EMMA RAPAPORT  |  THURSDAY, 13 APR 2017
Two industry superannuation funds have signed a heads of agreement, giving in principle support for a merger. Kinetic Super, which manages $3 billion in retirement savings and operates for the benefit of more than 270,000 members, and Sunsuper, which ...