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Showing 3831 - 3840 of 8611 results for "DIF"

Fund managers' transparency poor: Research

KARREN VERGARA  |  FRIDAY, 10 NOV 2017
Lack of transparency in Australia's funds management industry not only lags global standards, it could also be deteriorating retirement savings, according to a new study. Commissioned by Monash University's Australian Centre for Financial Studies (ACFS) ...

Greater tech support needed for goals-based advice strategies

JAMIE WILLIAMSON  |  FRIDAY, 10 NOV 2017
Despite growing popularity of the goals-based advice model, financial advisers are struggling to integrate existing systems with the goals-based approach. An opportunity exists for financial planning software providers to develop a solution capable ...

China trade deficit with Australia widens

BENJAMIN ONG  |  THURSDAY, 9 NOV 2017
Timely or well-timed but the release of China's trade balance just as US President Trump lands in the Middle Kingdom should help partly assuage Donald's displeasure with the US-China trade imbalance. China's trade surplus contracted sharply to US$38.2 ...

The PI risks of goals-based advice

JAMIE WILLIAMSON  |  THURSDAY, 9 NOV 2017
Financial advisers making the switch to goals-based advice must ensure they are adequately covered with professional indemnity insurance. That was the warning heeded by delegates at the inaugural Association of Goals Based Advice conference in Sydney ...

For Stanford Brown, life begins at 30

MICHELLE BALTAZAR  |  THURSDAY, 9 NOV 2017
Sydney-based financial planning group Stanford Brown doesn't do things by halves. On the eve of its 30th anniversary, it announced a string of initiatives that sets it apart from traditional advice businesses. Last month Stanford Brown marked its 30 ...

BTIM delivers record profit despite fee pressure

ALEX BURKE  |  WEDNESDAY, 8 NOV 2017
BT Investment Management boosted its cash net profit after tax by 11% to $173.1 million, despite a 51% dip in performance fee earnings. The profit was mostly driven by strong net inflows of $4.7 billion; the boost in funds under management - up 14% ...

State Street global chief to retire

ALEX BURKE  |  WEDNESDAY, 8 NOV 2017
State Street's global chief executive will retire next year after more than 30 years with the global financial services firm. Jay Hooley took the reins at the US' second-oldest financial institution in 2010, having joined in 1986. Over the past three ...

Former BBY adviser cops 10-year ban

KARREN VERGARA  |  WEDNESDAY, 8 NOV 2017
A former BBY financial adviser has been banned for 10 years, while an ex-CBA adviser pleaded guilty to forging client documents, corporate regulator ASIC said. ASIC banned Perth-based Sergio Nicolo Belardo, a former authorised representative of stockbroking ...

China poised for asset management boom

KARREN VERGARA  |  WEDNESDAY, 8 NOV 2017
China is forecast to become the second largest asset management market globally by 2019, sitting just behind the US, according to Casey Quirk. The consultancy firm also anticipates China will attract half of the industry's new asset flows in two years' ...

Managed accounts sector knuckles down on data standards

JAMIE WILLIAMSON  |  WEDNESDAY, 8 NOV 2017
Some of the biggest names in investment, technology and financial advice will work together to develop efficient standards for the exchange of managed account data. An industry working group led by the Institute of Managed Account Professionals has ...