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Showing 371 - 380 of 1635 results for "Recommended"

Daniel Crennan resigns

ELIZABETH MCARTHUR  |  MONDAY, 26 OCT 2020
... rental allowance ASIC had paid to me," he said. "Following its audit of ASIC's financial statements, the ANAO has recommended that an independent review be conducted into issues raised regarding relocation payments, including mine. That review will ...

Calls to axe TPB for financial advisers

ELIZABETH MCARTHUR  |  FRIDAY, 23 OCT 2020
... executive Dante De Gori recently said that the establishment of a new single disciplinary body for financial advisers, as recommended by the Royal Commission, could be yet another agency that advisers had to fund which duplicates regulation. "The single ...

MySuper reforms could have downsides

ELIZABETH MCARTHUR  |  FRIDAY, 9 OCT 2020
... ratings agencies which score "team stability" very highly. In May this year, Lonsec downgraded AustralianSuper from recommended to investment grade due to high staff turnover. "There is definitely a challenge for fund managers when it comes to the 'perception ...

Super reforms modest negative for AMP, IOOF: Credit Suisse

KANIKA SOOD  |  WEDNESDAY, 7 OCT 2020
... HUB24, with their advised-superannuation assets, are not impacted according to Credit Suisse. The government also recommended stapling members to accounts, to stop mushrooming of superannuation accounts. This will be a "net negative" for Link Group whose ...

CBA progresses with divestment to AIA

ANNABELLE DICKSON  |  WEDNESDAY, 30 SEP 2020
... lawsuit was filed against CBA by Shine Lawyers on behalf of customers who obtained CommInsure life insurance products recommended by a CBA-licensed adviser. Class Actions practice leader Craig Allsopp said group members were entitled to compensation ...

Alex Waislitz urges OVH shareholders to vote no

KANIKA SOOD  |  TUESDAY, 29 SEP 2020
... last notice filed with the ASX and does not include yesterday's buying. Both offers from Iress have been unanimously recommended by the OVH board. "They are a shareholder, [we] speak to them regularly and they have been an excellent long-term shareholder," ...

IRESS caves in, ups OneVue bid

KANIKA SOOD  |  MONDAY, 28 SEP 2020
... offer" but it still has the right to make a matching offer if a competing bid emerges. The old offer was unanimously recommended by OVH's board but elicited dissatisfaction from one of its largest shareholders and sell-side analysts. On June 11 ...

Financial advice firms facing failure: Dynamic Asset Consulting

ELIZA BAVIN  |  MONDAY, 28 SEP 2020
... need to be managed differently in an environment where major economic risks and crises loom large. "Most portfolios recommended by financial advisers are based on a low inflation environment and falling interest rates," he said. "That is the benign environment ...

More clarity on life insurance best interest duty needed: Research

ELIZA BAVIN  |  FRIDAY, 25 SEP 2020
... product features, underwriting and claims practices that promote closer alignment between consumers and insurers. It recommended that insurers gain better insights into customer claims experience, adopt simpler and cheaper products with a focus on return ...

ASIC, IOSCO report on debt capital raisings

ALLY SELBY  |  THURSDAY, 24 SEP 2020
... conflicts of interest and insuring information provided to investors is not misleading. ASIC commissioner Cathie Armour recommended that "all licensees should review ASIC's findings and consider whether their controls for the allocation process in DCM ...