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Showing 371 - 380 of 696 results for "Scope+"

Former Ausbil managers start small-cap fund

JAMIE WILLIAMSON  |  FRIDAY, 30 JUN 2017
The former managers of Ausbil's microcap team have started their own funds management firm. Tony Waters and Chris Prunty - who abruptly left Ausbil last month - have established QVG Capital with a view to officially launch in September. The firm's name ...

ASIC bans ex-AMP adviser

KARREN VERGARA  |  TUESDAY, 27 JUN 2017
ASIC permanently banned a Perth-based financial adviser for acting dishonestly and breaching his best interest duties in providing superannuation and insurance advice. David Fong was an authorised representative of AMP Financial Planning between January ...

Actuaries warn against one size fits all retirement products

JAMIE WILLIAMSON  |  MONDAY, 5 JUN 2017
The Actuaries Institute has urged the government to use caution when designing Comprehensive Income Products for Retirement, saying a prescriptive approach would see the proliferation of sub-scale, unsustainable products. In its submission to Treasury's ...

Moody's downgraded and upgraded China's ratings

BENJAMIN ONG  |  FRIDAY, 26 MAY 2017
"Frankly my dear, I don't give a damn." This is one of the immortal quotes from the 1939 classic movie, "Gone With the Wind" and, it appears, the same words China's financial markets gave to Moody's Investors Service when it downgraded China's long-term ...

Financial advisers should consider bitcoin as an asset class: Dunworth

MICHELLE BALTAZAR  |  MONDAY, 8 MAY 2017
There is no better way to understand blockchain technology than to invest in bitcoins, a digital currency that has outperformed traditional currencies in recent years, according to an industry expert. This week the cryptocurrency broke record-highs ...

Sovereign wealth fund growth steady

JAMIE WILLIAMSON  |  THURSDAY, 13 APR 2017
The total assets under management held in sovereign wealth funds globally levelled over the past two years, seeing growth of 1% between March 2016 and March 2017. The 2017 Preqin Sovereign Wealth Fund Review found assets grew to US$6.59 trillion from ...

ACSI welcomes new member

EMMA RAPAPORT  |  WEDNESDAY, 12 APR 2017
The Australian Council of Superannuation Investors is increasing its scope of influence with a new addition to its membership base. Corporate superannuation fund Qantas Super, which manages more than $7 billion in funds, will join 35 other Australian ...

Life insurance claims handling must improve: ISWG

JAMIE WILLIAMSON  |  FRIDAY, 7 APR 2017
The Insurance in Superannuation Working Group is calling for the removal of complexity around claims handling. Releasing the second of its discussion papers around the development of the Life Insurance Code of Practice for superannuation trustees, the ...

Korea scopes out Aussie asset management market

JAMIE WILLIAMSON  |  WEDNESDAY, 5 APR 2017
The Korean Financial Investment Association (KOFIA) is reviewing the state of Australia's asset management market and assessing the potential for future business ahead of the Asia Region Funds Passport scheme commencing at the end of 2017. As a partner ...

Super trustees need better vigilance: APRA

EMMA RAPAPORT  |  MONDAY, 27 MAR 2017
APRA's deputy chair Helen Rowell hit out at superannuation trustees who incur "inappropriate expenditures" saying that unnecessary costs negatively affect outcomes for members. Speaking to delegates at the 2017 Conference of Major Super Funds (CMSF) ...