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Showing 21 - 30 of 83 results for "Part 7.7 A"

Bell Financial Group in AUSTRAC probe

JAMIE WILLIAMSON  |  THURSDAY, 17 FEB 2022
... specifically examine the subsidiaries' compliance with the requirements to have an AML/CTF program and comply with Part A of that program; the requirement to have an ongoing customer due diligence program; suspicious matter report reporting obligations ...

Sustainability will send some broke: Research

ELIZABETH MCARTHUR  |  FRIDAY, 17 DEC 2021
Efforts to become more sustainable will challenge many firms and perhaps even bankrupt some, experts from MFS Investment Management have noted. In a new research note, MFS global investment strategist Robert Almeida and research analyst Robert Wilson ...

CFS drops admin fees on FirstChoice Employer Super

KANIKA SOOD  |  TUESDAY, 31 AUG 2021
Colonial First State yesterday said it will drop the administration fees on its FirstChoice Employer Super products from, ahead of the Your Future, Your Super test results today. Effective October, CFS will charge FirstChoice Employer customers 30bps ...

SEC chair to depart

ANNABELLE DICKSON  |  TUESDAY, 17 NOV 2020
The chair of the Securities and Exchange Commission (SEC) has announced his intention to depart at the end of 2021, ahead of his term. Jay Clayton has served as chair for over three years and has been one of the longest-serving chairs of the SEC. He ...

Zurich distribution chief joins boutique

JAMIE WILLIAMSON  |  FRIDAY, 18 SEP 2020
Zurich's chief distribution officer, life and investments is set to depart, taking on a new role with a boutique fund manager from December. The executive overseeing its group insurance proposition is also set to depart as the insurer restructures ...

US investment firm launches in Australia

ELIZABETH MCARTHUR  |  MONDAY, 13 JUL 2020
New York based ARP Investments has entered the Australian market through a partnership with Axius Partners. ARP currently manages US$2 billion in assets and describes itself as a boutique technology and innovation driven alternative systematic investment ...

Super CIOs defend illiquid assets

ELIZABETH MCARTHUR  |  THURSDAY, 30 APR 2020
At a virtual round table hosted by QIC the chief investment officers of AustralianSuper, LGIAsuper and more defended allocations to illiquid assets. Following weeks of scrutiny over potential liquidity issues facing super funds, the chief investments ...

It's not you, it's quarantine

ELIZA BAVIN  |  THURSDAY, 9 APR 2020
Many financial advisers may need to gear up to handle the aftermath of couples growing apart as they're forced together. China was expecting a boom in births when it eased mandatory quarantine laws, instead it has seen a surge in divorce applications. ...

Return of the king

ELIZA BAVIN  |  THURSDAY, 2 APR 2020
Holding cash as part of your portfolio may not be sexy, but in uncertain times investors are rushing back to old faithful. In January this year, Financial Standard published a piece on cash management and all those who held cash also held the same mentality ...

Advice groups criticise rushed legislation

ELIZABETH MCARTHUR  |  WEDNESDAY, 4 MAR 2020
The government's plan to implement recommendations from the Royal Commission has been met with concern and criticism from financial advice industry groups. Both the Association of Financial Advisers and The Advisers Association have lashed out at ...