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Showing 4031 - 4040 of 20552 results for "BEN"

ASIC consults on consumer remediation

ELIZABETH MCARTHUR  |  THURSDAY, 3 DEC 2020
ASIC has released a consultation paper to update the regulatory guide on client review and remediation conducted by financial advice licensees. Regulatory Guide 256: Client review and remediation conducted by advice licensees will be clarified through ...

Best super, pension fund revealed

JAMIE WILLIAMSON  |  THURSDAY, 3 DEC 2020
The best superannuation and pension funds have been named in the annual Money magazine Best of the Best Awards. In determining the awards, Rainmaker Information reviewed MySuper products, and asset classes that include growth, balanced, moderate (capital ...

US wealth manager acquires three Aussie firms

ELIZABETH MCARTHUR  |  THURSDAY, 3 DEC 2020
... team to focus exclusively on what we do best and enjoy the most - servicing our clients," Link founder and managing director Ben Kohn said. Westwood is a boutique wealth management firm headquartered in Brisbane which was previously owned by an entity ...

Macquarie acquires US wealth manager

ANNABELLE DICKSON  |  THURSDAY, 3 DEC 2020
Macquarie Asset Management has entered into an agreement to acquire US-based asset and wealth manager Waddell & Reed Financial, Inc with further plans to offload part of the business to an advisory firm. The transaction values Waddell & Reed Financial ...

Chief economist update: Australia is out

BENJAMIN ONG  |  THURSDAY, 3 DEC 2020
Team Australia has done it! There are still some naysayers but using the internationally-accepted and widely-used measure of a recession - two consecutive quarters of negative GDP growth - Australia is technically out of it. The Australian Bureau of ...

Coolabah to manage Contango fund

KANIKA SOOD  |  WEDNESDAY, 2 DEC 2020
Christopher Joye's Coolabah Capital has been appointed to manage a floating-rate bond fund from Contango Asset Management. The Switzer Higher Yield Fund (or SHYF) will aim for 1.5% to 3% over RBA cash rate on a rolling 12-month basis. The fund will ...

Pinnacle executive director steps back

KANIKA SOOD  |  WEDNESDAY, 2 DEC 2020
Pinnacle Investment Management's Adrian Whittingham is transitioning to a part-time role, with the view of becoming a non-executive director late next year. He requested the change to part-time, the firm said in ASX filings. He will continue to be a ...

Funds' net-zero ambitions collide with Santos

ELIZABETH MCARTHUR  |  WEDNESDAY, 2 DEC 2020
Australian oil and gas company Santos' carbon reduction plan has been heavily criticised, with critics pointing out many super funds invested in the company have made declarations on climate change that don't match their actions. According to ...

Climate change-focused fund introduced

RACHEL ALEMBAKIS  |  WEDNESDAY, 2 DEC 2020
Aviva Investors has launched a climate-change related fund that tilts towards companies transitioning to a low carbon economy. The Aviva Investors Climate Transition Global Equity Fund is benchmarked to outperform the MSCI All Countries World Index ...

Aussies lost money due to lack of advice

ELIZABETH MCARTHUR  |  WEDNESDAY, 2 DEC 2020
Despite Australia living up to its reputation as a lucky country during the COVID-19 pandemic, Australians' investments took a bigger hit than their international counterparts - likely due to a lack of financial advice. New research from PIMCO surveyed ...