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Showing 391 - 400 of 1193 results for "Switch"

IMAP not anticipating regulatory overhaul

ELIZA BAVIN  |  WEDNESDAY, 25 MAR 2020
The chair of IMAP does not expect a major overhaul of the managed accounts space when ASIC's focus returns to the MDA review. Earlier this week, ASIC announced the MDA review is being put on hold, after "recalibrating" its regulatory priorities as it ...

COVID-19 to hasten merger talks

HARRISON WORLEY  |  TUESDAY, 24 MAR 2020
Latest analysis of Australia's superannuation industry shows COVID-19 may prove the catalyst for small superannuation funds to finally pull the trigger and merge. Rice Warner believes the turmoil experienced across financial services will soon force ...

Calls for super release to borrow from RBA

ALLY SELBY  |  TUESDAY, 24 MAR 2020
... wouldn't undermine the system," Davis said. To achieve this, Davis said super funds would need to allow members to switch their accounts into "drawdown mode" similar to the accounts used by pensioners. The ATO would need to be notified of members ...

Raiz defends double fee

ELIZA BAVIN  |  WEDNESDAY, 4 MAR 2020
... significantly less than the 8% decline in the ASX200," Lucas said. "This was assisted by the increased propensity of customers to switch between portfolios, for example, from aggressive to conservative, instead of withdrawing their funds, reflecting ...

HUB24 hires managed portfolios lead

HARRISON WORLEY  |  TUESDAY, 3 MAR 2020
HUB24's new head of managed portfolios has hit the ground running, securing the exclusive launch of Milliman's first range of managed accounts. Former Partners Wealth Group general manager Brett Mennie has joined HUB24 as the platform's head of managed ...

HUB24 also in line at Sargon

KANIKA SOOD  |  FRIDAY, 28 FEB 2020
HUB24 is owed about $4 million by Sargon subsidiaries, joining the group's other secured creditors OneVue, Westpac and Taiping Trustees. The eight companies, which include businesses like Diversa Trustees and CCSL, collectively have about $154 million ...

Why Phillip Morris gets ESG points

ELIZABETH MCARTHUR  |  FRIDAY, 28 FEB 2020
Ariel Investments chief investment officer Rupal J. Bhansali shared her contrarian views on ESG investing and why Phillip Morris International makes the cut. "Because we are risk aware managers we are going to be ESG aware," Bhansali said. "We believe ...

Unsatisfied HESTA members head for exit

ELIZABETH MCARTHUR  |  THURSDAY, 27 FEB 2020
... get HESTA to divest did not have the impact they'd hoped for, one Healthy Futures member suggested the group should switch funds. She said the Healthy Futures members who have already left HESTA have mainly joined Future Super. Healthy Futures now ...

Corrupt adviser banned, AFSL canned

ALLY SELBY  |  TUESDAY, 4 FEB 2020
... out of Brisbane and Broadbeach on the Gold Coast. The ASIC review found the Smart Solutions director recommended clients switch out of their existing superannuation and insurance products into higher fee paying products. It also found he had used a "layered ...

Coronavirus in, climate change out: Costello, deVere

ALLY SELBY  |  TUESDAY, 28 JAN 2020
... much higher casualty rates, a more defensive approach might be necessary. "However, the cost and effort of making such a switch means you do not do it lightly." He argued that a multi-asset approach would mitigate the long term risks of the new coronavirus. ...