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Values-based approach will advance advice

DARREN SNYDER  |  WEDNESDAY, 11 OCT 2017
... Mandela said financial advisers should adapt to and advance change with a values-based approach instead of trying to be the next popular item. Zelda la Grange told delegates at the AFA 2017 National Adviser Conference that working with Mandela for 20 ...

2017 AFA Rising Star crowned

JAMIE WILLIAMSON  |  WEDNESDAY, 11 OCT 2017
... Financial Services was awarded the accolade, which is supported by ANZ Wealth, for her efforts in paving the way forward for the next wave of advice. AFA chief executive Phil Kewin recognised acknowledged Taylor's engagement with clients and her passion ...

Magellan soars past $1.5bn for massive IPO

KARREN VERGARA  |  WEDNESDAY, 11 OCT 2017
Magellan's new listed investment trust (LIT) has raised $1.55 billion ahead of listing on the ASX next week - representing one of the largest IPOs for a listed investment vehicle. The Magellan Global Trust represents the next phase of Magellan's ongoing ...

ECB exit: 2018 or 2021?

BENJAMIN ONG  |  WEDNESDAY, 11 OCT 2017
... policy, and then we need to do it. My opinion is clear: we should begin to scale back our bond purchases at the beginning of next year." With these words, Sabine Lautenschlager -- Member of the Executive Board of the ECB and Vice-Chair of the Supervisory ...

The 50 names you need to follow

DARREN SNYDER  |  TUESDAY, 10 OCT 2017
... the 54 names you need to follow at the AFA 2017 National Adviser Conference. Yes there are more than 100 speakers over the next three days but if you cover off these 54 names above, then Financial Standard believes you're likely to collect a comprehensive ...

FS Live Blog: 2017 AFA National Adviser Conference

MICHELLE BALTAZAR  |  TUESDAY, 10 OCT 2017
... 12pm - The Hon. Kelly O'Dwyer, Minister for Revenue and Financial Services, provides an update on government reforms due next year, including the transition to AFCA, the Australian Financial Complaints Authority, a one-stop ombudsman service for consumer ...

MLC fixes premiums for 12 months

KARREN VERGARA  |  TUESDAY, 10 OCT 2017
MLC Life Insurance's base premium rates for retail life insurance policies will remain on hold until October next year. This affects MLC Insurance, MLC Insurance Super, Protectionfirst, Personal Protection Portfolio and Life Cover Super retail customers. ...

Powerwrap names new chief executive

JAMIE WILLIAMSON  |  TUESDAY, 10 OCT 2017
... Bennelong Wealth Partners and chief operating officer of one of the largest single family offices in Australia will be the next chief executive of Powerwrap. Following the resignation of Cormac Heffernan in December 2016, the $7 billion platform will ...

No more slack?

BENJAMIN ONG  |  MONDAY, 9 OCT 2017
... basis point rate hike this coming December a certainty. What's not certain is whether Janet Yellen will still lead the Fed next year.

Asset managers tested, remain optimistic: Research

KARREN VERGARA  |  FRIDAY, 6 OCT 2017
... managers canvassed in State Street's Growth Readiness Study said they are optimistic about hitting growth targets over the next five years. More than half (56%) believe buoyant economic growth will drive greater business opportunities. The report cautioned ...