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Showing 4271 - 4280 of 10553 results for "BEI"

Poor SoAs hindering advice process

JAMIE WILLIAMSON  |  MONDAY, 21 MAY 2018
There is growing concern that a lack of clear and consistent templates for Statement of Advice documents is potentially causing financial advice clients to sign off on advice they don't actually understand. Paraplanning services provider YTML has seen ...

Blue Sky short seller launches new fund

KANIKA SOOD  |  FRIDAY, 18 MAY 2018
One of the men behind the US hedge fund which successfully shorted Blue Sky Alternative Investments is starting an activist investment fund of his own. Former Glaucus Research director and chief investment officer at Glaucus Investments, Soren Aandahl ...

Industry funds call for super shortfall reform

JAMIE WILLIAMSON  |  FRIDAY, 18 MAY 2018
The likelihood of a comfortable, self-sufficient retirement will diminish over the next decade for about 3.1 million Australians, according to new research. Recent findings from AustralianSuper and Cbus suggest the changing nature of work will create ...

Advisers struggling with SMSF diversification

JAMIE WILLIAMSON  |  FRIDAY, 18 MAY 2018
Only one in five financial advisers consider clients' self-managed superannuation funds to be well diversified. The 2018 SMSF Insights Paper - a collaboration between Investment Trends, BT Financial Group and the SMSF Association - shows that despite ...

ASIC cancels Melbourne firm's AFSL

KANIKA SOOD  |  THURSDAY, 17 MAY 2018
ASIC has cancelled the Australian financial services (AFS) licence of a Melbourne-based advice firm, which was among a trio of companies that copped a $7.2 million fine from the corporate regulator in February. ASIC took Wealth & Risk Management Pty ...

Fees for no service compensation unfinished business: ASIC

DARREN SNYDER  |  THURSDAY, 17 MAY 2018
Newly-minted ASIC chair James Shipton said there will be more consumer compensation to come over fees for no service financial advice. Three months into his role, Shipton addressed the annual Australian Council of Superannuation Investors (ACSI) conference ...

Peak bodies join forces over due diligence

HARRISON WORLEY  |  THURSDAY, 17 MAY 2018
The Australian Institute of Superannuation Trustees and the Financial Services Council have joined forces, releasing guidance tools designed to help fund managers prepare operational due diligence reports for the superannuation industry. The FSC has ...

Industry fund awards emerging markets mandate

DARREN SNYDER  |  WEDNESDAY, 16 MAY 2018
An investment manager fast approaching US$10 billion in assets under management and advice recently won an emerging markets equities mandate from an industry superannuation fund. ClariVest Asset Management will manage the $75 million mandate from the ...

Link Group names Fund Solutions chief

ALEX BURKE  |  TUESDAY, 15 MAY 2018
Link Group named the new chief executive for its Link Fund Solutions business. Most recently, Paul Khoury was head of global services for Australia and New Zealand at State Street. He previously held three other State Street roles: Asia Pacific head ...

Chief economist update: All Ords rising

BENJAMIN ONG  |  TUESDAY, 15 MAY 2018
Six index points or 0.1% is all the All Ordinaries index needs to add to by the close of today's trading activity and it would match the decade-high (January 2008) closing level of 6241.46 points recorded on January 9 this year. As at yesterday's ...