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Showing 411 - 420 of 700 results for "Disruption"

IOOF advice remediation hits $235m

KARREN VERGARA  |  MONDAY, 26 AUG 2019
... offering choice to clients, "we believe we are well positioned to take advantage of market opportunities as industry disruption continues, the banks exit the industry, and as client and adviser needs evolve," he said. The integration of former ANZ licensees ...

Government should intervene in BOLR changes: Opposition

JAMIE WILLIAMSON  |  FRIDAY, 23 AUG 2019
... deadline," the statement read. "We thought carefully about how to help all advice practices to address the significant disruption and regulatory change across the industry including the ceasing of grandfathered commissions." AMP said it is committed ...

AMP advice lead rejects AMPFPA claims

JAMIE WILLIAMSON  |  MONDAY, 19 AUG 2019
... out. "We're focused on practices that are strong, professional and compliant, and have the scale to navigate the disruption... I think it's important to note we're investing half a billion dollars in this business. We're doubling down ...

BlackRock appoints Melbourne head

KANIKA SOOD  |  WEDNESDAY, 14 AUG 2019
The US $6.8 trillion global investment giant has appointed a head of Melbourne in a newly-created role following strong demand for its strategies from local investors. David Porter will move from London where he is the managing director, head of UK ...

Advisers to bear brunt of AMP failings

JAMIE WILLIAMSON  |  FRIDAY, 9 AUG 2019
... of grandfathered commissions in early 2020. De Ferrari added that those practices that commit to seeing through the disruption will likely end up much more profitable, healthier and sustainable as a result. Further, the spokesperson said AMP has thoroughly ...

Chief economist update: Oil market slides from bull to bear

BENJAMIN ONG  |  FRIDAY, 7 JUN 2019
Crude oil prices have dropped, turning this year's bull market into a bear market. Oil prices rallied nearly 50% from January to April this year on the back of the Fed's pause; China's stimulus measures and expectations of continued easy ...

Fintech no real threat: Researcher

ELIZABETH MCARTHUR  |  TUESDAY, 21 MAY 2019
... resources to invest in their own or joint technology, Moody's said. However, smaller banks may still be vulnerable to disruption from fintechs. Moody's vice president and senior analyst Daniel Yu said: "Fintechs have grown substantially in recent years ...

Investec closes robo-advice

ELIZABETH MCARTHUR  |  MONDAY, 20 MAY 2019
... both clients and staff of Investec Click & Invest," Investec said. "Our prime concerns from this point are to minimise disruption for clients and ensure that employees are treated with respect and fairness." Clients of Click & Invest were written to ...

New fund administrator enters Australian market

ELIZABETH MCARTHUR  |  WEDNESDAY, 24 APR 2019
... automated cash allocation, rebalancing, trade order management and oversight. It said the Australian market is ripe for disruption from technology companies, because unit pricing and fund admin projects can be complex. "FRS is proud of its proven track ...

Chief economist update: Equity market rally has legs

BENJAMIN ONG  |  TUESDAY, 16 APR 2019
Equity markets everywhere may not be climbing in a straight line, but they are climbing. This is happening against a backdrop of continued global economic and financial uncertainties. In its 'World Economic Outlook, April 2019' report - where ...