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Showing 4361 - 4370 of 18263 results for "Plan"

Hobart adviser cops ban

ALLY SELBY  |  WEDNESDAY, 29 JUL 2020
ASIC has banned a Hobart-based financial adviser from providing financial services for five years after he encouraged clients to inappropriately double gear their investments. Meritum Financial Group authorised representative David Horton has been banned ...

ASIC terminates illegal investment scheme

ALLY SELBY  |  WEDNESDAY, 29 JUL 2020
The Federal Court has taken action to dissolve an unregistered investment scheme operated by a former AMP authorised representative. MyWealth Manager was operated by Mustafa Mohammed, along with Mahek Mustafa, Mubashir Mohammed. The scheme related to ...

Chief economist update: Gold 2000

BENJAMIN ONG  |  WEDNESDAY, 29 JUL 2020
... is lost, hard commodities, especially gold, provide a safer haven. So much so that even central banks are loading up (or plan to) on gold. After buying 650 metric tonnes of the metal last year, Forbes cites a World Gold Council survey indicating that ...

Lonsec adds to research team

ANNABELLE DICKSON  |  WEDNESDAY, 29 JUL 2020
Lonsec has appointed two senior investment analysts following the launch of its sustainability research which includes coverage of 11 funds. Ron Mehmet has joined the fixed income team, having previously been an investment specialist at Perpetual for ...

APRA intervention blindsided AFA, FPA taskforce

ELIZABETH MCARTHUR  |  TUESDAY, 28 JUL 2020
At the Financial Services Council Life Insurance Summit, the heads of financial advice industry associations admitted to being blindsided by APRA's intervention on individual disability income insurance. Association of Financial Advisers chief executive ...

Aussie investors unhappy with pandemic performance

ANNABELLE DICKSON  |  TUESDAY, 28 JUL 2020
... distressed or opportunistic strategies that seek to benefit from the pandemic fallout. A further 22% have not yet done this but plan to in the coming months. bfinance found only 25% of respondents are changing their strategic asset allocation this year ...

Corporate super plan appoints chair

KANIKA SOOD  |  MONDAY, 27 JUL 2020
A corporate superannuation plan has appointed a new chair from Frontier Advisors, as the incumbent retires after 16 years. Gabriel Szondy will chair the Alcoa of Australia Retirement Plan, which manages retirement savings for the employees of Alcoa ...

Calls for broad default life insurance system

ELIZA BAVIN  |  MONDAY, 27 JUL 2020
There have been renewed calls from the country's major life insurers and adviser groups for a reset of the life insurance sector to allow for greater access. The Choice and Assess to Life Insurance (CALI) campaign, includes members from AIA, MLC ...

FASEA confirms 2021 exams

ELIZABETH MCARTHUR  |  FRIDAY, 24 JUL 2020
FASEA has confirmed the exam schedule for 2021, after the extension was passed. The authority will run six exam sittings in 2021 at metropolitan and regional locations around Australia. "We have seen a strong performance by most advisers sitting the ...

US pension funds form trading alliance

ALLY SELBY  |  FRIDAY, 24 JUL 2020
... markets to benefit asset owners. California Public Employees' Retirement System (CalPERS), Healthcare of Ontario Pension Plan (HOOPP), Ohio Public Employees Retirement System (OPERS), and State of Wisconsin Investment Board (SWIB) along with eSecLending ...