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Showing 4431 - 4440 of 10553 results for "BEI"

Aberdeen LIC internalises management

ALEX BURKE  |  THURSDAY, 25 JAN 2018
Following on from the decision to remove Aberdeen Asset Management as investment manager in October, Aberdeen Leaders Limited (ALR) has named its internalised investment team and unveiled a new name for the listed investment company. ALR chair Brian ...

ASIC shines spotlight on insurance advice

DARREN SNYDER  |  THURSDAY, 25 JAN 2018
Among the 200 financial planning client files reviewed by ASIC, 10% were considered to have serious concerns over life insurance arrangements. The corporate regulator most concerned about financial advice that led to clients changing life insurance ...

O'Dwyer proposes compulsory unpaid super law

KARREN VERGARA  |  THURSDAY, 25 JAN 2018
The Federal Government is proposing all employers transition to the Single Touch Payroll (STP) system from 1 July 2019 under its superannuation guarantee reform package. What previously applied to employers with 20 employees or more is now being extended ...

Vertically integrated institutions failing to manage conflicts of interest

JAMIE WILLIAMSON  |  THURSDAY, 25 JAN 2018
Financial advisers employed by Australia's five largest vertically integrated institutions failed to act in the best interests of clients 75% of the time, favouring their own products and leaving clients ''significantly worse off" in 10% of cases. These ...

Infrastructure investment needs rethink

DARREN SNYDER  |  WEDNESDAY, 24 JAN 2018
Infrastructure investors which become heavily involved in infrastructure development must reconsider investment approaches in 2018 as tried-and-tested project management models do not fit modern demands. Global infrastructure financing firm AECOM recently ...

Product agnostic planners boost ETFs

JAMIE WILLIAMSON  |  WEDNESDAY, 24 JAN 2018
Australia's ETF market could have fee-for-service financial planners to thank for its ongoing growth. Total funds under management for ASX-listed ETFs increased 44.2% in the 12 months to November 2017 to hit a record $35.5 billion. Researcher Cerulli ...

EY issues ICO theft warning

KARREN VERGARA  |  WEDNESDAY, 24 JAN 2018
Investors have lost about US$400 million in the initial coin offering (ICO) market due to theft and cyberattacks, a new EY report shows. EY studied 372 ICO projects globally in 2017 that raised US$3.7 billion in funds - twice the volume of venture capital ...

Advice group solidifies Gen-Y positioning

JAMIE WILLIAMSON  |  WEDNESDAY, 24 JAN 2018
The future of financial advice will be built around businesses which cater to niche markets, leading to more advisers joining boutique planning groups. This is the view of Wealth Enhancers co-founder and chief investment officer Finn Kelly. The firm ...

Advice clients most satisfied with goals-based approach

JAMIE WILLIAMSON  |  TUESDAY, 23 JAN 2018
Goals-based advice is gaining ground with fresh insight suggesting it leads to greater levels of client satisfaction. Latest Investment Trends analysis shows planners with the most satisfied clients "are often those who are successful in creating congruity ...

Lack of advice costing women in retirement

JAMIE WILLIAMSON  |  MONDAY, 22 JAN 2018
Financial advisers must work closely with female clients to devise strategies to safeguard their retirement savings in the event of a career break. Insight from a recent REST Industry Super survey shows career breaks are costing women at least $160,000 ...