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Showing 4831 - 4840 of 19420 results for "One"

Boutique to remediate clients

KANIKA SOOD  |  WEDNESDAY, 3 JUN 2020
... the responsible entity Equity Trustees said in communication sent to investors. Alpha was to remedy the error by making a one-off adjustment in the funds' NAV in May. For clients who were affected but have since redeemed from the funds, the remediation ...

Madison sale confirmed

JAMIE WILLIAMSON, KANIKA SOOD  |  WEDNESDAY, 3 JUN 2020
... with Clime, with Madison to form a core part of the group's strategy. "Similar to Madison's ethos, Clime, believes advice is one of the few parts of financial services where the value exchange is crystal clear - and people's lives are better for it," ...

Economic outlook not as bad as predicted: RBA

ELIZA BAVIN  |  WEDNESDAY, 3 JUN 2020
... (AGS) is at the target of around 25 basis points. "Given these developments, the bank has purchased government bonds on only one occasion since the previous board meeting, with total purchases to date of around $50 billion," he said. "The bank is prepared ...

Calls for overhaul of AFSL system

ELIZABETH MCARTHUR  |  WEDNESDAY, 3 JUN 2020
... appropriate approach and acknowledges the relationship between a client and their financial planner is a personal relationship, not one between an AFSL and the client. "Future reforms to the regulation of financial advice should occur through the professional ...

Global manager rolls out local access to alternatives fund

HARRISON WORLEY  |  WEDNESDAY, 3 JUN 2020
... their adjustments. "The COVID-19 crisis is forcing investors of all types to rethink risk and diversified alternatives are one of the exciting areas where we are seeing increased appetite from our clients," he said. "This new global multi-strategy draws ...

Clime buys Madison Financial Group

KANIKA SOOD, JAMIE WILLIAMSON  |  WEDNESDAY, 3 JUN 2020
... "Completion of the sale should occur within 14 days after execution, subject to the satisfaction of conditions precedent. One condition precedent is to obtain consent to the sale from Taiping Trustees Limited (ChinaTaiping), a Chinese state owned financier ...

Zurich pledges to COVID-19 support

ELIZA BAVIN  |  TUESDAY, 2 JUN 2020
... through the fundraising efforts of its employees around the country - including those that support the OnePath Life brand. One of the largest recipients of the local allocation is Foodbank Australia who will receive $1 million. The money will help Foodbank ...

AMP Foundation offers $2m for COVID-19 recovery

KANIKA SOOD  |  TUESDAY, 2 JUN 2020
AMP's corporate philanthropic foundation is offering $2 million in grants for non-profits working to meet COVID-19's challenges in the community. To be eligible, the organisation must have annual income of less than $20 million, derive less than 70% ...

Advice job market not all doom and gloom

ELIZABETH MCARTHUR  |  TUESDAY, 2 JUN 2020
... that there are a few key things financial advice candidates are looking for from employers amid upheaval in the industry. One is that they want clearly defined career pathways to see the benefits of the extra study they now have to do under the FASEA ...

FASEA boycott sparks in-fighting

ELIZABETH MCARTHUR  |  TUESDAY, 2 JUN 2020
Suggestions from one financial advice association that advisers should boycott the FASEA exam has led to a call for associations to merge in order to better represent the industry. The United Financial Advisers Association (UFAA) has called on its 6000-strong ...