Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 4841 - 4850 of 18263 results for "Plan"

Challenger boutique winds up

KANIKA SOOD  |  TUESDAY, 11 FEB 2020
An alternatives boutique that Challenger's multi-boutique business Fidante partnered with in February last year has wound up. London-based FME Asset Management (Financial Markets Engineering) ran a derivatives-based strategy taking positions in ...

Advice industry compresses

ELIZABETH MCARTHUR  |  TUESDAY, 11 FEB 2020
New Rainmaker research reveals the financial advice industry in Australia is in a state of compression - as advisers leave in significant numbers and licensees are squeezed. The number of registered financial advisers decreased 15% last calendar year ...

Praemium expanding in UK, growing managed accounts

ELIZABETH MCARTHUR  |  MONDAY, 10 FEB 2020
Listed platform Praemium's half yearly results included an update about its UK business and its virtual managed accounts portfolios. The virtual managed accounts had a strong uplift, contributing to platform revenue being up 22%. Praemium's Virtual ...

IFM Investors hires from Mercer

ALLY SELBY  |  FRIDAY, 7 FEB 2020
IFM Investors have hired a former Mercer principal to help lead the firm's risk and compliance operations. Amanda Oliver commenced her role as Australian director of risk and compliance at IFM Investors on 3 February 2020. The role was previously held ...

Grow Super signs first admin client

KANIKA SOOD  |  FRIDAY, 7 FEB 2020
Grow Super has signed its first client for its superannuation administration platform which is based on distributed ledger technology. Startup superannuation fund GigSuper came onboard in late December, Grow Super deputy chief executive Adam Gee said. ...

Separate advice and product: AIOFP

ELIZABETH MCARTHUR  |  FRIDAY, 7 FEB 2020
The Association of Independently Owned Financial Professionals wants product failures and financial losses from those failures factored into the Compensation Scheme of Last Resort. The AIOFP said it agrees with the "general thrust" of the Compensation ...

Chief economist update: Coronavirus threatens Tokyo Olympics

BENJAMIN ONG  |  FRIDAY, 7 FEB 2020
The sooner the coronavirus is licked, the better for everybody - more so for Japan. The Diamond Princess Cruise Ship underscores the positive impact of tourism on Japan's economy. The nearly 4000 tourists quarantined aboard the ship due to the coronavirus ...

OneVue takes control of Madison

JAMIE WILLIAMSON  |  THURSDAY, 6 FEB 2020
OneVue has taken control of Madison Financial Group, working to arrange a sale of the dealer group which is home to close to 100 advisers. It's the latest development in the Sargon saga, which began last Wednesday when Sargon entered external administration ...

Calls for review of advice regulation

HARRISON WORLEY  |  THURSDAY, 6 FEB 2020
CPA Australia is campaigning government for a state funded review into the regulatory frameworks overseeing financial advice, which it believes alienate consumers and small business from the sector. In its pre-budget submission the peak body for certified ...

Pro-bono advice program for bushfire affected launches

ELIZABETH MCARTHUR  |  THURSDAY, 6 FEB 2020
... making insurance claims, accessing superannuation, debt management, replacing lost income and helping people to rebuild and plan for the future financially after the bushfires. "We expect those affected will face significant financial pressures requiring ...