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Showing 491 - 500 of 1253 results for "Nature"

Active fixed income funds review fees

KANIKA SOOD  |  WEDNESDAY, 27 NOV 2019
... products in the unlisted space as well over the last three years," Wong says. A third driver in active fees is a shift in the nature of an adviser's role. They are increasingly ceding investment decision making to consultants and managed accounts providers ...

APRA to take transparent approach

HARRISON WORLEY  |  TUESDAY, 19 NOV 2019
... simply pin their prudential health on strong balance sheets, despite recognising the "financially sound and resilient" nature of the nation's banks, insurers and superannuation licensees. "Although governance, culture, remuneration and accountability ...

No pat on the back for high performers: APRA

HARRISON WORLEY  |  FRIDAY, 15 NOV 2019
... the risk tolerance of the member base," Ross said "The decision to focus on five-year returns highlights the long term nature of superannuation. "With insurance being default opt-out for most members, this benchmarking aspect is also very important." ...

FS Roundtable: Striking the perfect balance

KARREN VERGARA  |  THURSDAY, 14 NOV 2019
... long-term strategy to cater to clients who are also long-term focused. Australian banks and hybrids are attractive given the nature of the franking credit system, Schween says, noting that a small portion is allocated to gold as a hedge. Alternative ...

Industry fund revamps MySuper offering

KANIKA SOOD  |  WEDNESDAY, 6 NOV 2019
... objective will go up from 2.5% above CPI to 4% above it, on a net after fees and tax basis. "Considering the long term nature of superannuation we have determined that changing our default MySuper investment option to one that invests in more growth ...

Trustee firm, super fund in hot water

JAMIE WILLIAMSON  |  WEDNESDAY, 6 NOV 2019
... adequately monitored by Tidswell and ZIB. According to documents filed with the court, the advice provided was personal in nature and provided without a Statement of Advice. False and misleading statements about superannuation, insurance products and ...

Chief economist update: Fed pause could be a short one

BENJAMIN ONG  |  FRIDAY, 1 NOV 2019
... issues, according to people familiar with the matter. They remain concerned about President Donald Trump's impulsive nature and the risk he may back out of even the limited deal both sides say they want to sign in the coming weeks." No doubt, Trump ...

ASIC wins appeal against Westpac companies

KANIKA SOOD  |  MONDAY, 28 OCT 2019
... whether or not Westpac's telephone sales campaigns amounted to advice and if that advice was personal or general in nature. In 2014 and 2015, Westpac ran telephone and snail-mail campaigns to encourage customers to roll over external superannuation ...

Westpac takes $1 billion profit hit

ELIZA BAVIN  |  THURSDAY, 24 OCT 2019
... (IFTIs), which Westpac self-reported to the agency. "Westpac has not yet received an indication from AUSTRAC about the nature of any enforcement action it may take. The Group is continuing to work with AUSTRAC in relation to these matters," the bank ...

Whistleblower calls out approved product lies

ELIZA BAVIN  |  WEDNESDAY, 23 OCT 2019
... insurers from competitive pressures for decades and effectively mitigated the risk of competition and evolution. "If the nature, purpose and intent of the Future of Financial Advice reforms and the Royal Commission's recommendations are to improve ...