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Showing 491 - 500 of 3417 results for "Update"

ASIC updates breach reporting guidelines

KARREN VERGARA  |  FRIDAY, 28 APR 2023
ASIC has updated breach reporting procedures in the hope that it can help reduce regulatory burdens for financial advisers. The corporate watchdog detailed several changes to Regulatory Guide 78 Breach reporting by AFS licensees and credit licensees ...

YFYS sanctions don't help existing members: ISA

CHLOE WALKER  |  THURSDAY, 27 APR 2023
... product's true performance and opens the test to manipulation," it argued. In early April, the government announced it would update the YFYS performance test by extending the assessment from eight to 10 years, as well as editing several benchmarks to ...

Perpetual progresses Pendal integration

JAMIE WILLIAMSON  |  THURSDAY, 27 APR 2023
... leadership teams and regional structures by the end of next month, while also flagging further consolidation. Providing an update to the ASX as to the integration of Pendal, Perpetual said its immediate focus has been on defining and implementing an ...

Insignia reports advice outflows, adviser losses

JAMIE WILLIAMSON  |  WEDNESDAY, 26 APR 2023
... comes as it reports nearly $500 million in outflows for the Advised channel and further adviser losses. In a quarterly update today, Insignia Financial said it will change the naming conventions used to describe the advice channels to Professional Services ...

Clime outlines growth focus, wins mandate

CHLOE WALKER  |  WEDNESDAY, 26 APR 2023
... accounts capability following strong client demand, while also flagging its first family office consulting mandate. In an update to the ASX, Clime said its total funds under management and advice grew to $5.6 billion in the March quarter. About $1.3 ...

GAM, Liontrust in merger talks

JAMIE WILLIAMSON  |  WEDNESDAY, 19 APR 2023
... reported a loss of $15.9 million. The GAM board has been reviewing the business and its strategy and plans to provide an update alongside the results. GAM currently has about $123 billion in assets under management, while Liontrust has close to $62 b ...

Equity Trustees enlists HUB24 for custodial platform admin

ANDREW MCKEAN  |  TUESDAY, 18 APR 2023
HUB24 has entered into a Heads of Agreement with Equity Trustees to provide custodial platform administration and technology solutions. The agreement between Equity Trustees and HUB24 covers large transitions totalling around $4 billion funds under ...

RBA reforms require bipartisan support: Chalmers

KARREN VERGARA  |  TUESDAY, 18 APR 2023
Treasurer Jim Chalmers intends to gain full support from all sides of politics before implementing the changes recommended by the panel tasked with reviewing the Reserve Bank of Australia (RBA). Chalmers told a press conference yesterday that he will ...

AIA launches retail rewards program

KARREN VERGARA  |  TUESDAY, 18 APR 2023
... discount of up to 17% on some bundled products. Healthier Life Reward forms part of AIA's Priority Protection portfolio. In an update to Priority Protection, AIA has amended past and future medical definition pass-back upgrades, whereby customers with ...

Why clients fire their financial adviser

KARREN VERGARA  |  MONDAY, 17 APR 2023
New Morningstar research reveals the underlying reasons why clients dump their financial advisers that are not related to costs or investment performance. The survey of US-based clients found three core reasons why they let go of their advisers. The ...