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Showing 491 - 500 of 1866 results for "broker"

Challenger kicks off active ETFs

KANIKA SOOD  |  MONDAY, 10 DEC 2018
... advantage. "We probably took longer than we had expected but we are expecting strong pick up from SMSF direct channels, broker-advised channels and adviser channels," Hamilton said. "We have a very strong distribution network and it is natural for us ...

Impact investment manager grows board

JAMIE WILLIAMSON  |  FRIDAY, 7 DEC 2018
The deputy chair of ASIC's Markets Disciplinary Panel joined a $730 million impact fund manager as a guardian of purpose. Impact Investment Group (IIG) has welcomed legal and risk professional Cilla Boreham to the board of Impact Funds Management, which ...

Royal Commission: And that is a wrap

KANIKA SOOD  |  FRIDAY, 30 NOV 2018
The public were provided a glimpse into the tireless work of the financial services Royal Commission as Commissioner Kenneth Hayne and counsel assisting Rowena Orr made closing remarks this afternoon. The final day's hearings adjourned at 1.15pm and ...

Increase adviser standards sector-wide: FSU

JAMIE WILLIAMSON  |  FRIDAY, 23 NOV 2018
The new professional standards imposed on financial advisers should be rolled out across the entire financial services sector. That is the view of the Finance Sector Union which said a process of professionalisation should extend to other occupations ...

UBS fined for careless conduct

DARREN SNYDER  |  WEDNESDAY, 21 NOV 2018
ASIC's Markets Disciplinary Panel confirmed UBS Securities paid a $120,000 fine for breaching market integrity rules over a series of trades on the ASX in 2017. The Markets Disciplinary Panel issued the infringement notice for transactions in relation ...

Special Report: Hitting new ETF goals

KARREN VERGARA  |  FRIDAY, 16 NOV 2018
... GFC, fixed income ETFs were used an asset allocation tool and post-crisis became capital markets tools. During the GFC, broker dealers pulled back from the cash bond market to conserve capital, shed assets and subsequently meet more stringent regulatory ...

More than half of advisers without association membership

JAMIE WILLIAMSON  |  THURSDAY, 8 NOV 2018
Latest research suggests more than half of the financial advisers in Australia are not affiliated with any industry association, despite the impending professional standards reform. Rainmaker analysis shows just 12,400 of Australia's financial advisers ...

Managed accounts provider replaces Praemium

KANIKA SOOD  |  FRIDAY, 2 NOV 2018
... admin costs. In the newer professionally managed accounts solution, the money is held in the client's own name at the broker. The new 55bps fee for the professionally managed solution includes management and rebalancing from the company's investment ...

NAB signals more bad advice remediation

KARREN VERGARA  |  THURSDAY, 1 NOV 2018
Among its FY18 results, National Australia Bank flagged that bad advice and fees for no service remediation will continue to dampen its future financial performance. Numerous contingent liabilities and potentially paying out more compensation plagued ...

Wealth group announces new chief executive

DARREN SNYDER  |  THURSDAY, 25 OCT 2018
... He understands very well what the network wants, and he will be rolling up his sleeves to work with the franchisees and broker partners to give them what they need to be successful." In August, YBR rejected a takeover bid from Mercantile OFM. At the ...