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Showing 501 - 510 of 1614 results for "Majority of"

Chief economist update: Fed future move depends on dollar direction

BENJAMIN ONG  |  MONDAY, 16 SEP 2019
... poll of 120 economists is any guide, the Fed would only cut interest rates down to 1.5%-1.75%. The poll revealed that majority of the respondents think the Fed will cut rates to 1.75%-2.0% in September and then by another 25 basis points to 1.50%-1.75% ...

What Future Fund looks for in managers

KANIKA SOOD  |  THURSDAY, 12 SEP 2019
... fund that has $160 billion in assets under management. It has rejigged its investment team in the recent years but majority of its investing at securities-level is outsourced to investment managers. Its total investments in private equity, private debt ...

Industry fund adds to investment team

KANIKA SOOD  |  MONDAY, 9 SEP 2019
... since 2002 and the new appointment will build its ESG capabilities in the main fund. "Like most other funds, the vast majority of our members are in the default option but we are encouraged that a significant portion of our members who choose their investment ...

Priced out: Advice affordability at risk

ELIZABETH MCARTHUR  |  MONDAY, 9 SEP 2019
... advice clients believe the removal of life risk commissions would increase underinsurance. While the research found a majority of clients were willing to pay an upfront fee - the fee they were willing to pay was far below what it actually costs an adviser ...

YBR to remediate wealth clients

KARREN VERGARA  |  FRIDAY, 30 AUG 2019
... compensation," latest statutory accounts read. Overall, YBR made a net loss after tax of $37.39 million for FY19, the majority of which ($33.95m) came write downs of the wealth management and lending businesses. In May, chair Mark Bouris announced the ...

Beware adviser conflicts of interest: Lonsec

ELIZABETH MCARTHUR  |  WEDNESDAY, 28 AUG 2019
... test is to picture yourself before the regulator and ask yourself if you have a clear justification for placing the majority of your clients' funds in your own managed account products," Nejasmic said. "If you're unsure of the answer, then you're ...

Government should intervene in BOLR changes: Opposition

JAMIE WILLIAMSON  |  FRIDAY, 23 AUG 2019
... grandfathered commissions by 2021 to improve customer outcomes. AMP is turning off grandfathered commissions for the majority of products during Q1 2020 and will then continue to work with advisers to transition away from these commissions by the government's ...

Ex-ANZ adviser goes solo

ELIZABETH MCARTHUR  |  TUESDAY, 13 AUG 2019
... from RI Advice, but she hinted that a couple of advisers might be joining the practice in the future. Further, the majority of Zebra's existing clients are retirees, but Laird said she is looking to move into a new market. "If there was another segment ...

Advisers to bear brunt of AMP failings

JAMIE WILLIAMSON  |  FRIDAY, 9 AUG 2019
... and we're committed to helping," De Ferrari said. Adding to the pressure, AMP also announced it will cease the vast majority of grandfathered commissions in early 2020. De Ferrari added that those practices that commit to seeing through the disruption ...

Inaugural FASEA exam results in

KARREN VERGARA  |  THURSDAY, 8 AUG 2019
The majority of candidates who sat the Financial Adviser Standards and Ethics Authority's inaugural exam have passed with flying colours. FASEA chief executive Stephen Glenfield said the authority is pleased with the implementation of the first ...