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Showing 5251 - 5260 of 18266 results for "Plan"

AMP advice lead rejects AMPFPA claims

JAMIE WILLIAMSON  |  MONDAY, 19 AUG 2019
... Financial Standard, AMP group executive, advice Alex Wade said AMP acted lawfully in the lead up to announcing the $650 million plan. Under the new strategy, the terms of the group's Buyer of Last Resort mechanism will change, with advisers previously ...

Chief economist update: US recession a sure thing

BENJAMIN ONG  |  MONDAY, 19 AUG 2019
... for today's bounceback include oversold conditions, recent positive developments around US and China trade, China's plan to boost income, potential German fiscal policy stimulus, US economic data holding up despite headwinds, and some better-than-feared ...

ASIC bans adviser again

HARRISON WORLEY  |  FRIDAY, 16 AUG 2019
A financial adviser previously banned by ASIC has found himself in hot water again. Tarandeep Aujla has been banned from providing financial services for three years by the corporate regulator for failing to act in the best interests of his clients. ...

Sovereign wealth fund plans Ancestry.com retreat

KANIKA SOOD  |  FRIDAY, 16 AUG 2019
Investors including Singapore's $150 billion plus sovereign wealth fund are looking to pull out over $1.3 billion from popular DNA testing company Ancestry.com, according to a news report. Singapore's GIC and private equity firm Silver Lake Management ...

AMP Capital restructures real estate arm

HARRISON WORLEY  |  FRIDAY, 16 AUG 2019
AMP Capital has made several changes to the leadership of its real estate arm, amid a realignment of the business unit. The global investment manager has split its real estate business into two specialist sectors: retail, and office and logistics. As ...

MLC transforms advice business

KARREN VERGARA  |  THURSDAY, 15 AUG 2019
MLC Wealth is restructuring its financial advice business, including consolidating its aligned dealer groups down to two. MLC Wealth chief executive Geoff Lloyd today announced he is making major changes to its financial advice business ahead of separating ...

Plato to raise $200 million

KRISTI CHENG  |  THURSDAY, 15 AUG 2019
Plato Investment Management has announced a $200 million entitlement offer for its fund, Plato Income Maximiser (PL8). In response to increasing investor demand for dividend payments as a replacement for their cash and fixed interest income, Plato will ...

Association policy lead to join Treasury

ELIZABETH MCARTHUR  |  THURSDAY, 15 AUG 2019
The head of policy at a major industry association has taken a new role with Federal Treasury. Jordan George has been the head of policy at the SMSF Association for seven and a half years. The SMSFA confirmed to Financial Standard that George will step ...

New super fund tests waters

KARREN VERGARA  |  THURSDAY, 15 AUG 2019
... late last year. It then relaunched as FairVine in May - also a superannuation fund designed for women. FairVine is a sub-plan of Aracon Superannuation Fund, which was acquired by Managed Accounts Holdings - now Xplore Wealth - late last year.

Chief economist update: Greater than the Great Recession of 2008

BENJAMIN ONG  |  THURSDAY, 15 AUG 2019
You know the world's in trouble when the Fed starts contemplating negative interest rates... and then some. "There are other types of policies that probably aren't getting as much analysis. But one is negative interest rate policies. Those are ...