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Showing 511 - 520 of 1144 results for "Notice"

Boutique portfolio manager to retire

KANIKA SOOD  |  FRIDAY, 22 NOV 2019
... of bronze but said it will closely monitor Byres' progression of over the next 24 months. The analyst noted the long notice period, the capability of Biddle and Byres but also Byres' limited portfolio management experience. In October last year ...

Life risk insurance not profitable: KPMG

HARRISON WORLEY  |  FRIDAY, 22 NOV 2019
Profitability in life risk insurance has dropped to the extent that the sector is now loss-making in aggregate, according to KPMG. The global consultant's analysis of the financial results of Australia's life insurers shows the sector made an ...

Advisers serious about licensee due diligence

JAMIE WILLIAMSON  |  WEDNESDAY, 20 NOV 2019
... decision-making process include the ability to log-in to Xplan to view similarities and differences in how it is used and 30-day notice periods to existing licensees and clients, the group said. According to Rainmaker analysis of the ASIC Financial Adviser ...

Media Super winds up income investment option

ELIZABETH MCARTHUR  |  MONDAY, 18 NOV 2019
The $6.2 billion superannuation fund Media Super has issued a notice to members notifying them that its Income Plus investment option will close effective 5 February 2019. The fund said the ongoing low bond yield environment has put performance of its ...

No pat on the back for high performers: APRA

HARRISON WORLEY  |  FRIDAY, 15 NOV 2019
... intended to be a single means for members to determine the appropriateness of their super fund. "The first thing you might notice is there is no green," Rowell said. "This is not a traditional "traffic light" system with three distinct and simple categories. ...

High net worths want more: Research

HARRISON WORLEY  |  FRIDAY, 8 NOV 2019
Australia's high net worth investors are looking for more from their wealth advisers, including broader access to alternatives. The 2019 Powerwrap and Investment Trends HNW Investor Report shows 58% of HNWs have unmet advice needs, an increase of four ...

Managed funds fail to perform: Report

ELIZA BAVIN  |  FRIDAY, 8 NOV 2019
Rainmaker research has shown the managed funds' sector has acutely underperformed its benchmarks for the 12 months to 30 June. The Rainmaker Roundup Report found that only 10% of Australian equities large cap funds outperformed in 2018-19. "The scope ...

Advice practices urged to contact ombudsman

ELIZABETH MCARTHUR  |  WEDNESDAY, 6 NOV 2019
... lookback audits, financial planning licensors shifting responsibility for client compensation payments to licensees, short notice periods provided to licensees exiting the business and restraint of trade provisions," Carnell said. Those seeking to contact ...

FASEA chief unaware of dwindling adviser numbers

JAMIE WILLIAMSON  |  FRIDAY, 1 NOV 2019
... not the case that the profession is losing around 6.4% of financial advisers a quarter?" Glenfield took the question on notice and also failed to provide an answer on how many new advisers have joined the industry in 2019. Stoker responded by asking ...

RI Advice faces ASIC action

JAMIE WILLIAMSON  |  THURSDAY, 31 OCT 2019
... second audit too and were later found to not be appropriate for the clients invested in them. In June 2015 Doyle was given notice of termination to take effect the following December but he was ultimately suspended by RI Advice in August of that year. ...