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Showing 511 - 520 of 1194 results for "Switch"

NAB details serious compliance concerns in RC advice submission

JAMIE WILLIAMSON  |  MONDAY, 16 APR 2018
In the past nine years NAB has identified about 70 financial advisers giving rise to serious compliance concerns across its wealth division. In its submissions to the Royal Commission, NAB disclosed that between 1 January 2009 and 1 January 2018, it ...

AIST president and board director switch seats

KANIKA SOOD  |  THURSDAY, 12 APR 2018
Australian Institute of Superannuation Trustees president David Smith is leaving his post after a two-year term and a board director has climbed up to the fill the presidency. Catherine Bolger will be AIST's new president. She has been a board director ...

Copia boutique appoints new portfolio manager

ALEX BURKE  |  TUESDAY, 10 APR 2018
A Copia Investment Partners Australian equities boutique is welcoming a new portfolio manager from REST. Will Riggall will work alongside head of Australian equities Andrew Stanley. At REST, he was a super investment manager, having been a senior investment ...

Industry fund launches lifecycle default option

KARREN VERGARA  |  TUESDAY, 3 APR 2018
... also has had in place for a couple of years a multi-award-winning retirement product we call RetireSmart which members can switch into. So a member can stay with our fund not only during their working years, but also their retirement." Block added the ...

New regulations will choke unlisted property market: PFA

ALEX BURKE  |  TUESDAY, 3 APR 2018
... restrict boutique and mid-market providers from expanding retail offerings. Instead, the PFA argued, these managers will switch exclusively to wholesale. "Many in the small-to-mid-market will find the retail compliance demands too onerous and too costly," ...

Super Plus switches to SMSF fintech

KANIKA SOOD  |  THURSDAY, 29 MAR 2018
Brisbane-based SMSF administrator Super Plus is migrating its clients to Mclowd, which provides its core software for free. The administrator has entered into a five-year agreement with Mclowd - a fintech with about $1 billion in super assets under ...

Aussies turn to online trading in droves

JAMIE WILLIAMSON  |  WEDNESDAY, 21 MAR 2018
The number of retail online investors in Australia is the highest it's been since the GFC, the latest insight from Investment Trends shows. According to a new report, 645,000 Australians placed at least one share trade last year, compared to just 640,000 ...

Industry fund switches to IRESS

KANIKA SOOD  |  WEDNESDAY, 14 MAR 2018
A $7 billion industry superannuation fund will now use IRESS' Acurity platform to administer its member superannuation accounts. The partnership means more than 90% of member transactions at Statewide Super are now automated and paperless. The fund ...

Former Millennium 3 adviser banned

JAMIE WILLIAMSON  |  FRIDAY, 2 MAR 2018
A former Millennium 3 and Lonsdale Financial Group financial adviser was banned for seven years for personally using client funds. Glenn William Connor was banned by ASIC after it found that he had used clients' assets as security for a margin loan ...

NPP to take super by storm: Research

KARREN VERGARA  |  THURSDAY, 1 MAR 2018
... executive general manager of cashflow and transaction services Michael Eidel said based on a 3% investment return, the switch to real-time payments from the average two-day lag could save members $19.2 million annually. "This is above and beyond the ...