Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 5401 - 5410 of 14214 results for "Interest"

Uncertainty abounds future of advice regulation

JAMIE WILLIAMSON  |  TUESDAY, 1 MAY 2018
... follow-up submissions. Submissions are also expected to address whether advisers can effectively manage conflicts of interest associated with providing advice as a representative of an institution that also manufactures financial products. The submissions ...

Centuria bets on ex-CBD Sydney office building

KANIKA SOOD  |  MONDAY, 30 APR 2018
... as it sees strong performance in the NSW metropolitan office market. The Centuria Metropolitan REIT (CMA) acquired 50% interest in the $172 million St Leonards property in December. Now, its wholesale capital partner The Lederer Group has purchased the ...

Royal Commission to drive independent advice market: GlobalData

KANIKA SOOD  |  MONDAY, 30 APR 2018
... turn towards independent advisers when they learn their bank might have sold them products that are not in their best interest, GlobalData wealth management analyst Heike van del Hoevel said. This will leave Australia's wealth giants strapped for talent ...

RC suggests separating platforms and advice licensees

ALEX BURKE  |  MONDAY, 30 APR 2018
One of the key points made by Senior Counsel Assisting Rowena Orr at the end of the financial advice Royal Commission was that vertical integration of advice licensees and platform providers carries systemic risk. Orr said that licensees using approved ...

Nick Bolton back on ASIC radar

ALEX BURKE  |  MONDAY, 30 APR 2018
... ASIC. It was suggested in 2016 by Wilson Asset Management chair Geoff Wilson that Bolton still retains a substantial 21% interest in Keybridge via the Australian Style Group, which "based on ASIC records... is controlled by John Bolton, [who is] the ...

ASX gives timeline for CHESS replacement

KANIKA SOOD  |  MONDAY, 30 APR 2018
... reporting. The new system is being developed by New York-based tech company Digital Asset which has in the past captured the interest of thematic and disruptive technology investors. In December last year, ASX deputy chief executive Peter Hiom said the ...

Water risk infiltrates agriculture portfolios

KARREN VERGARA  |  MONDAY, 30 APR 2018
... to modify practices and compelling investors to find new means to de-risk portfolios. Institutional investors' growing interest in agribusiness is a boon for the sector. But experts warn the emerging subset of climate change-related risk could materially ...

Brenner leaves AMP

JAMIE WILLIAMSON  |  MONDAY, 30 APR 2018
Catherine Brenner has resigned as chair of AMP and stepped down from the board. A senior executive is also departing and the firm has cleared itself of any wrongdoing over the preparation of a Clayton Utz report. In the wake of the Royal Commission's ...

RECAP: Advice in the Royal Commission spotlight (Days 6- 9)

KANIKA SOOD  |  FRIDAY, 27 APR 2018
... managed in a custom MDA offering provided by Managed Account Holdings (MGP) - a company in which Henderson himself held an interest for some time. NAB chief customer officer - consumer and wealth Andrew Hagger fronted the Royal Commission, whose line ...

Advisers react to Royal Commission revelations

JAMIE WILLIAMSON, KARREN VERGARA  |  FRIDAY, 27 APR 2018
... course of action, we tell it straight, even when it's not what someone wants to hear. Early in my career (well before best interest duty was legislated) I remember my first boss saying: "Michelle, if you just do the right thing by people you'll be a ...