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Showing 5441 - 5450 of 14214 results for "Interest"

Robo-advice on the rise but no replacement

JAMIE WILLIAMSON, KARREN VERGARA  |  WEDNESDAY, 18 APR 2018
Robo-advice presents opportunities for increasing consumer accessibility to financial advice, but Investment Trends data and adviser insight suggests it will never be a panacea. Latest Investment Trends research shows adoption of robo-advice in Australia ...

New chair, deputy chair for industry fund

JAMIE WILLIAMSON  |  WEDNESDAY, 18 APR 2018
A $13 billion industry superannuation fund is welcoming a new chair and deputy chair. Cate Wood has stepped down as chair of CareSuper, with deputy chair Terence Wetherall promoted to lead the board, having served as an employer director since 2015. ...

CFSGAM prepares IPO, names board candidates

DARREN SNYDER  |  TUESDAY, 17 APR 2018
Colonial First State Global Asset Management will work towards an initial public offering and listing on the Australian Securities Exchange following a strategic review from its parent bank. Commonwealth Bank announced this afternoon it had completed ...

Treat real estate agents like advisers: REIA

ALEX BURKE  |  TUESDAY, 17 APR 2018
... vendor's specific needs when the service provider is remunerated by the agent that they select, there is a conflict of interest which should be addressed."

RC findings bring shame on advice industry: social media

ALEX BURKE  |  TUESDAY, 17 APR 2018
Multiple social media commentators suggested the findings revealed in today's inquiry have brought shame on the financial advice industry. Today's inquiry focused largely on AMP and the 90-day exception rule which enabled the group to charge fees for ...

Advice not yet a real profession: Kell

ALEX BURKE  |  TUESDAY, 17 APR 2018
... issues need to be addressed: standards regarding competency and qualifications, remuneration arrangements, conflicts of interest and a broad record of poor consumer outcomes. "These indicate that we're not yet at a position where we have a profession," ...

Trustee services provider buys advice group

JAMIE WILLIAMSON  |  TUESDAY, 17 APR 2018
A trustee business linked to several of Australia's newest superannuation funds has acquired a non-aligned boutique financial advice group. As part of its ongoing expansion strategy, Trustee Partners has acquired Madison Financial Group from PHAROS ...

Chief economist update: Back to the shops

BENJAMIN ONG  |  TUESDAY, 17 APR 2018
... increased volatility in the financial markets in the first quarter of 2018 and the prospect of another two or three more interest rate hikes this year. Why not? Average weekly earnings growth have accelerated to 2.7% in the year to March from 2.6% in ...

Banks put revenue above quality advice: FSU

ALEX BURKE  |  MONDAY, 16 APR 2018
... and short-term profits over ethical behaviour, the FSU said: "Concentrating on revenue rather than acting in the best interest of customers has been the cause of much of the misconduct within banking over recent years." "We expect this round of case ...

Social media singles out ASIC in Royal Commission coverage

ALEX BURKE  |  MONDAY, 16 APR 2018
ASIC was a specific target by social media commentators during the first round of hearings for the Royal Commission into Australia's biggest providers of financial advice. Commentators on Twitter were broadly critical of ASIC's attempts to police and ...