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Showing 5511 - 5520 of 28263 results for "NOT"

Baby Boomers cashing in on meme stocks

ELIZABETH MCARTHUR  |  FRIDAY, 24 SEP 2021
... covered 11 "meme stocks" (stocks whose share prices skyrocketed due to social media hype on Reddit, Twitter and Facebook - not fundamentals). Based on an evenly weighted basket of the 11 stocks, investors over 40 would have experienced an average gain ...

Federation AM launches new fund

ELIZABETH MCARTHUR  |  FRIDAY, 24 SEP 2021
... property assets. F2 will publish daily pricing and allow investors to apply for or redeem units daily, offering liquidity that is not commonplace in funds that invest in unlisted property and infrastructure. "The launch of F2 is an exciting step in Federation's ...

Industry fund chief executive to step down

ELIZABETH MCARTHUR  |  FRIDAY, 24 SEP 2021
The chief executive of a soon-to-merge industry super fund has announced he will not seek a role within the merged fund. Intrust chief executive Brendan O'Farrell has announced that he has not sought a role with the fund once it merges with Hostplus. ...

TAL releases income protection range

KARREN VERGARA  |  FRIDAY, 24 SEP 2021
... products that work well for all customers, including those customers who need to make a claim, as well as those customers who may not claim." ClearView unveiled its own a new suite of life insurance products, ClearChoice, to address the shortcomings ...

Conflicts of interest risk in funds management still high: ASIC

ANNABELLE DICKSON  |  FRIDAY, 24 SEP 2021
... Deloitte Access Economics on behalf of ASIC found that while the managed funds industry is competitive, retail investors may not receive the full benefits of competition. Report 702: Competition in funds management acknowledged the significant number ...

Super funds don't vote together: ACSI

ELIZABETH MCARTHUR  |  THURSDAY, 23 SEP 2021
... whether funds wield too much influence over listed companies by "voting as a block". However, Davidson was clear that funds do not vote "as a block". "You've never heard of voting agreements between any ACSI members?" Wilson asked Davidson. She said ...

Australian Ethical overhauls longstanding fund

JAMIE WILLIAMSON  |  THURSDAY, 23 SEP 2021
Australian Ethical is making a series of changes to its Advocacy investment option that will allow it to begin investing in alternatives and unlisted property. From October, the Advocacy option will essentially close and instead be known as the 'High ...

ASIC clarifies adviser exam obligations

KARREN VERGARA  |  THURSDAY, 23 SEP 2021
... personal advice to retail clients on relevant financial products at any time between 1 January 2016 and 1 January 2019, and has not been banned, disqualified or subject to a court enforceable undertaking. A relevant provider is an AFS licensee or its ...

Social media pump and dumps gain traction

ELIZABETH MCARTHUR  |  THURSDAY, 23 SEP 2021
... impact on market integrity and to be aware ASIC monitors all trading on the ASX equity market on a real time basis.' ASIC did not reveal the names of companies or individuals involved in the pump and dump schemes it has recently observed. It did point ...

IDII pitfalls advisers should avoid

KARREN VERGARA  |  WEDNESDAY, 22 SEP 2021
... which is clients' objectives, financial circumstances and needs, Cameron said. "Nobody expects your advice to be perfect, not even ASIC or AFCA. There are always going to be surprises, and choices and a multitude of ways in which your clients' futures ...