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

Search Results

Showing 541 - 550 of 1485 results for "Master"

Advice is a sea of sameness

HARRISON WORLEY, MICHELLE BALTAZAR  |  WEDNESDAY, 10 OCT 2018
Addressing the AFA National Adviser Conference, chief executive and founder of Don Connelly & Associates, Don Connelly said financial advisers should look to differentiate themselves in a "sea of sameness." Connelly compared picking an adviser to selections ...

CFA Institute asks FASEA to recognise charterholders

KANIKA SOOD  |  WEDNESDAY, 10 OCT 2018
The association representing CFAs is asking its charterholders be allowed to qualify as financial advisers, as FASEA overhauls the educational standards in the advice industry. CFA Institute chief executive Paul Smith was in Sydney for a briefing that ...

Suncorp charged super members incorrect fees

KANIKA SOOD  |  FRIDAY, 14 SEP 2018
The retail superannuation master trust charged incorrect fees to some of its members in the Suncorp Employee Super and Brighter Super funds and is working on remediating clients. Suncorp charged an incorrect investment fee to its members who joined ...

CBA appoints board director

KANIKA SOOD  |  WEDNESDAY, 12 SEP 2018
Commonwealth Bank of Australia has appointed a former BlueScope Steel chief executive as it continues to renew its board. Paul O'Malley will be an independent non-executive director on CBA's board, starting 1 January 2019. Retiring director Brian Long ...

The changing face of SMSFs

JAMIE WILLIAMSON  |  MONDAY, 10 SEP 2018
... LIC and LIT trades executed by SMSFs rose from 23% to 26%. WAM Capital, Argo Investments, Magellan Global Trust and MCP Master Income are among the top LICs and LITs, with trades of MCP Master Income increasing 60% by value in the six months to 30 June. ...

MLC, NULIS in court over $100m in illegitimate fees

JAMIE WILLIAMSON  |  THURSDAY, 6 SEP 2018
ASIC commenced Federal Court action against MLC Nominees and NULIS today in relation to the significant advice fees charged to superannuation members despite no financial advice being provided. ASIC alleges NULIS and MLC Nominees - the current and former ...

Retail super funds reject MySuper delays

KARREN VERGARA  |  TUESDAY, 4 SEP 2018
... such a transfer is not a matter of "flicking a switch." Given the complexity of the product offering within the Suncorp Master Trust and prior to completing its Super Simplification Program between 2015 to 2017, the manner in which the transfer occurred ...

Retail super funds in hot water: Royal Commission

KARREN VERGARA  |  MONDAY, 27 AUG 2018
... been in the best interests of members. Hodge said Suncorp Portfolio Services Limited's (SPSL) - the trustee of Suncorp Master Trust (SMT) and Suncorp Pooled Superannuation Trust - use of the tax surplus and representations to members may have breached ...

Equity Trustees net profit up 28pct, execs get bonuses

KANIKA SOOD  |  WEDNESDAY, 22 AUG 2018
... period. Equity Trustees' acquisition of the OneVue responsible entity business added $2.7 billion of assets, while Aon Master Trust's super trustee appointment bought in $3.2 in funds under management. During the period, it also acquired majority ...

Global equities fund purges tobacco, fossil fuels

KANIKA SOOD  |  FRIDAY, 17 AUG 2018
An international equities fund that holds about $300 million of Aussie insto money is purging itself clean of all investments in tobacco and fossil fuels. Vontobel is a Swiss asset manager with $167 billion in assets under management. About 11.4% of ...