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Showing 551 - 560 of 2594 results for "SMS"

FSC calls for scaled advice model

ALLY SELBY  |  TUESDAY, 11 AUG 2020
The Financial Services Council (FSC) has called on the government to implement a two-year trial of a scalable advice model, in a bid to increase access to affordable advice to Australians at a time when they need it most. The COVID-19 crisis has seen ...

ASIC slammed over SMSF data

ANNABELLE DICKSON  |  WEDNESDAY, 5 AUG 2020
The House of Representatives Standing Committee on Economics scrutinised ASIC over its SMSF fact sheet in a public hearing reviewing the 2019 ASIC Annual Report. ASIC's SMSF Fact Sheet published last year outlined that the average cost of running ...

Class bolsters tech team

ALLY SELBY  |  TUESDAY, 4 AUG 2020
The self-managed super fund administration and software provider has appointed two new technology leads, set to help Class continue to grow and innovate. Jarrod Yates and Glen MacLarty have been appointed as head of technology product and NextGen respectively ...

SMSFA, FSC call for infrastructure investment access

ANNABELLE DICKSON  |  TUESDAY, 28 JUL 2020
The SMSF Association and the Financial Services Council (FSC) are calling for self-managed super funds to have access to unitised, liquid infrastructure investments as a way of generating economic growth. The two organisations, which represent more ...

What to expect from the Retirement Income Review

KANIKA SOOD  |  FRIDAY, 24 JUL 2020
With the much-awaited final report expected to be handed down today, all eyes are on its findings. Here's what Rice Warner and Grattan Institute are expecting from it. A draft of the report was not circulated for stakeholder comment and the review ...

Class launches Xplan integration

ALLY SELBY  |  WEDNESDAY, 22 JUL 2020
Class has completed its integration with Iress' financial software solution Xplan, with the offering now available for new Class Super and Class Portfolio customers as a public pilot. The data feed will enable financial advisers and accountants to seamlessly ...

Almost 2000 advisers gone so far in 2020

ELIZABETH MCARTHUR  |  TUESDAY, 21 JUL 2020
The first half of 2020 has seen almost 2000 financial advisers leave the industry amid a time of flux for the sector. In January, the ASIC Financial Adviser Register showed 23,682 active advisers, but now the register shows 21,913 advisers. That's ...

Charter Hall makes $214m warehouse play

ALLY SELBY  |  FRIDAY, 17 JUL 2020
The $40 billion property investment manager has acquired three warehouses from Owens-Illinois Australia (OIA), setting Charter Hall back $214 million for the investment. A Sydney-based glass manufacturing facility and warehouse, located at 130-170 Andrews ...

Legg Mason subsidiary cuts performance fees

ALLY SELBY  |  THURSDAY, 16 JUL 2020
A subsidiary of Legg Mason has cut performance fees for two of its value funds, after recording negative returns during the COVID-19 crisis. RARE Infrastructure, a listed infrastructure manager, removed performance fees on its value funds, both hedged ...

Super fund satisfaction mixed, SMSFs unhappy

ELIZABETH MCARTHUR  |  TUESDAY, 14 JUL 2020
At a time when many Australians are engaging directly with their superannuation fund for the first time, member satisfaction appears mixed, with two separate surveys producing some opposing views. That's according to the latest insights from Roy Morgan ...