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Showing 6001 - 6010 of 15789 results for "TER"

Grandfathered commissions deadline challenging: AFA

JAMIE WILLIAMSON  |  WEDNESDAY, 6 FEB 2019
The removal of grandfathered commissions by 2021 is not as simple as it sounds, according to the Association of Financial Advisers. Acknowledging the recommendation and subsequent announcement of a deadline for removal by Government was inevitable ...

Harder for insurers to dodge claims

KANIKA SOOD  |  MONDAY, 4 FEB 2019
Insurers will find it tougher to dodge paying out claims if the Royal Commission's recommendation to amend insurance law is enacted. At the round six hearings of the Royal Commission, it was revealed that CommInsure used outdated medical definitions ...

SMSF investments reach far and wide

HARRISON WORLEY  |  MONDAY, 4 FEB 2019
Seeking diversification, self-managed superannuation funds are pushing more retirement funds into assets such as marina berths and indigenous artworks. Latest research from SuperConcepts reveals the big ticket items held within SMSFs. Gold and silver ...

Former adviser steals $5m from clients

JAMIE WILLIAMSON  |  MONDAY, 4 FEB 2019
A former financial adviser is facing a lengthy jail term after pleading guilty to the theft of close to $5 million in client funds. Former Adelaide financial adviser James Gibbs appeared before the Adelaide Magistrates Court last Friday charged with ...

Tough quarter for world's largest pension fund

KANIKA SOOD  |  MONDAY, 4 FEB 2019
The world's largest pension fund lost about $186 billion in the three months to December 31, as equities performed poorly. Japan's Government Pension Investment Fund (GPIF)'s total assets dipped to $1.9 trillion in the third quarter of FY18 (in Australia ...

Hiring outlook subdued: Poll

KARREN VERGARA  |  MONDAY, 4 FEB 2019
Despite numerous job indices recording a rosy hiring outlook in 2019, Financial Standard's latest poll shows readership optimism is more subdued. Half of the financial services firms surveyed plan to decrease headcount this year. About a third (30%) ...

Chief economist update: Time for an RBA shift to neutral

BENJAMIN ONG  |  MONDAY, 4 FEB 2019
"Our tightenings or loosenings of monetary policy are determined by the inflation outlook. If the economy wants to grow faster than it currently is, and inflation is not showing any tendency to rise to the point where it could threaten our medium-term ...

ASIC terminates managed accounts provider AFSL

KARREN VERGARA  |  FRIDAY, 1 FEB 2019
ASIC has cancelled the AFSL of managed accounts provider Jade Capital Partners and banned one of its directors. An ASIC investigation of Sydney-based Jade Capital, a managed discretionary account provider specialising in trading services and advice ...

Janus Henderson pulls out of Aussie equities

KANIKA SOOD  |  THURSDAY, 31 JAN 2019
Janus Henderson Investors is shutting down its Australian equities funds and will return about $490 million of capital to investors. "Over the past 18 months, the manager's Australian equity (AEQ) investment desk has found it challenging to meaningfully ...

Mercer names platform provider for direct super investments

JAMIE WILLIAMSON  |  THURSDAY, 31 JAN 2019
An ASX-listed investment platform and fund administrator will provide member direct investing capabilities to Mercer's clients and superannuation members. The wealth giant is partnering with OneVue for Mercer Direct, its direct investment offering for ...