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Showing 6041 - 6050 of 28263 results for "NOT"

APRA approves MLC super takeover

ELIZABETH MCARTHUR  |  FRIDAY, 7 MAY 2021
... spotted record though. In 2020, APRA hit the trustee with new licence conditions after the regulator found concerns it was not always considering members' best interests as the highest priority. The Royal Commission formed the view that NULIS' decisions ...

AMP advice transformation leads exits

KARREN VERGARA  |  FRIDAY, 7 MAY 2021
... executive Francesco De Ferrari's three-year turnaround strategy. AMP confirmed that Hopkins is no longer with the business and did not provide a reason for her exit. "This is a project management role for which we will go through the process to find ...

Chief economist update: Did the BOE just announce taper?

BENJAMIN ONG  |  FRIDAY, 7 MAY 2021
... a week between May and August, from the current pace of £4.4 billion, but stressed that "this operational decision should not be interpreted as a change in the stance of monetary policy". Don't call it taper. Taper or "slowed somewhat", the BOE's ...

Super fund advice not useful: Research

JAMIE WILLIAMSON  |  THURSDAY, 6 MAY 2021
While 50% of Australians expect superannuation funds to advise them on retirement, only 16% of those who have sought advice from their fund believe it was useful. That's a key finding of UK fintech Smart's The future of global retirement report, looking ...

AMP trims platform fees

KANIKA SOOD  |  THURSDAY, 6 MAY 2021
... as distorting the system and creating member equity issues in the super and pension wrap products," Hartley said. "We are not going to play that opaque game as it creates inequity for financial advisers and their clients and is arguably breaching legal ...

Schroders launches new fund

ELIZABETH MCARTHUR  |  THURSDAY, 6 MAY 2021
... Australia head of distribution Graeme Mather said the opening up of China's capital markets is an opportunity that should not be ignored. "As the second largest stock market in the world and the biggest contributor to global economic growth, the size ...

Research aims to solve cash conundrum

ELIZABETH MCARTHUR  |  THURSDAY, 6 MAY 2021
... re-categorised Future Safe out of the fund manager category and into the life company category, moving it to a binary 'approved' or 'not approved' rating system. The Future Safe product was rated 'approved' by Lonsec.

Former adviser cops eight-year ban

KARREN VERGARA  |  THURSDAY, 6 MAY 2021
... honesty and integrity in their dealings with clients. ASIC may ban a financial adviser if it has reason to believe that they are not of good fame or character or likely to fail to comply with the financial services law," ASIC said. She has appealed to ...

Chief economist update: Japan's elusive virtuous cycle

BENJAMIN ONG  |  THURSDAY, 6 MAY 2021
... policy statement, the BOJ promised that, "the Bank will closely monitor the impact of the novel coronavirus (COVID-19) and will not hesitate to take additional easing measures if necessary". It's necessary now.

New Islamic advice group launches, hires from MSC

KANIKA SOOD  |  WEDNESDAY, 5 MAY 2021
... Hejaz's adviser network. "Muslims are a growing but underserved financial services market in Australia. To date, they have not been able to access specialist advice or products designed to help them achieve their financial goals in a way that reflects ...