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Showing 591 - 600 of 2143 results for "AUD"

ASIC zeroes in on bad SMSF advice, conduct

KARREN VERGARA  |  TUESDAY, 23 FEB 2021
The corporate regulator continues to hunt down perpetrators that give bad advice to self-managed super funds, sounding a warning that it is flexing its new powers in superannuation. ASIC commissioner Danielle Press told the recent SMSF Association's ...

The future of quality advice: SMSFA

ANNABELLE DICKSON  |  THURSDAY, 18 FEB 2021
Investing in tools and data integration, being clear in value proposition and proactively monitoring client portfolios will ensure the future of a quality financial advice business. Speaking at the Self-managed Superannuation Fund Association (SMSFA) ...

New corporate bond fund launches

ELIZA BAVIN  |  TUESDAY, 16 FEB 2021
... green bonds from our New York and London offices for five years, so we were delighted when we saw issuance take off in the AUD market," Artesian chief investment officer Matthew Clunies-Ross said. "In saying that, the AUD green and sustainable corporate ...

MMC acquires super fund administrator

KARREN VERGARA  |  MONDAY, 15 FEB 2021
A boutique superannuation administrator has been acquired by Kiwi firm MMC in a move to expand its presence in Australia. MMC is now the owner of Brisbane-based IFAA Group after it first bought a stake in March 2020 of nearly 50%. The total consideration ...

Hume slams superannuation circus

KARREN VERGARA  |  MONDAY, 15 FEB 2021
Senator Jane Hume has slammed the spectacle within the superannuation sector and the conflicting views from executives and industry bodies, which she says is the most "frustrating" part of her job. The Minister for Superannuation, Financial Services ...

ASIC imposes licence conditions on Poynter Hargraves

ELIZABETH MCARTHUR  |  WEDNESDAY, 10 FEB 2021
ASIC has hit AFSL Poynter Hargraves Financial Consultants with additional licence conditions, requiring it to remove its sole responsible manager. "This follows a targeted surveillance by ASIC that found Poynter Hargraves had poor risk controls around ...

ASIC suspends RE licence

KARREN VERGARA  |  MONDAY, 8 FEB 2021
The corporate regulator has suspended the AFSL of a responsible entity that oversees a property and mortgage fund for breaching several compliance and reporting obligations. The licence of Queensland-based financial services provider Investors Exchange ...

ETF liquidity disappears: Morningstar

ELIZABETH MCARTHUR  |  MONDAY, 8 FEB 2021
... during the period, Morningstar found, followed by two fixed income products - iShares JPMorgan USD Emerging Markets Bond (AUD Hedged) ETF (IHEB) and iShares Global High Yield Bond (AUD Hedged) ETF (IHHY). Each had a spread to $100K of more than 300 basis ...

Better inflows ahead for Perpetual, Pendal: MS

KANIKA SOOD  |  WEDNESDAY, 3 FEB 2021
... The analysts marked down PPT's price target from $42.5 per share to $39 to account for lower offshore FUM from a stronger AUD. Morgan Stanley has an overweight rating on PPT and said the valuation is 'undemanding' at about 13x FY22E P/E and the about ...

New global equities ETF to launch

KANIKA SOOD  |  TUESDAY, 2 FEB 2021
... 13.2% p.a. over five years, as at December end. This is 5.3% and 3.2% higher respectively than the MSCI ACWI ex Australia in AUD. Its biggest sector weights are to IT, healthcare and consumer staples. The ETFs fees are set at 90 bps per year. K2 Asset ...