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Showing 6331 - 6340 of 20555 results for "BEN"

Intra-fund advice conflicted: Royal Commission

KARREN VERGARA  |  THURSDAY, 16 AUG 2018
Colonial First State admitted to falling below community standards when it crafted poor communication to super fund members to dissuade them from moving to a cheaper default option. One financial adviser was banned in the process, the Royal Commission ...

Frequent traders re-evaluate broking landscape

DARREN SNYDER  |  THURSDAY, 16 AUG 2018
Online brokers are being presented with a new business case to capture the most frequent traders - a group which has spiked in its considerations about switching broking platforms. Research firm Investment Trends said 9% of traders which transact more ...

New $500m boutique manager partnership

KANIKA SOOD  |  THURSDAY, 16 AUG 2018
Prodigy Investment Partners has struck its third boutique partnership with a manager helmed by former Challenger and Credit Suisse investors. Equus Point Capital is a market neutral strategy for Aussie equities that will target a return of 7.25% to ...

Hayne sees red over failed merger

KARREN VERGARA  |  THURSDAY, 16 AUG 2018
Commissioner Kenneth Hayne slammed two industry funds for reneging a potential merger that had clear benefits for members after finding executives were worried their roles were on the line. Talks of a serious merger between Catholic Super and the Australian ...

Chief economist update: Look ma, inflation ate my wages

BENJAMIN ONG  |  THURSDAY, 16 AUG 2018
... RBA to act (cut interest rates). It's only thanks to the weakening A$ that the RBA could still afford to sit and wait. Ben Ong is the Director of Economics and Investments at Rainmaker Group. He previously worked as a fund manager, economist, asset ...

Customer data protections progress

DARREN SNYDER  |  WEDNESDAY, 15 AUG 2018
Wealth management firms have an opportunity to set the course around how they better deliver customer-oriented solutions following the Federal Government's release of draft legislation on the Consumer Data Right. The Consumer Data Right is aimed to ...

Pengana LIC profitable again

KANIKA SOOD  |  WEDNESDAY, 15 AUG 2018
Pengana's listed investment company posted solid profits for the financial year, springing back from last year's losses of $23 million. Pengana International Equities (PIA) raked in a total investment income of $40 million, up 260% over the ...

Finding value in Fairfax

JAMIE WILLIAMSON  |  WEDNESDAY, 15 AUG 2018
There are signs of life in Fairfax yet but the big banks are less promising, according to Auscap Asset Management. Speaking at the Financial Standard Adviser Big Day Out in Wollongong this morning, Auscap head of distribution Lee Hopperton provided ...

Chief economist update: Small business is big business

BENJAMIN ONG  |  WEDNESDAY, 15 AUG 2018
... to push this expansion to a new record by adding a super-charged era of growth on to the sluggish one from 2009 to 2016." Ben Ong is the Director of Economics and Investments at Rainmaker Group. He previously worked as a fund manager, economist, asset ...

CFS and a messy MySuper transition

KANIKA SOOD  |  TUESDAY, 14 AUG 2018
Colonial First State's messy MySuper transition came under the Royal Commission's lens on Tuesday. Taking the witness box, Colonial First State executive general manager Linda Elkins told the Commission CFS initially failed to transition 13,000 members ...