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Showing 6401 - 6410 of 28267 results for "NOT"

Frontier on hiring spree

KANIKA SOOD  |  THURSDAY, 11 FEB 2021
... us, and which we are proactively developing," Frontier chief executive Andrew Polson said. "Frontier is at a size now where not only are we adding to our team to maintain a client to consultant ratio that enables us to continue the quality and tailoring ...

BetaShares to launch new fund

ANNABELLE DICKSON  |  THURSDAY, 11 FEB 2021
... calendar year end 2020 revealed the i ndustry grew to $95.2 billion, up from $62 billion at the start of the year. This is not only the highest annual change on record, it has also shot the market capitalisation of the industry to an all-time high.

ASX profits slide, names chair

ANNABELLE DICKSON  |  THURSDAY, 11 FEB 2021
... higher volumes and technology investment. The exchange noted the outage of its equity platform ASX Trade in November but did not acknowledge the ongoing investigation undertaken by ASIC. ASX chief executive Dominic Stevens said the incident overshadows ...

Chief economist update: Money plus confidence

BENJAMIN ONG  |  THURSDAY, 11 FEB 2021
... would be controlled that, in turn, would keep Australian consumer and business confidence buoyant. And that's even without not a single Australian getting the anti-virus jab.

Local managed funds fee revenues shrinks

KANIKA SOOD  |  WEDNESDAY, 10 FEB 2021
... common assumption that larger products offer scale benefits to investors, managed funds designed for larger investments do not, as a rule, offer reduced fees," said Rainmaker Information executive director of research and compliance Alex Dunnin said. ...

The trouble with best financial interests duty

KARREN VERGARA  |  WEDNESDAY, 10 FEB 2021
... the word 'financial' to the existing best interests covenant and the proposal to reverse the evidential burden of proof are not warranted," she said. The best interest covenant derived from case law and there is already a financially focussed covenant ...

ASIC imposes licence conditions on Poynter Hargraves

ELIZABETH MCARTHUR  |  WEDNESDAY, 10 FEB 2021
... follows a targeted surveillance by ASIC that found Poynter Hargraves had poor risk controls around conflict management and was not adequately monitoring and supervising its representatives," ASIC said. "ASIC's surveillance also found that some clients ...

Workers being offered nothing: Keating

ELIZABETH MCARTHUR  |  WEDNESDAY, 10 FEB 2021
... don't see any chance of real wages growth for the foreseeable future," Keating said. He argued that the increase to SG should not be seen as coming for wages, as wages are likely to remain stagnant whether SG stays as it is or goes to 12%. Instead ...

ASFA calls for super fairness

ANNABELLE DICKSON  |  WEDNESDAY, 10 FEB 2021
... a comfortable lifestyle in retirement. "Superannuation is about ensuring people have adequate income in retirement, it is not about facilitating excessive wealth transfers," said ASFA chief executive Martin Fahy. The association is also recommending ...

Chief economist update: Nikkei not so fine

BENJAMIN ONG  |  TUESDAY, 9 FEB 2021
... the highest on the planet - 42.2% of GDP as of last count - economic recovery awaits. Sadly, latest stats indicate this is not the case. The fall in Japan's average monthly cash earnings (wages) accelerated to 3.2% in the year to December 2020 from ...