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Showing 6491 - 6500 of 15794 results for "TER"

ASIC consults on advice code monitoring bodies

JAMIE WILLIAMSON  |  TUESDAY, 15 MAY 2018
ASIC released its consultation paper detailing proposals for approving and supervising compliance schemes for the incoming code of ethics that all financial advisers must adhere to. Under the professional standards legislation, the code of ethics developed ...

Pension fund CIO departs

JAMIE WILLIAMSON  |  TUESDAY, 15 MAY 2018
The chief investment officer at one of the world's largest pension funds has resigned, citing family reasons. The California Public Employees' Retirement System (CalPERS) announced Ted Eliopoulos will leave at the end of the year, with the search ...

Praemium chief executive returns to board

HARRISON WORLEY  |  MONDAY, 14 MAY 2018
Michael Ohanessian has been appointed to Praemium's board. A year since Ohanessian was re-instated as chief executive of the platform provider, he has been appointed as managing director on Praemium's board, returning after a much publicised ...

Adviser disciplinary regime has holes: AFA

JAMIE WILLIAMSON  |  MONDAY, 14 MAY 2018
The Association of Financial Advisers concedes the existing disciplinary regime for financial advisers is largely ineffective due to a lack of communication between responsible parties. In its response submission to the Royal Commission the AFA said ...

Budget measures to drive up super costs

ALEX BURKE  |  MONDAY, 14 MAY 2018
The removal of exit fees and caps on passive fees charged by superannuation funds announced in this year's Budget may have unintended consequences. As per Treasurer Scott Morrison's speech, the Government will introduce a 3% annual cap on passive fees ...

Australian Ethical divests AMP

ALEX BURKE  |  THURSDAY, 10 MAY 2018
Australian Ethical will divest AMP following the governance failures exposed by the Royal Commission. Speaking to Financial Standard, Australian Ethical head of ethics research Stuart Palmer said while AMP passed its ethical screening in 2016, and the ...

Retirement income rules boost annuities: Challenger

ALEX BURKE  |  WEDNESDAY, 9 MAY 2018
Challenger said the new requirement for superannuation trustees to include comprehensive income products for retirement (CIPRs) will boost outcomes for retirees in blended annuity portfolios. As per the changes in the Budget, the new means test rules ...

Personal tax cuts lead the Budget

KANIKA SOOD  |  TUESDAY, 8 MAY 2018
Personal tax cuts were on the top of Treasurer Scott Morrison's five-point list to "strengthen the economy" as he opened his Budget night speech. The Federal Government is proposing middle and lower income earners pay up to $530 less in tax, starting ...

Budget paves way for retirement income framework

KARREN VERGARA  |  TUESDAY, 8 MAY 2018
The Federal Government will accelerate the development of retirement income products and means testing could come as early as 1 July 2019. In Tuesday night's Budget, the Government said it will introduce a retirement income covenant that will require ...

Insto investment committees step away from status quo

DARREN SNYDER  |  TUESDAY, 8 MAY 2018
QSuper and TCorp believe sequential investment models at large asset owners are past their used-by date and investment committees must be delegating day-to-day investment decisions. The two institutional investors use what is known as the total portfolio ...