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Showing 6641 - 6650 of 29074 results for "PRI"

Count snaps up three former MLC firms

ELIZABETH MCARTHUR  |  THURSDAY, 1 APR 2021
Three former MLC firms are joining Count Financial, as its network of financial advice businesses continues to expand. It comes after four former IOOF firms joined Count on March 17. The three former MLC firms joining Count are: Sapphire Coast Financial ...

MySuper fees could halve in 10 years

KANIKA SOOD  |  THURSDAY, 1 APR 2021
Fees charged by MySuper products could halve over the next decade to a median of 0.5% per year, says Rainmaker Information which analysed the fees of 457 super products over the last six months. The research found MySuper products charged members median ...

Evans and Dixon takeover shelved

KANIKA SOOD  |  THURSDAY, 1 APR 2021
360 Capital has dropped its plan to acquire ASX-listed E&P Financial Group. TGP's offer to acquire 78.78% ordinary shares of E&P Financial Group closed at 7pm yesterday. In ASX filings this morning, 360 Capital said its board has decided to let ...

ASIC cracks down on binary options

ELIZABETH MCARTHUR  |  THURSDAY, 1 APR 2021
ASIC has banned the sale of binary options to retail clients, effective from 3 May 2021. The decision comes after ASIC found that binary options have resulted in significant losses for retail clients. In 2018, ASIC estimated that net losses from retail ...

AMP names new chief executive

ANNABELLE DICKSON  |  THURSDAY, 1 APR 2021
After a week of speculation, AMP has confirmed its chief executive Francesco De Ferrari will step down following the group's portfolio review and has named his successor. Alexis George has been at ANZ for over seven years as deputy chief executive ...

Vanguard targeted in bond fund scam

KANIKA SOOD  |  WEDNESDAY, 31 MAR 2021
Vanguard is the latest fund manager to have its branding used by scammers spruiking fraudulent bond funds. The asset manager said scammers are buying advertisements on search engines for terms relating to "bond or high yield investments". When a person ...

Super runs out before death: ASFA

KARREN VERGARA  |  WEDNESDAY, 31 MAR 2021
New research claims that the majority of Australians deplete their superannuation savings before death, countering the Retirement Income Review's findings. The Association of Superannuation Funds of Australia (ASFA) claims that most retirees run out ...

LIC seeks options for performance woes

ANNABELLE DICKSON  |  WEDNESDAY, 31 MAR 2021
Listed investment company Templeton Global Growth Fund (TGG) is considering a range of options to salvage shareholder value after a period of poor returns and consistent discount to its net-tangible assets. TGG's independent directors have announced ...

Multiples paid for client books dip

KARREN VERGARA  |  WEDNESDAY, 31 MAR 2021
How much financial advisers can expect to sell a book of investment and superannuation clients for has decreased over the last two years, according to a new valuation report. Radar Results has released its March 2021 price guide, highlighting a downward ...

Unlisted assets deliver modest returns

KARREN VERGARA  |  WEDNESDAY, 31 MAR 2021
New research reveals that MySuper products with high weightings to unlisted assets provide modest returns but contribute lower volatility and higher autocorrelation. Rainmaker's latest RMetric report sought to find out if the performance of MySuper ...