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Showing 661 - 670 of 4959 results for "Practice"

APRA finds signs of step change in remuneration practices

ANDREW MCKEAN  |  THURSDAY, 7 SEP 2023
APRA has found early signs of change in the remuneration practices of financial services entities in a review of how Prudential Standard CPS 511 has been applied. In a letter to all APRA-regulated entities, the regulator said it was pleased with the ...

Financial advice firms profits jumps: Research

CASSANDRA BALDINI  |  WEDNESDAY, 6 SEP 2023
New data suggests that 38% of financial advisers are reporting higher practice profitability. According to Investment Trends' 2023 Adviser Business Model Report, the number of advisers has decreased, but on average those who are left, are servicing ...

ASIC cracks down on CFDs, OTC derivatives

KARREN VERGARA  |  WEDNESDAY, 6 SEP 2023
ASIC continues to crack down on providers of contracts for difference (CFD), options and other high-risk products that flout their target market determinations (TMD), and design and distribution obligations (DDO). The newly published Report 770 Design ...

IFM Investors appoints head of sustainable investment

CASSANDRA BALDINI  |  TUESDAY, 5 SEP 2023
IFM Investors has named Maria Nazarova-Doyle as its head of sustainable investment, in charge of leading the global team. Nazarova-Doyle will report to IFM chief strategy officer Luba Nikulina and focus on the implementation and measurement of sustainability ...

Managed accounts FUM hits $162bn

KARREN VERGARA  |  TUESDAY, 5 SEP 2023
... prior period. Funds under management grew 10% in the six months to June thanks to inflows worth $11 billion. Milliman practice leader for Australia Victor Huang attributed the increase to the steady growth in investment markets during the first half ...

Most trustees pass Canva valuation test: APRA

KARREN VERGARA  |  MONDAY, 4 SEP 2023
Most superannuation funds are appropriately valuing their investments in Canva, according to APRA, which used its high-profile and whipsaw valuation in 2022 to see if they are abiding by its unlisted asset valuation requirements. Canva was at the forefront ...

The evolution of governance structures

CASSANDRA BALDINI  |  WEDNESDAY, 30 AUG 2023
... supporting interaction between committee members and the investment management team is promoted. "It's very usual practice for one committee member to be working with someone on the investment team," she said. "And that is the glue or the trust." ...

Midwinter partners for paraplanning solution

CHLOE WALKER  |  WEDNESDAY, 30 AUG 2023
... Paraplanning is an Australian-based back-office service provider that delivers outsourced paraplanning, admin/research and practice consulting services. Rocket Services creates, sources, and connects expertise offshore to deliver seamless support to ...

Count welcomes Rockhampton practice to network

STAFF WRITER  |  TUESDAY, 29 AUG 2023
Rockhampton firm TISLife is the latest practice to join the Count adviser network. TISLife, started in 2015, is run by managing director Andrew Thackeray and specialises in insurance advice. It officially joined the Count fold earlier this month. "Our ...

Former Morningstar executive in new role

ELIZABETH FRY  |  FRIDAY, 25 AUG 2023
... had often talked about doing a better job with Lioutas. "Now we have the chance to act on that belief and put it into practice for both our existing and prospective clients," he added. "The way advisers use to fund research has evolved over the years ...