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Showing 661 - 670 of 1622 results for "Review of"

NFP intra-fund advice is not a distribution channel

KARREN VERGARA  |  WEDNESDAY, 3 APR 2019
... infancy, Bowtell did not specify what those changes will look like. She added that corporate watchdog ASIC is conducting a review of superannuation advice. It will be looking at in-house product bias and the extent to which advisers are "willing to recommend ...

JPMorgan portfolio manager leaves

KANIKA SOOD  |  TUESDAY, 2 APR 2019
A portfolio manager at a $460 million JPMorgan strategy has left, sparking a review of the strategy at Morningstar. The JPMorgan Global Macro Opportunities Fund has been managed by James Elliot and Shrenick Shah since they co-created the strategy in ...

MP slams prolonged grandfathered commissions carve out

KARREN VERGARA  |  TUESDAY, 2 APR 2019
... receiving little sympathy from the Government. Deputy chair of the House of Representatives Standing Committee on Economics Review of the Four Major Banks, Matt Thistlethwaite, said last week that he doesn't feel sorry for financial advisers who complain ...

AMP Capital invests in student accommodation

KANIKA SOOD  |  MONDAY, 1 APR 2019
... added and it has transitioned to private sector facilities management. In October, 2018 Infratil announced a strategic review of its investment in October 2018. Infratil expects to receive cash proceeds of $162 million from the transaction, it said in ...

ASIC dismisses Royal Commission insider trading reports

ELIZABETH MCARTHUR  |  THURSDAY, 28 MAR 2019
... any irregular trading on 4 February 2019". ASIC responded to the question in a written statement saying it conducted a review of trading in the banking sector on the date in question. ASIC said: "ASIC reviewed trading in the ordinary shares of banking ...

APRA warns trustees on expectations

ELIZABETH MCARTHUR  |  THURSDAY, 28 MAR 2019
... Commission." APRA recommitted to updating guidance on the issue of the sole purpose test during 2019, and indicated that the review of this guidance would involve ASIC in instances where compliance with the sole purpose test has been brought into question. ...

Zurich Investments shuts down fund

KANIKA SOOD  |  THURSDAY, 28 MAR 2019
Zurich Investments has shut down an income-focused international equities fund amid a strategic review of its fund lineup. The Zurich Investments Global Equity Income Scheme, managed by Denning Pryce was closed off in September, wound up in December ...

Super funds eye intra-fund advice shake-up

KARREN VERGARA  |  FRIDAY, 15 MAR 2019
... time super funds will not have the same models that are operating today. Corporate watchdog ASIC is also conducting a review of superannuation advice. It will be looking at in-house product bias and the extent to which advisers are "willing to recommend ...

Banks, ASIC still at war over fees-for-no-service

HARRISON WORLEY  |  TUESDAY, 12 MAR 2019
... indicated additional reviews of Count Financial, Financial Wisdom and the Pathways division of CFPL would continue. NAB's review of NAB Financial Planning and its associated remediation payments are due for completion by the end of this year, while the ...

Risk advice a hard sell: Research

KARREN VERGARA  |  THURSDAY, 7 MAR 2019
... Commission's recommendation that any consideration of life insurance advice is undertaken in 2021 as part of the ASIC review of the Life Insurance Framework reforms, Bailey said collaboration between regulators, policymakers, financial advisers and insurers ...