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Showing 6871 - 6880 of 28267 results for "NOT"

The case for an overhaul of advice: Rice Warner, FSC

ANNABELLE DICKSON  |  TUESDAY, 20 OCT 2020
... review able to be done without needing a comprehensive analysis "The aim is to build a new model for financial advice which not only makes professional quality advice more affordable and accessible for consumers, but also removes the mass of costly compliance ...

Sunsuper cops rating downgrades

ANNABELLE DICKSON  |  TUESDAY, 20 OCT 2020
... Morningstar director of manager research Tim Wong said multisector strategies have been hampered by the revised framework. "Not many multisector funds which include Sunsuper are able to pass that benchmark over time and that kind of raises a hurdle for ...

IAPF to acquire management rights for $40m

ELIZA BAVIN  |  TUESDAY, 20 OCT 2020
... long-term interests of unitholders would be best served by an internalised management structure," the directors said. "This would not only provide enhanced governance and increase alignment of interests consistent with industry standards, but ensure ...

NAB to pay $15m for Royal Commission case study

ELIZABETH MCARTHUR  |  MONDAY, 19 OCT 2020
... without an Australian credit licence. The Federal Court found that NAB had breached the act by using "introducers" who did not have a licence. These introducers were engaged in credit activity, namely by assisting NAB customers to enter into home loans. ...

American manager eyes local market

KANIKA SOOD  |  MONDAY, 19 OCT 2020
... sell-offs. This kind of responsive allocation helps this group of strategies provide equity tail-risk protection that does not drag on returns over the medium to long term," he said. Welton Global delivered 12.9% in first quarter of 2020, and has delivered ...

Risk but no reward in institutional equities portfolios

KANIKA SOOD  |  MONDAY, 19 OCT 2020
Northern Trust Asset Management peeked into the equities portfolios of 200 institutional managers and found nearly 66% of the risk they took didn't yield rewards. The quant manager studied 200 portfolios (1000 strategies totaling $200 billion plus in ...

Self-licensing on the horizon

KARREN VERGARA  |  MONDAY, 19 OCT 2020
... HFM & Partners and Queensland-based Designing Financial Solutions (DFS) have recently left MLC-owned GWM Adviser Services not long after the IOOF takeover. "We are seeing a second wave of movements as advice firms either review their initial decision ...

Tax Practitioners Board adds members

ANNABELLE DICKSON  |  MONDAY, 19 OCT 2020
... served as principal - taxation at EY. She is a member on a number of of the Law Council of Australia's committees, the ATO not-for-profit Stewardship Group and the Advisory Committee for the Board of Taxation. Stephens has a wealth of tax experience ...

ASX200 advance climate targets

ANNABELLE DICKSON  |  MONDAY, 19 OCT 2020
... Group, Stockland, The Star Entertainment Group, Santos, Suncorp, Vicinity Centres and Woodside. But 13 of the 18 companies have not yet disclosed how their short and medium-term strategies are aligned to achieving this target. Only four companies have ...

Derivatives issuer cops $75m penalty

ELIZA BAVIN  |  MONDAY, 19 OCT 2020
The Federal Court has imposed a $75 million penalty on OTC derivative issuer AGM Markets and former authorised representatives OT Markets and Ozifin. AGM was ordered to pay $35 million, while OTM and Ozfin have each been ordered to pay $20 million. ...