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Showing 7321 - 7330 of 15800 results for "TER"

AllianceBernstein sees global leadership shake-up

KARREN VERGARA  |  WEDNESDAY, 3 MAY 2017
AllianceBernstein abruptly overhauled its global leadership team, replacing its chief executive and appointing three new directors. Parent company AXA Financial terminated chief executive Peter Kraus and appointed Seth Bernstein as president and chief ...

ATO blamed for SG non-payment

KARREN VERGARA  |  WEDNESDAY, 3 MAY 2017
The Australian Tax Office's "inadequate" approach to policing superannuation guarantee payments has exacerbated the growing problem of non-compliance, a Senate committee report found. The ATO's reactive rather than proactive practices significantly ...

Victorian DB liabilities hit $44bn

ALEX DUNNIN  |  WEDNESDAY, 3 MAY 2017
Victoria's state budget is projecting a 13% reduction in its superannuation liabilities fueled by a positive revaluation of investment expectations and a slight fall in its defined benefit obligations. Victoria's total defined benefit superannuation ...

China slowing to target

BENJAMIN ONG  |  WEDNESDAY, 3 MAY 2017
Whether it's the official tally or the private sector one, the latest purchasing managers' surveys point to slowing expansion in China's manufacturing sector and suggesting a weak start to the second quarter. China's official National Bureau of Statistics ...

AUSTRAC launches tool to help advisers fight terrorism

ALEX BURKE  |  TUESDAY, 2 MAY 2017
Financial intelligence agency AUSTRAC is releasing a guide to help financial advisers combat serious financial crimes, including financing for terrorism. The guide follows on from the report AUSTRAC released in December last year which determined there ...

Fiducian acquires $17m client book

ALEX BURKE  |  TUESDAY, 2 MAY 2017
Listed advice group Fiducian acquired a Melbourne client book worth $17 million in funds under advice. The client base, which will be serviced by existing salaried planners, was purchased for a total consideration of $700,000, funded by excess cash. ...

AIA launches flexible premium structure

KARREN VERGARA  |  MONDAY, 1 MAY 2017
Life insurance specialist AIA Australia launched a new product feature that will help clients curb costly stepped premium increases for up to 15 years. Advisers will have greater flexibility in matching premium terms to their clients' needs, with the ...

Advice practices need succession plan: Research

DARREN SNYDER  |  MONDAY, 1 MAY 2017
Financial advice practices remain bullish on business outlook but few hold any long-term strategic plans to capitalise on expected industry growth. A report published by knowITdigital and Business Health shows one-third of advice practices have a long-term ...

BetaShares launches small-cap fund

KARREN VERGARA  |  MONDAY, 1 MAY 2017
BetaShares has launched a small-cap fund that charges a management fee well below the industry average. The ASX-listed Australian Small Companies Select Fund (SMLL) aims to provide investors with capital growth and income by investing in small listed ...

Martin Currie SMA debuts on HUB24

KARREN VERGARA  |  MONDAY, 1 MAY 2017
A Legg Mason Martin Currie separately managed account (SMA) has debuted on the HUB24 platform. The Legg Mason Martin Currie Equity Income Strategy addresses retiree longevity risk and avoids the need to draw down on capital through retirement, according ...