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Showing 721 - 730 of 1670 results for "Register"

MLC faces class action over adviser fees

ELIZABETH MCARTHUR  |  WEDNESDAY, 10 JUL 2019
... to July 1 2016 and those who continued to have certain MLC Super or Pension product accounts following July 1 2016 to register for the class action. The class action will be funded by IMF Bentham on a no win, no pay basis - there will be no out of pocket ...

New Bond ETF for BetaShares

ELIZABETH MCARTHUR  |  WEDNESDAY, 10 JUL 2019
BetaShares announced the launch of the BetaShares Australian Government Bond ETF -adding to its stable of fixed income products. The Australian Government Bond ETF (ASX: AGVT) aims to track the performance of an index that provides exposure to a portfolio ...

State Street cops $125m penalty

JAMIE WILLIAMSON  |  WEDNESDAY, 3 JUL 2019
State Street has paid more than $125 million to settle charges for adding undisclosed markups on expenses related to the custody of client assets. In a settlement, State Street Bank and Trust Company has paid $125 million (USD88 million) after the Securities ...

Advice affordability a growing concern

HARRISON WORLEY  |  FRIDAY, 28 JUN 2019
Latest research from Investment Trends shows financial advisers are becoming increasingly concerned with how to provide affordable advice. Investment Trends' 2019 Planner Technology Report revealed more advisers are struggling to provide affordable ...

Group insured, advised clients better off

HARRISON WORLEY  |  FRIDAY, 28 JUN 2019
... claims admitted in 95% of cases, and non-advised clients coming in at 85%. Accident cover saw individual non-advised register 82% admittance, with just 19% for advised clients. However, group insurance was the top performer, scoring 98% admittance for ...

Former Westpac adviser permanently banned

JAMIE WILLIAMSON  |  WEDNESDAY, 26 JUN 2019
... their life when they could not possibly rebuild their assets ahead of retiring. According to the ASIC Financial Adviser Register, Luthra was licensed by Westpac from March 2013 to April 2016. He is also a member of the Financial Planning Association ...

Chief economist update: Expect more of the same from the BOJ

BENJAMIN ONG  |  TUESDAY, 18 JUN 2019
Speculation may be mounting over one or two Fed rate cuts (one, two or three for the RBA) going forward, but there are no such similar expectations for the Bank of Japan (BOJ). With the BOJ's policy rate currently at negative 0.1% and its "yield ...

ASIC FAR, advice industry contract

JAMIE WILLIAMSON  |  MONDAY, 17 JUN 2019
More than 1700 financial advisers have dropped off the ASIC Financial Adviser Register in less than six months. As of this month, there are 27,108 active financial advisers in Australia, Rainmaker analysis of latest ASIC FAR data shows. At its height ...

Chief economist update: Australian bull market here we come

BENJAMIN ONG  |  THURSDAY, 13 JUN 2019
Just a weetle more, a weetle more... a little more push higher and sooner than soon, the All Ordinaries index would satisfy the technical definition of a bull market - a 20% rally from its nearest low - and onwards towards topping its record high of ...

CBA sells advice dealer group

JAMIE WILLIAMSON  |  THURSDAY, 13 JUN 2019
... existing holdings in Count Financial firms, the bank said. According to Rainmaker analysis of the ASIC Financial Adviser Register, as of this morning Count Financial is home to 351 active financial advisers. CBA will continue to support and manage customer ...