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Showing 731 - 740 of 2375 results for "Majority"

Industry veteran arrested

ELIZABETH MCARTHUR  |  WEDNESDAY, 18 DEC 2019
... founded Brierley Investments and was chair of Guinness Peat Group before taking the helm at Mercantile. Brierley was the majority stakeholder in Tyndall Investment Management, which is now Nikko Asset Management's Australian and New Zealand busin ...

No joy in the advice world this Christmas

ELIZABETH MCARTHUR  |  WEDNESDAY, 18 DEC 2019
... compared to other industries". Reflecting on the year that was since the Royal Commission, Daniels said the overwhelming majority of advisers want a professional, ethical, transparent and sustainable industry. "Decades of constant reform has only served ...

Chief economist update: Three cheers for Christmas

BENJAMIN ONG  |  MONDAY, 16 DEC 2019
... Prime Minister Boris Johnson, thumping victory at the December 12 general elections. The Conservatives won 365 seats -- majority of 80 seats, the largest since the 1987 polls - in the country's 650-seat House of Commons. This gives the prime minister ...

Practice profitability at risk: MLC Life

JAMIE WILLIAMSON  |  FRIDAY, 13 DEC 2019
... well. In their case, it would seem that the combination of fee and renewal commission goes some way to cover cost. The majority of advisers who just rely solely on renewal commission most likely do not cover cost," the research reads. "More precise analysis ...

Chief economist update: Has the Fed conquered the yield curve?

BENJAMIN ONG  |  THURSDAY, 12 DEC 2019
... a rate HIKE next year. Financial markets appear to agree and this is consistent with the CME FedWatch Tool that shows majority of market participants expect no change in US interest rates in 2020. The US has come a long way baby... from US recession ...

Elders FP to shutter

JAMIE WILLIAMSON  |  TUESDAY, 10 DEC 2019
... 59 advisers. The advisers are expected to transition to other licensees, with most likely to move to Millennium3 - the majority owner of Elders. "Clients will receive letters from their advisers, advising them of the change in arrangements when they ...

IOOF, ANZ transaction gets green light

ELIZA BAVIN  |  TUESDAY, 10 DEC 2019
... additional license conditions imposed by APRA in December 2018. APRA said noteworthy steps taken by IOOF include appointing a majority of independent directors to its RSE licensee boards, moving to legally separate its duel regulated entities and implementing ...

MySuper heat map lauds industry funds

HARRISON WORLEY  |  TUESDAY, 10 DEC 2019
Industry super funds fared best in APRA's first MySuper heat map, forming the majority of products given the all clear by the regulator. APRA's MySuper heat map, released this morning, demonstrates the lead large industry super funds have over ...

CFS culls grandfathered commissions, slashes fees

KANIKA SOOD  |  FRIDAY, 6 DEC 2019
... announced today. Next up in CFS's grandfathering phase out will be the FirstChoice and FirstWrap products, where majority of it are investor assets are. The company has committed to end all trail commissions by mid-2020, as previously reported by ...

Ethical super fund shutters themed options

JAMIE WILLIAMSON  |  WEDNESDAY, 4 DEC 2019
An ethical superannuation fund founded in 2013 has terminated the majority of its impact-based investment options following a review. Good Super, which was founded by Sargon's Phillip Kingston and Aron D'Souza as a social impact superannuation fund ...