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Showing 7491 - 7500 of 28273 results for "NOT"

Trust in advisers wanes

JAMIE WILLIAMSON  |  TUESDAY, 30 JUN 2020
... adviser said the same. The study also found that the findings of the Royal Commission and the associated press coverage did not change investors' minds as to where and how they will seek advice. Further, 40% of investors believe professional standards ...

Chief economist update: Extraordinarily uncertain outlook

BENJAMIN ONG  |  TUESDAY, 30 JUN 2020
... including the Coronavirus Aid, Relief, and Economic Security Act (CARES Act). This direct support is making a critical difference not just in helping families and businesses in a time of need, but also in limiting long-lasting damage to our economy." ...

APRA heatmap sees members save on fees

JAMIE WILLIAMSON  |  TUESDAY, 30 JUN 2020
... total fees in December 2019 have lowered their fees over the last six months. However, for most of these the reduction was not sufficient to improve the position of the MySuper products relative to others, so they remain underperforming," APRA said. ...

Life insurers disregard code of practice

ELIZABETH MCARTHUR  |  MONDAY, 29 JUN 2020
The Life Code Compliance Committee has said that life insurers appear not to be taking their obligations under the Life Insurance Code of Practice seriously. The code came into effect in 2017, with the independent committee now publishing its second ...

New advice compliance solution launches

ELIZABETH MCARTHUR  |  MONDAY, 29 JUN 2020
... understand client experiences. Ray McHale, chief executive of MyNextAdvice, said the consumer aspect of compliance should not be forgotten. "All of the new compliance obligations have a single focus. To ensure better consumer outcomes and to help lift ...

SG does wonders for households: Research

JAMIE WILLIAMSON  |  MONDAY, 29 JUN 2020
... proportion of current household income than would otherwise be the case. Therefore, ASFA says the superannuation guarantee is not only doing its job but has benefitted the economy as a whole and will continue to do so, stabilising Age Pension expenditure. ...

No rating cut for VGI funds as Tynan leaves

KANIKA SOOD  |  MONDAY, 29 JUN 2020
... Financial Standard. He also said VGI has added more people to the business on the marketing and distribution side. "While it is not directly related to investments, it does allow Luciano to focus on investment side of the team. It is a point that should ...

New multi-boutique launches in Sydney

KANIKA SOOD  |  MONDAY, 29 JUN 2020
A former head of research for Morphic Asset Management has launched a multi-boutique, aiming to partner with investment managers looking for distribution support. Mantis Funds, led by Timothy Cheung as chief executive, picked up Dalton Street Capital ...

OneVue scores admin mandate

KANIKA SOOD  |  MONDAY, 29 JUN 2020
Amid the Sargon kerfuffle and an acquisition bid, OneVue has managed to snag its single biggest client in its managed funds administration business. Australian Unity Wealth & Capital Markets (AUWCM) has signed a five-year outsourced managed fund administration ...

At least $70bn more in stimulus needed: Grattan

KANIKA SOOD  |  MONDAY, 29 JUN 2020
... tightening, the federal government will need to fund the lion's share of any stimulus," the report said. "Such spending would not impair the federal budget in the long term. "Even assuming no boost to GDP from the spending, public debt by 2029-30 would ...