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Showing 7591 - 7600 of 29079 results for "PRI"

Advice disciplinary body delayed

KARREN VERGARA  |  FRIDAY, 28 AUG 2020
Financial advisers will have to wait until June 2021 for the long-awaited disciplinary body that is purported to professionalise the industry. Assistant Minister for Superannuation, Financial Services and Financial Technology, Senator Jane Hume flagged ...

APRA expands super data collection

ELIZA BAVIN  |  FRIDAY, 28 AUG 2020
APRA has released the final consultation package for Phase 1 of its project to expand the breadth, depth and consistency of its superannuation data collection. Launched last November, APRA's multi-year Superannuation Data Transformation aimed to improve ...

Advisers more bearish than clients

JAMIE WILLIAMSON  |  FRIDAY, 28 AUG 2020
This year is the first time financial advisers have been less optimistic than retail investors, with advisers only anticipating capital gains of 1.3% over the next 12 months from local shares. That's according to the latest data from Investment Trends ...

Industry fund adds to board

KARREN VERGARA  |  FRIDAY, 28 AUG 2020
A $5.2 billion profit-to-member superannuation fund has appointed a new director to its board. Allison Harker joins the board of Prime Super as a director, bringing with her financial services, human resources and primary industries expertise. Her early ...

APRA issues new licence conditions on NULIS

ELIZABETH MCARTHUR  |  THURSDAY, 27 AUG 2020
APRA has issued directions and imposed new licence conditions on NULIS Nominees to improve its governance and controls to ensure members' best interests. The directions and additional licence conditions require NULIS to record how it considers members' ...

Vanguard leaves Hong Kong, Japan for Shanghai

ANNABELLE DICKSON  |  THURSDAY, 27 AUG 2020
Vanguard has announced it is exiting its exchange traded fund (ETF) businesses from Hong Kong and Japan to focus on retail clients in mainland China as the two offshore operations did not have "significant scale". The ETF provider said in a statement ...

Shareholders approve Aon, WTW merger

JAMIE WILLIAMSON  |  THURSDAY, 27 AUG 2020
Despite ongoing objection elsewhere, shareholders have approved the merger of Aon and Willis Towers Watson. Shareholders in Aon and Willis Towers Watson voted for all proposals necessary to see the merger through at their respective extraordinary general ...

No bonus again for Platinum's Clifford

KANIKA SOOD  |  THURSDAY, 27 AUG 2020
Kerr Neilson's successor at Platinum Asset Management has forgone his variable awards for a second year in the row, as the ASX-listed fund manager reports a 1.3% dip in its profits for FY20. Andrew Clifford, who took over from Neilson as the chief investment ...

Is your CEO smart or just lucky?

KANIKA SOOD  |  THURSDAY, 27 AUG 2020
New academic research says chief executives gain more power for strokes of luck, especially if the boards watching them have weak governance. University of North Carolina academic Turk Al-Sabah probed the question in recently published his research ...

Heine family sells Netwealth shares

KANIKA SOOD  |  THURSDAY, 27 AUG 2020
The Heine family took advantage of Netwealth's strong results and buoyant share price yesterday to sell down about $76 million worth of shares in the company -- a tiny sliver of their expansive holding. The sale of 5.5 million shares was across ...