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Showing 7631 - 7640 of 22140 results for "Tim"

Members shift to industry super funds

KARREN VERGARA  |  THURSDAY, 29 AUG 2019
Retail superannuation funds copped a battering of outflows as latest APRA figures paint a telling picture of a booming industry super fund sector nearly one year after the Hayne Royal Commission. Retail fund assets were flat at $625.7 billion in the ...

CFS slashes trail commissions on some funds

KANIKA SOOD  |  THURSDAY, 29 AUG 2019
Colonial First State has pared back trail commissions on a small slice of its funds, in a move that will affect about 400 advisers. The maximum rate of adviser trail commission is reducing from 0.8% per annum to 0.4% per annum (excluding GST) for Colonial ...

Pendal hires State Street exec

KARREN VERGARA  |  THURSDAY, 29 AUG 2019
Pendal Group appointed a former State Street and BlackRock executive to further expand its operations in the US as the new chief executive for the region. Nick Good takes the reins of Pendal subsidiary J O Hambro Capital Management (JOHCM), shortly ...

Chief economist update: The fear of Brexit

BENJAMIN ONG  |  THURSDAY, 29 AUG 2019
"Pompa mortis magis terret quam mors ipsa." Translated into the quotee Francis Bacon's - English philosopher, statesman and essayist - mother tongue, "The pomp of death alarms us more than death itself." Yes Virginia, you know where I'm going ...

AFA Foundation headed for milestone

ELIZABETH MCARTHUR  |  WEDNESDAY, 28 AUG 2019
The AFA Foundation is heading towards an enormous milestone, anticipating $2 million donations in 2019. The AFA Foundation may well reach over $2 million in donations this year, with much of it donated by the association's adviser members, AFA Foundation ...

The highest honour: 2018 AOTY reflects on win

ELIZABETH MCARTHUR  |  WEDNESDAY, 28 AUG 2019
The outgoing Adviser of the Year, Hugh Robertson, has revealed how much receiving the honour has meant to him. Awarded the title of Adviser of the Year for 2018 at last year's Association of Financial Advisers' National Conference, Robertson described ...

Train of legislation to hit advisers

ELIZABETH MCARTHUR  |  WEDNESDAY, 28 AUG 2019
Speaking at the Association of Financial Advisers National Conference, former Foreign Minister Julie Bishop expressed sympathy for the regulatory changes the advice industry is facing. Touching on the Royal Commission, Bishop said the reputational harm ...

No extension to FASEA deadline

JAMIE WILLIAMSON  |  WEDNESDAY, 28 AUG 2019
Assistant Minister for Financial Services, Superannuation and Financial Technology Jane Hume has failed to announce an expected extension to the FASEA deadline but has assured the industry the government is not looking to force experienced financial ...

It's time for super to move on: Combet

HARRISON WORLEY  |  WEDNESDAY, 28 AUG 2019
The future of superannuation and its successes should form the basis of the public discussion about the system, not the fights of the past, according to Industry Super Australia chair Greg Combet. Speaking at the opening session on day two of the Financial ...

Future Fund returns 11.5%, crosses $160bn

KANIKA SOOD  |  WEDNESDAY, 28 AUG 2019
Australia's sovereign wealth fund returned 11.5% in the year to June, with chair Peter Costello likening the returns to that of a "high growth" superannuation option but with much lower risk. The Future Fund now manages $162.6 billion, after adding ...