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Showing 7661 - 7670 of 22800 results for "Funds"

Transparency key to ESG advice success

ELIZABETH MCARTHUR  |  THURSDAY, 11 APR 2019
... investments to be invested responsibly and ethically but advisers and consumers struggle to obtain a complete picture of many funds' holdings. "Our experience suggests that Australians want more alignment between their investments and their values but ...

Fee for no service on APRA and ASIC radar

KARREN VERGARA  |  WEDNESDAY, 10 APR 2019
APRA and ASIC issued a joint letter warning superannuation funds and financial advisers that they will take a tougher approach to ensuring the fee for no service debacle is not repeated. The regulators are taking a more stringent stance on financial ...

Government bans superannuation funds treating employers

KARREN VERGARA  |  WEDNESDAY, 10 APR 2019
... trustees cannot influence employers to encourage their employees to nominate the fund as their choice of fund. Superannuation funds that fail to comply with the new provisions face civil or criminal penalties. In the event of a civil penalty contravention ...

Banks push to leave vertical integration on the table

HARRISON WORLEY  |  WEDNESDAY, 10 APR 2019
... force Australia's banks to jettison the vertical integration model that allowed them to control the entire wealth stack: funds management, financial advice, superannuation and platforms. In a submission to the inquiry, the ABA said it had significant ...

Platform provider wins mandate

KANIKA SOOD  |  WEDNESDAY, 10 APR 2019
... stockbroking and asset management services to clients. It runs multi-asset portfolios using direct Aussie shares, ETFs and managed funds. It is led by former Macquarie Group associate director Sam Robson, former Citigroup head is investment advisory ...

Dealer group acquires bank advice business

JAMIE WILLIAMSON  |  WEDNESDAY, 10 APR 2019
... needs into the future. The transaction is expected to be finalised by 1 August 2019. The move will add about $1 billion in funds under advice to Bridges' books. Within the agreement, Bendigo and Adelaide Bank has provided Bridges and IOOF with indemnities ...

Financial advice in 2030: What does it look like?

JAMIE WILLIAMSON  |  TUESDAY, 9 APR 2019
... continually work with their clients to help them meet their goals," it says. In regards to the superannuation sector, industry funds will dominate. That said, the indexed nature of their investments will see managers commit fewer resources to active ...

Crestone builds investment team

KANIKA SOOD  |  TUESDAY, 9 APR 2019
... joining Crestone Wealth Management as a senior portfolio strategist from JANA Investment Advisers where he researched managed funds and advised charities, endowments and large superannuation funds. Crestone has also hired Anshula Venkataraman as an investment ...

SMSFs outshine industry funds for large balances

KARREN VERGARA  |  TUESDAY, 9 APR 2019
Industry superannuation fund satisfaction outranks retail funds in all categories, but failed to beat self-managed super funds when it comes to larger balances. This is according to Roy Morgan's latest Superannuation Satisfaction Report which found ...

New SMSF admin platform launches

KARREN VERGARA  |  TUESDAY, 9 APR 2019
... Systems Super's software Cashbook. Rainmaker analysis of APRA data shows total net flows between APRA-regulated super funds and self-managed super funds has steadily decreased over the last three years. In 2016, $8.1 billion made its way into the ...