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Showing 751 - 760 of 2375 results for "Majority"

AFCA delivers $185m in compensation

ELIZABETH MCARTHUR  |  FRIDAY, 1 NOV 2019
... uptick in complaints compared to previous complaints schemes. About 77% of complaints lodged have been resolved, with the majority resolved in less than 60 days; 70% of those were resolved in favour of the complainant. Banks won out for the most complained ...

Super investment menus not what they seem: Rice Warner

ELIZABETH MCARTHUR  |  FRIDAY, 1 NOV 2019
... "Industry superannuation funds have traditionally offered relatively simple investment menus to accommodate the vast majority of their members who do not actively engage with the fund around investment choice," Rice Warner said. "By contrast, retail ...

Ex-Janus Henderson portfolio manager opens new boutique

ELIZABETH MCARTHUR  |  THURSDAY, 31 OCT 2019
... be on partnering with exceptional investment talent to bring quality funds to market, he said. "They are also all the majority owners of their businesses and invest in their own funds, ensuring their objectives are the same as our clients in always aiming ...

ASIC imposes AFSL conditions on IOOF

JAMIE WILLIAMSON  |  MONDAY, 28 OCT 2019
... additional conditions in relation to governance, structure and compliance. Under the conditions, IISL is required to have a majority of independent directors with skills and background relevant to the operation of managed investment schemes and IDPS ...

Westpac takes $1 billion profit hit

ELIZA BAVIN  |  THURSDAY, 24 OCT 2019
... and services to ensure they deliver the right outcomes for customers, and if necessary, make further provisions." The majority of costs relate to customer payments, $191 million for ongoing advice service fees, with the remainder associated with the ...

SMSF scheme sees creator jailed

ELIZA BAVIN  |  WEDNESDAY, 23 OCT 2019
... demonstrates that promoters who encourage illegal early access to superannuation will be held accountable. "While the majority of SMSFs do the right thing, this case serves as a reminder that there are severe penalties for those who attempt to cheat ...

Whistleblower calls out approved product lies

ELIZA BAVIN  |  WEDNESDAY, 23 OCT 2019
... appropriate life insurance solution, based on a client's circumstances, needs and objectives. "On the other hand, the majority of institutional licensees continue to operate limited APLs to ensure that new business flows through to related-party ...

Insto sales director departs Principal Global Investors

KANIKA SOOD  |  TUESDAY, 22 OCT 2019
... capabilities." The firm manages $3.8 billion in assets in Australia, down from $4.5 billion at the start of the year. The majority of this is for institutional clients across its strategies in equities, fixed income, real estate, alternatives and multi-asset. ...

Fixed income investors spooked by global politics: Fitch

ELIZA BAVIN  |  THURSDAY, 17 OCT 2019
... that investors do not expect major changes to Australian corporates' appetite for leverage over the next year with the majority of investors expecting leverage to increase modestly or stay the same. "Sustainable bonds stand apart from other asset classes ...

NAB builds banking team, cuts fees

ELIZA BAVIN  |  TUESDAY, 1 OCT 2019
... expansion, introducing 163 new roles in its business and private bank while also removing over 100 fees for customers. The majority of the new roles are based in Victoria and New South Wales, with over 130 of the 163 being across those two states. NAB ...