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Showing 781 - 790 of 3547 results for "October 1"

Good year for active managers in fixed income

KANIKA SOOD  |  FRIDAY, 16 JUL 2021
Good year for active managers in fixed income Kanika Sood Active fixed income managers outperformed their indexed peers in COVID-19, according to Zenith's review of the universe. In the 12 months to April end, the Bloomberg Ausbond Composite Index (0+years) ...

WAM Global performance rises

ANNABELLE DICKSON  |  FRIDAY, 16 JUL 2021
The $646 million listed investment company has announced a record investment portfolio for FY20, outperforming the index by 3.2%, ahead of its full-year results. WAM Global recorded investment portfolio performance of 30.7% and total shareholder return ...

ROA relief guidance released

KARREN VERGARA  |  FRIDAY, 16 JUL 2021
ASIC and the Financial Adviser Standards and Ethics Authority have provided further guidance on how advisers can use Records of Advice to make the most of the temporary measure. The corporate regulator and FASEA said the guidance and case study they ...

Praemium strengthens distribution efforts

JAMIE WILLIAMSON  |  THURSDAY, 15 JUL 2021
A former head of wholesale at Fidelity is joining the platform provider's distribution team. Andrew Mathie is now a regional manager at Praemium, responsible for New South Wales. He brings more than 20 years' experience in wealth management, most notably ...

Ian Silk to leave AustralianSuper

KARREN VERGARA  |  TUESDAY, 13 JUL 2021
The chief executive of Australia's biggest superannuation fund AustralianSuper will step down before the end of the year. Having led the fund since its creation on 1 July 2006, Ian Silk is set to leave the super fund at the end of this year. Chief ...

Dixon Advisory to pay $8.2m to settle ASIC action

KANIKA SOOD  |  FRIDAY, 9 JUL 2021
ASIC will drop its September 4 Federal Court case against Evans & Dixon's financial advice arm for $8.2 million and declaration of 53 contraventions. Dixon Advisory and Superannuation Services (DASS) will pay $7.2 million in penalty and $1 million ...

FSC launches DDO templates

ANNABELLE DICKSON  |  THURSDAY, 8 JUL 2021
The Financial Services Council (FSC) and 60 of its members have worked together to launch two products ahead of the design and distribution obligations (DDO) regime. The FSC and members from life insurance, funds management and superannuation have collaborated ...

FYG expands network

KARREN VERGARA  |  WEDNESDAY, 7 JUL 2021
Tasmania-based FYG Planners has added a Victorian financial advice firm to its stable. Based in Chadstone, Prosperity Planners now operates under licensee FYG. Christopher Bailey, co-founder and financial planner, set up Prosperity in May and prior ...

BT Super for Life ups insurance premiums

KANIKA SOOD  |  TUESDAY, 6 JUL 2021
BT Super for Life will increase the cost of its standard life insurance cover by 13.1% from August 1. The standard cover includes death and TPD. As an example, a 34-year-old male member of BT Super for Life previously paid $11.41 each month for one ...

Former AFA chief in new role

KARREN VERGARA  |  TUESDAY, 6 JUL 2021
The former chief executive of the Association of Financial Advisers announced his next move, which involves leading another industry body. Phil Kewin will become the president of the National Insurance Brokers Association (NIBA) from August 16. Kewin ...