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Showing 8591 - 8600 of 28277 results for "NOT"

AMP cuts ongoing advice agreements

ELIZABETH MCARTHUR  |  FRIDAY, 6 DEC 2019
... year timeframe. At the recent House Economics Committee, Wade said the Royal Commission highlighted the fact that AMP did not have a culture that put clients first. "With that backdrop, AMP is working hard to implement the recommendations of the Final ...

Chief economist update: A penny saved, a penny not earned by the economy

BENJAMIN ONG  |  FRIDAY, 6 DEC 2019
... think, is an error." - 'The Fable of the Bees' by Bernard Mandeville A penny saved might be a penny earned... but not if everyone is saving, for there'll be nobody left to do the spending that somebody else would be earning. This, ladies ...

The secret to super outperformance

ELIZABETH MCARTHUR  |  FRIDAY, 6 DEC 2019
... RIAA called for improvements in one area of responsible investing - disclosures. "Many of our largest super funds are still not showing clients how their money is being invested on their behalf. Just 12% of super funds publish their full equities holdings," ...

Why joint effort is required in advice

ELIZABETH MCARTHUR  |  THURSDAY, 5 DEC 2019
... trying to be more aligned and collaborate," FPA chief executive Dante De Gori said. De Gori said the FASEA Code of Ethics is "not done and dusted" and confirmed the associations will continue to work together to get a favourable outcome for financial ...

Super funds to crack 13% by year end, retail leading

KANIKA SOOD  |  THURSDAY, 5 DEC 2019
... economy, Dunnin said. "The expected strong returns from super funds this calendar year remind us that the real economy is not the financial markets that many super funds invest into," he said. "To understand super fund performance we need to look at ...

ETF investing at record highs: Report

ELIZA BAVIN  |  THURSDAY, 5 DEC 2019
The ETF industry is seeing a rapid rise in popularity amongst SMSFs and financial advisers, according to the BetaShares/Investment Trends ETF Report. According to the report, the number of ETF investors in Australia has grown 18% year on year, reaching ...

Chief economist update: Australian economy gently turning which way?

BENJAMIN ONG  |  THURSDAY, 5 DEC 2019
... that "the gentle turning point" governor Lowe has been talking about appears to be a turning point lower... and that's not even factoring in the persistent uncertainty surrounding Trump's trade war with the world. My back of the envelope calculations ...

Fee changes at industry super fund

ELIZABETH MCARTHUR  |  WEDNESDAY, 4 DEC 2019
Fees for members of a $1.6 billion industry superannuation fund will change from 2020. Effective January 1, REI Super will change fees across a number of its options, according to a notice to members. Some options will see a fee cut, while fees on others ...

Regulators circle as scandal engulfs Westpac

ALLY SELBY  |  WEDNESDAY, 4 DEC 2019
... Southeast Asia. Byrnes said APRA is working closely with AUSTRAC and ASIC. "We are actively looking at the issues, but there is not as yet a formal investigation," Byres said. There are two sets of obligations that come under BEAR, one relating to the ...

Super consumer body grateful for intervention

HARRISON WORLEY  |  WEDNESDAY, 4 DEC 2019
With just 18 months of funding left, Super Consumers Australia has been handed a potential lifeline by the government. After the government announced it would take its first steps towards fulfilling a recommendation of the Productivity Commission to ...