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Showing 8661 - 8670 of 28277 results for "NOT"

Politician urges Treasurer to protect advisers

ELIZABETH MCARTHUR  |  FRIDAY, 22 NOV 2019
... Authority changes. "Older advisers entered the profession at a time when degrees were uncommon and courses from that time are now not recognised by FASEA," Steggall wrote. "In the case of specialist advisers, they are being asked to undertake study in ...

Boutique portfolio manager to retire

KANIKA SOOD  |  FRIDAY, 22 NOV 2019
A Sydney small caps boutique has appointed a new co-portfolio manager, as its founder and chief investment officer announces his retirement plans. Frank Villante will retire from Celeste Funds Management in November 2021. As a result, Celeste is promoting ...

QSuper, Sunsuper not committed to merger

HARRISON WORLEY  |  FRIDAY, 22 NOV 2019
QSuper has confirmed its proposed partnership with Sunsuper may not result in a traditional merger. Appearing before the House of Representatives Standing Committee on Economics on Thursday, QSuper chief executive Michael Pennisi fielded questions from ...

Life risk insurance not profitable: KPMG

HARRISON WORLEY  |  FRIDAY, 22 NOV 2019
... also noted group insurance reported a small loss of $50 million in the first six months of the year. KPMG's analysis does not yet take into account the impact of the government's now-implemented Protecting Your Super legislation, which it said ...

Financial planning pioneer to speak at FPA Congress

KANIKA SOOD  |  FRIDAY, 22 NOV 2019
... and content to help them move towards a life-centered approach to financial advice for their clients. Financial planning was not Anthony's first career of choice - he came to it after decades in community support work. Anthony studied theology and philosophy ...

Grandfathering phase out tussle continues

ELIZABETH MCARTHUR  |  FRIDAY, 22 NOV 2019
... allowing the regulator to apply pressure on the issue. "Unfortunately these new welcomed intervention powers ASIC now has were not available 40 years ago to prevent the $50 billion of product failure that has been unfairly blamed on the advice community," ...

Best of times, worst of times for advice

ELIZABETH MCARTHUR  |  FRIDAY, 22 NOV 2019
... "The whole regulatory landscape as a consequence of Hayne and a reinvigorated ASIC and APRA is undergoing major shifts. I'm not sure that we know where it all ends but it means that it's an entirely different landscape that we're dealing with." Michael ...

Tropical theme Ponzi scheme busted

ELIZA BAVIN  |  FRIDAY, 22 NOV 2019
... Shore Management, managed the "Palm" and "Shore" investment funds. The SEC said both Palm Management and Shore Management are not registered with the Commission in any capacity. The SEC alleges Burkholz and Bianco invested less than half of the funds ...

Chief economist update: Cloudy 2020 vision for OECD

BENJAMIN ONG  |  FRIDAY, 22 NOV 2019
Scratch that and lower it to 2.9%. In its 'Interim Economic Outlook' report published on September 19, the OECD lowered its world economic growth forecast from 3.6% in 2018 to 2.9% (down from 3.2% forecast in May 2019) this year and 3.0% (down ...

Complexity equals risk: IOOF chief

HARRISON WORLEY  |  THURSDAY, 21 NOV 2019
... conflicts. What we're saying is we are eliminating those conflicts [raised at the Royal Commission]. Those conflicts will not exist going forward. But where I completely agree with you is that complexity equals risk and cost. "I think as an industry ...