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Showing 8681 - 8690 of 21783 results for "Dec"

Choice members worse off in retirement: Research

KARREN VERGARA  |  TUESDAY, 18 SEP 2018
Latest research shows MySuper members are $50,000 better off at retirement compared to those invested in choice products. Research from the Australian Institute of Superannuation Trustees and Rice Warner shows super members invested outside of MySuper ...

Zenith introduces shareholder voting advice

KARREN VERGARA  |  TUESDAY, 18 SEP 2018
Zenith will start providing formal recommendations to help financial advisers and their clients vote on important shareholder matters. Zenith said the market has reached a tipping point where advisers are increasingly being asked by clients which way ...

ASIC takes Dover, McMaster to court

JAMIE WILLIAMSON  |  MONDAY, 17 SEP 2018
ASIC is taking Federal Court action against Dover Financial Advisers and Terry McMaster for allegedly misleading and deceiving clients. The corporate regulator commenced civil penalty action against the disgraced dealer group and its founder on September ...

ASIC commences civil action against ANZ

KARREN VERGARA  |  MONDAY, 17 SEP 2018
ASIC has commenced civil penalty proceedings against ANZ for its involvement in an alleged criminal cartel relating to a $2.5 billion institutional share placement in August 2015. ASIC alleged ANZ failed to notify the ASX that $791 million of the $2.5 ...

Natixis consolidates, appoints executives

KANIKA SOOD  |  MONDAY, 17 SEP 2018
Natixis has consolidated its business, appointing executives including a former Aberdeen Standard global head of strategic client solutions. The $1 trillion-plus manager has consolidated expertise from its former portfolio research and consulting group ...

Contrarian manager enters super sector

DARREN SNYDER  |  MONDAY, 17 SEP 2018
Operating and investing in Australia for more than a decade, a contrarian asset manager is introducing superannuation and retirement investment solutions to the local market. White-labelling the OneVue wholesale platform, Allan Gray Australia is offering ...

University students to run hedge fund

KANIKA SOOD  |  MONDAY, 17 SEP 2018
An industry-backed hedge fund has launched at the University of New South Wales, where students will run a concentrated long-short portfolio of ASX 300 stocks with ESG filters. Alternative Investment Management Association (AIMA) general manager Michael ...

AMP defaulted members as smokers: Royal Commission

KARREN VERGARA  |  MONDAY, 17 SEP 2018
An AMP non-smoking superannuation fund member was charged excessive premiums of up to $72,000 after he was unknowingly defaulted as a smoker, the Royal Commission heard this morning. AMP group executive wealth solutions and chief customer officer Paul ...

Hagger to depart NAB

JAMIE WILLIAMSON  |  MONDAY, 17 SEP 2018
National Australia Bank has announced Andrew Hagger will leave the bank at the end of the month and will be replaced by Mike Baird. As part of a raft of changes to the institution's executive leadership team, Hagger - as chief customer officer of consumer ...

Dealer groups lift due diligence post Dover

JAMIE WILLIAMSON  |  MONDAY, 17 SEP 2018
The sudden closure of Dover Financial Advisers saw a mad scramble by authorised representatives to secure alternative licensing arrangements. Hundreds were successful in doing so before the July 6 deadline, but latest ASIC Financial Adviser Register ...