Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 8711 - 8720 of 28277 results for "NOT"

FASEA attempting to re-write law: AFA

ELIZABETH MCARTHUR  |  WEDNESDAY, 13 NOV 2019
... from 1 January 2020. The code was first issued in February 2019 and the AFA said at the time the code was issued it was told "not to read the code too literally" and promised that guidance would shortly be released. After eight months of waiting, the ...

PIMCO to launch first Australian listed trust

ELIZA BAVIN  |  WEDNESDAY, 13 NOV 2019
... its income target. The attributes of a listed structure will enable it to target less liquid debt opportunities, a universe not typically available in daily priced investment structures," PIMCO said. "This multi-sector approach has allowed PIMCO to achieve ...

CBA wealth boss to exit

KANIKA SOOD  |  WEDNESDAY, 13 NOV 2019
... remediation for wealth clients, and CBA said it is on track to divest aligned advice businesses by June 2020. The bank has not announced a replacement NewCo chief. CBA chief executive Matt Comyn said: "Jason has played a significant role in the divestment ...

Cbus enters corporate super

JAMIE WILLIAMSON  |  WEDNESDAY, 13 NOV 2019
... though there are some caveats. For instances, those aged 65-69 years of age there is no automatic cover for those who are not existing Cbus members. Members can apply for death and TPD but not IP insurance, and any cover received is fixed and reduces ...

Retired Aussies make financial decisions alone

HARRISON WORLEY  |  TUESDAY, 12 NOV 2019
New research shows Australian retirees are not only making financial decisions without professional advice, but in many cases also without the input of their life partners. According to the latest research of global asset manager Franklin Templeton ...

Super funds could boost returns by 59bps: Report

ELIZA BAVIN  |  TUESDAY, 12 NOV 2019
... markets are volatile, the yield on "safe" assets is at historic lows, investment alpha is scarce and most forecasters are "bears not bulls". "Parametric's view is that a good response to these challenges is to begin by controlling what you can control," ...

Chief economist update: The A$ will answer the question of how much more

BENJAMIN ONG  |  TUESDAY, 12 NOV 2019
... market pricing". Markets are currently pricing another rate cut by February 2020 or as early as December this year. Maybe not that soon but the SoMP confesses to at least another rate reduction next year. "The domestic forecasts are conditioned on the ...

Calls for clarity on personal advice in DDO

KANIKA SOOD  |  MONDAY, 11 NOV 2019
... financial advisers some relief from the requirements by listing them as "excluded dealings". However, platform operators are not recognised as "associates". The FSC is asking for the Corporations Act to be amended (or a regulation) to broaden the definition ...

Retail funds shrink unlisted assets

KANIKA SOOD  |  MONDAY, 11 NOV 2019
... years ago. The lion's share of the unlisted assets (such as infrastructure, private equity and private debt) is held by not-for-profit superannuation funds, according to Rainmaker analysis of APRA data. Retail funds hold just $23 billion or less ...

Ethics code creates confusion around ESG

ELIZABETH MCARTHUR  |  MONDAY, 11 NOV 2019
... Stephen Glenfield, FASEA chief executive, offered this clarification to Financial Standard : "In short, Standard Six does not require the adviser to ask about ethical investments. "Rather, where a client indicates they only wish to invest in ethical ...