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Showing 8951 - 8960 of 29084 results for "PRI"

Whistleblower calls out approved product lies

ELIZA BAVIN  |  WEDNESDAY, 23 OCT 2019
A new paper on the consumer impact of Approved Product Lists (APLs) claims institutionally-aligned Australian Financial Services Licensees (AFSLs) are funneling new clients into in-house products, potentially in breach of Best Interest Duty obligations. ...

Another winter of Australian discontent

BENJAMIN ONG  |  WEDNESDAY, 23 OCT 2019
It would be the winter of discontent for Australia's agriculture sector if Rabobank's latest 'Australian Winter Crop Outlook' report is any guide. The specialist agribusiness bank predicts that the country's national harvest would ...

Insto sales director departs Principal Global Investors

KANIKA SOOD  |  TUESDAY, 22 OCT 2019
Principal Global Investors Australia is on the hunt for a new director of institutional sales after the incumbent left this month. Michael Gaffney, who worked as the global manager's director of institutional sales down under, left the company after ...

Industry fund hires from Colonial First State

ELIZA BAVIN  |  TUESDAY, 22 OCT 2019
An $11.3 billion industry fund has hired an investment specialist from Colonial First State. NGS Super has appointed former Colonial First State research and investment specialist Melinda He as its new manager - liquid assets in its investment team. ...

New SMAs launch

ELIZABETH MCARTHUR  |  MONDAY, 21 OCT 2019
A new range of separately managed accounts (SMAs) have launched, attempting to address a demand the new FASEA code of ethics could create. A group of financial advisers have come together to launch the SMAs through Ethical Advisers Funds Management. ...

Future Fund returns 1.9% for the quarter

KANIKA SOOD  |  MONDAY, 21 OCT 2019
Australia's sovereign wealth fund returned 1.9% in the three months to September, taking its ten-year return from 10.4% per annum at end of last quarter to 10%. The fund's assets under management grew by $3.1 billion in the quarter. Asset allocation ...

Australia climbs up Mercer global pension index

HARRISON WORLEY  |  MONDAY, 21 OCT 2019
Australia's retirement system has risen in the global ranking of pension systems, but it still has room for improvement, according to Mercer's latest rankings of global pension systems. According to the 2019 Melbourne Mercer Global Pension Index, Australians ...

FASEA clears up code of ethics

ELIZA BAVIN  |  MONDAY, 21 OCT 2019
The Financial Adviser Standards and Ethics Authority have released a guidance document for its code of ethics for financial advisers, which will come into effect on January 1, 2020. The code comprises of five values and 12 standards and has been designed ...

Leaving a legacy

KANIKA SOOD  |  FRIDAY, 18 OCT 2019
Jeff Chapman, whose net worth is pegged at more than $800mn, speaks to Financial Standard about his family office investments including Bennelong Funds Management, and generosity. What were your goals in setting up your family office? Jeff Chapman ...

Trillionaires around the corner: study

KANIKA SOOD  |  FRIDAY, 18 OCT 2019
The world is only six years away from welcoming its first trillionaire, according to a new study that looked at the private wealth of the world's richest denizens. Amazon founder and chief executive Jeff Bezos is on the way to becoming the first ...