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Showing 891 - 900 of 3698 results for "Though"

Changes to advice incoming: Bragg

ELIZA BAVIN  |  THURSDAY, 16 JUL 2020
Senator Andrew Bragg has confirmed legislative changes to advice are around the corner, telling Michael Rice the Corporations Act needs to be updated. Bragg, in conversation with Rice for a Financial Services Council webinar, said he is an avid user ...

BlackRock offers update on dumping coal

ELIZABETH MCARTHUR  |  THURSDAY, 16 JUL 2020
... up 146% from 353 in 2018-2019 to 870 in 2019-2020. Governance remains the ESG issue that BlackRock engages on the most though. In 2018-2019 BlackRock engaged on governance issues 1931 times and in 2019-2020 that increased to 2835 times (up 47%). "Our ...

Merged First State Super reveals new brand

KANIKA SOOD  |  WEDNESDAY, 15 JUL 2020
The $120 billion fund has picked a new name, with the First State Super name expected to be dropped from September. Meanwhile VicSuper's brand name will be retained for the interim. Both First State Super and StatePlus brand names will be replaced ...

Chief economist update: The All Ords' ups, downs and ups

BENJAMIN ONG  |  WEDNESDAY, 1 JUL 2020
It seemed so long ago and far away now but it was only a year ago that the All Ordinaries index broke above its all-time high recorded in 2007 before climbing to a new peak in February this year. The mood was good: The US and China have reached a trade ...

Foreign exchange broker banned

ALLY SELBY  |  TUESDAY, 30 JUN 2020
... clients they could reduce the risk of incurring trading losses if they increased deposits into their trading accounts, even though this would have the opposite effect and would place more of the client's money at risk. In doing so, ASIC found that Marsh ...

New advice compliance solution launches

ELIZABETH MCARTHUR  |  MONDAY, 29 JUN 2020
... and advisers should not see feedback as a business opportunity in itself, McHale said. The system does create benchmarks though, so users can identify the improvements that need to be made in order to achieve best practice and improve not only client ...

HESTA to go zero carbon

RACHEL ALEMBAKIS  |  FRIDAY, 26 JUN 2020
HESTA will reduce the absolute carbon emissions in its investment portfolios by 33% by 2030 and will move to net zero by 2050. The $52 billion industry superannuation fund will implement a Climate Change Transition Plan (CCTP) that seeks to effectively ...

Robo users double down during COVID-19

ELIZABETH MCARTHUR  |  FRIDAY, 26 JUN 2020
... falls, and buying back in after the main recovery)," Garrett said. Slightly more clients than usual did close their accounts though, possibly spooked by the volatility, Six Park said. In a normal period, Six Park has a churn rate (the rate of people ...

Rice Warner questions super return targets

HARRISON WORLEY  |  THURSDAY, 25 JUN 2020
... Warner said. The firm said it is ironic that many consumers are still likely to use past performance to compare funds, even though the industry is constantly at pains to emphasise that past performance is not a reliable indicator of future performance. ...

HSBC hit with $2.3bn suit over Disney investments

ELIZABETH MCARTHUR  |  WEDNESDAY, 24 JUN 2020
Banking giant HSBC is facing a $2.3 billion (GBP 1.3 billion) law suit over investments in Disney films allegedly promoted by its private bank in the UK. The Eclipse Film Partnerships were a series of film financing schemes conceived by HSBC and promoted ...