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Showing 901 - 910 of 2662 results for "SEPA"

SSGA slashes ETF fee

HARRISON WORLEY  |  MONDAY, 17 FEB 2020
State Street Global Advisors will slash the fees of the most traded ETF in Australia. SSGA is set to make a six basis point cut to the management costs of its SPDR S&P/ASX200 ETF (STW), pushing its cost down from 0.19% p.a. to 0.13% p.a. The change ...

Macquarie quietly rolls out low-cost platform menu

HARRISON WORLEY  |  FRIDAY, 14 FEB 2020
Macquarie recently launched a new low-cost investment menu to its Wrap platform, designed to help financial advisers provide high-quality investment options to clients with simpler investment needs. Macquarie's multi-year effort to reset its platform ...

Former Macquarie adviser cops lifetime ban

ALLY SELBY  |  THURSDAY, 13 FEB 2020
A former Macquarie Group financial adviser has been permanently banned from the industry, following an ASIC investigation into the adviser's "dishonest" and "misleading" behaviour. ASIC has permanently banned Queensland-based adviser, Warren Scott ...

NAB further delays offloading MLC

ELIZABETH MCARTHUR  |  THURSDAY, 13 FEB 2020
National Australia Bank in its quarterly update flagged another delay to the separation of MLC Wealth. NAB said that due to a challenging business environment, the separation of MLC Wealth may be delayed beyond financial year 2020. "Work on operational ...

Perpetual awards mandate

KANIKA SOOD  |  WEDNESDAY, 12 FEB 2020
An American fund manager has scored Perpetual as its first Aussie institutional client with a credit mandate. Perpetual has mandated Thornburg Investment Management which is headquartered in Santa Fe, New Mexico and represented here by Melbourne-based ...

Custodial excellence recognised

HARRISON WORLEY  |  WEDNESDAY, 12 FEB 2020
The Australian Custodial Services Association celebrated excellence in custodial services yesterday, at the 2020 installment of its annual ACSA Awards during the Investment Operations Conference in Sydney. The association recognised HSBC regulatory ...

Super fund reveals ASX 100 equality laggards

ALLY SELBY  |  TUESDAY, 11 FEB 2020
After admitting its own gender pay gap has grown in the last 12 months, Future Super has ranked the S&P/ASX 100 from best to worst when it comes to gender equality in the workplace. The Gender Equality Report also recommended changes the Aussie businesses ...

Separate advice and product: AIOFP

ELIZABETH MCARTHUR  |  FRIDAY, 7 FEB 2020
The Association of Independently Owned Financial Professionals wants product failures and financial losses from those failures factored into the Compensation Scheme of Last Resort. The AIOFP said it agrees with the "general thrust" of the Compensation ...

Retirement income review must focus on women: KPMG

HARRISON WORLEY  |  WEDNESDAY, 5 FEB 2020
KPMG is calling for the imbalance between men and women's retirement outcomes to be redressed, pinning the blame on superannuation concessions. In its submission to the government's review of the retirement income system, KPMG highlights how the current ...

AMP cuts super fees

JAMIE WILLIAMSON  |  THURSDAY, 30 JAN 2020
AMP is reducing investment and administration fees across its suite of superannuation products, including removing the Stronger Super fee it introduced in 2013 to finance the implementation of the reforms. The fee cuts will be applied to MySuper, choice ...