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Showing 911 - 920 of 9372 results for "Fee"

Super performance test needs personal rate of return: Adviser

KARREN VERGARA  |  THURSDAY, 15 AUG 2024
... ultimately delivered better outcomes for members, it can improve in some areas such as clarifying the definition of TDPs, adjusting fee parameters, and assessing the benchmarks. "FSC research demonstrates that policy and regulation is too often designed ...

Cost cutting returns Bravura to profit

KARREN VERGARA  |  WEDNESDAY, 14 AUG 2024
... August, Fidelity International entered into an agreement to use and develop Bravura's Sonata software, paying a one-off licence fee of £29 million. Bravura currently provides wealth management technology and related services to Fidelity subsidiaries. ...

Misconduct cases soar at CBA

ELIZA BAVIN  |  WEDNESDAY, 14 AUG 2024
Commonwealth Bank of Australia (CBA) has revealed there were 2259 substantiated cases of misconduct for the year, up from 1122 the previous year. Of those, 18 were cases of sexual harassment or other sex-based harassment, two were a result of bullying ...

Monash Investors merges with DMX AM

ELIZA BAVIN  |  TUESDAY, 13 AUG 2024
Monash Investors has confirmed the completed merger with DMX Asset Management as of August 12. Following the merger, DMX AM portfolio manager Michael Haddad has been named co-portfolio manager with Monash Investors. "Michael hit the ground running ...

Vanguard, Betashares, iShares neck and neck in battle for inflows

ANDREW MCKEAN  |  MONDAY, 12 AUG 2024
Vanguard, Betashares, iShares, and VanEck have attracted most of the ETF inflows in Australia for 2024, with competition among these issuers fierce. Vanguard led with $4.07 billion in inflows, followed by local player Betashares with $3.98 billion ...

EQT wins RE mandate from Woodbridge

KARREN VERGARA  |  MONDAY, 12 AUG 2024
Equity Trustees (EQT) has taken over as Responsible Entity (RE) for the Woodbridge Private Credit Fund. EQT Responsible Entity Services replaced AGP Investment Management from August 1. The Woodbridge Private Credit Fund aims to provide a return of ...

Financial services experiencing 'workforce transformation'

ELIZA BAVIN  |  MONDAY, 12 AUG 2024
The financial services industry is undergoing a workforce transformation due to shifting demographics, according to a new whitepaper by Profusion Group. The whitepaper, Adapting to a Changing Workforce, said organisations are adapting to emerging leaders ...

ASIC intends to extend legislative instruments

MATTHEW WAI  |  FRIDAY, 9 AUG 2024
ASIC is set to extend three legislative instruments for five years, one of which relates to record keeping for financial advisers. The instruments are: Class Order [CO 14/923] Record-keeping obligations for Australian financial services licensees when ...

FAAA calls on advisers: 'We ask for your support'

ELIZA BAVIN  |  FRIDAY, 9 AUG 2024
Financial Advice Association Australia (FAAA) general manager policy, advocacy and standards Phil Anderson has outlined the industry's biggest gripes with the collapse of Dixon Advisory and how it has been handled. Anderson said he is angry about the ...

Family offices face more complex challenges: Ocorian

ANDREW MCKEAN  |  WEDNESDAY, 7 AUG 2024
Family offices are becoming more professional, but they face significant challenges, particularly with regulation and compliance, according to an international study by Ocorian. The research from Ocorian revealed that of the approximately 300 family ...