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Showing 9341 - 9350 of 29084 results for "PRI"

Advice affordability a growing concern

HARRISON WORLEY  |  FRIDAY, 28 JUN 2019
Latest research from Investment Trends shows financial advisers are becoming increasingly concerned with how to provide affordable advice. Investment Trends' 2019 Planner Technology Report revealed more advisers are struggling to provide affordable ...

Industry funds up premiums

KARREN VERGARA  |  FRIDAY, 28 JUN 2019
Members of two industry superannuation funds will be paying higher group insurance premiums from next week as the Protecting Your Super changes kick into gear. GuildSuper and Childcare Super, which are part of the $1.7 billion Guild Retirement Fund ...

UK fund manager appoints local lead

HARRISON WORLEY  |  THURSDAY, 27 JUN 2019
A $5.3 billion renewable infrastructure manager named a lead for its Australian office as it looks to launch a suite of local products. Foresight Group appointed Kim Nguyen as head of Australia, to lead the asset manager's expansion in the local ...

Pension giant awards $1bn in mandates

JAMIE WILLIAMSON  |  THURSDAY, 27 JUN 2019
A $323 billion pension fund has awarded three separate mandates to boost its sustainable investment strategies. The California State Teachers' Retirement System selected three new global equity managers to collectively manage more than $1 billion across ...

MySuper eyes SMSF stronghold

KARREN VERGARA  |  THURSDAY, 27 JUN 2019
MySuper could soon surpass self-managed super funds as the preferred retirement savings vehicle for Australians, a new Rainmaker report shows. Using the latest APRA data, Rainmaker's MySuper Report found the MySuper asset pool hit $713 billion at ...

ASIC product intervention to commence

JAMIE WILLIAMSON  |  THURSDAY, 27 JUN 2019
ASIC has initiated consultation on new powers allowing it to intervene where it feels financial products have caused or are likely to cause consumer detriment. Under new product intervention powers, ASIC will be able to take action against financial ...

Pendal appoints machine learning expert

ELIZABETH MCARTHUR  |  THURSDAY, 27 JUN 2019
Pendal is welcoming a machine learning quantitative analyst to its bond, income and defensive strategies boutique. Itay Feldman has been recruited by Pendal - initially on a one year contract - with the goal of integrating machine learning into the ...

FASEA approves association designations

ELIZABETH MCARTHUR  |  THURSDAY, 27 JUN 2019
Financial advisers who have completed a designation with the Association of Financial Advisers or the SMSF Association will have their efforts recognised by the Financial Adviser Standards and Ethics Authority. The Financial Adviser Standards and Ethics ...

Chief economist update: Expect an RBNZ rate cut

BENJAMIN ONG  |  THURSDAY, 27 JUN 2019
The Reserve Bank of New Zealand (RBNZ) did as it was expected - it kept the official cash rate unchanged at a record low 1.5% at the conclusion of its June 26 meeting. Understandably, another interest rate reduction only a month after it handed out ...

Excellence in managed accounts recognised

HARRISON WORLEY  |  WEDNESDAY, 26 JUN 2019
The Institute of Managed Account Professionals (IMAP) celebrated excellence in managed accounts at the IMAP Managed Account Awards in Sydney last night. Seven organisations were highlighted for their commitment to the sector, across various categories ...