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Showing 9361 - 9370 of 28277 results for "NOT"

Shock win leaves investors worse off

HARRISON WORLEY  |  MONDAY, 3 JUN 2019
... action or advised clients along these lines are now learning a tough lesson that a press release during an election campaign is not the same as legislation," he says. Financial advisers agree, with many steadfast against making changes to portfolios. ...

Court throws out Aurora fund takeover bid

KANIKA SOOD  |  FRIDAY, 31 MAY 2019
... with Primary Securities. The January 15 vote was successful according to Primary, but Aurora refused to recognise it, saying not all unitholders were given enough notice. Yesterday afternoon, Supreme Court of New South Wales declared the January 15 meeting ...

Consolidation hits super fund administrators

KARREN VERGARA  |  FRIDAY, 31 MAY 2019
... fund (ERF) to facilitate early consolidation, but the "principal impact" of the legislation will be felt in FY20. Link did not disclose how much its earnings will be directly affected by the reforms, but forecasted that its full-year operating NPAT will ...

Super fund increases premiums

KARREN VERGARA  |  FRIDAY, 31 MAY 2019
... Members that have fixed death and TPD cover will also see their premiums go up, but the cost of income protection cover will not change. REI wrote to members that it was prompted to review its insurance arrangements with MetLife due to the new PYSP laws. ...

FPA moves to improve adviser mental health

ELIZABETH MCARTHUR  |  FRIDAY, 31 MAY 2019
... extraordinary change as a profession. Higher education standards are forcing many of us to go back to the books and study, which is not easy when you're running a business, a family, and volunteering in your community, like so many of our members do," ...

Advice dealer group shutters

HARRISON WORLEY  |  FRIDAY, 31 MAY 2019
More than 30 financial advisers are left without a home as Spectrum Wealth Advisers shuts up shop. Freedom Insurance Group has today revealed Spectrum will close earlier than originally intended as it can no longer meet a "key person" requirement of ...

Chief economist update: ECB exit proves premature

BENJAMIN ONG  |  FRIDAY, 31 MAY 2019
... 0.25%; deposit facility at -0.40%. Although, given the mounting risks of a further slowdown in growth and inflation, it's not hard to imagine the ECB changing its forward guidance that rates will remain untouched "at least through the end of 2019" ...

Legg Mason launches new fund

ELIZABETH MCARTHUR  |  FRIDAY, 31 MAY 2019
... this regard," Sowerby said. "Second, a strict filter is applied across the investment universe to remove companies that do not meet certain ethical criteria." The exclusion list encompasses several sectors including tobacco, gambling, alcohol, defence ...

Advisers wary of unlisted assets: Sunsuper

ELIZABETH MCARTHUR  |  THURSDAY, 30 MAY 2019
... to grow. How much more debt can you ram down people's throats?" Parker said that while the global and local economy might not be in danger of imminent recession, he is observing signs of the later stages of economic growth and argued that in this environment ...

Melbourne advisory launches MDA

HARRISON WORLEY  |  THURSDAY, 30 MAY 2019
... rebates funds passed on to them in full. "Strategic Wealth has chosen to be solely remunerated through advice fees - we do not share in the MDA revenue. All up, we think, this is an outstanding offer for clients." Philo chief executive Brett Sanders ...