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Showing 921 - 930 of 1793 results for "EXCEPT"

ASIC totally unprepared for advice reforms: Tynan

ALEX BURKE  |  THURSDAY, 19 APR 2018
Connect Financial Service Brokers chief executive Paul Tynan believes if the Royal Commission has made anything clear, it's that ASIC is in the dark about how to police financial advice misconduct. Speaking to Financial Standard, Tynan said the key ...

RC findings bring shame on advice industry: social media

ALEX BURKE  |  TUESDAY, 17 APR 2018
Multiple social media commentators suggested the findings revealed in today's inquiry have brought shame on the financial advice industry. Today's inquiry focused largely on AMP and the 90-day exception rule which enabled the group to charge fees for ...

SMSF home bias drags returns

KARREN VERGARA  |  TUESDAY, 17 APR 2018
Self-managed super funds' home bias dragged returns for the sector in the 12 months to February, latest SuperGuard 360 research shows. According to the SG360 SMSF Reference Index, SMSFs generated a 5.5% return (before fees and tax) - well below the ...

AMP deliberately misled ASIC over ongoing fees

ALEX BURKE  |  TUESDAY, 17 APR 2018
Once again in the Royal Commission hot-seat, AMP advice head Anthony Regan conceded evidence suggests the business deliberately misled ASIC over ongoing fees-for-no-service policies on multiple occasions. Senior Counsel Assisting Michael Hodge singled ...

LGIAsuper appoints chief executive

KANIKA SOOD  |  MONDAY, 16 APR 2018
LGIAsuper has ended a five-month search for a chief executive, appointing a former McKinsey & Company implementation leader. Kate Farrar takes on the role at LGIAsuper having been at McKinsey & Company for nearly two years. Before that, she was a managing ...

Chief economist update: Inflation is heading Fed's way

BENJAMIN ONG  |  FRIDAY, 13 APR 2018
... markets would have been dissecting the minutes of the Fed's 20-21 March FOMC meeting. There really was nothing significant except for a sentence alluding to a more aggressive path towards normalisation. "A number of participants indicated that the stronger ...

Industry Super Australia chief executive resigns

ALEX BURKE  |  FRIDAY, 13 APR 2018
The chief executive of Industry Super Australia is resigning after 12 years to take on a new role at a global fund manager. David Whiteley is expected to take up a new global position at IFM Investors in September. Before ISA, he was a director at HESTA ...

Mercer expands responsible investment team

HARRISON WORLEY  |  THURSDAY, 12 APR 2018
The appointments all form part of Mercer's expanding global responsible investment team. Timothy Stamp, Max Messervy and Tomi Nummela are joining the firm and Stamp represents the Australian hire. Nummela will join the UK responsible investment team ...

DigitalX launches crypto-heavy fund

KANIKA SOOD  |  WEDNESDAY, 11 APR 2018
... existing Bitcoin and Ethereum asset base. The fund can hold more than 20% in cash. However, all individual investments except Bitcoin will have a 20% maximum limit. Davies will also run DigitalX's treasury operations. He was a Goldman Sachs associate ...

Chief economist update: No target sign on India's back

BENJAMIN ONG  |  MONDAY, 9 APR 2018
... Australia, Brazil, Canada, Mexico and South Korea - and the chills, they'll be multiplying. US Census Bureau data show that except for Argentina and Brazil, America imports more than it exports to these "sons of Trump" countries. China's exclusion from ...