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Showing 9681 - 9690 of 28277 results for "NOT"

Rejuvenated APRA asserts authority

KARREN VERGARA  |  THURSDAY, 14 MAR 2019
... very few places to hide. By way of example, there are three out of 28 outlier funds APRA identified 18 months ago that have not responded adequately. Rowell said APRA won't disclose the names of the outliers "for now" but hinted it may do so in the ...

NFP super funds rise to occasion post-Royal Commission

KARREN VERGARA  |  THURSDAY, 14 MAR 2019
While industry funds emerged largely unscathed from the Hayne Royal Commission, it is more critical than ever for not-for-profit funds to be exemplary in terms of practices and performance. This was a key message at this year's Conference of Major Super ...

Commonwealth Bank delays wealth demerger

JAMIE WILLIAMSON  |  THURSDAY, 14 MAR 2019
Commonwealth Bank is delaying its demerger plans for its wealth management and mortgage broking businesses. Announced today, the group said it is prioritising the implementation of the Royal Commission's recommendations, refunding customers and ...

Statewide Super confirms merger talks

JAMIE WILLIAMSON  |  WEDNESDAY, 13 MAR 2019
... Statewide, WA Super and Tasplan members. "A Memorandum of Understanding exists to explore the possibility of a merger and is not a Heads of Agreement to merge," the spokesperson said. According to Rainmaker data, a merger would create a $24 billion super ...

Smaller platforms continue to excel

HARRISON WORLEY  |  WEDNESDAY, 13 MAR 2019
Smaller platform players continue to make gains against their institutional competitors, according to Investment Trends' latest report. Netwealth and HUB24 were top of the platform pile in 2018 according to the firm's annual benchmarking and ...

Jamieson Coote Bonds introduces global fund

DARREN SNYDER  |  WEDNESDAY, 13 MAR 2019
... another 18 to 24 months." In this time delinquency rates picked up and this process has started again in the US. It's not unsurprising given that risk free rates have risen globally, Jamieson added. And all this is on "twice as much debt as we had ...

Mortgage broker trail commissions to stay

KANIKA SOOD  |  WEDNESDAY, 13 MAR 2019
... loans as the first step in revamping the remuneration for the profession over a two to three year timeline. "The borrower, not the lender, should pay the mortgage broker a fee for acting in connection with home lending," Commissioner Kenneth Hayne recommended. ...

Couples need to talk money

HARRISON WORLEY  |  WEDNESDAY, 13 MAR 2019
... considering - separation. According to the report, couples who rarely speak about their finances are more likely to report not being in a financially healthy position. Westpac financial expert Kate Holloway said Australians need to have more open conversations ...

Advisers to return US$125m in fees

KANIKA SOOD  |  TUESDAY, 12 MAR 2019
... deducted recurring fees from the fund's assets, when a lower-cost share class was available. These recurring fees were not adequately disclosed to clients. They went to investment advisers in their capacity as brokers, to their broker-dealer affiliates ...

New NAB chair seeks to ease shareholders

JAMIE WILLIAMSON  |  TUESDAY, 12 MAR 2019
... letter to NAB shareholders, Philip Chronican said the bank's board "heard loud and clear" that 2018 remuneration outcomes did not meet shareholder or community expectations. "We are changing our framework to ensure it provides the right balance of financial ...