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Showing 951 - 960 of 2384 results for "Finding"

Standard Life Assurance fined for hawking non-advised annuities

KARREN VERGARA  |  WEDNESDAY, 24 JUL 2019
Standard Life Assurance has been slapped with a £30.8 million ($54.9m) fine by the UK regulator for hawking non-advised annuities. The Financial Conduct Authority found SLA offered its call centre staff "significant bonuses and rewards" if they exceeded ...

Active, passive investing continues to confuse: Research

HARRISON WORLEY  |  WEDNESDAY, 24 JUL 2019
Active and passive management are still confusing investors, according to Natixis Investment Managers. Latest research from the global investment giant shows just over two thirds of surveyed investors across the globe understand the difference between ...

Portfolio manager caught out faking returns

KANIKA SOOD  |  FRIDAY, 19 JUL 2019
A portfolio manager artificially inflated a fund's returns and collected a large bonus on the back of it, the US corporate regulator alleged. New Jersey-based portfolio manager and trader Swapnil Rege was employed by a company referred to as Fund Adviser ...

Impact investing under threat

ELIZABETH MCARTHUR  |  TUESDAY, 16 JUL 2019
Advocates of impact investing are in fear for the future of the movement, issuing warnings about the dangers of impact-washing. A recent analysis of green themed funds around the globe found 85% make unsubstantiated and misleading impact-related claims ...

APRA sticks to rigid member outcomes deadline

KARREN VERGARA  |  FRIDAY, 12 JUL 2019
The prudential regulator has set high expectations for trustees to meet the inaugural annual outcomes assessment, which is less than six months away. While consultation for prudential standard Strategic Planning and Member Outcomes (SPS 515) is underway ...

ASIC slams consumer credit failures

HARRISON WORLEY  |  FRIDAY, 12 JUL 2019
ASIC's review of the sale of consumer credit insurance has lambasted the sector for consistently failing consumers in the design and sale of products. According to ASIC report 622, CCI products are being promoted and sold to customers unfairly, and ...

Remembering Ron Grima

JAMIE WILLIAMSON  |  WEDNESDAY, 10 JUL 2019
... MND Research Institute of Australia is Australia's most comprehensive motor neurone disease research program, aimed at finding an effective treatment for the incurable disease. You can make a donation to END MND via the MND Australia website.

LGIAsuper to stand on its own

HARRISON WORLEY  |  TUESDAY, 9 JUL 2019
... searching for confidence in the investment strategy responsible for their life savings. But while the fund is committed to finding the best value for its members, Farrar said mergers are off the table. "Investment philosophies and cultures have to align ...

PYSP communication divides opinion

KARREN VERGARA  |  TUESDAY, 9 JUL 2019
... poll. We sought to find out if trustees communicated the PYSP legislation in a clear, timely and effective manner after finding that superannuation fund contact centres are being bombarded with member queries. The survey divided respondents as 47% equally ...

Industry funds surge ahead in satisfaction

KANIKA SOOD  |  MONDAY, 8 JUL 2019
Industry funds have widened their lead over retail funds in how satisfied their members are with their fund's financial performance over the last 12 months, according to latest Roy Morgan research. In May last year, 62% of industry fund members said ...