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Showing 961 - 970 of 2383 results for "Finding"

Scaled advice tools on the rise

ELIZABETH MCARTHUR  |  THURSDAY, 4 JUL 2019
... Close to 50% of financial advice firms plan to adopt scaled advice technology within the next two years. This is a key finding of the latest AdviceTech report from Netwealth, examining 330 advice firms. According to the report, 47.3% of the firms examined ...

State Street cops $125m penalty

JAMIE WILLIAMSON  |  WEDNESDAY, 3 JUL 2019
State Street has paid more than $125 million to settle charges for adding undisclosed markups on expenses related to the custody of client assets. In a settlement, State Street Bank and Trust Company has paid $125 million (USD88 million) after the Securities ...

Responsible investments outperform mainstream

ELIZABETH MCARTHUR  |  WEDNESDAY, 3 JUL 2019
The latest Benchmark Report by the Responsible Investment Association of Australasia (RIAA) shows responsible investment funds outperform most mainstream funds. Using KPMG data, the report shows responsible funds on average deliver higher returns across ...

Australians rapidly gaining wealth: Roy Morgan

ELIZABETH MCARTHUR  |  WEDNESDAY, 3 JUL 2019
The value of assets held by Australians has almost doubled from 2007 to 2019, up 96%. During the same period, debt held by Australians increased by just 78.6% resulting in net wealth now being 98.7% higher in 2019 than it was in 2007. These are the ...

Financial scams smash Australia

HARRISON WORLEY  |  TUESDAY, 2 JUL 2019
... information. KPMG global fraud lead and partner of the firm's Australian office Natalie Faulkner said creative fraudsters were finding new ways to fleece institutions and their customers, but noted Australia was copping significantly more attempts than ...

Modern slavery rife across sectors: Fund manager

KARREN VERGARA  |  MONDAY, 1 JUL 2019
... which could build a portfolio of expensive stocks. Instead, it deploys an "ESG momentum" strategy. "It makes more sense finding alpha in companies trying to improve their ESG strategies [and as a result that could] lead to premium valuations," he said. ...

Wealth management investigations spike

KANIKA SOOD  |  FRIDAY, 21 JUN 2019
... practices and culture." "And we are already providing important feedback to chief executives and boards on concerns we are finding in their management, reporting and control systems."

Former Futuro adviser charged with theft

ELIZABETH MCARTHUR  |  TUESDAY, 11 JUN 2019
... interest and financial needs at the expense of the estate and beneficiaries. ASIC also found Smith's conduct to be dishonest, finding he made false statements about what happened to the estate's funds. According to Smith's LinkedIn account, he has been ...

Advisers losing female clients

ELIZABETH MCARTHUR  |  THURSDAY, 6 JUN 2019
... husband died while swimming the Busselton Ironman five years ago, as she and their children watched on the beach. Instead of finding compassion after the tragedy, Powell was forced to re-live the experience as she battled insurance companies, lawyers ...

Industry wide pay cut for boards

ELIZABETH MCARTHUR  |  TUESDAY, 4 JUN 2019
The Governance Institute released results of its Australian Board Remuneration Survey, finding remuneration is up for board chairs and directors across the country - except in the finance and insurance sectors. Board members in finance and insurance ...