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Showing 971 - 980 of 3268 results for "Choi"

APRA endorses review recommendations

KARREN VERGARA  |  WEDNESDAY, 17 JUL 2019
APRA said it welcomes the Capability Review's "ambitious agenda" that aims to shakeup its culture and enforcement powers. Of the 24 recommendations from the Graeme Samuels-led Capability Review, APRA is endorsing the 19 recommendations dedicated ...

Subscription advice brings in US $1 billion

ELIZABETH MCARTHUR  |  WEDNESDAY, 17 JUL 2019
Since introducing subscription-based pricing at the end of March, Charles Schwab's Intelligent Portfolios Premium has added US $1 billion in new assets under management. In a statement, Charles Schwab said it sees these early results as proof the move ...

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 ...

Super funds hard to engage with: Research

ELIZABETH MCARTHUR  |  THURSDAY, 11 JUL 2019
... super-related activities were also those perceived as the most difficult to conduct," Investment Trends senior analyst King Loong Choi said. "Given members' significant appetite for advice and education, super funds must improve their access to the services ...

Open banking reforms a boon for fintech

ELIZABETH MCARTHUR  |  THURSDAY, 4 JUL 2019
With the new open banking regime now in effect, fintechs are set to reap the rewards of data sharing. As of July 1, the big banks are now required to share generic product data as part of the government's phased timeline for the introduction of open ...

Suncorp named Bank of the Year

ELIZABETH MCARTHUR  |  THURSDAY, 4 JUL 2019
Suncorp was named Bank of the Year at last night's Money Consumer Finance Awards. The 15th annual Money magazine Consumer Finance Awards were held in Sydney last night, recognising the best in banking and insurance. The awards aim to help Australians ...

Xplore Wealth launches new solution

HARRISON WORLEY  |  WEDNESDAY, 3 JUL 2019
In its first major move since rebranding, Xplore Wealth launched a new wrap platform. The first major product initiative since shedding its managedaccounts.com.au branding earlier this year, Xplore Wrap is Xplore Wealth's new platform offering to advisers ...

Reforms see super fees in flux

HARRISON WORLEY  |  MONDAY, 1 JUL 2019
The PYS package, effective today, has forced the sector to consider changes to fee structures and group insurance premiums. With the package set to cap the amount of fees that can be charged to low-balance members and divert low-balance accounts deemed ...

Advice affordability a growing concern

HARRISON WORLEY  |  FRIDAY, 28 JUN 2019
Latest research from Investment Trends shows financial advisers are becoming increasingly concerned with how to provide affordable advice. Investment Trends' 2019 Planner Technology Report revealed more advisers are struggling to provide affordable ...

ASIC product intervention to commence

JAMIE WILLIAMSON  |  THURSDAY, 27 JUN 2019
ASIC has initiated consultation on new powers allowing it to intervene where it feels financial products have caused or are likely to cause consumer detriment. Under new product intervention powers, ASIC will be able to take action against financial ...