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Search ResultsShowing 1 - 10 of 100+ results for "Deem"
Advisers should service cashed-up investors: FCA
KARREN VERGARA  |  FRIDAY, 4 DEC 2020
A comprehensive study of the UK's retail financial advice industry found that while it is slowly improving, a large gap exists to service consumers sitting on piles of cash. One of the key takeaways from The Financial Advice Market Review , conducted ...
Best super, pension fund revealed
JAMIE WILLIAMSON  |  THURSDAY, 3 DEC 2020
The best superannuation and pension funds have been named in the annual Money magazine Best of the Best Awards. In determining the awards, Rainmaker Information reviewed MySuper products, and asset classes that include growth, balanced, moderate (capital ...
Pension plan sued for expensive, active strategy
KARREN VERGARA  |  WEDNESDAY, 2 DEC 2020
US-based Fidelity Investments has been caught up in a class action that alleges a major pension plan exposed members to risky, expensive actively-managed investments instead of allocating to safer passive options. The complaint, filed against Coca-Cola ...
Your Future, Your Super reforms closer to legislation
KARREN VERGARA  |  FRIDAY, 27 NOV 2020
The federal government has released its draft legislation for the Your Future, Your Super reforms , opening the industry consultation period until December 24. The package of reforms, which was unveiled in the 2020-21 budget, has four main components ...
T. Rowe Price launches entity, restructures
KARREN VERGARA  |  TUESDAY, 24 NOV 2020
T. Rowe Price will establish a separate US-based entity and platform that will house several of its strategies, promoting a veteran to lead the venture and a new team. Stephon Jackson, currently associate head of US equity, will become head of the new ...
Retail superannuation funds grilled on member priorities
KARREN VERGARA  |  TUESDAY, 24 NOV 2020
A parliamentary inquiry has again cast doubt over retail superannuation funds' ability to put the best financial interests of members ahead of profit and shareholders. The most recent Standing Committee on Economics into super heard instances of ...
Retail super fund scores best customer service nod
KARREN VERGARA  |  FRIDAY, 16 OCT 2020
A retail superannuation fund has taken the top spot in a comprehensive member satisfaction and experience survey, bumping off AustralianSuper from the top. Colonial First State has regained the top spot in the Forrester Research's 2020 Australia ...
APRA rolls out new assessment model
ANNABELLE DICKSON  |  WEDNESDAY, 7 OCT 2020
The Australian Prudential Regulation Authority (APRA) has replaced its 18-year-old risk assessment model with a system that will better guide the intensity of the regulator's supervision. In a letter to banks, insurers and superannuation licensees ...
ASIC extends advice, capital raising provisions
ANNABELLE DICKSON  |  THURSDAY, 24 SEP 2020
ASIC has extended the relief to financial advice that relates to the early release of superannuation scheme as well as certain capital raisings due to the uncertainty of the pandemic. The corporate regulator has extended the capped advice fees regarding ...
Westpac hires consumer chief executive
ANNABELLE DICKSON  |  TUESDAY, 22 SEP 2020
... consumer banking division. Chris de Bruin has over 24 years' experience in financial services and joins from Dubai-based fintech Deem where he has been chief executive for over two years. Prior to that he was president of Canadian fintech Zafin where ...
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