The latest issue of Financial Standard now available as an e-newspaper
|Showing 1 - 10 of 100+ results for "Deem"|
|Daintree Capital has launched Australia's first bank hybrid fund in a single unit structure just months after delisting a cash ETF. The Daintree Hybrid Opportunities Fund invests in a diversified global portfolio of between 25 to 125 hybrid bank securities. ...|
|ASIC is urging financial advisers to be well prepared for the new Design and Distribution Obligations regime, warning that there should be no surprises when it kicks into gear on October 5. The corporate regulator said it will take a "reasonable approach" ...|
|Frontier is concerned the APRA performance test does not adequately assess acceptable performance, given several of the funds that were failed actually perform better than others that passed. The asset consultant, which advises on $490 billion, said ...|
|Funds will have to shift the way they communicate risk to members and rethink portfolios as the outlook for defensive assets changes in the coming years. That was the consensus from a panel at the Australian Institute of Superannuation Trustees (AIST) ...|
|Super Consumers Australia has slammed super funds' member outcomes assessments (MOAs), finding several funds claiming to be acting in members' best interests even when fees are high and performance is lacklustre. Super Consumers Australia looked ...|
|The corporate regulator has banned a Gold Coast-based adviser for five years and cancelled the group's AFS licence over misconduct. Adam Bevan was an authorised representative and sole director of Trade Wind Financial Services. ASIC banned Bevan after ...|
|Northern Trust Asset Management (NTAM) has launched an actively managed strategy that focuses on high-quality, low-volatility stocks while maintaining a lower carbon footprint. The Quality Low Volatility Low Carbon World (QLV Low Carbon) Strategy is ...|
|Morningstar is launching a new tool that provides increased transparency and disclosure on fees across its investments and superannuation products, well above what RG97 requires. The Morningstar Total Cost Ratio (TCR), which will be rolled out on August ...|
|Trading platform Robinhood has been slapped with a US$70 million fine, deemed to be the largest financial penalty handed down by the Financial Industry Regulatory Authority (FINRA). FINRA, which regulates brokerages and exchanges, said millions of Robinhood ...|
|Another former Meritum Financial Group and InterPrac Financial Planning adviser has copped a ban from the corporate regulator. From 1 April 2021, ASIC banned Hobart-based Hannah Jennings from providing financial services for four years for failing to ...|
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MFS Investment Management is searching for a new head of retail sales for its local business, as the incumbent heads to London for a new role.
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A former Regal Funds Management portfolio manager has been banned for five years after he manipulated the share price of Clearview Wealth.
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With more research identifying the pressure put on employees by the pandemic and lockdowns, wealth technology firm Class is offering employees extra days off.
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Prudential regulator APRA plans to go ahead with mandating independent certifications within group insurance as recommended by the financial services Royal Commission.
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