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Showing 1171 - 1180 of 8321 results for "Retail"

Labor pledges calm in superannuation

KARREN VERGARA  |  WEDNESDAY, 15 DEC 2021
... exposed by the Hayne Royal Commission, Jones said it would be naive to think that this only exists with advisers attached to retail funds. Hume agreed, saying: "Stephen and I are well aligned on financial advisers. This should be a very highly independent ...

Foreign investment in Australian commercial property hits record high

CHLOE WALKER  |  WEDNESDAY, 15 DEC 2021
... reveals foreign investment in Australian commercial property has reached a new annual record, with $16.6 billion in office, retail, industrial and hotel assets having changed hands year to date. The analysis shows that North American investors have led ...

Blackstone buys GIC's stake in logistics trust for $2.1bn

CHLOE WALKER  |  MONDAY, 13 DEC 2021
... DALT through its core plus real estate business, which focuses on logistics, residential, office, life science office and retail assets in global gateway cities. Dexus will own the rest of the joint venture. About 90% of DALT's portfolio is exposed ...

New appointments to FSC board

CHLOE WALKER  |  FRIDAY, 10 DEC 2021
... on the FSC board, and we look forward to working with them." The FSC has over 100 members representing Australia's retail and wholesale funds management businesses, superannuation funds, life insurers, financial advisory networks and licensed trustee ...

One in three crypto owners to switch banks

ELIZABETH MCARTHUR  |  FRIDAY, 10 DEC 2021
A survey of Australian cryptocurrency owners, conducted by Visa, has revealed one in three plan to switch banks to one that offers crypto products. The survey of more than 790 financial decision makers across Australia found 33% of crypto owners are ...

Frydenberg pledges to move on crypto regulation

CHLOE WALKER  |  THURSDAY, 9 DEC 2021
... remainder by the end of 2022. Frydenberg announced that the government will commence consultation on the feasibility of a retail Central Bank Digital Currency in Australia, with advice to be provided by the end of 2022. The Board of Taxation will also ...

ESSSuper chief executive joins MLC Life

JAMIE WILLIAMSON  |  THURSDAY, 9 DEC 2021
... review, the group insurance function will become a separate, standalone business reporting to chief executive Rodney Cook. Retail insurance will remain in the life insurance division, led by chief life insurance officer Michael Rogers. Puli will replace ...

Half of all super products cut fees: Data

JAMIE WILLIAMSON  |  THURSDAY, 9 DEC 2021
... default MySuper product now charges 1.08%, down from 1.13% the previous year. The total expense ratio for not-for-profit and retail funds is now 1.07% and 1.08%, respectively. There is also no difference in the total fee ratio for single strategy and ...

Partners Wealth Group launches Partners Private

ELIZABETH MCARTHUR  |  TUESDAY, 7 DEC 2021
... Private clients will receive access to exclusive wholesale investment opportunities which are not traditionally available for retail clients, complementing and enhancing their investment experience. Our observation is that individual investors deserve ...

Magellan chief executive resigns

ELIZABETH MCARTHUR  |  TUESDAY, 7 DEC 2021
... recently, from a high of $55.76 in July to $29.85 as of today. In its October results, Magellan reported net outflows in its retail and institutional funds under management. The global equities strategy saw a $4 billion drop in FUM last quarter, to $84 ...