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Showing 101 - 110 of 544 results for "Term deposit"

SMSFs dump $30bn in shares

ANNABELLE DICKSON  |  FRIDAY, 11 DEC 2020
Self-managed superannuation funds have not been spared by the market impact of COVID-19, with members dumping their allocation to listed shares over the past year, new data shows. The Australian Taxation Office quarterly statistical report for September ...

Regulator continues crackdown on product adverts

ELIZA BAVIN  |  MONDAY, 23 NOV 2020
... received a misconduct report from a member of the public raising concerns that the fund was being falsely promoted as a term deposit in a series of radio advertisements airing between June and August 2020. In September, ASIC reviewed and subsequently ...

Off-platform assets consume advisers' time

KARREN VERGARA  |  MONDAY, 9 NOV 2020
Off-platform assets are increasingly taking up more of financial advisers' time as many express frustration with the lack of solutions available that can house all of their clients' assets. According to joint research by Praemium and Investment Trends ...

Aberdeen drops fees on fixed income fund

KANIKA SOOD  |  TUESDAY, 3 NOV 2020
Aberdeen Standard Investments has dropped the fees on its $180 million Australian fixed income fund. Effective November 1, the fund will go from charging 51 bps per year in management fees to 45 bps. "It is to ensure that we remain competitive. We recognise ...

BT cuts Wealth Connect

ALLY SELBY  |  FRIDAY, 16 OCT 2020
BT has proposed changes to its Wealth Connect business which could see at least 38 roles become redundant, as Westpac continues to review its wealth platform, superannuation, investments and insurance businesses. BT's Wealth Connect team provides ...

Super fund expands investment exclusions

ELIZA BAVIN  |  FRIDAY, 4 SEP 2020
A $52 billion super fund has updated its product disclosure statements to exclude investment in any company that provides services to detention centres. HESTA said the change is part of its responsible investment approach and will come into effect 1 ...

Dividends ripe for the picking

ANNABELLE DICKSON  |  TUESDAY, 1 SEP 2020
Australian equities are set to continue to provide dividend income for retirees more so than safe haven assets, according to a retirement income specialist. Plato Investment Management managing director Don Hamson said despite the hearsay that dividends ...

Cashwerkz to launch funds incubator

ALLY SELBY  |  TUESDAY, 25 AUG 2020
... the revenue capability of Cashwerkz given the additional margins bonds and fixed income products have over cash and term deposit margins," it said. It comes following a capital raise in May 2020, which aimed to add a new product to Cashwerkz' stable ...

Advisers bolt to cash, gold

ANNABELLE DICKSON  |  FRIDAY, 14 AUG 2020
Advisers seeking to de-risk portfolios have sparked mass inflows to defensive assets and an almost equal amount in outflows of riskier assets, namely Australian equities. The BetaShares Australian High Interest Cash ETF (AAA) and ETF Securities Physical ...

HESTA consolidates investment options

JAMIE WILLIAMSON  |  WEDNESDAY, 12 AUG 2020
... the risk profile renamed to 'aggressive' from 'very ambitious'. Elsewhere, its Cash option will now comprise 50% term deposit assets and be renamed to Cash and Term Deposits. There will be no changes to the fees charged on this option, but the risk profile ...