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Showing 1201 - 1210 of 5658 results for "EARN"

Saxo Markets adds options to platform

ALLY SELBY  |  FRIDAY, 17 JUL 2020
... shares directly, Saxo said. They also provide potential yield enhancement, with clients able to elect to sell options to earn additional income over and above dividends, it said. They can also be beneficial in both bull and bear markets, Saxo said. "ETOs ...

Banks brace for major loan losses

ALLY SELBY  |  WEDNESDAY, 15 JUL 2020
Three of the United States' biggest banks have set aside approximately $40 billion (US$28 billion) to brace for COVID-19 related loan losses, as Wells Fargo posts its first quarterly loss since the Global Financial Crisis. Citigroup saw its net income ...

BT un-aligns group insurance, awards mandate

ELIZABETH MCARTHUR  |  WEDNESDAY, 8 JUL 2020
Westpac's BT super has awarded a group insurance mandate, switching members away from Westpac Life Insurance Services. AIA Australia has been appointed as the new group insurer, with the change coming into effect from 1 July 2020. The change will impact ...

REIT revises up portfolio value

KANIKA SOOD  |  MONDAY, 6 JUL 2020
Centuria Industrial REIT (CIP) has increased its portfolio value by 1.3% compared to the previous book value. The REIT, which only invests in industrial property, conducted external valuations for 30 of its 51 properties which are about half of the ...

Industry fund eyes KiwiSaver accounts

KANIKA SOOD  |  THURSDAY, 2 JUL 2020
A $3.4 billion industry superannuation fund has struck an exclusive partnership which it hopes will help it attract 3000 new members each year. First Super, which traditionally services the paper and timber industry but is public offer, will now be ...

SG Hiscock, Morgan Stanley launch global equity funds

ELIZA BAVIN  |  THURSDAY, 2 JUL 2020
Boutique fund manager SG Hiscock has partnered with Morgan Stanley to exclusively distribute their global equity funds in Australia. The SGH Partnership Program has been launched with the Morgan Stanley Global Quality fund (hedged and unhedged) and ...

COVID-19 stimulus continues

ELIZABETH MCARTHUR  |  THURSDAY, 2 JUL 2020
As the new financial year began, Treasurer Josh Frydenberg clarified the stimulus measures the government will use to assist Australians in the recovery from the COVID-19 pandemic. Tax relief for low and middle income earners came into effect from 1 ...

Super for women under scrutiny

ELIZABETH MCARTHUR  |  THURSDAY, 2 JUL 2020
A financial adviser has questioned whether superannuation needs to be tailored to women specifically, as female focussed funds - such as Verve and Fairvine - grow in popularity. Lusher Financial Services adviser Christine Lusher said she does not think ...

Vanguard launches SMSF functionality

ELIZABETH MCARTHUR  |  MONDAY, 29 JUN 2020
Vanguard has launched a self-managed super fund capability within its Personal Investor offering. Through Vanguard Personal Investor, SMSFs will be able to trade the top ASX shares by market capitalisation at $19.95 or 0.15% per trade (whichever amount ...

SG does wonders for households: Research

JAMIE WILLIAMSON  |  MONDAY, 29 JUN 2020
Australian households are $500 billion better off because of the compulsory superannuation system, according to new research. The latest report from the Association of Superannuation Funds of Australia (ASFA) estimates compulsory super has added $500 ...