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Showing 1251 - 1260 of 3673 results for "Maintain"

Zenith defends LICs/LITs

ALLY SELBY  |  FRIDAY, 12 JUN 2020
Zenith Investment Partners maintains that there is still merit in listed investment companies and trusts, despite volatile market conditions exacerbating their propensity to trade away from their underlying value. Zenith head of real assets and listed ...

Boutique appoints ESG lead

ELIZA BAVIN  |  THURSDAY, 11 JUN 2020
... has been responsible for establishing and executing our ESG strategy since 2011 and Emma will continue to develop and maintain our commitment to responsible investing." Rossler said Pringle will be focusing on the firm's ESG policies and its application ...

US GDP to contract 6.5%: Fed

ELIZA BAVIN  |  THURSDAY, 11 JUN 2020
... rates will remain near zero through 2022 and GDP will contract 6.5% as a result of COVID-19. The Fed also pledged to maintain at least the current pace of asset purchases, which is around US$80 billion per month. As part of a commitment "to using its ...

Chief economist update: Don't fight the Fed

BENJAMIN ONG  |  THURSDAY, 11 JUN 2020
Steady all the way... to 2022. As expected, the US Federal Reserve left the fed funds rate target at 0-0.25% at the conclusion of its 9-10 June FOMC meeting, repeated their commitment "to using its full range of tools to support the U.S. economy... ...

ATO warns against SMSF property development

ELIZA BAVIN  |  WEDNESDAY, 10 JUN 2020
The Australian Taxation Office has shared its concerns about a growing number of SMSFs purchasing and investing in the development of real property. The ATO said it strongly encourages SMSF trustees who may be considering property development to seek ...

ASIC mainly concerned with media releases: Lawyer

ELIZABETH MCARTHUR  |  TUESDAY, 9 JUN 2020
... Revenue streams were protected. Planners were the 'pawns', the 'sacrificial lambs' in product providers' pursuits to maintain and protect their revenue streams." It is Yazbeck's opinion that financial advisers were saddled with a regulatory burden that ...

CBA coughs up $5m over RC case study

ALLY SELBY  |  TUESDAY, 9 JUN 2020
ASIC has trumped the Commonwealth Bank for failures in its AgriAdvantage Plus Package, with the Federal Court of Australia ordering the bank to cough up a $5 million penalty. On Friday, the Court found that the bank had breached the ASIC Act and Corporations ...

Sustainable dividend stocks offer yield opportunities: Report

ELIZA BAVIN  |  FRIDAY, 5 JUN 2020
Sustainable dividend stocks may offer equity exposure and yield with some insulation from price fluctuations, according to QS Investors. In its latest investment insight note, QS Investors, a Legg Mason affiliate, said it is critical to consider valuations ...

Dealer groups slam FPA policy

ELIZABETH MCARTHUR  |  THURSDAY, 4 JUN 2020
... a separate body (distinguished from the ASIC Financial Adviser Register) which monitors their compliance while AFSLs maintain oversight of product. Fortnum managing director Neil Younger, Centrepoint chief executive Angus Benbow, Easton Wealth chief ...

Raiz Super bleeds red

ALLY SELBY  |  WEDNESDAY, 3 JUN 2020
Raiz Invest's super offering lost a further $2 million during the month of May, with Australians taking advantage of the government's early release scheme to preemptively access their retirement savings. Over the last three months, funds under management ...