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Showing 111 - 120 of 547 results for "Term Deposit"

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 ...

Macquarie to transfer legacy pension product

KANIKA SOOD  |  MONDAY, 10 AUG 2020
Macquarie will transition pension members in its legacy SuperOptions product to a wrap style pension product, in a bid to lower administration fees and expand the investment offering. Macquarie closed the SuperOptions product to new members in June ...

New global funds added to HUB24, Netwealth

ELIZA BAVIN  |  THURSDAY, 23 JUL 2020
Neuberger Berman has had two of its global strategy funds added to both HUB24 and Netwealth platforms. The Neuberger Berman Emerging Markets Equity Select Fund and Neuberger Berman Strategic Income Fund were launched in Australia 12 months ago, with ...

Industry fund lowers fees

KANIKA SOOD  |  FRIDAY, 17 JUL 2020
The industry fund for coal miners has lowered investment and administration fees on pension products effective July 1. Mine Super's account-based pensions lowered the investment fees on four premixed options: aggressive (0.45% to 0.37%), growth ...

Industry super accused of misleading consumers

ELIZABETH MCARTHUR  |  THURSDAY, 16 JUL 2020
... against Mayfair 101. Part of ASIC's case against Mayfair 101 is the allegation that it used Google Ad Words like "term deposit" to advertise debenture products with a vastly different risk profile than term deposits. "At a previous hearing in November ...

Crypto investment opportunities outright scams: ASIC

ALLY SELBY  |  THURSDAY, 25 JUN 2020
ASIC has reported an increase in investment scams during the COVID-19 pandemic, with most cryptocurrency "opportunities" in particular panning out to be outright scams. The corporate watchdog saw a 20% increase in scam reports from March to May this ...

ASIC warns funds to clean up adverts

KANIKA SOOD  |  TUESDAY, 16 JUN 2020
The Australian Securities and Investment Commissions has asked 13 managed funds to fix their advertising, and is threatening the wider sector with enforcement action for misleading claims. ASIC says it forced seven responsible entities and 13 funds ...

Clearstream rebrands Australian acquisition

ALLY SELBY  |  MONDAY, 1 JUN 2020
The $14 trillion post-trade securities service provider has rebranded an Australian managed funds business that it acquired in July last year. Sydney-based Ausmaq will be renamed Clearstream Australia from June 1, and will provide custody and administrative ...