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| | | ... has meant we have had to restructure our retail distribution team to ensure we can continue to support our advisers and maintain our exceptional service levels to them," Allan Gray chief operating officer JD De Lange said. "These changes will likely ... |
| | | | Australia's banks have been hit hard by the COVID-19 pandemic, with cash earnings down more than 40% compared to the same time last year. According to EY analysis of Australia's big four banks' half year results, combined cash earnings were ... |
| | | | ... KPIs. But there's also, unsurprisingly, the issue of communication and how you keep teams focussed and motivated, and maintain connection without it becoming overbearing." In line with that, Tullio said a major challenge flagged by FEW members has been ... |
| | | | While backed by major industry associations and advocacy bodies, those that actually provide financial advice fear new temporary relief measures offered by ASIC may push Australians towards conflicted advice. On April 14 ASIC announced a raft of measures ... |
| | | | ANZ has announced a 51% reduction in profits for 1H20 compared to last year as it defers its interim dividend awaiting greater clarity of the impact COVID-19 will have. The big bank's half-year results show a statutory profit after tax of $1.55 ... |
| | | | ... digital rather than face-to-face," the fund said. In fact, the fund revealed it has recruited more frontline staff to maintain its services to members, and said the staff deployed to explore the merger are part of a "dedicated project team". "Work on ... |
| | | | ... measures will not avoid one all together, they argue. "They are not 'stimulus' measures, but measures that will merely maintain (some of) the status quo," Morley and Holden said. "Even with them, it is entirely reasonable to expect the unemployment rate ... |
| | | | ... difficult. In fixed interest sectors, such as corporate bonds and high-yield bonds, the market leaders had to take on risk to maintain buy-sell spreads as prices gapped, pushing spreads wider. "Whenever spreads widen, it's because of the difficulty of ... |
| | | | With market volatility impacting the investment platform's funds under management, Raiz has taken "decisive steps" to cut $1.2 million in costs. It comes as the platform reveals its superannuation product grew by 75.2% to $66.25 million compared ... |
| | | | Advisers using BT's flagship platform now have access to a suite of State Street ETF model portfolios, as the popularity of managed accounts continues to climb. All State Street risk-based ETF model portfolios are now accessible through BT Panorama ... |
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