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Showing 1321 - 1330 of 9694 results for "Lowe"

Buy-sell spreads higher for active and diversified ETFs: Rainmaker

KANIKA SOOD  |  MONDAY, 30 AUG 2021
Active ETFs and diversified ETFs have the highest buy-sell spreads among ASX-listed ETFs, according to Rainmaker analysis. Across the ASX-listed ETFs, the median buy-sell spread is 17 bps. However, the actual spread varies vastly by types of ETFs. The ...

Mainstream revenue up 18%

KANIKA SOOD  |  FRIDAY, 27 AUG 2021
ASX-listed Mainstream reported $65.6 million in revenue for FY21, up 18% from the previous financial year. The firm said all revenue growth was organic and driven by demand in Australia, Asia and the United States. Operating EBITDA rose 27% to $20.4 ...

NAB fined $18.5m over misleading fee disclosure

JAMIE WILLIAMSON  |  THURSDAY, 26 AUG 2021
The big four bank has been ordered by the Federal Court to pay $18.5 million for misleading fee disclosure statements in relation to personal financial advice, in what is the first penalty imposed by the court for such failures. The court found NAB ...

The next 20 years in Aussie ETFs

KANIKA SOOD  |  THURSDAY, 26 AUG 2021
State Street's head of the asset manager segment in Asia Pacific Neil Macdonald says active ETFs, thematic products and ESG will dominate the ETF industry in the years to come. Macdonald joined State Street earlier this year from KPMG, and now works ...

NGS, ACSRF shelve merger plans

KANIKA SOOD  |  WEDNESDAY, 25 AUG 2021
After 12 months of discussions, Sydney's Australian Catholic Superannuation and NGS Super have shelved their plans to merge and create a $21.5 billion fund. The two signed a Memorandum of Understanding in August 2020, after years of informal discussions ...

ASIC settlement hits E&P profits

KANIKA SOOD  |  TUESDAY, 24 AUG 2021
E&P Financial Group posted a statutory loss of $18.8 million for FY21, as its ASIC settlement hit both profits and the final dividend for the year. The company's net revenue for the year was $187.9 million (2% lower than FY20) driven by lower contribution ...

Actuaries Institute releases retirement policy review

KANIKA SOOD  |  MONDAY, 23 AUG 2021
Over 200 actuaries provided feedback for a new policy paper from the Actuaries Institute which is recommending a superannuation guarantee rate of 10-12%, earlier access to retirement savings and disincentives for pension lump sums and bequests. Securing ...

Economic recap: Week to August 20

BENJAMIN ONG  |  MONDAY, 23 AUG 2021
The continued spread of the Delta variant in most parts of the world - even in New Zealand despite being locked down after only one case - and reduced vaccine efficacy - as demonstrated by the rise in infections in Israel (one of the very first country ...

KiwiSaver, NZ Super Fund architect remembered

JAMIE WILLIAMSON  |  FRIDAY, 20 AUG 2021
The man credited with spearheading the creation of KiwiSaver and the NZ Super Fund, Sir Michael Cullen, is being remembered as one of New Zealand's most influential politicians. The New Zealand government announced today the passing of Sir Michael Cullen ...

SelfWealth reports 135% revenue increase

ELIZABETH MCARTHUR  |  FRIDAY, 20 AUG 2021
In its full year results, trading platform SelfWealth reported revenue increased 135% driven by a 105% increase in active traders on the platform. The company also reported operating cash flow of $1.1 million, up from negative cash flow of $147,000 ...