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Showing 1331 - 1340 of 5158 results for "Rest"

Give the people advisers: Retirement Income Review

ELIZABETH MCARTHUR  |  FRIDAY, 20 NOV 2020
The first comprehensive review of Australia's retirement system has acknowledged that affordable financial advice is what people need to navigate the retirement system. After the Royal Commission exposed deep flaws in Australia's financial advice ...

FPA board member joins new firm

ELIZABETH MCARTHUR  |  THURSDAY, 19 NOV 2020
Financial Planning Association of Australia (FPA) board member Julie Matheson has joined Peloton Partners. The Melbourne based financial services consultancy was founded by Rob Jones and Michael Harrison, both former Shadforth financial advisers. Matheson ...

Former adviser pleads guilty to stealing client funds

ELIZA BAVIN  |  WEDNESDAY, 18 NOV 2020
A former financial adviser has pleaded guilty to misappropriating $2.9 million of client funds by transferring the money to his own accounts for personal use. Ross Hopkins from NSW, appeared at the Downing Centre Local Court, where he pleaded guilty ...

Chief economist update: Vaccine optimism sparks AUD resurgence

BENJAMIN ONG  |  WEDNESDAY, 18 NOV 2020
The Australian dollar is back! Back above the US$0.73 level that is. The Australian currency rose to around this level back in late-August/early-September after the US Federal Reserve announced a shift into a lower for longer strategy - suggesting that ...

Stockpicker pay cheques revealed

KANIKA SOOD  |  TUESDAY, 17 NOV 2020
... they earned $350,000 to 400,000 in base salary. Majority of them (83%) said their pay did not increase in 2020, while the rest said it increased by 10-20%. The mean increase in salary was a dismal 3%. These top roles received bonuses of 112% of their ...

Chief economist update: A vaccine and a better vaccine

BENJAMIN ONG  |  TUESDAY, 17 NOV 2020
"Voices singing, let's be jolly Deck the halls with boughs of holly Rockin' around the Christmas tree Have a happy holiday Everyone dancin' merrily..." - Brenda Lee It's not even December yet but Wall Street's already "Rockin' ...

AMP Capital shutters Aussie equities fund

KANIKA SOOD  |  MONDAY, 16 NOV 2020
AMP Capital has decided to close its 19-year old sustainable share fund, after its portfolio managers Genevieve Murray and Emily Woodland announced their resignations in August. In a notice sent to investors on Friday, AMP Capital attributed the closure ...

ASX market outage lasts all day

ELIZABETH MCARTHUR, KANIKA SOOD  |  MONDAY, 16 NOV 2020
The ASX equity market paused trading this morning, and will not open until tomorrow morning. The market will not open again until 10am tomorrow as the ASX works to fix the issue. Today was the go-live for the refreshed ASX Trade system, which is the ...

Chief economist update: Japan's third wave

BENJAMIN ONG  |  MONDAY, 16 NOV 2020
More infections equals more monetary policy easing and more fiscal spending. Like the Fed and the European Central Bank, the Bank of Japan (BOJ) also kept monetary policy unchanged - target rate at -0.1% and target for the 10-year Japanese government ...

Chief economist update: We're not there yet

BENJAMIN ONG  |  FRIDAY, 13 NOV 2020
"Curb your enthusiasm" was the overriding message from the world's top three central bankers at the annual ECB Forum on Central Banking 2020, held online on November 11-12. The head honchos of the US Federal Reserve, European Central Bank and the ...