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Showing 1381 - 1390 of 4004 results for "Cut"

Chief economist update: Inflation isn't such a lonely word

BENJAMIN ONG  |  MONDAY, 19 FEB 2018
Wall Street recovered just as quickly as it corrected - selling and then buying on rising inflation expectations. The S&P 500 index closed 4.3% up at the close of the trading week ending 16 February, partly reversing the previous week's 5.2% loss but ...

AMP cuts fees for new wholesale fund suite

ALEX BURKE  |  THURSDAY, 15 FEB 2018
AMP is rolling out a range of new managed funds on the MyNorth, North, Summit, iAccess, PortfolioCare and WealthView platforms, delivering them at a lower cost than their underlying wholesale vehicles. The Advantage Funds range comprises 31 funds covering ...

Industry fund flags further fee cuts

KARREN VERGARA  |  TUESDAY, 13 FEB 2018
... be among the lowest in the industry, with potential via future mergers to push them even lower. In October last year, Equip cut the weekly administration fees for accumulation accounts from $1.50 to $1.25. Its asset-based administration fee has also ...

Chief economist update: The Fed's force is with us

BENJAMIN ONG  |  FRIDAY, 9 FEB 2018
"Suddenly the wheels are in motion. And I, I'm ready to sail any ocean. Suddenly I don't need the answers. Cause I, I'm ready to take all my chances with you." - Olivia Newton-John Oh yes Virginia, the wheels are surely in motion...suddenly. The Dow ...

Chief economist update: RBA to lift rates after 2018

BENJAMIN ONG  |  THURSDAY, 8 FEB 2018
Now we've seen it all - the "most hated bull market in history" and the "most widely-expected correction." To wax pedantic about this, the Dow and the S&P 500's big drop on the 5 February 2018 does not even fit the technical definition of a correction ...

Industry veteran acquires SMSF administrator

JAMIE WILLIAMSON  |  TUESDAY, 6 FEB 2018
... hampers effective communication between teams. We will never sacrifice service quality for growth, neither will we seek to cut costs by hiring inexperienced staff or outsourcing jobs offshore," he said. He added he enjoys working with financial advisers ...

Chief economist update: Wall Street wails on inflation indications

BENJAMIN ONG  |  MONDAY, 5 FEB 2018
... wages to increase in the months ahead" and it's not hard to pencil in continued wage gains. And oh, there's also Trump's tax cut - which had already prodded several US companies - Walmart, AT&T, Wells Fargo, etc. - to pass some on onto their employees ...

Open banking regime to boost advice

DARREN SNYDER, KARREN VERGARA  |  MONDAY, 5 FEB 2018
Australia's open banking regime will fundamentally change the way financial advisers interact with consumers but several hurdles must be cleared before any true potential is realised. The expected multi-billion dollar implementation of open banking ...

Venture capital firm plants $1.8m seed for Honee

DARREN SNYDER  |  FRIDAY, 2 FEB 2018
... Honee came to me organically - I just got back to Australia from Singapore and couldn't easily find anywhere to get my hair cut. As luck would have it, I stumbled across a premium Kevin Murphy salon in the basement of my office building, which hadn't ...

Chief economist update: RBA stuck in slow inflation lane

BENJAMIN ONG  |  THURSDAY, 1 FEB 2018
"Plus ca change, plus c'est la meme chose." Jean-Baptiste Aphonse Karr's immortal epigram - translated as "the more things change, the more they stay the same" - best describes the goings-on over the past 24 hours. There were no surprises at the Fed's ...