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Showing 121 - 130 of 302 results for "Cashflow"

Advice firm partners with mortgage aggregator

ELIZABETH MCARTHUR  |  MONDAY, 3 AUG 2020
... advice will need to go beyond traditional areas of investment, superannuation and insurance and into areas of advice on cashflow and managing debt," FAMS chief executive Mark Zaglas said. "We believe this is a win for consumers, will accelerate business ...

Specialist platforms prosper in June quarter

ALLY SELBY  |  MONDAY, 20 JUL 2020
... represents a delay in the previously expected rate of growth rather than permanently lost opportunities." The business was cashflow positive for the quarter, with Powerwrap holding $15.6 million in cash reserves at 30 June. Client cash balances on the ...

Stop guessing games: AMP Capital

ELIZABETH MCARTHUR  |  WEDNESDAY, 3 JUN 2020
The AMP Capital Global Companies Fund returned 91.8% net of fees in the three years to 31 March 2020, and its managers say the key is to not get caught in guessing games. Over the same three-year period global equity markets returned 30.3%. On an annualised ...

Australia only needs 15 super funds: Consultant

HARRISON WORLEY  |  TUESDAY, 26 MAY 2020
It is in the best interests of members for the number of superannuation funds serving Australians to be drastically reduced, according to a new report. Management consulting firm Right Lane is calling on high-cost super funds to urgently wed themselves ...

Aussie analysts share COVID-19 investment tips

ALLY SELBY  |  THURSDAY, 30 APR 2020
With global markets rocking one way and the other in the last two months, it's not too far a stretch to imagine investors are feeling a little seasick, or at the least dumbfounded. Despite a recession knocking on the world's door, investors ...

Raiz cuts costs, super increases

ALLY SELBY  |  TUESDAY, 28 APR 2020
... previous quarter. During the quarter, active customers increased by 15.3% to 215,398 compared to Q3 FY19. However, operating cashflow for the quarter was negative $66,000, which the platform attributed to investment expenses related to its expansion ...

AMP bleeds $18 billion

HARRISON WORLEY  |  THURSDAY, 23 APR 2020
The market damage of COVID-19 saw AMP's wealth management arm shed more than $18 billion during the first quarter. COVID-19 has left AMP around $18 billion shorter than it was at the beginning of the year, with the economic impact of the pandemic hitting ...

Advisers adapt as crisis unfolds

ALLY SELBY  |  MONDAY, 20 APR 2020
... on doing crucial work to support clients, many of whom have lost their jobs, or are experiencing financial distress or cashflow issues." The firm has introduced an informative portal to assist advisers during this period. "We are taking a number of proactive ...

BAS agents to give financial advice

ELIZABETH MCARTHUR  |  FRIDAY, 17 APR 2020
... to businesses. BAS agents can now legally advise businesses about their entitlements to the new JobKeeper payment and cashflow support under the government's extraordinary stimulus package. The Tax Practitioners Board registered the new legislative ...

Cash management account to shutter

KANIKA SOOD  |  FRIDAY, 27 MAR 2020
... rate of 0.40% per year, and acted as a central account for a usually advised client to manage their investment-related cashflow. Users could receive their salary, interest payments, dividends, distributions, share sale proceeds or rent from an investment ...