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Showing 121 - 130 of 548 results for "Term deposit"

Clearstream rebrands Australian acquisition

ALLY SELBY  |  MONDAY, 1 JUN 2020
The $14 trillion post-trade securities service provider has rebranded an Australian managed funds business that it acquired in July last year. Sydney-based Ausmaq will be renamed Clearstream Australia from June 1, and will provide custody and administrative ...

Retirement funder adds two new executives

ELIZA BAVIN  |  WEDNESDAY, 27 MAY 2020
Household Capital has announced it has added two new roles to its executive team including chief operating operator and chief credit officer. Luke Rattigan has been appointed to the newly created role of chief operating officer, with a primary focus ...

Retirees hurt by APRA dividend pressure

ELIZA BAVIN  |  THURSDAY, 14 MAY 2020
Self-funded retirees have seen their nest-egg investment assets plunge due to COVID-19 and pressure from APRA on companies to cut dividends has made matters worse, according to Midsec Financial Advice. Midsec director Phillip Middleton said APRA's pressure ...

ASIC delivers thinly veiled warning

ELIZABETH MCARTHUR  |  FRIDAY, 8 MAY 2020
... consumers. ASIC deputy chair Karen Chester warned consumers that if an investment product promises higher returns than a term deposit then it probably also carries higher risk. "Be wary of investments that claim to be 'like' a 'term deposit'. Products ...

Investors back corporate bonds as COVID-19 winner

ALLY SELBY  |  THURSDAY, 7 MAY 2020
As COVID-19 batters the once celebrated yield-providing banks, investors have turned to corporate bonds in their search for income. Amid the spiraling economic environment, investors have become increasingly aware of the difference between "dividends" ...

Mayfair 101 reveals new sub-division, hires chief

ELIZABETH MCARTHUR  |  TUESDAY, 5 MAY 2020
... regulator took issue with Mayfair's use of Google AdWords which meant when consumers searched for term deposits, bank term deposit, term deposit alternative or term investment Mayfair debenture products would appear as sponsored links. ASIC accused ...

Junk by name, junk by nature?

ALLY SELBY  |  THURSDAY, 30 APR 2020
... to investors, albeit with heightened risk. In a world of low government bond yields (some below negative) and low term deposit rates, high yield bonds look very attractive, despite their risks. These bonds attract credit ratings by houses such as Moody's ...

Raiz cuts costs, super increases

ALLY SELBY  |  TUESDAY, 28 APR 2020
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 ...

Mayfair 101 pushes on

ELIZABETH MCARTHUR  |  THURSDAY, 23 APR 2020
... regulator took issue with Mayfair's use of Google AdWords which saw meant when consumers searched for term deposits, bank term deposit, term deposit alternative or term investment Mayfair debenture products would appear as sponsored links. ASIC accused ...

Court restricts Mayfair advertising

ELIZA BAVIN  |  MONDAY, 20 APR 2020
... April this year. Mayfair's use of Google Ad Words meant that when consumers searched for term deposits, bank term deposit, term deposit alternative or term investment Mayfair debenture products would appear as sponsored links. Justice Anderson of ...