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Showing 1401 - 1410 of 4873 results for "DIVI"

MLC Wealth shuffles distribution leadership

KRISTI CHENG  |  THURSDAY, 5 SEP 2019
MLC Wealth will welcome a general manager distribution, for its asset management business. At the same time, Garry Mulcahy will transition to a new role. Former BMO Global Asset Management head of client management EMEA, Mandy Mannix has been appointed ...

Chief economist update: Economy slows to decade low but still tops the pops

BENJAMIN ONG  |  THURSDAY, 5 SEP 2019
There were no back-patting and self-congratulatory remarks this time from Australia's Prime Minister and Treasurer for the Australian National Accounts show that it wasn't a "wonderful set of numbers". Instead, with economic growth slowing to ...

Who foots the bill when super funds merge?

KANIKA SOOD  |  WEDNESDAY, 4 SEP 2019
Who pays the costs of a merger, REST chair Ken Marshman asked panelists involved in superannuation mergers at the Australian Superannuation Investment Conference yesterday. The panel discussed how mergers will impact the investment strategy of superannuation ...

VanEck restructures three ETFs

KANIKA SOOD  |  MONDAY, 2 SEP 2019
VanEck is changing the domicile of three ETFs to cut out US tax forms for investors and to introduce dividend reinvestment plans. VanEck Vectors Gold Miners ETF (GDX), VanEck Vectors Morningstar Wide Moat ETF (MOAT) and VanEck Vectors China AMC CSI ...

YBR to remediate wealth clients

KARREN VERGARA  |  FRIDAY, 30 AUG 2019
Yellow Brick Road is expecting to compensate wealth clients close to $1 million for failing its fee disclosure statements obligations. During the 2019 financial year, the ASX-listed firm identified some advice clients with ongoing fee arrangements may ...

Members shift to industry super funds

KARREN VERGARA  |  THURSDAY, 29 AUG 2019
Retail superannuation funds copped a battering of outflows as latest APRA figures paint a telling picture of a booming industry super fund sector nearly one year after the Hayne Royal Commission. Retail fund assets were flat at $625.7 billion in the ...

REP 515 divides advice community

ELIZABETH MCARTHUR  |  WEDNESDAY, 28 AUG 2019
Association of Financial Advisers' general manager, policy and professionalism Phil Anderson says the financial advice community has been split in two by the corporate regulator. Providing a policy outlook at the AFA National Conference in Adelaide ...

Dividend payouts stagnate

KARREN VERGARA  |  MONDAY, 26 AUG 2019
ASX-listed companies continued to hold off paying dividends, extending a five-year long trend, a global index shows. According to Janus Henderson, dividend payouts rose 5.7% in the June quarter, thanks mainly to QBE Insurance, which rewarded shareholders ...

KPMG names financial services head

HARRISON WORLEY  |  MONDAY, 26 AUG 2019
The global consulting firm has named a new leader for its financial services division. KPMG financial services management consulting head Daniel Knoll has been promoted to national industry leader for financial services. The role will see the former ...

IOOF advice remediation hits $235m

KARREN VERGARA  |  MONDAY, 26 AUG 2019
IOOF will fork out a whopping $235.3 million to compensate customers for bad advice and charging fees for no service rendered. The ASX-listed firm's June 2019 financial results were overshadowed by its client remediation bill that is expected to ...