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Showing 1431 - 1440 of 4246 results for "VIC"

Fight for MySuper advice fees kicks off

ELIZABETH MCARTHUR  |  TUESDAY, 3 MAR 2020
Financial advice industry groups are being joined by superannuation funds in a fight to retain the ability to charge advice fees to MySuper members as the government implements recommendations from the Royal Commission. Draft legislation currently open ...

Chief economist update: Wall Street sneezes

BENJAMIN ONG  |  THURSDAY, 27 FEB 2020
It may have started in China and is infecting its way around the planet but the coronavirus hadn't had much impact on equity markets until it hit investor sentiment on Wall Street. Five straight down days have taken returns on the S&P 500 index ...

Moelis Australia names co-chiefs, acquires lender

KANIKA SOOD  |  WEDNESDAY, 26 FEB 2020
Moelis Australia has promoted two managing directors to joint chief executives as it announces plans to acquire a local non-bank lender, eyeing a bigger slice of the $1.8 trillion Australian residential mortgage market. Julian Biggins and Chris Wyke ...

More US giants added to Chi-X TraCRs

HARRISON WORLEY  |  FRIDAY, 21 FEB 2020
... additions see the menu expand to 20 blue chip US listed companies available through the exchange. Chi-X Australia chief executive Vic Jokovic said TraCRs had "filled a gap in the market" for Aussie investors seeking ownership of US shares, with the firm ...

Zurich appoints distribution team

JAMIE WILLIAMSON  |  THURSDAY, 20 FEB 2020
... manager NSW/ACT; Reece Foster, state manager QLD; Vilma Attanasio, state manager SA/WA; and Matthew Backman as state manager VIC/TAS who has joined from MLC in Victoria. This team will report to Taggart. Commenting on the new-look team, Brooks said ...

Focus to acquire stake in MEDIQ

KANIKA SOOD  |  WEDNESDAY, 19 FEB 2020
Following its acquisition of a stake in Escala Partners, New York-based Focus Financial Partners is set to buy a slice of Melbourne-based MEDIQ Financial Services. Focus has entered a definitive agreement to partner with Ravi Agarwal's MEDIQ Financial ...

JP Morgan appoints two Aussie leads

ALLY SELBY  |  TUESDAY, 18 FEB 2020
JP Morgan has appointed not one, but two co-heads to lead the firm's investment banking business down under. Jabe Jerram and Simon Ranson have been appointed as co-heads of JP Morgan's investment banking coverage. A JP Morgan spokesperson said the appointments ...

Industry fund hikes admin fees

ELIZA BAVIN  |  MONDAY, 17 FEB 2020
A $3 billion industry super fund is the latest to hike fees ahead of the Protecting Your Super (PYS) and Putting Members Interest First (PMIF) legislation. First Super announced an increase to its administration fee, going from $1.50 per week to $2.25 ...

SSGA slashes ETF fee

HARRISON WORLEY  |  MONDAY, 17 FEB 2020
State Street Global Advisors will slash the fees of the most traded ETF in Australia. SSGA is set to make a six basis point cut to the management costs of its SPDR S&P/ASX200 ETF (STW), pushing its cost down from 0.19% p.a. to 0.13% p.a. The change ...

Industry fund bumps up premiums

JAMIE WILLIAMSON  |  FRIDAY, 14 FEB 2020
Members of a $25 billion industry superannuation fund are set to pay higher insurance premiums from April 1, with some paying up to 20% more for death and TPD. VicSuper has notified members their insurance premiums are increasing as a result of the ...