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Showing 1441 - 1450 of 3228 results for "April 2012"

CBA to demerge CFS, mulls further CommInsure sell-off

JAMIE WILLIAMSON  |  MONDAY, 25 JUN 2018
Commonwealth Bank is demerging its wealth management business and undertaking a strategic review of its general insurance arm. Standing as a separately listed wealth management business, CFS Group will comprise Colonial First State, Colonial First State ...

Chief economist update: RBA not cruising for a bruising

BENJAMIN ONG  |  THURSDAY, 21 JUN 2018
"In the current circumstances, members agreed that it was more likely that the next move in the cash rate would be up, rather than down." Reserve Bank of Australia governor Philip Lowe declared this in many of his recent speeches, the statement was ...

Multi-disciplinary industry trend continues: CBA

JAMIE WILLIAMSON  |  WEDNESDAY, 20 JUN 2018
About half of all accounting firms are considering a move into financial planning. According to Commonwealth Bank, 43% of Australia's accounting firms are planning to add or grow their wealth management and financial planning capabilities in the ...

AMP slides off ASX top 20

KANIKA SOOD  |  FRIDAY, 8 JUN 2018
AMP will no longer be on the S&P/ASX 20 index when trading opens on June 18, following a quarterly rebalance of S&P's Australian indices announced today. AMP's spot on the index will be taken by packaging manufacturer Amcor. The wealth giant ...

Japan needs trade peace with the US

BENJAMIN ONG  |  FRIDAY, 8 JUN 2018
It must be because Bank of Japan (BOJ) policy exit speculations have died down or that Japan's response to Donald Trump's tariff increases has been less confrontational than China, the EU or even Canada but Japan had rarely been on headlines in recent ...

SMSFs missing out on returns

KANIKA SOOD  |  WEDNESDAY, 6 JUN 2018
The SMSF sector, which has traditionally shied from growth assets, underperformed default MySuper investment strategies by 1.2 percentage points in the 12 months to April 2018. The average SMSF returned 6.6% before fees and tax, while the average default ...

Chief economist update: A prelude to an RBA cut?

BENJAMIN ONG  |  WEDNESDAY, 6 JUN 2018
The Reserve Bank of Australia (RBA) didn't disappoint when it kept the official cash rate unchanged at a record low 1.5% following its June 5 board meeting. Except for a few tweaks in the wordings here and there, RBA Governor Philip Lowe's statement ...

CYBG revises Virgin Money offer

KARREN VERGARA  |  TUESDAY, 5 JUN 2018
CYBG has improved its offer for Virgin Money, the bank and financial services company founded by Richard Branson, in a bid to create a serious national competitor in the UK's banking sector. Under the revised proposal, Virgin Money shareholders ...

Chief economist update: Rush hour is over for the BOE

BENJAMIN ONG  |  TUESDAY, 5 JUN 2018
We are one and we are many, and all of us don't expect any movement from the Reserve Bank of Australia (RBA) when it meets at 2.30pm today for its monthly monetary policy deliberations. Yes Virginia, RBA Governor Philip Lowe has already gone on ...

Citi launches currency product, targets HNW investors

DARREN SNYDER  |  MONDAY, 4 JUN 2018
Citi Australia is continuing its increased push into the local wealth management market, introducing a currency product targeted at globetrotting high-net-worth investors. The Global Currency Account is launching as a transaction account with the ability ...