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| | | Paul Moore's PM Capital Global Companies was the worst performing global equities fund in the March quarter in Morningstar's universe, while a Stewart Investors fund came out on top. In the March quarter, while the local S&P/ASX Small Ords Total Return ... |
| | | | In launching its latest campaign to retain commissions, the industry body has accused the Financial Planning Association of Australia of taking money from the big banks in return for support. Writing to members, Association of Independently Owned Financial ... |
| | | | UBS says the dividend dip in Australian stocks in the next year could be worse than the Global Financial Crisis, but six stocks are poised to pay good dividends. In 2008, dividends fell by $10.5 billion (or 28%) to $44.9 billion. But this time, dividends ... |
| | | | Executives and directors of a $12 billion Queensland superannuation fund have committed to a 10% decrease in their remuneration until at least June 30 as the COVID-19 pandemic rolls on. LGIAsuper will fund the 10% pay cut through the executives' ... |
| | | | Westpac today announced expected increased costs associated with AUSTRAC proceedings of $1.03 billion. On top of that, the bank has increased provisions for customer refunds, repayments and litigation by $260 million. It's also had to write down ... |
| | | | New research from MetLife shows Australian consumers are looking to financial institutions to alleviate anxiety during the current COVID-19 crisis, but more than half claim they haven't heard from their super fund. MetLife's COVID-19 Insights revealed ... |
| | | | Cashwerkz has appointed a fixed income professional as its new chief executive. Jon Lechte will take on the top role, effective April 1, having held a number of executive and senior roles in fixed income. "Jon joins Cashwerkz to lead the growth trajectory ... |
| | | | I would have described him as 'super', but I've already used that moniker in reference to former European Central Bank (ECB) president Marion Draghi when he did "whatever it took" to save the splintering of the single currency region from ... |
| | | | The $16 billion industry superannuation fund has shrugged off its recent administration struggles to become the super fund with the most satisfied members. Latest Roy Morgan research shows CareSuper has the highest current satisfaction rating among ... |
| | | | This week the world gained some clarity as to the true scale of the impact COVID-19 is likely to have which, in turn, made clearer the challenges the financial services industry will face in combating the pandemic's effects. However, greater uncertainty ... |
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