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Showing 1481 - 1490 of 2845 results for "DIGI"

Super switching three times higher: CFS

ELIZA BAVIN  |  WEDNESDAY, 6 MAY 2020
New data from Colonial First State (CFS) found switches by super members were three times the usual rate in March as Australians moved their super to cash in the midst of the COVID-19 pandemic. The data found 39% of those that switched their super moved ...

FPA launches new ROA solution template

ELIZA BAVIN  |  WEDNESDAY, 6 MAY 2020
The Financial Planning Association of Australia has launched a digital version of the Record of Advice (ROA) solution 'template' to support members who have been inundated with requests for advice, following the strong demand for early super access. ...

HESTA announces three GM appointments

KANIKA SOOD  |  TUESDAY, 5 MAY 2020
The $50 billion industry fund appointed a new general manager for investment risk, while also announcing two internal leadership changes. HESTA has hired Matt Cameron as general manager - investment risk, while current employees Katrina Waghorne is ...

Chinese tech giant buys 5% stake in Afterpay

ALLY SELBY  |  MONDAY, 4 MAY 2020
A Chinese tech giant has bought a 5% stake in buy-now-pay-later provider Afterpay, after paying approximately $416 million for more than 13 million shares in the company. Tencent is an online entertainment, digital advertising, social media, fintech ...

Advice group research head departs

HARRISON WORLEY  |  FRIDAY, 1 MAY 2020
The head of research at a major financial advice group has jumped ship, and is set to head up investments in AMP's superannuation trustee office. Miriam Herold is leaving Centrepoint Alliance, as the advice group's research leadership is re-shuffled ...

Aussie analysts share COVID-19 investment tips

ALLY SELBY  |  THURSDAY, 30 APR 2020
With global markets rocking one way and the other in the last two months, it's not too far a stretch to imagine investors are feeling a little seasick, or at the least dumbfounded. Despite a recession knocking on the world's door, investors ...

Northern Trust touts new ESG tool to instos

KANIKA SOOD  |  THURSDAY, 30 APR 2020
The fast-growing custodian is pitching a new ESG analytics tools to local superannuation funds and asset managers to track, compare and benchmark their ESG score. Northern Trust, which is best known in Australia as custodian to a number of public sector ...

ANZ profits halve, dividend deferred

JAMIE WILLIAMSON  |  THURSDAY, 30 APR 2020
ANZ has announced a 51% reduction in profits for 1H20 compared to last year as it defers its interim dividend awaiting greater clarity of the impact COVID-19 will have. The big bank's half-year results show a statutory profit after tax of $1.55 ...

Queensland funds delay merger

HARRISON WORLEY  |  WEDNESDAY, 29 APR 2020
The impending merger of major Queensland superannuation funds QSuper and Sunsuper has been delayed. QSuper has confirmed its planned merger with Sunsuper has been delayed, owing to difficulties in conducting due diligence while staff are working remotely ...

Gargantuan stimulus needed to survive economic disaster

ALLY SELBY  |  WEDNESDAY, 29 APR 2020
Economic experts are calling on the government to commit to "gargantuan" fiscal stimulus measures, amounting to at least 15-20% of Australia's GDP per year for the next two to three years. Anything less, they argue, will run the risk of a debt-default ...