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Showing 1481 - 1490 of 3553 results for "October 2007"

Boutique manager to launch LIC

KANIKA SOOD  |  MONDAY, 3 SEP 2018
A $2.3 billion boutique fund manager is set to launch a listed investment company based on an in-house strategy that has delivered 57.2% in compound annual returns in the last three years. Tribeca Investment Partners is aiming to raise up to $250 million ...

Industry fund cuts admin fee

KANIKA SOOD  |  THURSDAY, 30 AUG 2018
A $72 billion industry superannuation fund is cutting its administration fee for lower-balance accounts - a change which affects one-quarter of its members. UniSuper members with account balances lower than $4800 will now pay 2% of the account balance ...

UBS shutters UK robo platform

KARREN VERGARA  |  THURSDAY, 30 AUG 2018
UBS has shuttered its robo-advice offering in the UK after less than two years since its launch. UBS SmartWealth, a digital wealth platform that assesses clients' financial situation and risk profile to recommend a relevant investment option, has closed ...

Advice firm rebrands, confirms independence

JAMIE WILLIAMSON  |  WEDNESDAY, 29 AUG 2018
A Victorian financial advice practice is readying itself for the future of advice, rebranding and restructuring its business model to now meet the legal requirements for independence. Celebrating its 10th anniversary, Hogben Farrell Financial Planning ...

Chief economist update: Blame the US economy for the widening trade gap

BENJAMIN ONG  |  WEDNESDAY, 29 AUG 2018
From "fake news", US President Donald Trump might label the Census Bureau's numbers on "International Trade in Goods" as "fake stats". It refutes his claim in March that "trade wars are good, and easy to win." The report shows America's balance ...

Royal Commission challenges super regulators

KARREN VERGARA  |  TUESDAY, 28 AUG 2018
The Royal Commission cast serious doubts over the ability of APRA and ASIC to effectively regulate the superannuation industry, questioning their purpose in safeguarding retirement savings and the stability of the financial system. In his fifth round ...

Chief economist update: Little market reaction from BOJ tweak

BENJAMIN ONG  |  FRIDAY, 24 AUG 2018
It may still be early days but the Bank of Japan's (BOJ) "tweaking" of monetary appears to have done nothing significant for the yen and the Nikkei-225 so far. At the conclusion of its July 30-31 monetary policy meeting - where it kept current monetary ...

Mainstream co-founder becomes non-exec chair

HARRISON WORLEY  |  WEDNESDAY, 22 AUG 2018
The co-founder of Mainstream Group will transition away from his executive chair position at the administration services provider in October. Byram Johnston will become non-executive chair of the Mainstream board on October 1, having served as executive ...

PractiFI opens US office

KARREN VERGARA  |  WEDNESDAY, 22 AUG 2018
A fintech which delivers business administration services to the financial advice, superannuation and insurance industries has received funding to launch in the US. PractiFI received a $3 million injection from a joint venture between Microequities ...

IOOF adds advice GM

JAMIE WILLIAMSON  |  MONDAY, 20 AUG 2018
Following its acquisition of ANZ's aligned dealer groups, IOOF will welcome a new general manager for its combined financial advice business. Currently ANZ general manager, aligned licensees and advice standards, Darren Whereat will transition to the ...