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Showing 1551 - 1560 of 4124 results for "Nov"

Adviser asked to cover regulator costs

KANIKA SOOD  |  MONDAY, 18 FEB 2019
The Queensland Supreme Court has issued orders against a man who ran an unlicensed advice business and collected kickbacks on investment properties he recommended to his SMSF clients. Richard Gardner and Advanced Wealth Financial Services Pty Ltd (where ...

Zurich awards $100m passive mandate

KANIKA SOOD  |  MONDAY, 18 FEB 2019
A global asset manager has won a mandate to invest $100 million in ASX-listed equities for Zurich Group's Australian investment management arm. DWS will invest in a passively-managed portfolio of Australian stocks for Zurich Investment Management. Zurich's ...

Chief economist update: Is the US about to join the global slowdown club?

BENJAMIN ONG  |  FRIDAY, 15 FEB 2019
US consumers aren't shopping till they drop. They dropped spending. The US Census Bureau's latest update on retail spending - which constitutes the bulk of household spending that, in turn, accounts for about 70% of the US economy - showed that ...

Donations now accepted via Instagram

KANIKA SOOD  |  FRIDAY, 15 FEB 2019
Instagram is set to add a feature that will allow its users to raise money for non-profits they are passionate about. Later this year the social-networking app will roll out a donations sticker for Instagram stories. Stickers are extra elements that ...

ClearView launches client-engagement guide

KANIKA SOOD  |  THURSDAY, 14 FEB 2019
ClearView has launched a guide on how financial advisers can engage better with clients, in partnership with an academic. The author is Dr Katherine Hunt from Griffith University, who teaches financial planning subjects and has published papers in the ...

Chief economist update: Unchanged RBNZ stance would force it to change stance

BENJAMIN ONG  |  THURSDAY, 14 FEB 2019
"Despite the weaker global impetus, we expect low interest rates and government spending to support a pick-up in New Zealand's GDP growth over 2019. Low interest rates, and continued employment growth, should support household spending and business ...

Westpac mulls sale of in-house planners

JAMIE WILLIAMSON  |  WEDNESDAY, 13 FEB 2019
Westpac has confirmed it is exploring options for its in-house financial planning division, following questions from Financial Standard about a potential sale of 50% of Westpac Financial Planning. Financial Standard understands Westpac is in talks with ...

Macquarie expects profit jump

KANIKA SOOD  |  TUESDAY, 12 FEB 2019
Macquarie Group is expecting its FY19 results to outstrip last year's results by up to 15%, and has made three key appointments. This means it could post $3.9 billion in profits when it announces FY19's full-year results in early May. "While the impact ...

Netflix-style shopping for funds

KANIKA SOOD  |  TUESDAY, 12 FEB 2019
A former member of Macquarie's insto equities sales team is launching a new platform which ultimately aims to offer a Netflix-style shopping experience to financial advisers and clients. Forum 360 has been working for two years to build the prototype ...

Chief economist update: UK economy slows on Brexit woes

BENJAMIN ONG  |  TUESDAY, 12 FEB 2019
When the Bank of England (BOE) decided to keep monetary policy settings unchanged following its February 7 monetary policy committee meeting, it acknowledged in its statement that: "UK economic growth slowed in late 2018 and appears to have weakened ...