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Showing 1571 - 1580 of 4124 results for "Nov"

FSC extends life code consultation deadline

KARREN VERGARA  |  THURSDAY, 24 JAN 2019
The Financial Services Council is extending the consultation period for the second iteration of its life code until 31 January 2019. The draft FSC Life Insurance Code of Practice was first released for consultation in November 2018, proposing 30 changes ...

Australia still low on trust barometer

KANIKA SOOD  |  WEDNESDAY, 23 JAN 2019
Australians are reporting an increased trust in their institutions to do "what is right" since last year but overall levels still remain low, according the 2019 Edelman Trust Barometer. On an average, 40% of Australia's general population trusted ...

Chief economist update: Don't buy now, Australian property will be cheaper

BENJAMIN ONG  |  WEDNESDAY, 23 JAN 2019
Last week, the Australian Financial Review (AFR) published a piece headed: "Capital Economics becomes fourth forecaster to call for RBA rate cut". It talked about the "independent macroeconomic research" company joining AMP Capital and Industry Super ...

Industry funds dominate member satisfaction

KANIKA SOOD  |  TUESDAY, 22 JAN 2019
Only two retail super funds made the top 10 in a Roy Morgan list that measured how satisfied members felt with their fund's financial performance. The two retail funds to make the list were Asgard and Macquarie and they were below the average satisfaction ...

Watermark pulls out of global equities

JAMIE WILLIAMSON  |  MONDAY, 21 JAN 2019
Watermark Funds Management is shuttering its global equities business, saying farewell to a number of senior staff. The ASX-listed fund manager announced it is in the process of liquidating its international exposures and will return to its original ...

BT launches new managed accounts offerings

HARRISON WORLEY  |  MONDAY, 21 JAN 2019
BT Financial Group launched a suite of managed accounts on its flagship platform, and said further additions will soon follow. Six active diversified managed portfolios have landed on BT Panorama's full and compact menus, offering clients different ...

UniSuper awards fixed income mandate

KANIKA SOOD  |  FRIDAY, 18 JAN 2019
A Melbourne bond manager won a $180 million mandate from UniSuper as the super fund increased its allocation to fixed income. UniSuper appointed Jamieson Coote Bonds to manage about $180 million in Australian government bonds in November. The mandate ...

Chief economist update: Crude oil to the rescue

BENJAMIN ONG  |  THURSDAY, 17 JAN 2019
Brexit uncertainty remains in the headlines ( dis-United Kingdom prime minister Theresa May survived the vote of no confidence immediately called after the crushing defeat of her proposed Brexit deal in the House of Commons); so is the US government ...

AustralianSuper consortium ups bid for Navitas

KANIKA SOOD  |  WEDNESDAY, 16 JAN 2019
The BGH Consortium, which includes AustralianSuper, has finally unlocked the doors to Navitas after it upped its previously rebuffed bid to acquire the company. The Navitas board yesterday granted exclusive due diligence to the consortium, after it ...

Boutique shuts down fund

KANIKA SOOD  |  WEDNESDAY, 16 JAN 2019
Premier Asset Management has wound up a 17-year-old retail fund with about $35 million in assets under management. The Premier Global Select Fund had about 90% of its assets invested in exchange traded funds (ETFs) while the remaining 10% were a mix ...