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Showing 1581 - 1590 of 4767 results for "Run"

Royal Commission hits Westpac cash earnings

JAMIE WILLIAMSON  |  MONDAY, 5 NOV 2018
Westpac reported a flat net profit of $8 billion with increased remediation provisions and legal costs weighing on the group's cash earnings. The group recorded a 1% increase in net profit year-on-year to $8.095 billion for the 12 months to September ...

Advisers choose their own journey on BT hub

DARREN SNYDER  |  FRIDAY, 2 NOV 2018
The ability to select adviser services on an as needed basis will be the key ingredient to growth in BT Financial Group's newly-launched adviser hub. Commencing this week and first flagged in July, BT Open Services is a financial adviser hub set ...

Blockchain can power internal systems: Digital Asset

KANIKA SOOD  |  FRIDAY, 26 OCT 2018
While the focus of the blockchain industry debate is its usage cross platforms, the real potential can actually be in managing internal systems, said the chief executive of the company behind ASX's new blockchain system. Speaking at a SIBOS session ...

Beware the fintech Ponzi scheme

MICHELLE BALTAZAR  |  FRIDAY, 26 OCT 2018
Not to rain on the fintech parade but financial advisers and investors in Australia must stay alert against Ponzi schemes posing as P2P platforms. In a paper released by the SWIFT Institute titled "Quo Vadis? A comparison of the fintech revolution in ...

Cybersecurity fit for a $16bn insurer

KANIKA SOOD  |  FRIDAY, 26 OCT 2018
... what our maximum loss exposure was," Cameron said. "We ran four different types of scenarios and we can now rinse and repeat, run it progressively on a regular basis to demonstrate how effective we are to be able to buy down that risk." It also helped ...

Young Aussies set lofty retirement goals

KARREN VERGARA  |  WEDNESDAY, 24 OCT 2018
... more, cutting back on socialising and empowering themselves with investing skills to make their money work harder in the long run, he said. For the majority (63%) however, the biggest cash drain is paying rent or a mortgage. Almost a third (32%) of the ...

What 1% in fees could do to investments

KANIKA SOOD  |  FRIDAY, 19 OCT 2018
Advisers paying just 1% more for investments could erode their clients' nest eggs by 26% over 30 years, according to new data modelling from InvestSMART. InvestSMART researchers found stark differences in the outcomes for investors paying different ...

SMSFs most affordable: Research

KARREN VERGARA  |  THURSDAY, 18 OCT 2018
Self-managed super funds continue to have the lowest fees across all superannuation vehicles, charging an average total expense ratio of 0.82%, latest Rainmaker Research shows. The 2018 Rainmaker Fee Study, which analysed more than 2500 fee options ...

Chief economist update: Bull markets don't die of old age

BENJAMIN ONG  |  THURSDAY, 18 OCT 2018
... number judged that it would be necessary to temporarily raise the federal funds rate above their assessments of its longer-run level in order to reduce the risk of a sustained overshooting of the Committee's 2 percent inflation objective or the risk ...

Super funds excel in reporting obligation

KARREN VERGARA  |  TUESDAY, 16 OCT 2018
Nearly all large superannuation funds are fulfilling reporting obligations to a "high standard," the ATO's latest diagnostic reports show. In its fourth year running, the 2017 Risk Differentiation Framework (RDF) report found APRA-regulated funds successfully ...