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Showing 141 - 150 of 472 results for "Article 50"

Fee discounts harder for active ETFs

KANIKA SOOD  |  TUESDAY, 18 JUN 2019
High net worth financial advisers may be reluctant to allocate to active ETFs because of the cost benefits on offer with unlisted trusts. Active ETFs account for just $3 billion of Australia's total $47 billion invested through exchange-traded products. ...

Shock win leaves investors worse off

HARRISON WORLEY  |  MONDAY, 3 JUN 2019
Investors who chose to rebalance their portfolios in anticipation of a Labor victory in the Federal election now find themselves at a critical junction: to revert to an Australian equity focus or accept a more balanced portfolio that rejects excess ...

SSGA launches four model portfolios

KARREN VERGARA  |  THURSDAY, 30 MAY 2019
State Street Global Advisors will launch a suite of multi-asset ETF model portfolios that aim to meet financial advisers' demand for low cost and easy to implement solutions. The portfolios fall into two investment strategies: State Street Risk-Based ...

Chief economist update: Currency manipulators beware

BENJAMIN ONG  |  MONDAY, 27 MAY 2019
As if the world hasn't had enough of the overhanging pall engendered by lingering trade tensions, US President Trump is about to raise the stakes and expand the scope to currency manipulators. This I learned from The New York Times (NYT) on May ...

Lifecycle fails to woo industry super

KANIKA SOOD  |  MONDAY, 20 MAY 2019
Six years after the first lifecycle MySuper products hit the shelves, industry superannuation funds have trailed behind the retail sector in terms of adoption. Only five industry funds ditched their single strategy MySuper product for a lifecycle option ...

Chief economist update: RBA refused to blink in May

BENJAMIN ONG  |  WEDNESDAY, 8 MAY 2019
Nothing. Nada. Zilch. Despite high expectations that it would leading up to its May Board meeting, the Reserve Bank of Australia (RBA) didn't only NOT cut the official cash rate - it kept it unchanged at a record low 1.5% - it also maintained its ...

Super, life risk face election test

HARRISON WORLEY  |  MONDAY, 6 MAY 2019
Superannuation is in the firing line once again as Australia prepares to head to the polls, with industry stakeholders calling for greater certainty over the future of superannuation reform. Campaigning in the lead up to the Federal election has once ...

Superannuation mergers strike oligopoly fears

KARREN VERGARA  |  TUESDAY, 23 APR 2019
Concern the superannuation industry will become an oligopoly like the banking sector is being fuelled by the regulators' new powers and increased funding, specifically aimed at forcing underperforming funds to merge or shut down. Of the $400 million ...

ANZ dismisses alleged job cuts

KARREN VERGARA  |  THURSDAY, 18 APR 2019
ANZ has denied reports it will cut 8000 jobs over the next three years. This was in response to an article from The Australian stating it obtained board discussions of executives that "canvassed reducing the bank's workforce by almost 20,000 to ...

FSU seeks transparency on CBA job cuts

KARREN VERGARA  |  TUESDAY, 16 APR 2019
Commonwealth Bank is under pressure to disclose the extent of its planned job cuts across its branches and technology division, alleged to affect 10,000 employees. The Financial Sector Union said it wrote to CBA chief executive Matt Comyn asking to ...