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Showing 141 - 150 of 546 results for "Term Deposit"

Industry digs deep amid bushfire crisis

ELIZABETH MCARTHUR  |  MONDAY, 6 JAN 2020
The financial services industry is supporting bushfire victims and volunteer firefighters however possible, as Australia is gripped by a bushfire crisis that has seen many lose their lives. The big banks were amongst the first businesses in the country ...

Best of times, worst of times for advice

ELIZABETH MCARTHUR  |  FRIDAY, 22 NOV 2019
At a roundtable yesterday talk turned to the current state of the financial advice industry and the opportunities that exist alongside the challenges. Stephen Miller, adviser at GSFM, pointed out: "The whole regulatory landscape as a consequence of ...

Sydney boutique heads for Chi-X

KANIKA SOOD  |  WEDNESDAY, 13 NOV 2019
A boutique founded by former Kapstream portfolio manager is gearing up to list three strategies as ETFs on Chi-X. Daintree Capital has partnered with distributor eInvest to list the funds. They will have three risk profiles and return targets of 0.5% ...

Industry fund offers bonus on income streams

KANIKA SOOD  |  THURSDAY, 31 OCT 2019
... it. While some use it to pay down debt - the mortgage or credit cards - a significant proportion put cash into a term deposit or bank account - the "rainy day" contingency," he said. "With no exposure for growth, this is really a disastrous move for ...

VanEck launches new fixed income ETF

KANIKA SOOD  |  TUESDAY, 29 OCT 2019
VanEck will tomorrow list a new fixed income ETF that capitalises on APRA's expanded capital requirements for big banks, to deliver investors yield north of 2%. The VanEck Vectors Australian Subordinated Debt ETF (ASX: SUBD) will hold a portfolio of ...

No one reads the PDS: ASIC

ELIZABETH MCARTHUR  |  TUESDAY, 15 OCT 2019
ASIC is calling time on the financial services industry's reliance on disclosure as the default consumer protection, saying it enables poor conduct and poor consumer outcomes. The regulator said disclosures have been assumed to inform consumers to make ...

Advice associations slammed

JAMIE WILLIAMSON  |  THURSDAY, 3 OCT 2019
An industry group has lashed out at the Association of Financial Advisers and the Financial Planning Association of Australia, labelling them conflicted and driven by self-interest. The United Financial Advisers Association (formerly known as the Life ...

Calls for better drawdown rules

ELIZA BAVIN  |  WEDNESDAY, 25 SEP 2019
Over the next decade the number of retired Australians over 65 is projected to grow from four million to seven million, sparking calls from Willis Towers Watson for better drawdown rules to ensure retirees aren't being too conservative with their ...

Boutique launches new fund

KARREN VERGARA  |  MONDAY, 26 AUG 2019
A boutique fund manager has launched a new income fund that provides an alternative to low-yielding cash and term deposits. Prime Value's Diversified High Yield Fund, which launched on August 1, aims to provide investors with a return of 4% per ...

Low inflation rate masks rising living costs woes

KRISTI CHENG  |  TUESDAY, 13 AUG 2019
While the overall inflation rate has been low, retirees are seeing a "steep" increase in the cost of basic items, according to the Association of Superannuation Funds of Australia. In ASFA's latest Retirement Standard, it found over the year to June ...