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Showing 1601 - 1610 of 5336 results for "Third"

Advice dealer group shutters

HARRISON WORLEY  |  FRIDAY, 31 MAY 2019
... months after Freedom announced it would cease all operations. The firm agreed to sell its policy administration business to a third party - later revealed to be Genus Life Insurance Services - for $5 million to help ensure it could pay remaining remediation ...

New tax-effective Aussie shares fund

KANIKA SOOD  |  THURSDAY, 30 MAY 2019
... the investment bond structure because all investors are subject to the same tax regime," Cappetta said. The firm uses a third-party portfolio optimiser and has built proprietary software around it. The strategy is classified as low risk active with a ...

Melbourne advisory launches MDA

HARRISON WORLEY  |  THURSDAY, 30 MAY 2019
Third-party managed discretionary account provider Philo Capital Advisers launched an MDA service with a Melbourne-based advisory. Strategic Wealth linked with Philo Capital Advisers to implement an MDA service featuring BT Panorama, investment consulting ...

Kapstream looks to Chi-X for active ETF

KANIKA SOOD  |  MONDAY, 27 MAY 2019
... business Fidante Partners which will launch the ETF under its ActiveX brand. Kapstream's product will likely be the third actively-managed fixed income ETF in Australia and the first to list on Chi-X. Last year, another Fidante boutique Ardea Investment ...

Chief economist update: It'll hurt me more than it hurts you

BENJAMIN ONG  |  FRIDAY, 24 MAY 2019
... said. "Flash Services PMI down 2.1 points to 50.9 (est. 53.0). Slowest expansion since Mar-16. New order growth slowed for third-straight months, while employment growth fell to 25-month low. Initial claims down 1K to 211K (est. 215K). New home sales ...

Clients demand multiple advisers: Report

KARREN VERGARA  |  THURSDAY, 23 MAY 2019
... why Australians are not leaving their financial advisers solely based on price. Over the next three years, more than one third of clients plan to switch advisers. The adviser's reputation and servicing capabilities in areas such as advisory services ...

Chief economist update: RBA to take rates to fresh record low

BENJAMIN ONG  |  WEDNESDAY, 22 MAY 2019
... servants' annual pay growth decelerated to 2.4% in the March quarter from 2.5% - down again from 2.6%, in the fourth and third quarters of last year, respectively. This doesn't bode well for inflation. Recall Glenn Stevens' declaration when ...

Chief economist update: Devilish details

BENJAMIN ONG  |  TUESDAY, 21 MAY 2019
... growth accelerated to 0.5% in the first quarter of 2019 from 0.4% in the December 2018 quarter and a 0.6% contraction in the third quarter of last year. This is a surprising result compared to market expectations for the economy to contract by 0.1% The ...

Super funds to dominate ASX: Research

KARREN VERGARA  |  FRIDAY, 17 MAY 2019
... Rainmaker estimates that super funds hold more than 20% of the banking sector. Including SMSFs, this figure jumps to one third. The top 10 most popular companies among super funds are: CSL, NAB, Westpac, ANZ, BHP, CBA, Westfarmers, Macquarie Group, Woolworths ...

YBR overhauls wealth arm

KARREN VERGARA  |  FRIDAY, 17 MAY 2019
... and provide wealth advice to their existing and future clients - it would be done under a separate AFSL with one or more third parties, Bouris said. "Going forward, the cost of maintaining YBR's AFSL and associated compliance functions and liabilities ...