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Showing 1741 - 1750 of 9740 results for "Major"

Pandemic boosts financial sector's engagement

KARREN VERGARA  |  FRIDAY, 23 APR 2021
... finance employees, working across banking, insurance, exchanges and brokerage, said they experienced between one or two more major workplace changes in the last year. One noticeable change is the increased reliance on technology, the report read. Many ...

Adviser numbers at five-year low

KARREN VERGARA  |  FRIDAY, 23 APR 2021
... Perpetual WealthFocus (5992), Asgard (5477) and BT Wrap (5208) make up the top five most-used platforms. Outside of the major platforms, Netwealth owns the biggest market share at 2.5% with 2371 advisers, while HUB24 has 1790 advisers and a 1.9% market ...

Schroders buys stake in debt manager

KANIKA SOOD  |  THURSDAY, 22 APR 2021
Schroders will buy 50.1% of commercial real estate lender RF Eclipse Limited, which currently manages about $300 million for Schroders. RF Eclipse is owned by RF Group, the family office of Andrew Roberts, former majority shareholder of Multiplex property ...

Pandemic spurs advice, insurance rethink

KARREN VERGARA  |  WEDNESDAY, 21 APR 2021
The COVID-19 pandemic has forced many Australians to review their life insurance cover and seek the help of a financial adviser. This is according to the annual MetLife Adviser-Client Relationship Report, which reveals that over 40% of the participants ...

Latitude IPOs despite spotted past

ELIZABETH MCARTHUR  |  WEDNESDAY, 21 APR 2021
Latitude Financial has listed on the ASX on its third attempt with a market valuation of $2.7 billion, despite its past controversies. The company successfully listed yesterday, with one billion shares offered at $2.60 at the time of float before the ...

Foreign capital driving property market: RCA

ANNABELLE DICKSON  |  WEDNESDAY, 21 APR 2021
... means the depth of administered capital is high in the market and vice versa," he said. "What we saw last year was that all major markets in Australia (minus Perth) managed to stay above previous lows. When you look at other markets across the world ...

Afterpay reveals US plans, economic impact

JAMIE WILLIAMSON  |  WEDNESDAY, 21 APR 2021
... up 277%. Overall, group sales were up 100% on the prior corresponding period. At the same time Afterpay announced several major brands will now offer Afterpay in Canada. Retailers including Urban Outfitters, lululemon, Pandora and Shiseido will begin ...

Challenger to change annuity pricing

KANIKA SOOD  |  TUESDAY, 20 APR 2021
Challenger posted record life sales but warned investors of lower FY21 profits, as tighter credit spreads force it to change annuity pricing. The life business, which includes annuities and other products such as Challenger Index Plus, saw $1.37 billion ...

Chief economist update: Copper 10,000

BENJAMIN ONG  |  TUESDAY, 20 APR 2021
... clots). The rally in copper prices has also been driven by the US dollar's depreciation. The US dollar index (versus major currencies) has now fallen by 11.4% from the 17-year high it recorded in March last year - which, itself, suggests greater ...

Bernie Madoff dies in prison

ELIZABETH MCARTHUR  |  THURSDAY, 15 APR 2021
... May 2020, Madoff's life expectancy was 18 months. The US Securities and Exchange Commission (SEC) had conducted five major investigations into Madoff, dating back to 1992, but had failed to find evidence of his fraud for over a decade. Madoff was ...