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Showing 161 - 170 of 548 results for "Term deposit"

J.P. Morgan cuts management fees

KARREN VERGARA  |  TUESDAY, 4 JUN 2019
J.P. Morgan Asset Management Australia has slashed management fees on all bond funds by nearly a third. From 1 June 2019, management fees for the following bond funds have been reduced: JPMorgan Global Strategic Bond Fund - from 0.60% to 0.40%; JPMorgan ...

Rising costs outpace retiree savings

KARREN VERGARA  |  FRIDAY, 24 MAY 2019
The savings of retirees can't keep up with the skyrocketing costs of goods and services, a retirement index shows. The Association of Superannuation Funds of Australia's Retirement Standard for the March quarter estimates retired couples need ...

NAB sells fund administration business

HARRISON WORLEY  |  MONDAY, 20 MAY 2019
... up NAB's managed funds services business, Ausmaq. Deutsche Borse has acquired the specialist managed funds and term deposit administrator through its international central securities depository subsidiary, Clearstream. The move will see Clearstream ...

SMSF gender gap reduces over time

HARRISON WORLEY  |  TUESDAY, 7 MAY 2019
... report also showed SMSFs don't waste time when it comes to investing. In their first year, SMSFs start with cash and term deposit allocations of around 36%. However, after just a year that figure drops to roughly 22%, and with capital redeployed into ...

Perpetual raising $440m for credit trust

KANIKA SOOD  |  MONDAY, 25 MAR 2019
Perpetual has opened an offer to raise $150-$400 million for an actively-managed portfolio of credit and fixed income assets. The Perpetual Credit Income Trust (ASX: PCI) has met its $150 million minimum from indicative bids, the manager said. It has ...

ETP provider fined for misleading promos

JAMIE WILLIAMSON  |  THURSDAY, 7 FEB 2019
... misleading as the risks involved in XTB investments are not equivalent to or substantially the same as that in a term deposit. Investments in a term deposit of up to $250,000 are protected by the Australian Government's guarantee for Authorised Deposit ...

Mercer names platform provider for direct super investments

JAMIE WILLIAMSON  |  THURSDAY, 31 JAN 2019
An ASX-listed investment platform and fund administrator will provide member direct investing capabilities to Mercer's clients and superannuation members. The wealth giant is partnering with OneVue for Mercer Direct, its direct investment offering for ...

Legalsuper expands member services arm

KARREN VERGARA  |  THURSDAY, 17 JAN 2019
Legalsuper created two new senior managerial roles to help service its 44,000 member base. Noel Hucker was appointed manager of member service for the northern region to manage teams in Queensland, Northern Territory, New South Wales and the Australian ...

Advice dealer group, fintech align

JAMIE WILLIAMSON  |  MONDAY, 7 JAN 2019
... with an innovative investment platform. Advisers licensed by Elders Financial Planning can now access Cashwerkz, a term deposit administration service and cash management platform. Advice clients can access current term deposit rates across a wide range ...

Advice firm runs rule over Labor policy

DARREN SNYDER  |  FRIDAY, 7 DEC 2018
... the advantage will be diminished, growth assets will still provide some tax advantages over income assets - such as term deposit and bonds - with the reduced discount of 25%." He says investment ownership structures will become even more important with ...