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Showing 161 - 170 of 544 results for "Term deposit"

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 ...

SMSFs seek offshore diversification

JAMIE WILLIAMSON  |  WEDNESDAY, 26 SEP 2018
SMSF investment in international managed funds, ETFs and direct shares continues to climb as exposure to cash and term deposits drops. Latest analysis from SuperConcepts shows allocations to international investments rose by 1.3% in the 12 months to ...

Contrarian manager enters super sector

DARREN SNYDER  |  MONDAY, 17 SEP 2018
Operating and investing in Australia for more than a decade, a contrarian asset manager is introducing superannuation and retirement investment solutions to the local market. White-labelling the OneVue wholesale platform, Allan Gray Australia is offering ...

SMSFs outperforming MySuper: Research

KARREN VERGARA  |  FRIDAY, 14 SEP 2018
The self-managed super fund sector outperformed MySuper returns for the third consecutive month, latest SuperGuard 360 data shows. SMSF performance, as represented by the SG360 SMSF Reference Index, delivered 10.5% per annum (before fees and tax) in ...

AMP, CBA respond to record class action bid

JAMIE WILLIAMSON  |  WEDNESDAY, 12 SEP 2018
AMP and Commonwealth Bank have responded to Slater and Gordon's announcement of a potential class action which could see the two parties forced to repay more than $500 million that was unfairly deducted from superannuation fund accounts. Launching ...