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Showing 1801 - 1810 of 4013 results for "Accounts"

Cromwell operating profit up 3pct, trims distributions

KANIKA SOOD  |  THURSDAY, 23 AUG 2018
... conscious that this represents dollars and cents that would have otherwise been sitting in security holder's bank accounts," Weightman said. "We will work very hard to take some of those funds to drive future operating earnings growth and total shareholder ...

Macquarie Wrap adds Vanguard SMAs

JAMIE WILLIAMSON  |  WEDNESDAY, 22 AUG 2018
Vanguard's range of diversified managed accounts strategies are now available via Macquarie's Wrap platform. Targeting the growing number of financial advisers adopting managed accounts, Vanguard ETFs will predominantly be used to implement the asset ...

Discriminatory bank regulation hits super savings

JAMIE WILLIAMSON  |  WEDNESDAY, 22 AUG 2018
The interest rate paid by banks on short-term deposits in superannuation fund accounts is significantly lower than similar deposits made by SMSFs, and new research estimates as much as $1 billion is being lost in potential retirement savings. According ...

Global equities fund purges tobacco, fossil fuels

KANIKA SOOD  |  FRIDAY, 17 AUG 2018
... Today's announcement follows from last year, when Vontobel started to exclude tobacco from customised segregated accounts. All investors in Vontobel's $298 million global equity fund are institutional investors. The manager did not confirm when ...

ANZ grilled over Smart Choice sales

JAMIE WILLIAMSON  |  THURSDAY, 16 AUG 2018
... and so they are offering that information. But you're right; ultimately the bank is looking to open those kinds of accounts," Pankhurst replied. Hodge suggested ANZ is indifferent as to whether the product is in the best interests of the customer. ...

Entertainment spend retains members: Hostplus

KARREN VERGARA  |  WEDNESDAY, 15 AUG 2018
... executive David Elia took to the witness stand on the issues of substantiating corporate expenses and multiple member accounts. Elia gave evidence yesterday before counsel assisting Eloise Dias and justified the reason why it spends $260,000 per year ...

Customer data protections progress

DARREN SNYDER  |  WEDNESDAY, 15 AUG 2018
... Data Right will mean customers can direct their information to be shared - including information relating to deposit accounts, debit and credit cards, mortgages, personal and business loans and transaction accounts. The Australian Competition and Consumer ...

Chief economist update: Emerging markets feel the heat as Turkey burns

BENJAMIN ONG  |  TUESDAY, 14 AUG 2018
... funding exposure." France's BNP Paribas owns 72% of the Economy Bank of Turkey (TEB), which Deutsche Bank estimates accounts for "around 2.5% of BNP Paribas' pre-tax profit. In a worst case scenario, the banking group would lose 1.7% of its net ...

Praemium revenues inching towards $50m mark

KANIKA SOOD  |  MONDAY, 13 AUG 2018
... previous year, buoyed by new client wins and funds pouring in from its Australian and international businesses. The managed accounts provider generated $43 million in revenues for the year ending June 2018, up 22% over the previous year. All of its activities ...

Royal Commission on social media: Former Treasurer weighs in

HARRISON WORLEY  |  FRIDAY, 10 AUG 2018
... commentators took to twitter to have their say. The Royal Commission into banking is correct... having multiple super accounts may mean paying way too much in insurance and fees. Apathy will mean that you won't take action...or will you? - Alan Perrott ...