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Showing 1831 - 1840 of 5241 results for "Money101"

CBA ramps up blockchain

KANIKA SOOD  |  FRIDAY, 26 OCT 2018
Commonwealth Bank is close to completing more blockchain projects, after it delivered the world's first blockchain bond with World Bank in August. Speaking at SIBOS, Sophie Gilder who is CBA's head of experimentation and commercialisation for ...

RBA calls for more innovation

KANIKA SOOD  |  FRIDAY, 26 OCT 2018
... in a more palatable or digestible way to the customers or might be to coordinate the movement of assets with movement of money -- which FSS obviously plays a key role in." Johnston said this innovation might be to develop apps or central pieces of infrastructure ...

Beware the fintech Ponzi scheme

MICHELLE BALTAZAR  |  FRIDAY, 26 OCT 2018
Not to rain on the fintech parade but financial advisers and investors in Australia must stay alert against Ponzi schemes posing as P2P platforms. In a paper released by the SWIFT Institute titled "Quo Vadis? A comparison of the fintech revolution in ...

Magellan boosts retail push for Airlie

KANIKA SOOD  |  THURSDAY, 25 OCT 2018
Magellan is close to listing an Australian equities strategy from its recent acquisition of Airlie Funds Management as part of a bid to bring more retail money to the former insto-only strategy. Exchange-traded units of the Airlie Australian Share Fund ...

Young Aussies set lofty retirement goals

KARREN VERGARA  |  WEDNESDAY, 24 OCT 2018
Australian millennials are aiming to retire comfortably at 50 with $5 million in their nest egg, a new survey shows. Trading platform Stake surveyed 506 Australians and those aged between 18 and 34 said investing in US stocks will help make their goals ...

Advice firm ramps up managed accounts play

JAMIE WILLIAMSON  |  WEDNESDAY, 24 OCT 2018
A Sydney-based financial advice firm has added a dedicated business development role to meet growing demand for its managed accounts solution. Stanford Brown has appointed Phil Anderson to spearhead the marketing of its Lunar Managed Accounts, working ...

IFM Investors expands to Switzerland

KANIKA SOOD  |  TUESDAY, 23 OCT 2018
The $113 billion money manager has opened its third European office to service its large investor base in the region. It has also appointed a manager for the new Zurich-based office. IFM Investors already manages about $710 million on behalf of Swiss ...

Former Australian cricket captain in crypto fail

JAMIE WILLIAMSON  |  TUESDAY, 23 OCT 2018
The cryptocurrency venture once supported by a former Australian cricket captain has folded. Brisbane-based start-up Global Tech was in the midst of an Initial Coin Offering which it says has now ceased in accordance with ASIC requirements. The cryptocurrency ...

Pension fund manager siphons $2m

JAMIE WILLIAMSON  |  FRIDAY, 19 OCT 2018
The interim head of pensions and investments at an international pension fund was convicted of fraud after he abused his position and stole close to $2 million in retirement savings. Former Westminster City Council pension fund manager Ian Woodall was ...

ASIC moves on Dollarmites

HARRISON WORLEY  |  FRIDAY, 19 OCT 2018
ASIC is set to review banking and financial literacy programs in Australian primary schools, including Commonwealth Bank's recently criticised Dollarmites program. ASIC said school banking programs are supposed to educate young Australians about the ...