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Showing 1851 - 1860 of 5336 results for "Third"

HSBC quietly exits financial advice

KARREN VERGARA  |  THURSDAY, 5 JUL 2018
... said it will continue to hold customers' existing investments or insurance products, all of which are provided through third parties. "There is no risk to existing policies or investments," it said. According to ASIC's AFSL register, HSBC had ...

Macquarie axes grandfathered commissions

JAMIE WILLIAMSON  |  WEDNESDAY, 4 JUL 2018
... payments. The group clarified its decision has no impact on independent advisers currently receiving grandfathered payments via third-party channels such as Macquarie platforms. Macquarie said the decision forms part of its ongoing transformation strategy ...

Chief economist update: US inflation hits target

BENJAMIN ONG  |  MONDAY, 2 JUL 2018
... up" - personal spending increased by a mere 0.2% in the month of May (the weakest since February's 0.1% fall and the third straight month of slowing) from 0.5% in April. This suggests another small contribution from the biggest contributor to US ...

Catholic Super backs Modern Slavery Act

KANIKA SOOD  |  FRIDAY, 29 JUN 2018
... investment option has returned 6.6% over 10 years, 9.55% over five years, 9.11% over one year. In April, Catholic Super jumped to third spot in Roy Morgan customer satisfaction ratings. The Modern Slavery Act requires 3000 companies with annual turnover ...

Qualitas creates LIT, enters retail market

DARREN SNYDER  |  FRIDAY, 29 JUN 2018
... Qualitas' investor make-up has included about two-thirds from institutional investors, predominantly from overseas, and one-third from high-net-worth individuals or family offices. It currently runs eight private debt funds - unlisted and closed ...

Chief economist update: It's always slow in America in Q1

BENJAMIN ONG  |  FRIDAY, 29 JUN 2018
The third and final estimate of US GDP growth showed the economy grew at an annualised rate of 2% in the first quarter of 2018. This is lower than market expectations and would be unchanged from the second estimate's 2.2% rate. While the slight ...

Younger advisers drive digital client engagement

KARREN VERGARA  |  WEDNESDAY, 27 JUN 2018
... choice based on satisfaction, followed by CFS FirstChoice. AdviserLogic leads in planning software satisfaction for the third year running. Aside from the traditional face-to-face client review meetings and regular check-up over the phone, financial ...

Chief economist update: Chinese dragon now a bear

BENJAMIN ONG  |  WEDNESDAY, 27 JUN 2018
... The year-on-year growth in industrial production eased to 6.8% in May from April's 7%; Retail spending slowed for a third consecutive month to 8.5% in May from 9.4% in April and 10.1% in March. But while that prickly external account showed that ...

PC puts spotlight on lifecycle super products

KARREN VERGARA  |  MONDAY, 25 JUN 2018
The Productivity Commission said on its third and final day of hearings in Brisbane it will scrutinise the competitiveness and efficiency of lifecycle and retirement income products in its review of the superannuation system. Productivity Commission ...

Hermes launches carbon ESG tool

KANIKA SOOD  |  THURSDAY, 21 JUN 2018
... 3 emissions. Second, it will calculate the profit at risk for a fund for different carbon pricing and policy scenarios. Third, it will identify companies with which carbon-focused engagement should be initiated or intensified. Lastly, it will also gauge ...