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Showing 1881 - 1890 of 8418 results for "Big"

Chi-X forced to be client of competition

ELIZABETH MCARTHUR  |  MONDAY, 4 NOV 2019
Disrupter stock exchange Chi-X has revealed it is forced to be a client of its competition - the ASX. The ASX currently has a monopoly when it comes to clearances and settlements in Australia. Chi-X chief operating and technology officer Mike Aikins ...

Chief economist update: Good news is good news

BENJAMIN ONG  |  MONDAY, 4 NOV 2019
... appears to be getting back up too. The Caixin China manufacturing PMI rose from 51.4 in September to 51.7% in October. No big deal given the quantum of increase but a big one given that it marks the strongest reading since February 2017 and is better ...

Super investment menus not what they seem: Rice Warner

ELIZABETH MCARTHUR  |  FRIDAY, 1 NOV 2019
... supply side, he added. "While the freedom to choose is always a good thing, for super funds, so much choice has come at a big cost. It pushes up their administration costs, makes their fund communications much more complicated and makes it harder for ...

Consumers trust super funds about as much as banks

ELIZABETH MCARTHUR  |  WEDNESDAY, 30 OCT 2019
... Super shows superannuation fund members place about as much trust in their fund to act in their best interests as they do the big banks. According to Qantas Super, 60% of Australians trust their super fund to act in their best interests. Meanwhile, 54% ...

Chief economist update: Arrivederci Signor Draghi

BENJAMIN ONG  |  WEDNESDAY, 30 OCT 2019
... fanfare. The ECB kept monetary policy settings unchanged at its October 24 meeting. This is to be expected after it announced a big one (so far) a month prior (in September), where Mario's parting gift to the Eurozone economy and financial markets ...

VanEck launches new fixed income ETF

KANIKA SOOD  |  TUESDAY, 29 OCT 2019
VanEck will tomorrow list a new fixed income ETF that capitalises on APRA's expanded capital requirements for big banks, to deliver investors yield north of 2%. The VanEck Vectors Australian Subordinated Debt ETF (ASX: SUBD) will hold a portfolio of ...

Growing advice group in commissions fight

ELIZABETH MCARTHUR  |  THURSDAY, 24 OCT 2019
... advice to consumers." He pointed to recent movements in bank-aligned financial advisers as evidence of how some of Australia's big banks stand to benefit from the raft of reforms facing the advice industry. "If the banks have not been cynical enough ...

AMP Capital boosts Asia presence after record raise

ELIZABETH MCARTHUR  |  THURSDAY, 24 OCT 2019
... and some sovereign wealth funds. "That's the ultimate, from my perspective, managing money on behalf of a country is a very big responsibility," Keary said. "We actually have a number of sovereign wealth clients across Asia and government pension plans ...

Westpac takes $1 billion profit hit

ELIZA BAVIN  |  THURSDAY, 24 OCT 2019
... the Advice operations (which were wound down during the year) have been moved to Group Business. Westpac is the last of the big four to announce further customer remediation costs following the fallout from the Royal Commission. ANZ saw remediation costs ...

Super fund adviser numbers swell

KANIKA SOOD  |  TUESDAY, 22 OCT 2019
Superannuation funds have added about 250 directly employed advisers in the three years to March, with State Super in the lead, according to Rainmaker Research. The super industry now directly employs 969 registered advisers, up from 713 advisers at ...