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Showing 181 - 190 of 548 results for "Term deposit"

High profile adviser under fire

JAMIE WILLIAMSON  |  THURSDAY, 26 APR 2018
... account she held with another organisation. "I might interpose that that obviously hadn't been examined as it was a term deposit and couldn't be sold down at that point in time," McKenna told the Commission. The inappropriateness of the advice was brought ...

XTB launches ESG fixed income portfolio

KANIKA SOOD  |  MONDAY, 23 APR 2018
The $265 million fixed income securities manager has launched a fixed income portfolio of ESG securities, with an absolute return objective of 1% above the cash rate. The XTB emerald fixed income portfolio is a managed portfolio of individual bond units ...

SMSFs ceding ground to direct investors in the ETF market

ALEX BURKE  |  WEDNESDAY, 14 MAR 2018
Direct investors' share of the ETF market is increasing, largely driven by a growing interest from the millennial contingent, according to Investment Trends and BetaShares research. The research found that while SMSF investors remain a key market for ...

Advisers cautious over fixed income allocations

DARREN SNYDER  |  THURSDAY, 22 FEB 2018
The $600 billion sitting in Australian term deposits tells a story that financial advisers and investors still treasure cash and there's apprehension to move money into once defensive fixed income assets. J.P. Morgan global market strategist for Australia ...

Perennial to launch active income ETF

ALEX BURKE  |  THURSDAY, 15 FEB 2018
Perennial is launching an exchange-traded managed fund (ETMF) aimed at delivering a stable monthly income stream. The eInvest Income Generator Fund (ASX: EIGA) will invest in a portfolio of 30-35 Australian companies and, according to Perennial managing ...

Morrison unveils open banking framework

KARREN VERGARA  |  MONDAY, 12 FEB 2018
The Federal Government's final report into open banking details 50 recommendations on how the new regime can succeed and ultimately empower consumers. Last week, Treasurer Scott Morrison unveiled a list of proposals covering the regulatory framework ...

Former QIC director joins FIIG

KARREN VERGARA  |  FRIDAY, 9 FEB 2018
FIIG Securities has appointed a former QIC director to help the fixed income specialist's growth and direction. Stephen Mackie joins FIIG Securities' Brisbane office as the director of fixed income. He joins from QIC where he was a director and an investment ...

SuperConcepts ramps up digital transformation

KARREN VERGARA  |  WEDNESDAY, 17 JAN 2018
SuperConcepts has undertaken a digital transformation strategy to fundamentally redesign the foundations of the business, says its chief technical officer. The self-managed super funds (SMSF) software and services provider announced it consolidated ...

SMSFs continue rise

EMMA RAPAPORT  |  WEDNESDAY, 6 DEC 2017
Self-managed superannuation funds are on the rise according to figures released by the Australian Taxation Office. The 2017 Statistical Report reveals the total number of SMSFs in operation has increased to almost 600,000 with 23,508 accounts added ...

SuperConcepts launches admin tool

KARREN VERGARA  |  TUESDAY, 28 NOV 2017
SuperConcepts has launched an administrative tool to help self-managed super fund (SMSF) members oversee investments more efficiently. Connected Services gives members greater visibility and faster access to assets, in addition to bank accounts, term ...