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Showing 2081 - 2090 of 4897 results for "Alex"

Micro-investment app hits 100,000 users in Australia

ALEX BURKE  |  MONDAY, 25 JUL 2016
Over 100,000 users have signed up to micro-investment savings app Acorns following its Australian debut six months ago. The app, which gives users the opportunity to "round up" individual purchases - a $3.50 coffee, for example, becomes $4 - and invest ...

Court dismisses AMP appeal for China fund EGM

ALEX BURKE  |  MONDAY, 25 JUL 2016
The Court of Appeal has dismissed AMP Life's appeal in relation to its voting rights at the AMP Capital China Growth Fund (AGF) extraordinary general meeting this Thursday. The Supreme Court had previously decided that AMP Life, which holds roughly ...

Economic Wrap

ALEX DUNNIN  |  MONDAY, 25 JUL 2016
China's GDP to grow 56% by 2021 Total world GDP is estimated to be A$99 trillion this year, according to the Statistics Times news service. The US as expected is ranked number one accounting for 25% of global economic output, followed by China on 15% ...

Economic Wrap

ALEX DUNNIN  |  FRIDAY, 22 JUL 2016
NZ to require home buyers to have 40% deposit In response to surging New Zealand property prices, NZ banks have tightened the screws on buyers by decreasing the maximum loan-to-valuation ratios. Industry regulations require buyers to have 30% deposit ...

Millennials getting personal with ANZ robo-adviser

ALEX BURKE  |  FRIDAY, 22 JUL 2016
Millennials were more interested in asking ANZ's IBM Watson-powered robo-adviser whether it was married to Siri than getting insurance information, according to ANZ Group Innovation channel development manager Jeanette Cheah. Speaking on a panel at ...

Focus on older men will kill financial planning

ALEX BURKE  |  FRIDAY, 22 JUL 2016
The over-representation of over-50 men in financial advice spells doom for the industry, according to Affinia head Marcus O'Sullivan. Commenting on a panel at the 2016 FSC Leaders Summit in Melbourne, O'Sullivan said the severe lack of diversity in ...

Diversity isn't going to a Chinese restaurant: PwC

ALEX BURKE  |  FRIDAY, 22 JUL 2016
Diversity in corporate governance means more than the board of directors going to a Chinese restaurant now and then, according to PwC partner Ken Woo. Speaking on a diversity panel at the 2016 FSC Leaders Summit in Melbourne, Woo acknowledged a natural ...

"We were wrong about super": FSC chair

ALEX BURKE  |  THURSDAY, 21 JUL 2016
The superannuation system was sold incorrectly to Australians, according to the Financial Services Council's new chair Geoff Lloyd. Speaking on a panel at the 2016 FSC Leaders Summit in Melbourne, Lloyd said: "The industry was wrong to sell super as ...

Treasurer ignored credit warnings: Bowen

ALEX BURKE  |  THURSDAY, 21 JUL 2016
Shadow Treasurer Chris Bowen said Treasurer Scott Morrison ignored his warnings that Australia was in danger of losing its AAA credit rating. At the 2016 FSC Leaders Summit in Melbourne, Bowen said that the Coalition has repeatedly ignored warnings ...

Fund assets surge while market shrinks: FSC/Morningstar

ALEX BURKE  |  THURSDAY, 21 JUL 2016
Assets held in Australian funds have almost doubled since 2005 even though the amount of active funds is steadily decreasing, according to new research by the Financial Services Council and Morningstar. The new FSC/Morningstar report, released during ...