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Showing 2111 - 2120 of 6257 results for "December 19"

Young advisers key to business sustainability

JAMIE WILLIAMSON  |  WEDNESDAY, 17 OCT 2018
The highest performing financial services firms are those that are more likely to hire younger advisers, according to new research. Macquarie's second bi-annual AFS Benchmarking Report shows that more than 55% of high performing firms are hiring younger ...

Chief economist update: When QE turns to QT

BENJAMIN ONG  |  TUESDAY, 16 OCT 2018
There's no shortage of rationales explaining the on-going heightened volatility on Wall Street. Throw a dart into a dartboard of reasons and you'll likely to hit a rational one - rising US bond yields, expectations of a more aggressive Fed ...

FPA appoints new chair, director

KANIKA SOOD  |  FRIDAY, 12 OCT 2018
The Financial Planning Association has chosen a board member to chair its board. Marisa Broome will move into the role when current chair Neil Kendall's term concludes in November. She has worked in the financial services industry for over three decades ...

Chief economist update: It wasn't me, it's the Fed

BENJAMIN ONG  |  FRIDAY, 12 OCT 2018
"The Fed is going wild. The problem in my opinion is Treasury and the Fed. The Fed is going loco and there's no reason for them to do it. I'm not happy about it." This was US president Donald Trump's take on the previous day's slump ...

ASIC delays adviser reporting deadlines

KARREN VERGARA  |  THURSDAY, 11 OCT 2018
ASIC has delayed reporting dates relating to the professional standard reforms for financial advisers. On 1 August 2018, ASIC announced existing financial advisers that don't appear on its Financial Adviser Register (FAR) will be forced to complete ...

ASIC appeal convicts former CBA planner

KARREN VERGARA  |  THURSDAY, 4 OCT 2018
ASIC has successfully helped convict a former CBA financial planner on appeal. ASIC, together with the Commonwealth Director of Public Prosecutions (CDPP), appealed the sentence of former Commonwealth Financial Planning adviser Ricky David Gillespie. ...

Chief economist update: That other Fed policy towards normalcy

BENJAMIN ONG  |  THURSDAY, 4 OCT 2018
Latest data updates indicate that the US economic juggernaut continues to power on. The ISM non-manufacturing index shot up from 58.5 in August to a higher than expected 61.6 in September - its highest level on record. In addition, the ADP private sector ...

NZ Super Fund delivers 12.4pct, braces for future

KANIKA SOOD  |  TUESDAY, 2 OCT 2018
The NZ Super Fund delivered 12.43% in FY18, beating its passive reference portfolio benchmark by 2.02% and is now bracing for a changing economic landscape. The $39 billion fund has reaped the rewards of its growth-asset allocations but is now reducing ...

Fidelity cuts management fees

KANIKA SOOD  |  TUESDAY, 2 OCT 2018
Fidelity international has dropped the management fee on two of its funds. Fidelity's Global Emerging Markets fund and Global Equities Fund will charge a management fee of 0.99%. This reduces fees by 0.31% for the global emerging markets fund and 0.16% ...

Three down one to go, then another three in 2019

BENJAMIN ONG  |  THURSDAY, 27 SEP 2018
And so it came to pass. As expected, the US Federal Reserve lifted the fed funds rate target range by 25 basis points to 2.0%-2.25% following its two-day FOMC meeting on the 25th and 26th of September. US equities rallied immediately after the Fed's ...