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Showing 2141 - 2150 of 9316 results for "Red"

Pendal makes changes in BIDS business

JAMIE WILLIAMSON  |  WEDNESDAY, 6 OCT 2021
Pendal is realigning some aspects of its investments team, in a move that will see Vimal Gor's role change and four members of the broader team made redundant. In an internal announcement last Friday morning, the Pendal team was informed that the ...

Magellan cops $4bn drop

ANNABELLE DICKSON  |  WEDNESDAY, 6 OCT 2021
Magellan Financial Group recorded net outflows in its retail and institutional funds under management last quarter, bringing it back to June figures. The global equities strategy saw a $4 billion drop in FUM to $84 billion while infrastructure equities ...

Economic recap: Week to October 1

BENJAMIN ONG  |  MONDAY, 4 OCT 2021
The COVID-19 pandemic - and the freezing of nearly all economic activity it brought about -- was godsend to climate change activists. Recall those pictures of those bright, bright, sun-shiny days underscored by a CNN article (published last year) that ...

MetLife enhances mental health policy

KARREN VERGARA  |  FRIDAY, 1 OCT 2021
MetLife Australia unveiled a mental health strategy for its employees in light of Mental Health Month. MetLife will create a resource hub that includes content from the Black Dog Institute and its own 360Health program. As part of the initiative, it ...

AIOFP petitions to delay DDO, annual renewal

KARREN VERGARA  |  FRIDAY, 1 OCT 2021
The Association of Independently Owned Finance Professionals is calling on lawmakers to delay two major financial advice reforms until 2022 by launching an online petition. The AIOFP is seeking to delay the Design and Distribution Obligations and consent ...

Vanguard cuts fees

ELIZABETH MCARTHUR  |  THURSDAY, 30 SEP 2021
Vanguard has cut fees on several of its Australian fixed interest funds, with the reductions taking effect from October 1. Fees on Vanguard's Australian Fixed Interest fund and ETF will be reduced from 0.24% to 0.19% and 0.20% to 0.15% respectively. ...

Lending curbs to impact housing market

ELIZABETH MCARTHUR  |  THURSDAY, 30 SEP 2021
The Reserve Bank of Australia has suggested it may shift policy to cool the property market in 2022, likely to result in homebuyers being able to borrow less. BuyersBuyers co-founder Pete Wargent said that this time around the rules will mostly impact ...

SMSFs welcome RIC exemption

KARREN VERGARA  |  WEDNESDAY, 29 SEP 2021
... past about providing a retirement income strategy and the implications it will have for the sector. It meant additional cost, red tape, and unintended consequences arising from a requirement for SMSF trustees to formulate a retirement, he said. APRA-regulated ...

Consumers lose out on IP changes

KARREN VERGARA  |  MONDAY, 27 SEP 2021
Almost one third of Australians don't know what income protection covers and could potentially lose out from the significant life insurance reforms that are just days away. This is according to a survey from comparison website Finder, which canvassed ...

Economic recap: Week to September 24

BENJAMIN ONG  |  MONDAY, 27 SEP 2021
Financial markets have been on edge ever since they got the first whiff of "taper" in the air. This started when the minutes of the US Federal Reserve's April 27-28 FOMC meeting revealed that: "A number of participants suggested that if the economy ...