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Showing 2371 - 2380 of 7236 results for "June 18"

FCA begins financial advice market review

KARREN VERGARA  |  WEDNESDAY, 8 MAY 2019
The UK's financial services regulator is reviewing the state of the financial advice market to determine how well it is delivering on consumer outcomes. The Financial Conduct Authority is requesting feedback on its two major initiatives that sought ...

Chief economist update: RBA refused to blink in May

BENJAMIN ONG  |  WEDNESDAY, 8 MAY 2019
Nothing. Nada. Zilch. Despite high expectations that it would leading up to its May Board meeting, the Reserve Bank of Australia (RBA) didn't only NOT cut the official cash rate - it kept it unchanged at a record low 1.5% - it also maintained its ...

Finnies recognise wealth management disruptors

KARREN VERGARA  |  WEDNESDAY, 8 MAY 2019
Several fintechs disrupting the wealth management industry have made the shortlist of FinTech Australia's third annual Finnie Awards. Spaceship, Raiz and Roll-it Super were named finalists in the Excellence in Wealth Management category. They join the ...

Corporate super fund names new chair

KARREN VERGARA  |  TUESDAY, 7 MAY 2019
A former HESTA chief executive will become the chair of Australia's largest corporate superannuation fund in July. TelstraSuper appointed Anne-Marie Corboy as chair for a period of three years, replacing David Leggo, who departs on June 30. Leggo ...

Colonial First State awards $170m mandate

KANIKA SOOD  |  TUESDAY, 7 MAY 2019
Colonial First State has awarded a global manager a $170 million mandate to invest in Australian real estate securities. DWS will invest in Australian real estate investment trusts (AREITs) on behalf of CFS under the mandate awarded in the first quarter ...

Westpac profits down 24%, dividend flat

KANIKA SOOD  |  MONDAY, 6 MAY 2019
Westpac profits plunged 24% in the first half to $3.13 billion, as cash earnings fell across four of the group's five business divisions. "This is a disappointing result reflecting weaker business conditions and the bank dealing decisively with outstanding ...

Macquarie Capital appoints group co-heads

KANIKA SOOD  |  FRIDAY, 3 MAY 2019
Macquarie Capital has appointed two group co-heads as the incumbent leaves the role after seven years. Tim Bishop will step down as the group head of Macquarie Capital and from the executive committee effective May 31. He will become the chair of Macquarie ...

Chief economist update: S&P raises Duterte ratings

BENJAMIN ONG  |  WEDNESDAY, 1 MAY 2019
Money talks, prayers walk. This appears to be the overriding theme in the upcoming May 13 mid-term elections in the Philippines where "foul-mouthed and murderous" president Rodrigo Duterte's preferred senatorial and congressional candidates lead ...

Super startup to relaunch

HARRISON WORLEY  |  TUESDAY, 30 APR 2019
In its third iteration, challenger superannuation offering Human Super will relaunch under a new name, almost two years after its initial attempt to enter the market. Human Super - a superannuation product designed specifically for women - will relaunch ...

Boutique fund manager launches LIT

KARREN VERGARA  |  MONDAY, 29 APR 2019
A boutique fund manager is launching a listed investment trust in a bid to raise $500 million. Regal Funds Management's Regal Investment Fund (RF1) provides exposure to a selection of alternative investment strategies and risk-adjusted absolute ...