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Showing 2411 - 2420 of 8609 results for "DIF"

ANZ posts profit, announces dividend

ELIZA BAVIN  |  WEDNESDAY, 19 AUG 2020
ANZ has announced an unaudited statutory profit for the third quarter of $1.32 billion and an interim dividend of 25 cents per share, fully franked. The bank reported an unaudited cash profit from continuing operations of $1.5 billion, with chief executive ...

Financial services workers content with pandemic changes

ANNABELLE DICKSON  |  WEDNESDAY, 19 AUG 2020
New research shows that more than half of financial services employees agree that the industry has reacted positively to shifts in the industry as a result of the pandemic. The latest Work Different study from experience management software provider ...

How to make sense of reporting season

ALLY SELBY  |  TUESDAY, 18 AUG 2020
As we reach a third of the way through Australia's reporting season, an advice and stockbroking group has identified three key trends that have so far emerged from the results. Wilsons Advisory noted that many of the companies that have reported thus ...

Ponzi scheme allegations levelled at Mayfair 101

ELIZABETH MCARTHUR  |  TUESDAY, 18 AUG 2020
In court documents, ASIC alleged that Mayfair 101's launch of Australian Property Bonds was a last ditch effort by the embattled wealth manager to set up a Ponzi-like scheme. ASIC expressed concerns that Mayfair 101 founder and managing director James ...

Front loaded discounts lead to worse outcomes

ANNABELLE DICKSON  |  TUESDAY, 18 AUG 2020
New research, commissioned by PPS Mutual, found that front loaded discount policies draw in clients with lower premiums in the first year but have higher premiums from the third year onwards, leading to financial advisers copping the brunt of lapses. ...

Take your CAPE ratio with a grain of salt

ALLY SELBY  |  MONDAY, 17 AUG 2020
Earlier this month, for the fourth time in its history, Robert Shiller's CAPE ratio - which tracks market value by measuring earnings data over a 10-year period - surpassed 31. Other times Shiller's ratio has exceeded 31 include the months prior ...

Young-old wealth gap widest in 18 years

KANIKA SOOD  |  MONDAY, 17 AUG 2020
Counting on your children's lives being better than yours? It's not a given as a new Actuaries Institute report finds the relative wealth and wellbeing of 25 to 34 year olds is the lowest in 18 years. The Actuaries Institute's publication ...

Law firm slams insurer mental health policies

ELIZABETH MCARTHUR  |  FRIDAY, 14 AUG 2020
Slater and Gordon has criticised life insurers for proposing to dictate who can and can't access mental health treatment through their funding programs. Calls from the life insurance industry for regulatory freedom to allow life companies to be ...

Schroders appoints head of private debt

KANIKA SOOD  |  FRIDAY, 14 AUG 2020
Schroders has hired from RBC to appoint a head of private debt for Australia, as it builds out a private assets offering for local investors. Nicole Kidd was previously RBC's head of corporate banking Australia and institutional client management ...

ERS will impact those who didn't access super: REST

ELIZA BAVIN  |  FRIDAY, 14 AUG 2020
The effects of the government's Early Release of Superannuation scheme could result in a 25 basis point loss for those who didn't take advantage of the scheme, according to REST chief executive Vicki Doyle. Speaking at the FINSIA Future of Super webinar ...