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Showing 2501 - 2510 of 8611 results for "DIF"

Macquarie tops mandate league tables

KANIKA SOOD  |  FRIDAY, 10 JUL 2020
Local institutional investors handed out $43.5 billion of funds management mandates in the year to March end and Macquarie had the most wins, latest league tables from Rainmaker show. Superannuation funds, investment managers (via sub-advisory relationships) ...

APRA funds can learn from SMSFs: Rice Warner

ELIZA BAVIN  |  FRIDAY, 10 JUL 2020
Self-managed super funds have the edge over their APRA-regulated counterparts, according to insights from Rice Warner. Rice Warner said SMSFs cater well for retirees as their structures are more sensible and allow retirees to manage their finances properly. ...

Netwealth booms amid pandemic

ALLY SELBY  |  FRIDAY, 10 JUL 2020
Specialist wealth management platform Netwealth has seen its share price soar, after it reported a 35% increase in funds under administration for the financial year. Shares in Netwealth lifted nearly 16% during trade on Thursday to hit new all-time ...

Chief economist update: We're all Victorians now

BENJAMIN ONG  |  FRIDAY, 10 JUL 2020
"The Australian economy is going through a very difficult period and is experiencing the biggest contraction since the 1930s... Conditions have, however, stabilised recently and the downturn has been less severe than earlier expected... There has also ...

Banks throw Australians a second lifeline

ALLY SELBY  |  THURSDAY, 9 JUL 2020
Australia's banks will defer repayments on loans for an additional four months, in a bid to avoid a 'fiscal cliff' in September and aid in the country's economic recovery. Those who can restart paying back their loans will be required to do so at the ...

ATO can make cost of advice cheaper: Asher

KANIKA SOOD  |  THURSDAY, 9 JUL 2020
In a new paper from Actuaries Institute, Anthony Asher argues financial advice can be made cheaper if the Australian Taxation Office (ATO) provides some of the data necessary for good advice. Asher added that retirement incomes could rise by 15% to ...

New partner at Stanford Brown

ALLY SELBY  |  THURSDAY, 9 JUL 2020
Advice firm Stanford Brown has appointed a new partner with over two decades of experience. Todd Stanford has nabbed the promotion, after just over one year with the firm. Stanford Brown chief executive Jonathan Hoyle congratulated Stanford on his promotion. ...

Best performing managed funds revealed

ELIZA BAVIN  |  THURSDAY, 9 JUL 2020
Funds from IOOF, Vanguard and Fiducian figure among the top-five performers among wholesale funds, in the latest Rainmaker Information tables to May end. In the growth category, IOOF MultiMix Growth Trust took the top spot with returns of 7.1% pa over ...

Chief economist update: UK plans for jobs

BENJAMIN ONG  |  THURSDAY, 9 JUL 2020
The United Kingdom has followed the script dictated by the coronavirus pandemic in much of the world. On March 23, the government imposed strict lockdown measures, giving "bobbies" power to fine people leaving their homes for "non-essential" reasons. ...

AustralianSuper appoints head of financial crime

KANIKA SOOD  |  WEDNESDAY, 8 JUL 2020
The country's largest superannuation fund has appointed a head of financial crime, security and resilience, reporting to its chief risk officer Paul Schroder. Tom Garcia is moving into the role after serving as AustralianSuper's head of product from ...