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Showing 2561 - 2570 of 8591 results for "SIM"

No such thing as a free lunch: Lowe

ELIZA BAVIN  |  WEDNESDAY, 22 JUL 2020
Reserve Bank of Australia governor Philip Lowe has said the government will likely need to borrow more money, but warned the central bank will not directly provide funding. Giving his annual address to the Anika Foundation, Lowe stressed that while ...

Xinja dabbles in US stocks

ANNABELLE DICKSON  |  WEDNESDAY, 22 JUL 2020
Neobank Xinja has announced plans to launch a US share trading platform Dabble, giving investors access to over 3000 stocks and exchange traded funds (ETFs). Xinja claims Dabble will make names like Tesla, Facebook, Google and Amazon accessible and ...

AMP Capital revamps leadership team

JAMIE WILLIAMSON  |  WEDNESDAY, 22 JUL 2020
AMP Capital has announced a raft of changes to its leadership team, including several departures, as it looks to drive its next phase of growth. The fund manager has expanded its leadership team to ensure representation of both clients and investment ...

Ombudsman demands changes for small business insolvencies

ANNABELLE DICKSON  |  TUESDAY, 21 JUL 2020
The Australian Small Business and Family Enterprise Ombudsman Kate Carnell is calling for a number of measures to be put in place to protect small businesses from a 'tsunami' of insolvencies. In the latest Insolvency Practices Inquiry report ...

HUB24 wins out over Netwealth: Ord Minnett

KANIKA SOOD  |  TUESDAY, 21 JUL 2020
Both platform businesses finished FY20 with strong inflows, but Netwealth is overvalued while HUB24 offers a superior growth rate, says Ord Minnett. HUB24 had $17.2 billion of total funds under administration for FY20 while Netwealth had $31.5 billion. ...

Billionaires targeted in Twitter bitcoin scam

ELIZA BAVIN  |  FRIDAY, 17 JUL 2020
Billionaires such as Elon Musk, Jeff Bezos and Bill Gates were among the household names that had their Twitter accounts hacked to promote a bitcoin scam. The official Twitter accounts of many notable people, including former President Barrack Obama ...

Changes to advice incoming: Bragg

ELIZA BAVIN  |  THURSDAY, 16 JUL 2020
Senator Andrew Bragg has confirmed legislative changes to advice are around the corner, telling Michael Rice the Corporations Act needs to be updated. Bragg, in conversation with Rice for a Financial Services Council webinar, said he is an avid user ...

Growth outplays value: Frontier

ELIZA BAVIN  |  THURSDAY, 16 JUL 2020
Growth continued to outperform value according to a new study by Frontier Advisers looking at the performance of fund managers in the final quarter of 20109/20. In a note released to its clients, Frontier reported that growth-focused managers outstripped ...

Merged First State Super reveals new brand

KANIKA SOOD  |  WEDNESDAY, 15 JUL 2020
The $120 billion fund has picked a new name, with the First State Super name expected to be dropped from September. Meanwhile VicSuper's brand name will be retained for the interim. Both First State Super and StatePlus brand names will be replaced ...

Australian Ethical posts record results

ALLY SELBY  |  WEDNESDAY, 15 JUL 2020
The $4.05 billion wealth manager has reported record inflows of $660 million for the financial year, telling Financial Standard that it's balanced MySuper offering returned 6.9% net of fees for the quarter. For the 2020 financial year, Australian ...