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Showing 2621 - 2630 of 10710 results for "May 19"

Low rates put retirees at risk: Vanguard

ELIZA BAVIN  |  TUESDAY, 29 SEP 2020
Retirees will need to be 100% allocated to equities and greatly elevate their portfolio risk to meet most income needs in the current low yield environment, according to Vanguard. Vanguard's latest research paper titled An enduring solution for ...

Chief economist update: The W in the second wave

BENJAMIN ONG  |  TUESDAY, 29 SEP 2020
... increase in new orders as export markets re-opened. However, the service sector posted its biggest contraction (47.6) since May (30.5) as, according to Markit Economics, "face-to-face consumer businesses in particular have been hit by intensifying virus ...

No evidence lower SG will result in higher wages: ACTU summit

ELIZA BAVIN  |  MONDAY, 28 SEP 2020
The Morrison government has been labelled cruel for considering postponing the legislated rise to the superannuation guarantee by those speaking at the ACTU Emergency Super Summit. Executive director at Per Capita, Emma Dawson said indication that a ...

IRESS caves in, ups OneVue bid

KANIKA SOOD  |  MONDAY, 28 SEP 2020
Nearly four months after IRESS bid to acquire OneVue for 40 cents a share, it has finally upped the price to 43 cents in a final offer. The new 43 cents per share is a 7.5% increase from IRESS's June 1 offer and comes ahead of OVH shareholders' ...

AXA IM country head exits

KARREN VERGARA  |  MONDAY, 28 SEP 2020
AXA Investment Managers' country head for Australia and New Zealand is leaving after 16 years with the firm. Craig Hurt joined AXA IM's office in London in 2004 as a director of fixed income and liability-driven investments. Three years later, he was ...

Six Park, Rollit Wealth announce partnership

ALLY SELBY  |  MONDAY, 28 SEP 2020
... added. "Some jump in with limited knowledge - that's why we saw ASIC issue a warning to novice investors and day-traders in May - while others just miss out altogether," he said. "The world is changing and so is the financial landscape - more Australians ...

Chief economist update: Rents under covid

BENJAMIN ONG  |  MONDAY, 28 SEP 2020
Australian landlords aren't all rejoicing. Yes Virginia, we're all aware this is happening in this land "girt by sea" under pandemic but the Reserve Bank of Australia (RBA) has actually put facts and figures behind this in its September 2020 ...

More clarity on life insurance best interest duty needed: Research

ELIZA BAVIN  |  FRIDAY, 25 SEP 2020
An Actuaries Institute Taskforce has made sweeping recommendations for broad changes to Australia's retail disability income insurance market, including providing examples of Best Interest Duty in life insurance. The report said ASIC included in ...

Japanese bank makes major voting blunder

ALLY SELBY  |  FRIDAY, 25 SEP 2020
One of Japan's largest providers of shareholder services has admitted to a major operational blunder, after it failed to count 3.4 million postal votes for nearly 1000 companies ahead of their annual general meetings. Sumitomo Mitsui Trust Bank (SuMi ...

BetaShares' Nasdaq ETF surpasses $1bn

ALLY SELBY  |  FRIDAY, 25 SEP 2020
BetaShares' Nasdaq 100 ETF exceeded $1 billion in assets under management at the end of August, a net increase of more than $500 million since the outset of the year. As of the end of August, the ETF had $1.17 billion in AUM. Around $300 million of ...