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Showing 2741 - 2750 of 7106 results for "June 2023"

Canada economic growth changes gears

BENJAMIN ONG  |  THURSDAY, 7 SEP 2017
The financial headlines talked about the Bank of Canada's (BOC) decision last night to raise its benchmark overnight rate by 25 basis points to 1% - and the Bank Rate and the deposit rate by the same to 1.25% and 0.75% - as having taken the markets ...

Sole fund closed by Australian equities manager

JAMIE WILLIAMSON  |  WEDNESDAY, 6 SEP 2017
Integrity Investment Management terminated its only fund with immediate effect last Friday as its founder prepares for a sabbatical. An announcement on the firm's website explains the Integrity Australian Share Fund has ceased to accept applications ...

Boring is good

BENJAMIN ONG  |  WEDNESDAY, 6 SEP 2017
Less than a fortnight from now, Philip Lowe celebrates his first anniversary as Governor of the Reserve Bank of Australia (RBA) - succeeding Glenn Stevens on 18 September 2016. One thing that could be said about his first year stint as head honcho of ...

AMP and Challenger ink annuities deal

ALEX BURKE  |  TUESDAY, 5 SEP 2017
Challenger annuities will now be available through AMP's adviser portal, marking one of the more historic partnerships since Challenger swapped its financial planning business for AXA's annuities portfolio in 2008. Financial advisers will now be able ...

ASIC targets retirement products and services

KARREN VERGARA  |  MONDAY, 4 SEP 2017
The corporate regulator has formed an internal working group to address financial issues of older Australians. In its 2017-18 Corporate Plan, ASIC highlighted it will examine financial products and services provided to older Australians - especially ...

Female SMSF investors more focused on securing retirement

JAMIE WILLIAMSON  |  MONDAY, 4 SEP 2017
Female investors are increasingly using self-managed superannuation funds to build wealth, with women aged between 35 and 50 displaying different share trading habits to men. According to the latest CommSec SMSF Trading Trends Report, a comparison of ...

Higher and higher

BENJAMIN ONG  |  MONDAY, 4 SEP 2017
... (120.0) and August (122.9) compared with all three months of the second quarter - 119.4 in April, 117.6 in May and 11.73 in June - with both the current conditions and future conditions indices registering improvements. To be sure, the disappointing ...

Australian Unity milestones underscore 2017 growth

ALEX BURKE  |  THURSDAY, 31 AUG 2017
Three initiatives - including an acquisition, the launch of a new business and a deal with the Queensland government - played a key role in Australian Unity's growth over the 2017 financial year, according to managing director Rohan Mead. In the group's ...

Future Fund expected to grow to $200bn

EMMA RAPAPORT  |  THURSDAY, 31 AUG 2017
The Future Fund expects to grow to more than $200 billion over the next decade, enough to cover all unfunded superannuation liabilities of the Commonwealth though the whole of this century. Results for 2016-17 released this morning show the $133 billion ...

Pre-retirees risk significant shortfalls: MLC

EMMA RAPAPORT  |  TUESDAY, 29 AUG 2017
An alarming number of pre-retirees are at risk of falling short of what is required for a 'comfortable retirement', according to research from MLC. More than half of those aged between 50 and 70 are on course to fall beneath the ASFA standard ($545,000 ...