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Showing 261 - 270 of 699 results for "Cash flow"

CommSec fixes faulty statements

KANIKA SOOD  |  FRIDAY, 19 JUL 2019
CommSec has identified issues in statements it sent to customers holding exchange traded options through its platform and is fixing them. CommSec made the first batch of changes to ETO statements in October last year and has a pipeline of future work ...

Bristol Street adviser banned

ELIZABETH MCARTHUR  |  FRIDAY, 28 JUN 2019
... Muscat focused his advice on switching insurance and super. ASIC said he failed to provide advice on debt reduction and cash flow - even when clients specifically requested that advice. ASIC commissioner Danielle Press said: "When providing personal ...

Rest increases renewable energy investment

HARRISON WORLEY  |  MONDAY, 24 JUN 2019
The $50 billion industry super fund will take full ownership of the largest wind farm in Western Australia as it moves to boost its infrastructure portfolio. Rest has agreed to buy out UBS Asset Management's 60% stake in Western Australia's Collgar ...

Millennial super products still just hype

KANIKA SOOD  |  WEDNESDAY, 12 JUN 2019
... fees charged by these products, suggesting that the small size of many of these products have generated insufficient cash flow for these businesses to enable them to establish transparency and disclosure activities considered routine by regular superannuation ...

Navigating the new Pensioners Loan Scheme

KANIKA SOOD  |  THURSDAY, 6 JUN 2019
... Australian Institute. The expanded scheme comes into effect on July 1. "A reverse mortgage allows retirees to increase their cash flow, while staying in the family home. However, it won't be right for everyone and there are many things retirees should ...

New tax-effective Aussie shares fund

KANIKA SOOD  |  THURSDAY, 30 MAY 2019
... that one of the key elements in the tax mistakes that portfolio managers make in considering tax is during handling cash flow events such as redeeming assets. We can do this effectively inside the investment bond structure because all investors are subject ...

Financial advice valued beyond returns

KARREN VERGARA  |  TUESDAY, 21 MAY 2019
... people plan their retirement so they can achieve and fund the life they want to live. This could be through managing cash flow and sensible budgeting, making sure they're obtaining relevant government support and how they can optimise funding aged care ...

Frontier highlights best in show list weaknesses

KARREN VERGARA  |  THURSDAY, 16 MAY 2019
New research from Frontier Advisors highlights the misplaced focus and potential pitfalls of the Productivity Commission's proposed 'best in show' list. Given the strong imperative for the superannuation sector to consolidate, the white ...

Industry funds eye SMSF market stronghold

KARREN VERGARA  |  TUESDAY, 16 APR 2019
Industry funds will shortly take the lead from SMSFs as the sector with the largest assets under management, new KPMG research predicts. KPMG's annual Super Insights report suggests by 2029, industry funds will have more than $2 trillion in assets and ...

Colonial acquisition cost CBA shareholders $53bn: Merlon

KANIKA SOOD  |  TUESDAY, 9 APR 2019
... "Based on its subsequent disclosures, CBA paid about 8x net tangible assets, 22x earnings and an even higher multiple of cash flow for Colonial," Carlisle said. By comparison, AMP recently sold its life insurance operations for approximately 1x net tangible ...