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Dividend payouts stagnate

KARREN VERGARA  |  MONDAY, 26 AUG 2019
... companies raised dividend payouts, keeping the US near the top of the international rankings. The banking sector continued to show strong dividend growth, but auto manufacturers all held their payouts flat, reflecting growing global structural challenges ...

IFM Investors sets significant emissions targets

KRISTI CHENG  |  MONDAY, 26 AUG 2019
IFM Investors has set emissions targets across its major assets that aim to reduce more than 200,000 tonnes of CO2 emitted by 2030. In an unprecedented move IFM Investors will now have emissions reduction targets through to 2030 and beyond. The targets ...

Managed funds versus the ASX 200

KANIKA SOOD  |  THURSDAY, 22 AUG 2019
Aussie equities managers had a hard time beating the S&P/ASX 200 Accumulation index in the year to June and the underperformance gap has widened significantly over the past four years, according to new Rainmaker research. Just one in 10 wholesale managed ...

CFA exam results out, record participation

KRISTI CHENG  |  THURSDAY, 22 AUG 2019
More than half of the candidates for the Level III CFA Program exam in June passed, CFA Institute announced. The 21,000-plus (56%) candidates - out of 38,377 - for the exam are now eligible to become CFA charter holders, pending verification of professional ...

Centrepoint revenue model improves bottomline

KARREN VERGARA  |  THURSDAY, 22 AUG 2019
... been somewhat successful, but the dealer group services provider still found itself in the red, latest financial results show. The ASX-listed firm reported a net loss of $2.2 million for FY19, an improvement from the $6.9 million loss incurred in the ...

Best online brokers revealed

ELIZABETH MCARTHUR  |  THURSDAY, 22 AUG 2019
New research from Investment Trends has revealed the online brokers with the most satisfied customers in Australia. Bell Direct, CMC Markets and SelfWealth clients report the most satisfaction with their online broker. Bell Direct ranked first with ...

Chief economist update: Tweeting Trump versus totalitarian Xi

BENJAMIN ONG  |  TUESDAY, 20 AUG 2019
US president Donald Trump is envious of Chinese president Xi Jinping. Perhaps it's P-envy (I don't have to spell the word, my head will be summarily chopped off), but US President Trump admitted as much about a year and half ago and before he ...

Frydenberg flags new advice disciplinary system

HARRISON WORLEY  |  MONDAY, 19 AUG 2019
A new disciplinary system for financial advisers with a central disciplinary body headlines the government's Royal Commission implementation roadmap released today. Revealing how the government will tackle the 76 recommendations made by Commissioner ...

Salary sacrifice loophole bill insufficient: ISA

KRISTI CHENG  |  MONDAY, 19 AUG 2019
While closing the salary sacrifice loophole is important, the bigger issue that needs to be addressed is that of unpaid super, according to Industry Super Australia. That was the main point in the body's submission to Schedule 7 of the Treasury Laws ...

Netwealth FUA, adviser numbers rise

KARREN VERGARA  |  MONDAY, 19 AUG 2019
A number of financial advisers who flocked to wealth management institutions for Netwealth as a result of the banking Royal Commission have helped boost the platform's funds under administration by 30% to $23.3 billion. Financial results for the ...