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Showing 2961 - 2970 of 9740 results for "Major"

HSBC quietly exits financial advice

KARREN VERGARA  |  THURSDAY, 5 JUL 2018
... had 18 active financial advisers in December 2017. There were only five at the end of April 2018. HSBC joins three of the major four banks currently in the thick of disposing financial planning units. Commonwealth Bank is the latest to demerge from wealth ...

Chief economist update: Japan feels the heat

BENJAMIN ONG  |  THURSDAY, 5 JUL 2018
... expectations - down sharply to 1.8% in fiscal year 2018 from 7.4% in FY 2017. This is hardly surprising given that the two major combatants - the United States and China - are its biggest trading partners. America accounts for 19% of Japan's total ...

Risk and compliance expertise in demand

KARREN VERGARA  |  WEDNESDAY, 4 JUL 2018
... only 28% will change jobs for a better salary. Career progression, flexible working conditions and cultural fit will be the major non-financial reasons jobseekers will be looking to move jobs this financial year."

Leave dividend imputation system as is: Plato

KARREN VERGARA  |  WEDNESDAY, 4 JUL 2018
Plato Investment Management has set up an online petition to ensure the current dividend imputation system remains untouched should the Labor Party win the next federal election. The fund manager has already garnered the support of 500 signatories. ...

Franklin Templeton appoints two distribution heads

KANIKA SOOD  |  WEDNESDAY, 4 JUL 2018
Franklin Templeton Investments Australia has made two key appointments to its distribution team. Colonial First State's national manager of strategy and implementation is moving to Franklin Templeton Investments (FTI). Amy Teh will serve as FTI's ...

Same insurance cover, different price: Research

KARREN VERGARA  |  TUESDAY, 3 JUL 2018
... insurance. In the past, to claim on these policies many super fund members who had been severely injured or who have contracted a major illness would only have to prove that they can no longer perform their regular job. But in most current TPD policies ...

Pacific Current invests $95m in US firm, sells Aussie infrastructure stake

JAMIE WILLIAMSON  |  TUESDAY, 3 JUL 2018
Pacific Current Group has acquired a 24.9% stake in a US alternative investment firm in the same week it offloaded its remaining stake in an Australian infrastructure manager. The global multi-boutique firm has invested $94.6 million in $4.3 billion ...

US investment giant acquires global fund manager

JAMIE WILLIAMSON  |  TUESDAY, 3 JUL 2018
One of the largest investment managers in the US now owns a 60% interest in a global ESG-focused fund manager with operations in Australia. Federated Investors, a $534 billion fund manager and SMA provider, has paid $440 million for a majority stake ...

Chief economist update: Draining the swamp

BENJAMIN ONG  |  TUESDAY, 3 JUL 2018
... Speaking of which, the US dollar has already bottomed early this year. At the end of June, the US dollar index (against major currencies) has risen by 7.7% from its 2018 low and by 4.7% this year to date. The US dollar will only get stronger given the ...

Average superannuation balances double, female savings lag

HARRISON WORLEY  |  MONDAY, 2 JUL 2018
... industry communications director Norman Morris said a gap between males and females in fulltime and overall employment is a major reason for the disparity in retirement outcomes. "Despite real gains in employment for women over the last decade, they ...