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Showing 11 - 20 of 43 results for "Will Low"

Fintechs to merge

ANNABELLE DICKSON  |  WEDNESDAY, 18 NOV 2020
InPayTech has entered into a merger agreement to acquire 100% of Comply Path as a wholly owned subsidiary. The payment technology company will complete the transaction as a 100% scrip for scrip offer and upon shareholder approval Comply Path shareholders ...

Clime partners with asset consultant

ANNABELLE DICKSON  |  THURSDAY, 8 OCT 2020
Clime Investment Management appointed Mercer as an investment adviser to support its managed account portfolios. Mercer will be supporting Clime with strategic and dynamic asset allocation advice and assisting in selecting managers for the managed fund ...

Chief economist update: October rate cut?

BENJAMIN ONG  |  THURSDAY, 24 SEP 2020
Will they? Won't they? According to Bill, the RBA will. That's Westpac chief economist Bill Evans for you. Bill released a note a day after RBA deputy governor Guy Debelle addressed the Australian Industry Group's (AiG) September 22 virtual ...

Macquarie to transfer legacy pension product

KANIKA SOOD  |  MONDAY, 10 AUG 2020
Macquarie will transition pension members in its legacy SuperOptions product to a wrap style pension product, in a bid to lower administration fees and expand the investment offering. Macquarie closed the SuperOptions product to new members in June ...

MLC changes super fees, adds menu

KANIKA SOOD  |  WEDNESDAY, 11 MAR 2020
MLC is lowering the fees for its MasterKey Fundamentals product for accounts above $150,000, and introducing a new core menu. From April 1, MasterKey Fundamentals will lower its fees for 58,000 clients and members. This is the new product which MLC ...

Trump slams Fed in Twitter tirade

ALLY SELBY  |  WEDNESDAY, 11 MAR 2020
Trump has taken to Twitter once again, this time, to slam the Federal Reserve and its chair Jerome Powell. The tweets follow a tumultuous start to the week for markets, with the Dow Jones, S&P 500 and Nasdaq suffering their worst day in a decade on ...

CFS culls grandfathered commissions, slashes fees

KANIKA SOOD  |  FRIDAY, 6 DEC 2019
About 6000 financial advisers are set to lose $1700 per year in revenue, as Colonial First State starts to put grandfathered commissions to bed. The $145 billion manager is starting the phase out of grandfathered commissions with a small slice of the ...

Chief economist update: How low will Lowe go?

BENJAMIN ONG  |  FRIDAY, 15 NOV 2019
RBA rate cut expectations strengthened after the release of worse-than-expected Australian labour market report. Duh! If financial markets were waiting for the jobs report to raise the odds of another Reserve Bank of Australia (RBA) rate reduction ...

CFS slashes trail commissions on some funds

KANIKA SOOD  |  THURSDAY, 29 AUG 2019
Colonial First State has pared back trail commissions on a small slice of its funds, in a move that will affect about 400 advisers. The maximum rate of adviser trail commission is reducing from 0.8% per annum to 0.4% per annum (excluding GST) for Colonial ...

Industry super fund discounts investment fees

KARREN VERGARA  |  TUESDAY, 30 JUL 2019
A $2.6 billion superannuation fund will lower its investment fees for some options as of August 1. Profit-for-member fund AvSuper is reducing fees for all investment choice members. AvSuper chief executive Michelle Wade said while the reductions vary ...