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Showing 291 - 300 of 846 results for "Buyer"

Beware tech firms in financial services

ELIZABETH MCARTHUR  |  MONDAY, 24 JUN 2019
The Bank for International Settlements (BIS) has issued a warning about large technology companies entering financial services. The BIS said the entry of big tech into financial services presents new risks - not least of all, the competition these companies ...

Intrust launches micro-saving app

KARREN VERGARA  |  TUESDAY, 11 JUN 2019
Intrust Super is helping members save for a house and more for retirement by launching micro-contribution tool SuperCents. SuperCents connects members' everyday banking accounts to their super to help top-up contributions. The technology behind the ...

Property risks dip at Coalition win, APRA easing

KANIKA SOOD  |  WEDNESDAY, 22 MAY 2019
... economists said the APRA easing is a material surprise, joining the Liberal's 'miracle' election win, and first home buyer scheme, all of which it thinks are positives for housing. "[This] materially reduces downside risk for housing and the ...

Advice practice supply outweighs demand

JAMIE WILLIAMSON  |  MONDAY, 13 MAY 2019
The valuation gap between high-quality financial advice businesses and conventional practices is growing, with the sector quickly turning into a buyers' market. Latest insights from Radar Results show the valuation gap between high-quality practices ...

Home buyers lack basic financial concepts

ELIZABETH MCARTHUR  |  FRIDAY, 26 APR 2019
A new report by Westpac reveals that Australians looking to purchase property are desperate for financial education. Demonstrating the need for financial advice, the Westpac Home Ownership Report found almost half of home buyers did not understand the ...

Retirement funder partners with ME Bank

KARREN VERGARA  |  FRIDAY, 12 APR 2019
Specialist retirement funding provider Household Capital has partnered with industry super fund-owned ME Bank to establish a $100 million wholesale debt facility. The facility is designed to meet the unmet financial needs of retirees who plan to continue ...

Dealer group acquires bank advice business

JAMIE WILLIAMSON  |  WEDNESDAY, 10 APR 2019
... possible within our business." Bendigo and Adelaide Bank has also offloaded its specialist Geelong West SMSF business. The buyer is Business & Wealth Advisors, one of Geelong's largest locally-owned accounting and financial advice practices. The ...

Financial advice exit a boon for the industry: Poll

KARREN VERGARA  |  MONDAY, 8 APR 2019
... The OnePath/IOOF transaction is on ice pending the outcome of the APRA investigation, while NAB is reportedly hunting a buyer for MLC. Westpac, the last of the major banks to join the exodus, agreed to sell a number of advisers to Viridian Advisory. ...

Chief economist update: Aussie property price falls become self-fulfilling

BENJAMIN ONG  |  MONDAY, 8 APR 2019
"It's in a delicate situation. In terms of general direction, we're not surprised [prices have fallen]... That said, [the] downturn has been a bit bigger." These were the Australian Financial Review's (AFR) quotable quotes from its exclusive ...

Banks move to derisk, workforces shrink

KANIKA SOOD  |  MONDAY, 25 MAR 2019
... OnePath/IOOF transaction has been put on ice, pending the outcome of the APRA investigation. Finally, NAB is reportedly hunting a buyer for MLC. But as the institutions move to redefine business models - ensuring they are both profitable and compliant ...