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Chief economist update: Equity market rally has legs

BENJAMIN ONG  |  TUESDAY, 16 APR 2019
... "continues to warrant a policy interest rate that is below its neutral range"; and the RBA? Yes, it's now saying that "the next-move-is-up scenarios were more likely than the next-move-is-down scenarios"... with financial market expectations for ...

Australia's wealth takes half trillion hit

HARRISON WORLEY  |  MONDAY, 15 APR 2019
... Meanwhile, superannuation is worth just under a quarter of the value of gross personal wealth, with property investments the next largest portion at 9.9%.

IOOF responds to class action

ELIZABETH MCARTHUR  |  FRIDAY, 12 APR 2019
... reputationally. Yet they persisted and the board let it pass. The reckoning that began at the Royal Commission now goes to the next stage, with the filing of this class action." The class action is funded by Regency Group. All shareholders who acquired ...

Founder leaves SMSF Association

ELIZABETH MCARTHUR  |  FRIDAY, 12 APR 2019
... or pension phase." "I am proud of what we have achieved, and leave the organisation knowing it is well positioned for its next growth phase." SMSF Association chair Deborah Ralston thanked Slattery for her drive a and commitment over the last 16 years ...

Fee for no service on APRA and ASIC radar

KARREN VERGARA  |  WEDNESDAY, 10 APR 2019
... explicitly authorised by members? Are the deductions consistent with the authorisations and disclosures made to members? Next, trustees must be aware of circumstances where services are not provided and substantiate if the deductions are consistent with ...

Platform provider wins mandate

KANIKA SOOD  |  WEDNESDAY, 10 APR 2019
... Wealth Management's service offering. This partnership comes at an exciting time for our organisation as we plan for our next growth phase and look to capture market opportunities. We look forward to supporting First Point Wealth Management's strategic ...

Chief economist update: EUr next

BENJAMIN ONG  |  WEDNESDAY, 10 APR 2019
Just when we're just a handshake away from a Sino-US trade deal, another war on trade this way comes. US President Donald Trump must be wringing his hands at how he succeeded in making China kowtow - er, compromise - to his demands. Trump's ...

eInvest to grow active ETFs

HARRISON WORLEY  |  TUESDAY, 9 APR 2019
... flexibility and transparency. "Partnering with independent investment managers at the local and global level is a natural next step in eInvest's continued evolution as a complete provider of Active ETF solutions," managing director Camilla Love said. ...

Rice Warner names new chief executive

KARREN VERGARA  |  MONDAY, 8 APR 2019
... smooth succession plan. "I congratulate Michael on his achievements and look forward to working with Andrew through this next chapter of Rice Warner's history," Paskin said.

Chief economist update: ECB digs deeper

BENJAMIN ONG  |  FRIDAY, 5 APR 2019
... 1.1% this year and 1.6% in 2020. This compares with the previous forecasts of 1.7% this year (lowered from 1.8%) and the next. Similarly, HICP inflation's now seen to reach only 1.2% (from 1.8% previously) this year and 1.5% (from 1.6%) in 2020. ...