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Showing 3481 - 3490 of 10303 results for "STI"

Part-time work widens super gender gap

KARREN VERGARA  |  WEDNESDAY, 26 SEP 2018
Women approaching retirement will have 37% less in their superannuation balance than men, latest figures from the Australian Bureau of Statistics show. Women aged between 55 to 64 years old will have an average of $196,000, while men retire with a significantly ...

ASIC slams unacceptable reporting breaches

KARREN VERGARA  |  WEDNESDAY, 26 SEP 2018
Major institutions take about five years to identify significant breaches while remediating some customers takes even longer, an ASIC review of breach reporting obligations found. In Report 594 released overnight, the big the institutions took 4.5 years ...

Make sure you have cash: Geoff Wilson

KANIKA SOOD  |  WEDNESDAY, 26 SEP 2018
Veteran investor Geoff Wilson says a bear market is inevitable and investors should check their cash holdings. WAM Capital is currently holding 29.2% in cash, WAM Leaders 14.6% and WAM Microcap 21.9%, the manager said in a conference call for media ...

J.P. Morgan expands derivatives clearing

KANIKA SOOD  |  WEDNESDAY, 26 SEP 2018
J.P. Morgan has become the first over the counter (OTC) clearing participant to launch an agency clearing service through the ASX for AUD and NZD denominated derivatives. The clearing broker's Australian-domiciled clients will now be able to keep all ...

FinTech Australia hunts new chief executive

HARRISON WORLEY  |  TUESDAY, 25 SEP 2018
FinTech Australia is on the hunt for a new chief executive, just four months after filling the role with a former Uber executive. Brad Kitschke has resigned as chief executive of FinTech Australia, citing health reasons. His departure leaves the industry ...

Family office invests in absolute return fund

KANIKA SOOD  |  MONDAY, 24 SEP 2018
A Singapore-based family office is investing $34 million in an absolute return fund run by a fintech that offers a crowdfunding loan platform for small to medium enterprises. CoAssets is headquartered in Singapore and listed on the ASX (CA8) with a ...

How to retain HNW heirs as clients

KANIKA SOOD  |  MONDAY, 24 SEP 2018
Wealth managers who want to retain high-net-worth client assets through generations must engage better with their clients' heirs long before a wealth transfer happens, according to GlobalData. The GlobalData 2018 wealth manager survey asked wealth managers ...

New study taps into investor behavior

KANIKA SOOD  |  FRIDAY, 21 SEP 2018
Four Melbourne-based researchers have tested a cognitive training scheme that could help investors overcome fixation with purchase prices and limit losses. Researchers from Monash University, University of Melbourne and La Trobe University conducted ...

IFM bids to build Melbourne Airport rail link

HARRISON WORLEY  |  THURSDAY, 20 SEP 2018
IFM Investors is part of a consortium seeking to fund and develop the long-awaited Melbourne Airport rail link. The $112 billion institutional fund manager partnered with Melbourne Airport, Metro Trains Australia and Southern Cross Station to form AirRail ...

Franking credits inquiry launched

HARRISON WORLEY  |  THURSDAY, 20 SEP 2018
An inquiry has been launched to examine the implications of Labor's policy to remove refundable franking credits. The House of Representatives Standing Committee on Economics will investigate the implications of removing refundable franking credits. ...