Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 3881 - 3890 of 9316 results for "Red"

Financial literacy critical to European retirement

DARREN SNYDER  |  THURSDAY, 11 OCT 2018
Australians are not alone when it comes to leaving retirement savings on the table from a lack of financial literacy. However, Europeans arguably face a steeper learning curve. The J.P. Morgan Asset Management 2018 Income Barometer Survey, which interviewed ...

Advice is a sea of sameness

HARRISON WORLEY, MICHELLE BALTAZAR  |  WEDNESDAY, 10 OCT 2018
... to differentiate themselves in a "sea of sameness." Connelly compared picking an adviser to selections between bottles of red wine, saying Aussie Mums and Dads would struggle to tell the difference between one adviser and another. "Where you see three ...

What do future asset managers look like?

DARREN SNYDER  |  WEDNESDAY, 10 OCT 2018
J.P. Morgan Asset Management chief executive Chris Willcox has outlined his vision for the $120 trillion asset management industry, identifying a true north for its future direction. Speaking to a group of international media in London on Tuesday, Willcox ...

Scale integral to adviser success

JAMIE WILLIAMSON  |  TUESDAY, 9 OCT 2018
The successful financial advice businesses of the future will be those that have gained effective scale. That is the view of Fortnum Private Wealth, believing the increasingly challenging nature of running an advice business will give rise to advice ...

Chief economist update: Is China starting to slow down?

BENJAMIN ONG  |  TUESDAY, 9 OCT 2018
Be afraid, be very afraid. This appears to be the foreboding flashing on investors' dashboards following yesterday's 3.7% drubbing in the Shanghai composite index and the 0.5% depreciation in the Chinese yuan CNY6.9136 versus the greenback. ...

ANZ compensation bill hits earnings

KARREN VERGARA  |  MONDAY, 8 OCT 2018
ANZ will take a massive $374 million hit to its profit thanks to its customer remediation programs. The bank will recognise the losses in 2H18 for refunds owed to customers. It also factored in legal costs associated with the Royal Commission of $55 ...

Netwealth releases adviser toolkit

KANIKA SOOD  |  FRIDAY, 5 OCT 2018
Netwealth has launched a free open-source toolkit that wealth management businesses can leverage for innovation workshops in their offices. The first release focuses on customer experience and journey. The netwealth customer Journey Map workshop puts ...

Fidelity launches active ETF

KANIKA SOOD  |  FRIDAY, 5 OCT 2018
Fidelity International is hoping to get a slice of Australia's $41.5 billion exchange traded fund pool with an actively managed ETF set to launch later this month. The $589 billion manager will offer its global emerging markets ETF on the ASX under ...

Managed accounts provider ramps up tech strategy

KARREN VERGARA  |  FRIDAY, 5 OCT 2018
... benefits quickly," Heather added. MGP's latest FY18 results show the acquisition of Linear dragged the group's earnings into the red. While funds under administration and revenue shot up thanks to the merger, MGP reported a $2.5 million loss after making ...

Chief economist update: That other Fed policy towards normalcy

BENJAMIN ONG  |  THURSDAY, 4 OCT 2018
Latest data updates indicate that the US economic juggernaut continues to power on. The ISM non-manufacturing index shot up from 58.5 in August to a higher than expected 61.6 in September - its highest level on record. In addition, the ADP private sector ...