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Showing 371 - 380 of 2171 results for "Mortgage"

Wealth platform adds to board

KANIKA SOOD  |  TUESDAY, 20 OCT 2020
... platform for wholesale investors started by former Citi Wealth employees has added the general manager of distribution at Mortgage Choice to its board. David Zammit is joining the board of Stropro, as the one-year-old fintech looks to scale distribution. ...

Retirees value home over super: Research

ANNABELLE DICKSON  |  FRIDAY, 9 OCT 2020
... average respondent's wealth is held in the value of their home with 67% owning their home outright and 12.5% holding a mortgage. Almost all retirees are aware that the capital held in their property can be used to fund their retirement. Household Capital ...

Adelaide fund manager adds to board

KANIKA SOOD  |  TUESDAY, 6 OCT 2020
... Securities executive chair Andrew Luckhurst-Smith said. "Importantly, as we look to grow the funds under management in our mortgage trust entities, it is important that the company's leadership is able to draw on a wide range expertise, such as what ...

Ratings deteriorate at AMP

ALLY SELBY  |  FRIDAY, 2 OCT 2020
... has an indemnity from AMP Group for losses arising from this portfolio of loans," Moody's said. The bank's residential mortgage portfolio also benefits from a decreasing proportion of interest-only loans, the ratings house said, which fell from 27% of ...

La Trobe completes half billion issuance

ELIZABETH MCARTHUR  |  FRIDAY, 25 SEP 2020
Blackstone owned La Trobe Financial has completed a $500 million residential mortgage backed security (RMBS) issuance. "We are pleased with the pricing this transaction achieved in a market that continues to carry significant uncertainty," La Trobe ...

ASIC cleans up 'cash plus' funds

KANIKA SOOD  |  WEDNESDAY, 23 SEP 2020
... liquidity advertised to investors match that of the underlying assets. It narrowed it down to funds in fixed income, mortgage and property sectors (which ASIC says were largely appropriately labelled) from which it whittled down to 22 funds (with over ...

Bermuda-based fund launches down under

ALLY SELBY  |  WEDNESDAY, 23 SEP 2020
... insurance company. "People relinquish their life insurance for many reasons including that the family has grown up and mortgage paid out so the need for life insurance is diminished or circumstances mean they can no longer afford to keep the policy," ...

ME Bank profits rise in FY20

ELIZABETH MCARTHUR  |  THURSDAY, 17 SEP 2020
... executive Jamie McPhee resigned suddenly in July after weathering scrutiny over the bank's adjusting of redraw facilities for mortgage customers earlier in the year. The search for a permanent chief executive is ongoing. As for the redraw scandal, Crane ...

Netwealth takes stake in Aussie fintech

ANNABELLE DICKSON  |  THURSDAY, 17 SEP 2020
... company's proposition. Xeppo's technology specialises in data reconciliation to support wealth management, accounting and mortgage industries resulting in users to better manage client relationships, new business and monitor compliance. Its primary ...

Advice too expensive, hard to access: FPA

ALLY SELBY  |  WEDNESDAY, 16 SEP 2020
... hundred dollars, to talking about [whether they should] put a thousand dollars in super or [towards paying off their] mortgage? That remains the challenge." Broome agreed, confirming that financial advice is both expensive and often hard to access for ...