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Showing 21 - 30 of 551 results for "Discretionary"

Inflation drops to 5.6%

CASSANDRA BALDINI  |  THURSDAY, 29 JUN 2023
... retail turnover was supported by a rise in spending on food and eating out, combined with a boost in spending on discretionary goods. "This latest rise reflected some resilience in spending with consumers taking advantage of larger than usual promotional ...

Advice practice valuations rise: Radar Results

KARREN VERGARA  |  FRIDAY, 9 JUN 2023
... retail financial advice, superannuation, risk, and negative gearing currently has a market value of $20,000. Managed discretionary accounts plus a basic AFSL goes for $40,000. Forex trading plus a basic AFSL fetches $500,000 or more. There are currently ...

Advisers pivot to protect retirees from inflation

CASSANDRA BALDINI  |  WEDNESDAY, 7 JUN 2023
... approach, where retirees regularly review changes to their portfolio and the macro environment and then adjust their discretionary spending - their want spending, accordingly." The Retirement Advice Centre business owner David Reed said this is the approach ...

US debt ceiling agreement reached

CASSANDRA BALDINI  |  MONDAY, 29 MAY 2023
... said. The 99-page bill text will be subject to a Congress vote on Wednesday, McCarthy added. It includes two-year discretionary spending limits, veteran medical care, a boost in work requirements for able-bodied adults and termination of suspension of ...

Income Asset Management buys credit fund

CHLOE WALKER  |  THURSDAY, 25 MAY 2023
... holding," IAM said. IAM said its clear objective is to build a formidable funds management business across formal discretionary funds, non-discretionary model bond managed accounts and Funds distribution business. "We have exited the 25% investment in ...

Portfolio resistance is key: VanEck

CASSANDRA BALDINI  |  THURSDAY, 30 MAR 2023
... have performed poorly. "Fiscal stimulus aimed at the consumer will benefit new economy sectors, including consumer discretionary, travel, airlines, healthcare, education and technology and are of the view that the new economy presents the best opportunities ...

Managed accounts achieve record inflows: IMAP

CHLOE WALKER  |  TUESDAY, 28 MAR 2023
... accounts remain the most popular choice for consumers, seeing an 18% increase in six months. Meanwhile, managed discretionary accounts saw a slight decrease in FUM, dropping from $50.64 billion to $50.04 billion in the six months to December 31. Potter ...

Equity Trustees wins real estate fund mandate

ANDREW MCKEAN  |  TUESDAY, 21 MAR 2023
... Fund invests in convenience-based retail centres with solid underlying fundamentals and a high proportion of non-discretionary income. The objective of the fund is to offer investors exposure to a diversified portfolio of retail assets, with the potential ...

Gender balance is smart economics: CEW

MICHELLE BALTAZAR  |  TUESDAY, 7 MAR 2023
... been earning in previous roles," said Guthleben. More could be done on pay, said Telfer. "Anywhere that you have a discretionary bonus system like most of the financial services industry, you are going to have a higher risk of unconscious bias in setting ...

Centuria adds to glasshouse portfolio

CHLOE WALKER  |  TUESDAY, 7 MAR 2023
... pandemic and other climatic and geopolitical events have highlighted the importance of food security and access to non-discretionary fresh produce," Centuria head of agriculture Andrew Tout said. "Australia is also reputed for being a 'clean and ...