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Showing 21 - 30 of 544 results for "Term deposit"

LGT Crestone, AUSIEX acquisitions finalised

KARREN VERGARA  |  TUESDAY, 3 JUN 2025
AUSIEX has finalised its acquisition of FIIG Holdings, while LGT Crestone's takeover of Commonwealth Bank of Australia's (CBA) private wealth business has completed. AUSIEX, which is a subsidiary of Nomura Research Institute (NRI), has now expanded ...

AMP super class action finally hits court

JAMIE WILLIAMSON  |  TUESDAY, 27 MAY 2025
A class action that was filed against AMP for charging excessive superannuation fees is finally being heard in court, with the trial kicking off today. In 2019, following the Royal Commission, several law firms sought to commence class actions against ...

Betashares launches fixed income ETFs

KARREN VERGARA  |  THURSDAY, 8 MAY 2025
Betashares has launched three fixed income ETFs, designed to replicate the characteristics of traditional bonds. The three products - Betashares 2028 Fixed Term Corporate Bond Active ETF (ASX:28BB), 2029 Fixed Term Corporate Bond Active ETF (ASX:29BB) ...

Perpetual to build digital wholesale term deposit marketplace

JAMIE WILLIAMSON  |  TUESDAY, 8 APR 2025
... greater efficiency, competition, and transparency to the market. "The license will allow us to enable the wholesale term deposit market to operate more effectively, efficiently and economically, while managing cyber security and maintaining compliance." ...

NGS Super shutters direct investment option

JAMIE WILLIAMSON  |  THURSDAY, 27 FEB 2025
NGS Super will close its Self-Managed Direct Investment Option, saying it is no longer viable to continue offering the service. NGS Super's Self-Managed Direct Investment Option (DIO) was provided via OneVue Wealth Services. However, OneVue has advised ...

Centrepoint Alliance launches long-awaited IconiQ platform

ELIZA BAVIN  |  WEDNESDAY, 4 DEC 2024
Centrepoint Alliance has launched the IconiQ investment platform, developed in partnership with FNZ, to provide advisers with both an Investment and Super Wrap solution. Centrepoint said the Investment Wrap is a comprehensive investment account designed ...

'But for' compensation methodology unfair: FAAA

KARREN VERGARA  |  FRIDAY, 29 NOV 2024
... in high-growth portfolios, and then lost their money. Many people would agree that if the client remained in the term deposit, the money would not have been lost, he said, adding that AFCA wouldn't use the best-returning fund as a basis for the calculation. ...

SMSFs surpass $1tn milestone

MATTHEW WAI  |  WEDNESDAY, 27 NOV 2024
The latest statistics from the Australian Taxation Office (ATO) show the total assets held within self-managed superannuation funds (SMSFs) hit $1.02 trillion at September end. The total SMSF members grew to 1,173,867 in over 630,000 SMSFs, with over ...

IAM announces new product, appointment

ELIZA BAVIN  |  MONDAY, 21 OCT 2024
Income Asset Management (IAM) has launched a new asset backed securities (ABS) and residential mortgage-backed securities (RMBS) product, ABS-RMBS Direct. The new product aims to offer investors direct access to the asset class. ABS and RMBS are investment ...

Schroders launches high yield credit strategy

MATTHEW WAI  |  FRIDAY, 27 SEP 2024
... strategies since 2001, is now available as a standalone fund and will allow investors to diversify their equity or term deposit allocations whilst preserving capital. The fund is managed by Helen Mason, reporting to head of fixed income Kellie Wood. ...