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Showing 4141 - 4150 of 9316 results for "Red"

NPP to take super by storm: Research

KARREN VERGARA  |  THURSDAY, 1 MAR 2018
Research from CBA and KPMG Australia shows the New Payments Platform (NPP) can save the superannuation industry time and millions of dollars each year. Launched in February, the NPP is able to settle transactions in real-time. The time it takes to top ...

Watermark LIC chair resigns to launch new business

ALEX BURKE  |  THURSDAY, 1 MAR 2018
The chair of the Watermark Global Leaders Fund (WGF) listed investment company is stepping down from his duties to avoid conflicts associated with the launch of a new asset management business. Rohan Hedley also cited increased commitments associated ...

Chief economist update: Australia low on credit

BENJAMIN ONG  |  THURSDAY, 1 MAR 2018
Those still expecting the Reserve Bank of Australia (RBA) to raise the official cash rate - even at least once this year - may have to re-think their call. For sure, economic dynamics may change sometime down the road but given the current slowing trend ...

Netwealth doubles managed account FUM

JAMIE WILLIAMSON  |  WEDNESDAY, 28 FEB 2018
Netwealth saw significant growth in its managed accounts offering during the first half of the 2018 financial year. Reporting a 107% rise on the prior corresponding period, Netwealth's suite of managed accounts now hold $1.4 billion in funds under management. ...

Contribution cap reforms see SMSFs spend cash

JAMIE WILLIAMSON  |  TUESDAY, 27 FEB 2018
Self-managed superannuation fund cash balances fell to a two year low in the December 2017 quarter as trustees allocated more to Australian and international equities. Latest insights from SuperConcepts show cash levels dropped to 17.3% in December ...

ASIC bans former NAB, Westpac adviser

KARREN VERGARA  |  TUESDAY, 27 FEB 2018
ASIC banned a former NAB and Westpac adviser for five years for inappropriately providing superannuation and insurance advice. Brisbane-based financial adviser Christopher Ramsay was a representative of Westpac between 2010 and 2015. He went on to work ...

Unlisted property top performer in 2017: Report

KARREN VERGARA  |  TUESDAY, 27 FEB 2018
Unlisted property funds outperformed most asset classes and delivered returns three times more than Australian equities in 2017. This is according to a joint report compiled by Zenith Investment Partners, MSCI and the Property Funds Association, which ...

Blockchain saving mutual funds US$2.6bn

KARREN VERGARA  |  FRIDAY, 23 FEB 2018
Switching to blockchain infrastructure can save the mutual funds industry US$2.6 billion in back office costs, latest Calastone research shows. The study, which surveyed 234 global mutual funds, measured the economic impact of blockchain and automation. ...

Chief economist update: As luck would have it

BENJAMIN ONG  |  FRIDAY, 23 FEB 2018
Raised volatility on Wall Street, North Korea, American protectionism, stagnant wages growth and high household debt levels, rising electricity prices and still elevated property prices - and more recently, Barnaby Joyce - these are a few of (not my ...

ASFA slams Grattan's super proposals

KARREN VERGARA  |  THURSDAY, 22 FEB 2018
The Association of Superannuation Funds of Australia (ASFA) has slammed the Grattan Institute's key proposals to close the persistent gender gap in superannuation. Grattan Institute fellow Brendan Coates authored a white-paper that said superannuation ...