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Showing 4641 - 4650 of 19419 results for "One"

ESG funds crowned winners of COVID-19 crisis

ALLY SELBY  |  MONDAY, 3 AUG 2020
... billion) at the close of the first quarter to $17.7 billion (US$12.6 billion). At the end of June, sustainable assets recorded one of their highest levels, only outpaced by their peak at December 2019. Morningstar found there are now 108 strategies in ...

Netwealth hits fund managers with new fee

KANIKA SOOD  |  FRIDAY, 31 JUL 2020
... go to $2000 plus GST per rebate agreement from next financial year. As an example, a fund manager offering fee rebates on one fund to 10 advisers, licensees or managed accounts providers will end up paying $20,000 to Netwealth in rebate admin fee. The ...

Platforms reveal merger details

ANNABELLE DICKSON  |  FRIDAY, 31 JUL 2020
... per Praemium Share as at July 28. Praemium will split the $55.6 million purchase price as 7.5 cents per share in cash and one Praemium share for every two Powerwrap shares. It is also the largest shareholder of Powerwrap with a 15.1% stake in the business. ...

Spend your money how you please: PM

ELIZA BAVIN  |  FRIDAY, 31 JUL 2020
... Morrison said, based on the advice he has received, he is not concerned about people abusing the scheme and believes it is no one's place to lecture Australians on the matter. "Superannuation doesn't belong to the superannuation fund managers. It ...

UK pension fund to go net zero

JAMIE WILLIAMSON  |  THURSDAY, 30 JUL 2020
... involved in these activities by 2025, unless the companies implement a clear plan to phase out all related activity by 2030. "No-one wants to save throughout their life to retire into a world devastated by climate change," NEST chief investment officer ...

HUB24 awards super trustee mandate

KANIKA SOOD  |  THURSDAY, 30 JUL 2020
... Trustees to deliver our strategic objectives as our business evolves," HUB24 managing director Andrew Alcock said. HTFS is one of two superannuation trustee entities, alongside Equity Trustees Superannuation Limited (ETFL). Earlier this month, Equity ...

Gold rally continues to hit new highs

ALLY SELBY  |  THURSDAY, 30 JUL 2020
... believes gold's record highs have a weakening US dollar to blame. "The recent surge in gold and the Australian dollar have one thing in common - namely an emerging breakdown in the US dollar. The $US surged during the early phase of the coronavirus panic ...

AIST pushes for policy reform

ALLY SELBY  |  THURSDAY, 30 JUL 2020
... for Australians to enjoy a financially secure retirement without owning a home. "Barely a week goes by these days without one commentator or another suggesting that Australians should be allowed to tap into mandatory super savings to buy their first ...

Banking crisis more likely in conflicted countries: IMF

ELIZA BAVIN  |  THURSDAY, 30 JUL 2020
... the Sierra Leone civil war (1991-2002), where more than 40% of banking system loans were non-performing and the licence of one bank was suspended in 1994. In Central African Republic, bank non-performing loans increased to more than one-third of total ...

Financial comfort reliant on fiscal support: ME Bank

ANNABELLE DICKSON  |  THURSDAY, 30 JUL 2020
... support is the main action stopping them from falling over," he said. Almost 40% of households have benefitted from at least one of the recent government payments or taken their own actions in response to the pandemic. Around one in five households are ...