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Showing 471 - 480 of 2174 results for "Mortgage"

Chief economist update: When QE is not QE

BENJAMIN ONG  |  MONDAY, 14 OCT 2019
... aftermath were concentrated in purchases of longer-term securities-principally longer-term Treasury securities and agency mortgage-backed securities," it said. "These operations were aimed at putting downward pressure on longer-term interest rates. The ...

AMP combines business units, appoints new boss

KANIKA SOOD  |  THURSDAY, 10 OCT 2019
AMP Limited has announced it is combining its Australian wealth management business with banking into a new entity named AMP Australia, and has shuffled its C-suite lineup. AMP chief executive Francesco De Ferrari said the integration of the wealth ...

IOOF launches budgeting app

ELIZA BAVIN  |  WEDNESDAY, 9 OCT 2019
... fincentral, will be made available to clients through its advisor network and will allow users to track multiple bank, mortgage, investment and superannuation accounts. The company said the online goal-based budgeting app aims to give users a compete ...

Advice associations slammed

JAMIE WILLIAMSON  |  THURSDAY, 3 OCT 2019
... advisers." Comparing the efforts of the AFA and the FPA in battling changes to remuneration structures to that of the mortgage broking industry, the UFAA said: "Within only a couple of months, the government not only reinstated broker commissions, but ...

Moelis eyes new private credit fund, appoints lead

KANIKA SOOD  |  THURSDAY, 3 OCT 2019
Moelis Australia has appointed a new managing director as it gears up to launch a new private credit fund. Oliver Trajcevski is joining the company from Dinimus Capital where he launched and managed three private credit funds with $400 million in total. ...

National Seniors partners with retirement funder

HARRISON WORLEY  |  FRIDAY, 27 SEP 2019
Australia's peak advocacy body for seniors partnered with a specialist retirement funding provider in an effort to improve retirement outcomes. National Seniors Australia (NSA) has partnered with Household Capital to work towards better retirement outcomes ...

Undisclosed additional lending must stop

KRISTI CHENG  |  THURSDAY, 26 SEP 2019
... that," he said. The second reason is the risk involved as an investor: in the event of insolvency, an unregistered second mortgage would be deemed to be an unsecured creditor. "One of the key protections you have as a lender is security. If you haven't ...

Adviser cops three-year ban

KANIKA SOOD  |  WEDNESDAY, 25 SEP 2019
... 920A(1) and 920B(2). Marshall holds a diploma of financial services (financial planning) and other qualifications in SMSFs, mortgage broking and finance. He is also a member of the Association of Financial Advisers, according to ASIC's Financial Adviser ...

Chief economist update: RBA cuts official cash rate to 0.75%

BENJAMIN ONG  |  WEDNESDAY, 25 SEP 2019
This will be the headline flashing on your screens at around 230 in the afternoon of Tuesday, October 1, after the Reserve Bank of Australia (RBA) concludes its scheduled board meeting. In his address to the Armidale Business Chamber, RBA governor Philip ...

Priced out: Advice affordability at risk

ELIZABETH MCARTHUR  |  MONDAY, 9 SEP 2019
... administration he's been able to build a profitable business model. But, even he acknowledges: "If insurance and mortgage commissions go then advice will become unaffordable for ordinary Australians." This comes after MetLife research found 60% of ...