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Showing 5671 - 5680 of 21771 results for "Dec"

Chief economist update: Red metal turning red hot

BENJAMIN ONG  |  TUESDAY, 16 FEB 2021
The latest GDP growth updates show that the world's major economies remain in contraction (in year-on-year terms) at the end of 2020 and despite the roll-out of vaccines, the COVID-19 pandemic (and now its variants) remain with us, triggering stop-and-go ...

Statewide warns of cold calls to members

ELIZA BAVIN  |  MONDAY, 15 FEB 2021
Statewide Super has warned community members about financial services organisations making unsolicited phone calls, offering high-cost financial advice and unrealistic return promises. The caution comes after one of its long-term members received an ...

Westpac to combine Advance super with BT Super

KANIKA SOOD  |  MONDAY, 15 FEB 2021
Westpac's Advance Asset Management has notified its superannuation members of its intention to transfer the products into BT's new super product. Advance notified members of three funds recently: Advance Super Account, Advance Allocated Pension ...

CommSec launches trade knowledge tool

ELIZA BAVIN  |  MONDAY, 15 FEB 2021
CommSec said it has seen a 200% increase in investors seeking executional information around how trading works as younger people show increased interest in wholesale trading. CommSec said first time traders contributed to around 10% of total trades ...

Industry fund awards $60m small caps mandate

KANIKA SOOD  |  MONDAY, 15 FEB 2021
A boutique founded by former the small caps team at UBS Asset Management has won a $60 million mandate from a $5.4 billion industry fund. TWUSUPER has selected Eiger Capital for the equities allocation. "This mandate furthers TWUSUPER's plan to ...

Fiducian profit, growth jump

ANNABELLE DICKSON  |  MONDAY, 15 FEB 2021
ASX-listed Fiducian Group recorded a 7% increase in net profit to $5.7 million and a steady rise in funds under management, advice and administration (FUMAA) in its half-year results. The group which includes funds management, financial advice and corporate ...

CareSuper hires from VFMC

ELIZA BAVIN  |  MONDAY, 15 FEB 2021
CareSuper has confirmed the appointment of a new investment manager, joining from Victorian Funds Management Corporation (VFMC). Huey Miin Lim has joined the super fund as its new investment manager, departing her role as senior analyst, fixed income ...

SG rise a bad idea: Chartered Accountants

ELIZABETH MCARTHUR  |  MONDAY, 15 FEB 2021
According to Chartered Accountants Australia and New Zealand, the superannuation guarantee should not rise from 9.5% to 12%. "Since the last election, there has been a global pandemic, the first Australian recession in 29 years, our highest unemployment ...

To keep or not to keep JobKeeper

BENJAMIN ONG  |  MONDAY, 15 FEB 2021
"Never ask a barber if you need a haircut," Warren Buffett once famously advised. The barber's nod will invariably be met with opposition from shampoo manufacturers. Such is the divide between the Morrison government (the barber) and labour unions ...

Wage subsidy to rescue advice industry

ELIZABETH MCARTHUR  |  FRIDAY, 12 FEB 2021
With just 65 new names appearing on the ASIC Financial Adviser Register in 2020, the rapid decline in adviser numbers has industry experts calling for a wage subsidy to incentivise advice practices to take hire graduates. In its pre-Budget submission ...