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Showing 551 - 560 of 1270 results for "UPS"

Magellan officially ramps up retail offering

ALEX BURKE  |  THURSDAY, 10 AUG 2017
Alongside its annual results which report a slight dip in net profit, Magellan Financial Group officially highlighted its plan to launch an initial public offering for a new ASX-listed investment vehicle. The Magellan Global Trust will target a 4% cash ...

RBI succumbs to low-flation

BENJAMIN ONG  |  FRIDAY, 4 AUG 2017
The Reserve Bank of India (RBI) cut interest rates by 25 basis points - repo rate to 6% (the first reduction in 10 months and the lowest rate since October 2010) and the reverse repo rate to 5.75% (reversing the 25 bps hike announced only four months ...

APRA cuts red tape on superannuation transfers

ALEX BURKE  |  WEDNESDAY, 26 JUL 2017
... products following industry consultation. The regulator's Prudential Practice Guide SPG 227 Successor Fund Transfers and Wind-ups (SPG 227) widens the definition of what can be considered members' "equivalent rights" in each super product, essentially ...

Insurtech is coming and could make insurance obsolete: PwC

EMMA RAPAPORT  |  WEDNESDAY, 26 JUL 2017
... while artificial intelligence can generate advice on their entire insurance portfolio. "This analysis could identify double-ups in cover, gaps to be filled or suggest other products (or insurers) that might be more suitable." Spooner also warned of the ...

Flashes: activity expansion and moderating inflation

BENJAMIN ONG  |  TUESDAY, 25 JUL 2017
While there's a few ups and downs, Markit Economics' fresh batch of flash PMI estimates hasn't altered from the prevailing dynamics in the world's biggest economies of continued expansion in manufacturing and service sector activity and low or easing ...

Stone and Chalk partners for new Melbourne hub

EMMA RAPAPORT  |  MONDAY, 24 JUL 2017
... fast-moving industry that's integral to Australia's future." Since launching in 2015, Stone & Chalk has housed over 90 start-ups with 32 graduating alumni including Data Republic, Reinventure and H2 Ventures. Globally the fintech industry has grown from ...

Investment managers turning to hungry retail market

ALEX BURKE  |  MONDAY, 24 JUL 2017
Boutique and alternatives managers, traditionally the purview of institutional and wholesale investors, are turning to an increasingly sophisticated retail market to diversify their client bases. Consider Cooper Investors, the $11 billion global equities ...

Class integrates with two boutiques

KARREN VERGARA  |  FRIDAY, 14 JUL 2017
... year, a quarter of SMSFs will need written product advice to support the transactions accountants help with, including set-ups and pensions. Meanwhile, specialist superannuation service provider Super Know How has integrated with Class technology to ...

Midwinter recruits to strengthen cyber security strategy

JAMIE WILLIAMSON  |  TUESDAY, 11 JUL 2017
Financial services technology provider Midwinter appointed a head of cyber security to assist in launching its new service providing cyber health checks to financial advisers and accountants. Joining from Commonwealth Bank, Edward Li will be responsible ...

Sunsuper acquires multi-million dollar shopping centre

EMMA RAPAPORT  |  SATURDAY, 8 JUL 2017
Sunsuper is purchasing a major shopping centre in sub-regional New South Wales, marking the $45 billion super fund's first direct retail acquisition. Marketown Shopping Centre in Newcastle is being acquired by AMP Capital on behalf of Sunsuper for about ...