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Showing 5901 - 5910 of 20553 results for "BEN"

Platinum LIC posts $29m in losses

KANIKA SOOD  |  WEDNESDAY, 20 FEB 2019
Platinum Capital Limited posted $29 million in net losses after tax for the half year ending December 31. The listed investment company (ASX: PMC) has $446 million in funds under management, invests in developed and emerging markets businesses, and ...

Clearview overhauls life insurance premiums

KARREN VERGARA  |  WEDNESDAY, 20 FEB 2019
Clearview is introducing a number of pricing changes to its LifeSolutions offering. New LifeSolutions customers will be subject to new pricing structures from 1 March 2019. Stepped and hybrid premiums life and TPD premium rates will be lowered, while ...

Ausbil launches dividend income fund

KANIKA SOOD  |  WEDNESDAY, 20 FEB 2019
The $11 billion equities manager has launched a fund that will invest in S&P/ASX 200 companies with the aim of paying monthly distributions. The Ausbil Active Dividend Income fund will generate dividend income through cyclical opportunities, earning ...

Opportunities outweigh threats when it comes to SMSFs

HARRISON WORLEY  |  WEDNESDAY, 20 FEB 2019
Threats to the SMSF sector certainly exist, but they are outweighed by opportunities, according to the Self-Managed Super Fund Association. Opening the SMSF advocacy body's national conference in Melbourne this morning, a panel of industry experts discussed ...

Group insurance reforms to be tabled

JAMIE WILLIAMSON  |  WEDNESDAY, 20 FEB 2019
Legislative reforms that will see group life insurance offered to under-25 year olds and those with low account balances on an opt-in basis will be tabled in Parliament today. The Treasury Laws Amendment (Putting Members' Interests First) Bill 2019 ...

Chief economist update: BOJ exit last year, BOJ easing this year

BENJAMIN ONG  |  WEDNESDAY, 20 FEB 2019
Japanese officials and investors must be wiping the sweats from their foreheads after the Cabinet Office released its latest National Accounts report and showed the country dodged a recession. Japanese GDP grew 0.3% in the December 2018 quarter following ...

Family office backs new boutique

KANIKA SOOD  |  TUESDAY, 19 FEB 2019
Three founding members of Macquarie's Asian listed equities division are set to launch a boutique with the backing of a prominent family office. Sam Le Cornu, who was Macquarie's Asian listed equities business' co-head, executive director and head of ...

Charities and trust: Glass half empty or half full?

KANIKA SOOD  |  TUESDAY, 19 FEB 2019
A recent survey says Australia's trust in non-profits strengthened last year, yet complaints received by the charity regulator are rising. The 2019 Edelman Trust Barometer found 56% of Australians trusted non-governmental organisations to do the right ...

Netwealth to benefit from RC fallout

HARRISON WORLEY  |  MONDAY, 18 FEB 2019
The Royal Commission might have been harsh on some financial services providers, but Netwealth said it's poised to benefit. Informing the market of its half-yearly financial performance this morning, the platform provider said strong flows towards ...

Chief economist update: Where sentiment goes, there too is spending

BENJAMIN ONG  |  MONDAY, 18 FEB 2019
The University of Michigan's latest update on consumer confidence indicates that there's hope still for household spending. Recall the reported big drop in US retail spending (down 1.2% in the month of December) that I penned is consistent with ...