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Showing 581 - 590 of 1879 results for "Never"

Westpac ditches dividend

ELIZA BAVIN  |  TUESDAY, 18 AUG 2020
Westpac has become the first of the big four banks to not deliver a dividend in its first half results as it reported a net profit of $595 million and revealed it anticipates further enforcement action from ASIC. Westpac chief executive Peter King said ...

LNP halts push for SG rise

ELIZA BAVIN  |  MONDAY, 17 AUG 2020
The Prime Minister said he is very aware of issues with the legislated increase to the superannuation guarantee, saying things have changed since it was decided upon, while Senator Jane Hume said she is ambivalent on the issue. Speaking at a press conference ...

Law firm slams insurer mental health policies

ELIZABETH MCARTHUR  |  FRIDAY, 14 AUG 2020
... already knock out a lot of workers if they are casual or in a hazardous occupation, often paying for a product they were never going to be eligible for," she said. "Then there are delay tactics in the hope that people will just give up or apply for Centrelink. ...

Magellan readies lower-cost funds

KANIKA SOOD  |  WEDNESDAY, 12 AUG 2020
Magellan is readying a new low-cost lineup of its strategies for retail investors, as it reports 5% higher net profit after tax of $395.2 million for FY20. The Magellan Core series will kick off as open-ended funds on Chi-X (so far its ETFs use ASX ...

New platform launches for super funds

ELIZA BAVIN  |  MONDAY, 10 AUG 2020
... launched the Equity Agility Platform in response, with Briant saying the new reality for funds if that their positioning is never finished and equity agility should be a key part of responding to the new reality. "This Investment Management Agreement ...

FPA award nominations open, new award announced

ALLY SELBY  |  WEDNESDAY, 5 AUG 2020
... their clients and the broader community with advice as many Australians find themselves in a financial situation they have never experienced before." The awards provide the FPA the opportunity to highlight the positive and vital work the association's ...

Pinnacle reports FY20 inflows, profits

KANIKA SOOD  |  TUESDAY, 4 AUG 2020
Pinnacle Investment Management's 16 affiliates tallied up only $3 billion in net inflows in FY20 as institutional allocators deferred mandate decisions in COVID-19 but the firm managed to grow NPAT by 5.6% to $32.2 million. PNI this morning reported ...

Life insurance at tipping point: Industry leaders

ALLY SELBY  |  FRIDAY, 31 JUL 2020
... Friday you are thinking about new customers and maybe on Friday afternoon you are thinking about existing customers, you are never going to really think about how to tackle some of those challenges," she said. The industry needed to think differently ...

Pinnacle puts zero-fee ETF experiment to bed

KANIKA SOOD  |  THURSDAY, 30 JUL 2020
... more about the value proposition. They need to be fit for purpose and not just cheap," Higgins said. "Does it mean we will never see them? No it doesn't but you have to remember none of them [such as Fidelity's] are zero fee after you take into account ...

IOOF increases FUMA, lifts remediation costs

ANNABELLE DICKSON  |  THURSDAY, 30 JUL 2020
... face of economic uncertainty and financial stress the value and importance of financial advice, for all Australians, has never been more evident."