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Showing 41 - 50 of 1514 results for "Minimum"

hmh Advisory launches online platform

CASSANDRA BALDINI  |  FRIDAY, 8 SEP 2023
... profiles all managed by the firm's financial services and investment committee, it said. Each portfolio requires a minimum of $5000 and is being launched in partnership with OpenInvest. The firm said the solution looks to meet the needs of two specific ...

Life Sherpa rolls out investment solution

JAMIE WILLIAMSON  |  THURSDAY, 7 SEP 2023
... partnering with OpenInvest to offer a low-cost managed investment portfolio solution for clients with low balances. With a minimum investment of $5000, the offering comprises four diversified portfolios with a range of risk/return profiles. Each portfolio ...

Spaceship launches US investing service

JAMIE WILLIAMSON  |  WEDNESDAY, 6 SEP 2023
... service is available to Spaceship Voyager customers for just $2 extra a month, who can execute unlimited trades with a minimum investment of just $10. "Spaceship has prioritised simplicity in the investment process by highlighting a selection of US ETFs ...

Westpac reports $1.8bn net profit, rise in stressed assets

ANDREW MCKEAN  |  MONDAY, 21 AUG 2023
Westpac has posted a net profit of $1.8 billion for 3Q23, driven by steady operating revenue and disciplined margin management. Despite inflationary headwinds which led to a rise in expenses by approximately 5% for the second half of 2023 compared to ...

Hejaz debuts Australia's first Islamic pension product

ANDREW MCKEAN  |  WEDNESDAY, 9 AUG 2023
... working towards, we should be able to exceed that reasonably quickly. It's a rapidly growing market we're seeing, minimum super contributions are increasing, that should result in additional inflows," he said. Equity Trustees will serve as trustee ...

Treasury kicks off managed investment scheme reforms

KARREN VERGARA  |  TUESDAY, 8 AUG 2023
... entities are up for review, as is ASIC's ability to direct a responsible entity to amend a scheme's constitution to meet the minimum content requirements, similar to the Corporate Collective Investment Vehicles (CCIV) regime. Auditors will come under ...

Aware Super details new term deposit option

JAMIE WILLIAMSON  |  MONDAY, 31 JUL 2023
... nine or 12 months, with Aware saying the rates currently range from 4.85% to 5.25% per annum. Each term deposit must be a minimum of $5000, to a maximum of $5 million, and are invested with NAB. Members must maintain the greater of $10,000 or 10% of ...

Macquarie reports decline in earnings amid weaker trading

ANDREW MCKEAN  |  THURSDAY, 27 JUL 2023
... its private credit portfolio. Nevertheless, Macquarie's financial position was said to "comfortably exceed" regulatory minimum requirements. The financial services group said it had a $10.8 billion surplus in capital, down from $12.6 billion in the prior ...

ASIC lifts ClearView interim stop order

KARREN VERGARA  |  FRIDAY, 21 JUL 2023
... has imposed. ASIC was concerned that the TMD failed to consider the impact of key eligibility criteria such as age and minimum employment on the suitability of the product for certain consumers. On July 21, ASIC lifted the stop order. ClearView's updated ...

Rethinking retirement: Focus on spending, not saving

ANDREW MCKEAN  |  FRIDAY, 21 JUL 2023
... we're already seeing with our lifetime solutions, these clients already had advice and they were still drawing down the minimum," Hillier said. "That's an incredible insight in that advice alone is not enough. It's not just about giving the consumer ...