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Showing 6021 - 6030 of 15789 results for "TER"

Profit downgrade hurts Challenger

KARREN VERGARA  |  THURSDAY, 24 JAN 2019
Challenger shares dropped by 17% overnight after recently appointed chief executive Richard Howes flagged a profit downgrade. Challenger's share price plunged from $9.23 to about $7.65 on the back of lower-than-expected December 2018 half-year results. ...

Chief economist update: Bring on Aussie dollar depreciation

BENJAMIN ONG  |  THURSDAY, 24 JAN 2019
"Capital Economics sees the local currency falling to US60c this year and hovering there through 2020; it previously forecast it at US65c for 2019 and US70c for 2020." (Australian Financial Review) That's a whopping 15%-16% drop from A$/US$ exchange ...

Australia still low on trust barometer

KANIKA SOOD  |  WEDNESDAY, 23 JAN 2019
Australians are reporting an increased trust in their institutions to do "what is right" since last year but overall levels still remain low, according the 2019 Edelman Trust Barometer. On an average, 40% of Australia's general population trusted ...

Fund manager expands distribution team

KANIKA SOOD  |  WEDNESDAY, 23 JAN 2019
A listed equities boutique fund manager has hired from BlackRock, as it expands adviser distribution ahead of its foray into private equity. Pengana Capital Group (ASX: PCG) appointed Ryan Crewe as a business development manager in a newly-created role. ...

VicSuper updates digital advice offering

HARRISON WORLEY  |  TUESDAY, 22 JAN 2019
A refreshed user interface, a new coach avatar and new retirement planning options have been rolled out to VicSuper members after the fund updated its Beeline digital guidance and advice tool. The update means VicSuper members now have a new mix of ...

Alternatives an antidote to volatility: Report

KARREN VERGARA  |  TUESDAY, 22 JAN 2019
As volatility continues to plague the equity markets, alternatives are attracting investors with solid income streams and stability amid the uncertainty. The inaugural J.P. Morgan Global Alternatives Outlook, which surveyed global chief executives ...

Industry funds dominate member satisfaction

KANIKA SOOD  |  TUESDAY, 22 JAN 2019
Only two retail super funds made the top 10 in a Roy Morgan list that measured how satisfied members felt with their fund's financial performance. The two retail funds to make the list were Asgard and Macquarie and they were below the average satisfaction ...

LICs defy franking credit refund changes

KARREN VERGARA  |  TUESDAY, 22 JAN 2019
Amid the uncertainty surrounding the future of franking credit refunds, two listed investment companies are rewarding shareholders with special dividends. The Australian Foundation Investment Company (AFIC) and Mirrabooka announced they will pay special ...

Chief economist update: Policy normalisation interrupted

BENJAMIN ONG  |  TUESDAY, 22 JAN 2019
What a world of difference a year makes! The International Monetary Fund (IMF) has just released its World Economic Outlook Update, the heading: A Weakening Global Expansion. Says it all, really...and for a synopsis: "The global expansion has weakened. ...

Advice jobs are coming: Recruiter

KANIKA SOOD  |  MONDAY, 21 JAN 2019
Advisers and paraplanners face a year of booming job prospects, as the industry switches into hiring mode after a tough year of regulation, a large recruiting agency reports. According to the latest Hays Jobs Report, advice businesses sat on recruiting ...