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Showing 6311 - 6320 of 19591 results for "RIS"

Russell Investments names wholesale partnerships lead

KARREN VERGARA  |  WEDNESDAY, 5 JUN 2019
Russell Investments has hired a new head of wholesale partnerships to help grow the firm's footprint in the managed accounts space. Neil Rogan joined the fund manager last month, reporting to managing director for Australia Jodie Hampshire. Sydney-based ...

Super figures point to NSW victory

HARRISON WORLEY  |  WEDNESDAY, 5 JUN 2019
If superannuation performance figures mean anything in the world of rugby league, the Blues will win the Origin opener tonight. Just hours before the Blues and Maroons begin the annual battle for rugby league supremacy at Brisbane's Suncorp Stadium ...

Chief economist update: The path of monetary policy according to Lowe

BENJAMIN ONG  |  WEDNESDAY, 5 JUN 2019
"Toto, we're not in Kansas anymore." The Reserve Bank of Australia's (RBA) decision to cut the official cash rate to a fresh record low of 1.25% takes the country's monetary policy into uncharted waters. More uncharted it would be if JP ...

Minimum wage rises by 3%

HARRISON WORLEY  |  TUESDAY, 4 JUN 2019
Australia's minimum wage is set to rise by 3%. The Fair Work Commission has determined Australia's national minimum wage (NMW) will increase by 3% to $19.49 per hour. Effective from the first full pay period starting on or after July 1, the increase ...

J.P. Morgan cuts management fees

KARREN VERGARA  |  TUESDAY, 4 JUN 2019
J.P. Morgan Asset Management Australia has slashed management fees on all bond funds by nearly a third. From 1 June 2019, management fees for the following bond funds have been reduced: JPMorgan Global Strategic Bond Fund - from 0.60% to 0.40%; JPMorgan ...

TAL offers advisers ethics assistance

HARRISON WORLEY  |  TUESDAY, 4 JUN 2019
The life insurer will offer a training course to help financial advisers apply the Financial Adviser Standards and Ethics Authority's code of ethics. In an effort to help advisers apply the code, TAL is offering a course via its risk academy. Run by ...

Plato fund shuts down

KANIKA SOOD  |  TUESDAY, 4 JUN 2019
An Aussie equities fund from Plato Investment Management is shutting down following a decision from its responsible entity. The Plato Australian Shares Income Fund (Managed Risk) is set to close. It currently holds about $20 million in funds. The fund's ...

Industry wide pay cut for boards

ELIZABETH MCARTHUR  |  TUESDAY, 4 JUN 2019
The Governance Institute released results of its Australian Board Remuneration Survey, finding remuneration is up for board chairs and directors across the country - except in the finance and insurance sectors. Board members in finance and insurance ...

Chief economist update: The rate cut Australia has to have

BENJAMIN ONG  |  TUESDAY, 4 JUN 2019
Reserve Bank of Australia governor Philip Lowe is set to be remembered in history as the man who took Australia's official cash rate from a historic low of 1.5% - set under Glen Stevens one month before he stepped down as RBA head honcho in September ...

The case for tax deductible advice

JAMIE WILLIAMSON  |  MONDAY, 3 JUN 2019
A growing community of like-minded financial advisers is adding its voice to calls for advice to be deemed tax deductible, as advice businesses grapple with the pressures of increased education standards and the Royal Commission. XY Adviser, along with ...