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Showing 6411 - 6420 of 20555 results for "BEN"

Should high-income earners pay charity levy?

DARREN SNYDER  |  FRIDAY, 13 JUL 2018
Academics have proposed a new system to better distribute Australia's wealth - one which would see high-income earners pay a charity levy. The levy would be based on a small percentage of earnings for Australians with income of more than $269,000 ($US200,000). ...

Praemium FUA surpasses $8bn

KARREN VERGARA  |  FRIDAY, 13 JUL 2018
Praemium's funds under administration surpassed $8 billion thanks to a bumper June 2018 quarter of key client wins. FUA shot up 35% compared to the prior corresponding period, with about $566 million of inflows coming in from Australian business. ...

Boutique licensee acquires regional advice firm

JAMIE WILLIAMSON  |  FRIDAY, 13 JUL 2018
In its largest transaction to date, a growing boutique dealer group has acquired a Mudgee-based financial advice practice. Profile Financial Services has bought onePlan Financial Planning, following an extensive review of potential buyers by the practice's ...

Chief economist update: Weak wages a puzzle, could become a problem

BENJAMIN ONG  |  FRIDAY, 13 JUL 2018
... the decline in real wages. The bad news, an escalation of Trump's war on trade goods sends consumer prices even higher. Ben Ong is the Director of Economics and Investments at Rainmaker Group. He previously worked as a fund manager, economist, asset ...

Investor interest in long-short strategies surging: Zenith

KANIKA SOOD  |  THURSDAY, 12 JUL 2018
The amount invested in Zenith-rated long-short Australian equity strategies surged 43% in the 12 months to March as investors steer portfolios through a prolonged bull run with concerns for a market correction in the future. Over a four-year period ...

Pre-retirees fear longevity risk: AustralianSuper

JAMIE WILLIAMSON  |  THURSDAY, 12 JUL 2018
AustralianSuper is launching a retirement confidence index it says will shine a light on how the superannuation system can reduce anxiety among pre-retirees. Created in conjunction with Monash University, the AustralianSuper Retirement Confidence Index ...

Chief economist update: Australian dollar loss is economy's gain

BENJAMIN ONG  |  THURSDAY, 12 JUL 2018
... more. The cheap Australian dollar also makes Australian assets - stock market cough, cough - more attractive to foreign eyes. Ben Ong is the Director of Economics and Investments at Rainmaker Group. He previously worked as a fund manager, economist ...

IMF Bentham eyes potential Facebook, Cambridge Analytica goldmine

JAMIE WILLIAMSON  |  WEDNESDAY, 11 JUL 2018
IMF Bentham will potentially fund a class action against Facebook, having already invested in a complaint against the social media giant in response to the now-infamous Cambridge Analytica scandal. IMF Bentham is funding a new representative complaint ...

CBA should have done more: Federal Court

HARRISON WORLEY  |  WEDNESDAY, 11 JUL 2018
The Federal Court judge who slapped the Commonwealth Bank with a $5 million pecuniary penalty over its role in setting the bank bill swap rate said the bank should have better supervised its staff. Justice Beach of the Federal Court delivered the assessment ...

EM bonds attractive despite pullback: Eaton Vance

KANIKA SOOD  |  WEDNESDAY, 11 JUL 2018
The long-term case for emerging markets in bond portfolios is still strong, even though investors have pulled out billions in recent weeks, according to Eaton Vance. Investor sentiment on emerging markets swung negative in recent weeks on concerns over ...