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Showing 641 - 650 of 4001 results for "Cut"

Rainmaker reveals 2021 AAA super products

JAMIE WILLIAMSON  |  TUESDAY, 23 MAR 2021
... the main default investment choices. This year saw 149 products from not-for-profit funds and 49 from retail funds make the cut. Last year NFP funds accounts for 154 products and retail funds came in with 47. Of these, 198 products have received a AAA ...

BetaShares targets HNW market with new role

ELIZA BAVIN  |  TUESDAY, 16 MAR 2021
BetaShares has announced a new appointment to a newly created role targeting the high-net-worth market. Tony Pattison has been named as head of high net worth groups and will be responsible for leading BetaShares' activities in the private bank, family ...

ASI restructures distribution team

KARREN VERGARA  |  MONDAY, 15 MAR 2021
Aberdeen Standard Investments continues to restructure the local operation, confirming that four employees from its distribution team have been made redundant. An ASI spokesperson confirmed that the employees left the firm in December 2020 following ...

Chief economist update: Japan to double down on stimulus?

BENJAMIN ONG  |  MONDAY, 15 MAR 2021
It won't be long now until cherry blossoms start blooming in Japan. But just like these blossoms' short-lived wonder, the Land of the Rising Sun's economic recovery through various crises going back to the late 1980s-early 1990s proved to ...

OpenMarkets raises $10m, moves up ranks

JAMIE WILLIAMSON  |  WEDNESDAY, 10 MAR 2021
OpenMarkets is set to list later this year, having secured $10 million in a pre-IPO fund raise as it overtook CMC Markets as second-largest retail broker in Australia. Now trailing only CommSec, OpenMarkets says feedback from investors in the oversubscribed ...

Government retirement modelling leaves women behind: ISA

ELIZA BAVIN  |  MONDAY, 8 MAR 2021
... being waved around by politicians to claim legislated increases in the Super Guarantee (SG) are unnecessary and should be cut or used for other purposes," ISA said. ISA's research also accounts for those who fall into the $450 monthly threshold trap ...

Celebrating women in financial services

STAFF WRITER  |  MONDAY, 8 MAR 2021
... I've certainly faced challenges in my career, whether I could contribute them to being a woman has never been entirely clear cut. This is perhaps one of the reasons that gender inequalities continue to exist in society - they are often difficult ...

Chief economist update: Getting hot, hot, hot

BENJAMIN ONG  |  MONDAY, 8 MAR 2021
Crude oil remains hot with prices soaring to 14-month highs. This year to date, the price of Brent oil has surged by 30.5% to US$66.85 per barrel and that of the WTI soared by 31.2% -- more than making up for the full-year 2020's loss of 24.4% and ...

Wingate announces acquisition

ELIZA BAVIN  |  MONDAY, 1 MAR 2021
Wingate has announced the acquisition of a significant equity interest in Fifo Capital Australia. Fifo provides invoice, supply chain and trade finance solutions to over 3000 Australian businesses. Wingate and Fifo have worked closely together since ...

Raiz increases fees for lower balances

ELIZA BAVIN  |  MONDAY, 1 MAR 2021
Raiz Invest has announced a new fee structure, increasing the monthly fee for lower balance customers. The financial services platform announced it would be increasing some fees for its Australian customers. The monthly maintenance fee will increase ...