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Showing 641 - 650 of 6128 results for "Day 8"

La Trobe unveils two income products

KARREN VERGARA  |  WEDNESDAY, 11 AUG 2021
La Trobe Financial Group has launched two products in a bid to combat the low interest rate environment. The first product, the 6 Month Notice Account, with a variable rate of 2.50% p.a. calculated monthly allows investors to access their funds with ...

EQT ups bid for Iress

ANNABELLE DICKSON  |  WEDNESDAY, 11 AUG 2021
EQT Fund Management increased its takeover bid for Iress and made allowances for an interim dividend for shareholders. EQT upped its bid from $15.75 per Iress share to $15.91 plus a dividend of 16 cents per share. In its two previous bids, EQT did not ...

BT Panorama down for a week

ELIZABETH MCARTHUR  |  MONDAY, 9 AUG 2021
BT's $169 billion platform, the largest in the country, was down all last week - leaving advisers frustrated and clients unable to move money. Disruption to BT Panorama started on Monday August 2 and full service was not restored until Sunday August ...

Economic recap: Week to August 6

BENJAMIN ONG  |  MONDAY, 9 AUG 2021
At the conclusion of its August board meeting, the Reserve Bank of Australia (RBA) announced its decision to: maintain the cash rate target at 10 basis points and the interest rate on Exchange Settlement balances of 0% maintain the target of 10 basis ...

Custody assets reach new heights

ANNABELLE DICKSON  |  FRIDAY, 6 AUG 2021
Assets under custody rose 11% to a record $4.4 trillion in the six months to 30 June 2021 on the back of valuations, new research from the Australian Custodial Services Association (ACSA) shows. J.P. Morgan came in first having grown 9.8% to $1,068.3 ...

Six Park lowers minimum investment to $2k

ELIZABETH MCARTHUR  |  WEDNESDAY, 4 AUG 2021
Robo adviser Six Park has lowered its minimum investment to just $2000, down from the $10,000 minimum it had at the start of 2020. In March 2020, Six Park first tested out lowering its minimum investment - slashing the $10,000 minimum to $5000. Clients ...

Economic recap: Week to July 30

BENJAMIN ONG  |  MONDAY, 2 AUG 2021
... well-below market predictions for an acceleration to 8.5%. The Fed announced no change in in monetary policy on the same day (29 July) the GDP growth figures were released. However, the US central bank hinted that it could start "tapering" asset purchases ...

Managed accounts fulfil best interest

ANNABELLE DICKSON  |  WEDNESDAY, 28 JUL 2021
The increased uptake of managed accounts is seeing advisers fulfil their client best interest duty with ease, according to new research. The latest Investment Trends Managed Accounts Report showed 91% of advisers rated managed accounts as 'good' or ...

De Gori to leave FPA

JAMIE WILLIAMSON  |  MONDAY, 26 JUL 2021
Financial Planning Association of Australia chief executive Dante De Gori will step down at the end of the year. De Gori, who has served as chief executive since March 2016, has advised the FPA's board of his intention to leave. He has been with ...

Economic recap: Week to July 23

BENJAMIN ONG  |  MONDAY, 26 JUL 2021
The Delta variant outbreak remained the focus of attention in Australia. The daily case of infections in Greater Sydney surged to 136 on Friday (July 23) - the highest number since the this year's outbreak - prompting the NSW premier Gladys Berejiklian ...