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Showing 6631 - 6640 of 22796 results for "Funds"

AFSL suspended by ASIC

ALLY SELBY  |  MONDAY, 23 MAR 2020
... advisory and online trading firm with offices in Varsity Lakes and Sydney. It reportedly provided financial, advisory and funds management services "through established relationships with some of the most trusted names in the industry". As of March 13 ...

SMSFs expected to outperform: Research

ELIZA BAVIN  |  MONDAY, 23 MAR 2020
... Rainmaker research. Around a quarter of the SMSF sector is held in cash and about 45% is held in shares, compared to other super funds that hold 10% in cash and 60% in shares on average. Rainmaker executive director of research Alex Dunnin said: "This ...

Australia to lean on super

HARRISON WORLEY  |  MONDAY, 23 MAR 2020
... cost the budget up to $1.2 billion over the forward estimates, with the government set to allow Australians to access the funds tax-free. Additionally, the release of super under these circumstances will not impact an individual's Centrelink or Veterans' ...

Perpetual exits MySuper

JAMIE WILLIAMSON  |  FRIDAY, 20 MAR 2020
... data, the transfer will include more than 7500 member accounts and will see $220 million added to CareSuper's existing funds under management. About 12 months ago Perpetual Superannuation, as trustee of Perpetual MySuper, told members it was assessing ...

BlackRock appoints Asia Pacific ETF head

KANIKA SOOD  |  FRIDAY, 20 MAR 2020
... worked for Deutsche Bank's equity structured products group, where he was involved in the delivery of solutions for hedge funds, pensions and endowments. "I'm very excited to join the team in bringing ETFs into BlackRock clients' investment making process. ...

FPA advocates for reduced pension minimums

HARRISON WORLEY  |  FRIDAY, 20 MAR 2020
... pointed out the government's decision ensured Australians in retirement could choose to preserve more of their super funds instead of taking account-based pensions and annuities. "This choice allowed retirees an opportunity to offset some of the ...

Platforms maintain cash rate on RBA cut

ALLY SELBY  |  FRIDAY, 20 MAR 2020
... said. "The cash held in a client's account can be invested into a range of other cash products (term deposits, cash funds, ETFs etc) and we do not require them to hold a surplus above our minimum. "If a client chooses to hold extra 'at call cash' ...

Chief economist update: Cash splash

BENJAMIN ONG  |  FRIDAY, 20 MAR 2020
... planned purchases for the year to over €1T. Fed unveiled another facility to boost liquidity, aimed at money-market mutual funds. " Also announced new swap lines with more central banks to help ease strains of dollar funding. BOE announced an emergency ...

APRA locks in mid-year heat map update

HARRISON WORLEY  |  THURSDAY, 19 MAR 2020
... understandable that some in the industry feel uncomfortable," APRA deputy chair Helen Rowell said at the time. Industry funds fared best in the first iteration of the heat map, and formed the majority of products given the all clear by the regulator. ...

UBS says goodbye to ETFs

KANIKA SOOD  |  THURSDAY, 19 MAR 2020
UBS is sweeping clean its suite of ASX-listed ETFs, shutting down six funds and delisting three as asset growth stalls. UBS currently has nine ETFs with $300 million in funds under management at February end. On Friday, it informed investors of its ...