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Showing 7131 - 7140 of 28267 results for "NOT"

Robinhood effect steers share market

KARREN VERGARA  |  MONDAY, 31 AUG 2020
... Financial Advisers Association Virtual Conference of her experience as a Robinhood investor with just $500 back in the day. Not knowing how to invest it, she put the money in companies she "loves and trusts". In a few months, she saw $500 jump to $4000 ...

IOOF posts profit, restructures business

ELIZA BAVIN  |  MONDAY, 31 AUG 2020
... reflects the significant impact COVID-19 has had on revenues. It has been an incredibly challenging year in that respect, not just for ourselves, but the community as a whole," Mota said. "The resilience we have been able to demonstrate has been a really ...

Chief economist update: COVID-19 cuts capex

BENJAMIN ONG  |  MONDAY, 31 AUG 2020
Australian private new capital expenditure (capex) usually commands attention before and during its release for it provides an indication of domestic firms' optimism towards future growth as well as, itself, being a driving component of that growth. ...

IOOF buys MLC Wealth for $1.4bn

ELIZA BAVIN  |  MONDAY, 31 AUG 2020
... facility, $200 million in a subordinated loan note issues to NAB and $40 million of existing IOOF cash. IOOF confirmed it will not assume conduct or remediation liability for the MLC business. NAB chief executive Ross McEwan said the bank had a clear ...

ESG investors overreact to negative news

ANNABELLE DICKSON  |  FRIDAY, 28 AUG 2020
New research from the Monash Centre for Financial Studies reveals ethical investors who overreact to negative environmental, social and governance (ESG) news spur falls in share prices and are better to wait before making trade decisions. The study ...

Evans Dixon reports $30.5m loss

KANIKA SOOD  |  FRIDAY, 28 AUG 2020
... external distribution capability for our strongly performing core direct equities strategies," it said. The board decided not to declare a dividend to maintain liquidity. "Over the long-term the board remains committed to an annual target dividend payout ...

Advice disciplinary body delayed

KARREN VERGARA  |  FRIDAY, 28 AUG 2020
... for Superannuation, Financial Services and Financial Technology, Senator Jane Hume flagged the single disciplinary body will not see its slated January 2021 launch. Instead, the disciplinary body as recommended by the financial services Royal Commission ...

Liberal senator slams super

ELIZA BAVIN  |  FRIDAY, 28 AUG 2020
... brother, bankers, Marxists, command and control - it feels like I'm sort of at a QAnon cell meeting," he said to parliament. "Not the Australian Senate, not where the adults engage in this stuff." Ayres also rejected claims industry super would become ...

APRA expands super data collection

ELIZA BAVIN  |  FRIDAY, 28 AUG 2020
... existing regulatory requirements, such as their Business Performance Review and legislated outcomes assessment," she said. "If not, it would seem unlikely that they could truly understand the outcomes being delivered to their members and how they're ...

Female access to ERS to widen gender super gap

ANNABELLE DICKSON  |  FRIDAY, 28 AUG 2020
... work," she said. Speaking at the Super Summit, assistant minister for financial services Jane Hume said the superannuation was not designed for women and does not account for the gender pay gap or time out of the work force due to caring responsibilities ...