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Showing 711 - 720 of 2720 results for "PIC"

New features for My AMP

ELIZABETH MCARTHUR  |  WEDNESDAY, 10 JUL 2019
The 650,000 clients using AMP's My AMP wealth management website will now have access to a range of new features. The new features include an interactive goals timeline where clients can identify their goals and source educational materials and access ...

Chief economist update: Hard target

BENJAMIN ONG  |  WEDNESDAY, 10 JUL 2019
With business conditions and confidence like it is, the Reserve Bank of Australia (RBA)'s full employment target just got a little harder to meet. Recall that in his speech at the RBA board dinner with the business community on June 4 - the night ...

Australians rapidly gaining wealth: Roy Morgan

ELIZABETH MCARTHUR  |  WEDNESDAY, 3 JUL 2019
The value of assets held by Australians has almost doubled from 2007 to 2019, up 96%. During the same period, debt held by Australians increased by just 78.6% resulting in net wealth now being 98.7% higher in 2019 than it was in 2007. These are the ...

OnePath awards $210m in mandates

KANIKA SOOD  |  WEDNESDAY, 26 JUN 2019
OnePath awarded about $210 million in two separate mandates that were previously managed by UBS Asset Management. In December, UBS AM said it was transferring some of its investment management functions to external managers under new partnerships. Melbourne-based ...

Self-licensing trend boosts ClearView offering

ELIZABETH MCARTHUR  |  TUESDAY, 25 JUN 2019
ClearView's LaVista Licensee Solutions has had a boost to its books thanks to the increase in self-licensed financial advice practices seeking dealer services, such as back-office infrastructure and support. Now NSW-based practice Macaplan Financial ...

Chief economist update: BOE lets peers do the heavy lifting

BENJAMIN ONG  |  FRIDAY, 21 JUN 2019
It appears the Bank of England (BOE) is marching to a different tune. While the BOE's monetary policy committee decided to keep current monetary policy settings at its June meeting just like the Fed and the Bank of Japan, it offered an opposing ...

Chief economist update: Cash is King

BENJAMIN ONG  |  WEDNESDAY, 19 JUN 2019
Maybe not at this month's Federal Open Market Committee (FOMC) meeting but consensus expect the US Federal Reserve to serve Christmas in July with a 25 basis point reduction in the fed funds rate from 2.25%-2.5% to 2%-2.25%. The CME FedWatch Tool ...

MAX awards recognise industry excellence

HARRISON WORLEY  |  FRIDAY, 14 JUN 2019
More than 280 guests attended the 2019 Financial Standard Marketing, Advertising and Sales Excellence (MAX) Awards in Sydney last night, to recognise individuals and organisations in the wealth management industry. In its 24th year, the MAX Awards demonstrated ...

Smart beta now mainstream for instos

KANIKA SOOD  |  THURSDAY, 13 JUN 2019
Nearly six in 10 institutional asset owners are now using smart beta strategies in their portfolios, according to a new survey of 178 instos by FTSE Russell. Adoption has doubled what it was five years ago when roughly three in 10 used smart beta. Last ...

Australians retire too wealthy: Grattan

ELIZABETH MCARTHUR  |  TUESDAY, 4 JUN 2019
The Actuaries Institute's annual summit has seen a fiery debate between the chief executive of the Grattan Institute and Mercer's David Knox over ideal retirement incomes. Grattan Institute chief executive John Daley and Mercer senior partner ...