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Showing 7921 - 7930 of 21779 results for "Dec"

Wealth firm trims Aussie shares

KANIKA SOOD  |  FRIDAY, 14 JUN 2019
A Melbourne wealth firm run by a former NAB Private Wealth executive has trimmed its allocations to Australian shares as it takes a bearish view on midcaps. Hamilton Wealth Management advises on about $500 million for high net worth clients. It took ...

Restructure sees wealth firm lose chief

ELIZABETH MCARTHUR  |  FRIDAY, 14 JUN 2019
The chief executive of Evans Dixon is stepping down following a management restructure. Evans Dixon is undergoing a reshuffle that will see chief executive Alan Dixon step aside. The firm said Dixon will instead focus on the management of its US Master ...

Chief economist update: Another rate cut on the cards

BENJAMIN ONG  |  FRIDAY, 14 JUN 2019
What do we want! More rate cuts! The depreciation in the A$/US$ exchange rate to as low as US$0.6902 immediately after the Australian Bureau of Statistics' (ABS) - from US$0.6949 a day earlier - released its 'Labour Force' report for May ...

AMP Super, board slapped with licence conditions

KARREN VERGARA  |  FRIDAY, 14 JUN 2019
APRA announced this morning it is taking action on AMP's superannuation business and board, concerned they breached several areas of superannuation law. AMP Superannuation and N.M. Superannuation Proprietary, collectively known as AMP Super, were ...

Fund manager exits global debt, chief resigns

JAMIE WILLIAMSON  |  THURSDAY, 13 JUN 2019
Supervised Investments' chief executive Michael Ohlsson has resigned following a decision by the fund manager to pull out of global debt markets. In a statement to Financial Standard, Ohlsson said Supervised Investments Australia Limited (SIAL) has ...

LUCRF Super ups premiums for older members

KARREN VERGARA  |  THURSDAY, 13 JUN 2019
The $6.5 billion superannuation fund is "substantially" reducing premiums for younger members at the expense of members aged 50 and over. LUCRF Super is changing death and TPD, and death insurance cover from July 1 as part of the new Protecting Your ...

Superannuation fund tweaks fees

KARREN VERGARA  |  THURSDAY, 13 JUN 2019
Christian Super, the $1.5 billion superannuation fund, will be making changes to its fee structures following a comprehensive review. As part of the new Protecting Your Super legislative requirements effective July 1, the fixed administration fee will ...

ASIC chases licensee over conflicted remuneration

HARRISON WORLEY  |  THURSDAY, 13 JUN 2019
In a signal of ASIC's intent, the first case concerning alleged breaches of conflicted remuneration provisions is underway in the Federal Court. The corporate regulator is seeking to declare The SMSF Club and its licensee RM Capital contravened the ...

Chief economist update: Australian bull market here we come

BENJAMIN ONG  |  THURSDAY, 13 JUN 2019
Just a weetle more, a weetle more... a little more push higher and sooner than soon, the All Ordinaries index would satisfy the technical definition of a bull market - a 20% rally from its nearest low - and onwards towards topping its record high of ...

Millennial super products still just hype

KANIKA SOOD  |  WEDNESDAY, 12 JUN 2019
Millennials control $130 billion of superannuation money but most products pitched specifically at them have been slow to take off, new Rainmaker research shows. Australia had 19 superannuation products designed for millennials and marketed as app-based ...