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Showing 61 - 70 of 230 results for "July 15th"

Chief economist update: Fed fail

BENJAMIN ONG  |  THURSDAY, 20 DEC 2018
We might just be heading to witness once again the truth about the old adage on Wall Street that "a bull market doesn't die of old age, the Fed murders it." As expected, the US Federal Reserve raised the fed funds rate by 25 basis points to 2.25%-2.5% ...

Survey says no to subsidising life insurance for genetically at-risk Aussies

HARRISON WORLEY  |  MONDAY, 10 DEC 2018
Australians do not want to subsidise life insurance for those with adverse genetic test results, according to the latest Financial Services Council study. The FSC recently released results of its consumer survey conducted in July this year. The survey ...

SMSFs most affordable: Research

KARREN VERGARA  |  THURSDAY, 18 OCT 2018
Self-managed super funds continue to have the lowest fees across all superannuation vehicles, charging an average total expense ratio of 0.82%, latest Rainmaker Research shows. The 2018 Rainmaker Fee Study, which analysed more than 2500 fee options ...

SuperConcepts names new technology lead

KANIKA SOOD  |  WEDNESDAY, 17 OCT 2018
SuperConcepts appointed a new chief technology officer, replacing the founder of its SuperMate offering. Currently executive manager of software development, Brad Ackermann will step into the role on 2 January 2019. He takes the title as Kurt Groeneveld ...

NAB combines teams, appoints executive

JAMIE WILLIAMSON  |  THURSDAY, 4 OCT 2018
NAB is merging its customer experience and marketing teams, appointing an executive general manager to steer the integrated function. Suzana Ristevski will step into the role of executive general manager, marketing and customer experience to lead a ...

Family office invests in absolute return fund

KANIKA SOOD  |  MONDAY, 24 SEP 2018
A Singapore-based family office is investing $34 million in an absolute return fund run by a fintech that offers a crowdfunding loan platform for small to medium enterprises. CoAssets is headquartered in Singapore and listed on the ASX (CA8) with a ...

Sargon Capital acquires Decimal

JAMIE WILLIAMSON  |  FRIDAY, 21 SEP 2018
In its second major acquisition this month, Sargon Capital will acquire 100% of financial advice technology provider Decimal. Under a court-approved scheme of arrangement, Sargon will purchase 100% of Decimal's issued shares for 1.41 cents per share ...

JPMorgan fund excludes tobacco, cuts fees

DARREN SNYDER  |  TUESDAY, 21 AUG 2018
J.P. Morgan Asset Management's flagship multi-asset strategy in Australia now excludes tobacco stocks. It also cut its administration fee by five basis points and recently converted to a trust structure. The Australian-domiciled version of the JPMorgan ...

QSuper cuts administration fees

KANIKA SOOD  |  FRIDAY, 6 JUL 2018
QSuper has cut its administration fee from 18 basis points to 16 basis points - its third cut to admin fees since 2015. Yearly administration fees will be capped at $900 a year, starting with distributions paid out in July, 2019. It was $1000 previously. ...

Dover advisers turn orphans

JAMIE WILLIAMSON  |  FRIDAY, 6 JUL 2018
While there are Dover financial advisers that have managed to transition elsewhere in recent weeks, latest ASIC data shows hundreds of advisers will be without a licensee when the disgraced AFSL shutters today. Rainmaker analysis of ASIC's Financial ...