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Showing 8061 - 8070 of 28273 results for "NOT"

Wealth manager appoints new head of advice

HARRISON WORLEY  |  FRIDAY, 27 MAR 2020
... platform. The deal will see ClearView migrate $1 billion from its WealthSolutions platform to HUB24, however the firm will not close the offering. It will transition to HUB24, rather than operate a fully-outsourced CV-issued platform. As part of the ...

Former AMP adviser sentenced

ELIZABETH MCARTHUR  |  FRIDAY, 27 MAR 2020
... betrayed his clients." Martin was permanently banned by ASIC in 2018. The ban came about after an ASIC investigation found that not only had Martin misappropriated client funds but he had falsified documents purporting to show that he had invested money ...

Early super access impact double Treasury estimates

HARRISON WORLEY  |  FRIDAY, 27 MAR 2020
As unemployment continues to rise, latest analysis of the implications of the government's early access to super initiative has seen the estimated cost of the measures almost double. Research house Rice Warner has assessed the impact of the government's ...

Why banks are lifting TD rates

ALLY SELBY  |  FRIDAY, 27 MAR 2020
In a somewhat surprising move, banks are lifting some of their term deposit rates despite the Reserve Bank of Australia slashing the cash rate to an all-time low of 0.25% last week. It comes after Australia's biggest bank, the Commonwealth Bank ...

Will COVID-19 infect mortgages and RMBS?

ELIZABETH MCARTHUR  |  FRIDAY, 27 MAR 2020
The current market corrections caused by the COVID-19 pandemic and subsequent shutdowns have sparked warnings from some not to forget the lessons of 2008 - especially, don't underestimate mortgage defaults. Thomas J. Barrack, a US private equity ...

SMSFs in flashback to 2008

ELIZABETH MCARTHUR  |  FRIDAY, 27 MAR 2020
... Liam Shorte explained while the change may be small to some, it could be very significant to those who need it most. "It may not seem generous to people around 65 -74 who need to only take 2.5% of their July 1 balance (normally 5%) but for some aged ...

Trust in advisers lifts as pandemic fear ensues

ALLY SELBY  |  FRIDAY, 27 MAR 2020
... advisers to step up and address their client's needs. "These are very tough times for Australians, in particular - but not limited to - those who've never experienced a major market downturn, and those nearing or in retirement," he said. "This ...

Cash management account to shutter

KANIKA SOOD  |  FRIDAY, 27 MAR 2020
A cash management account distributed by Colonial First State and issued by Bankwest is set to terminate effective June. The BWA Cash Management Account offered a variable rate of 0.40% per year, and acted as a central account for a usually advised ...

No time to look back

ELIZA BAVIN  |  FRIDAY, 27 MAR 2020
... that, I can get through this', but if you ask the fund managers and traders of the world, the consensus is this time does not compare to 1987 or 2008. Those dealing with the daily grind of stock markets have seen and experienced the highest of highs ...

Good time to be in managed accounts: IMAP

ELIZA BAVIN  |  FRIDAY, 27 MAR 2020
... while it is likely managed account portfolios will have been affected in similar ways to any other portfolio, the impact has not been felt as extremely. "You'd hope that because managed account portfolios are subject to a pretty rigorous investment ...