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Showing 8601 - 8610 of 21783 results for "Dec"

Young advisers key to business sustainability

JAMIE WILLIAMSON  |  WEDNESDAY, 17 OCT 2018
The highest performing financial services firms are those that are more likely to hire younger advisers, according to new research. Macquarie's second bi-annual AFS Benchmarking Report shows that more than 55% of high performing firms are hiring younger ...

Firetrail calls off $305m IPO

KANIKA SOOD  |  WEDNESDAY, 17 OCT 2018
The former Macquarie stock pickers have hit the brakes on a LIC based on their absolute return strategy after a few investors lapped up most of the raise. Firetrail Investments had raised "well over" $100 million when management and board decided the ...

BTFG enhances life cover application process, waives fees

JAMIE WILLIAMSON  |  WEDNESDAY, 17 OCT 2018
BT Financial Group is making it easier for financial advisers and their clients to apply for life insurance. Following an update to BTFG's LifeCENTRAL+ software, advisers can now share information online and will also soon be able to apply online via ...

Financial services employment to boom

JAMIE WILLIAMSON  |  WEDNESDAY, 17 OCT 2018
The employment outlook for the financial services sector is at a six-year high, despite the Royal Commission. Latest figures from Manpower show the net employment outlook for the finance, insurance and real estate sectors is up 21% for the fourth quarter ...

Colonial First State to cut tobacco by 2020

KANIKA SOOD  |  WEDNESDAY, 17 OCT 2018
Colonial First State has vouched to offload all its tobacco-related investments by 2020, as it signs on to the UN-endorsed Tobacco-Free Finance Pledge. CFS currently has less than 1% of total assets in tobacco-related investments but declined to disclose ...

Macquarie boss joins climate change commission

KANIKA SOOD  |  WEDNESDAY, 17 OCT 2018
Macquarie's chief executive designate Shemara Wikramanayake has been named a commissioner for a global climate change initiative, alongside Bill Gates and Ban Ki-Moon. The Global Commission on Adaptation was launched at The Hague yesterday with ...

Chief economist update: China on the down low

BENJAMIN ONG  |  WEDNESDAY, 17 OCT 2018
At first glance, the acceleration of China's year-on-year consumer price inflation in September to a seven-month high of 2.5% from 2.3% provides a positive indication that domestic demand remains healthy. However, the devil is always in the details. ...

Chief economist update: When QE turns to QT

BENJAMIN ONG  |  TUESDAY, 16 OCT 2018
There's no shortage of rationales explaining the on-going heightened volatility on Wall Street. Throw a dart into a dartboard of reasons and you'll likely to hit a rational one - rising US bond yields, expectations of a more aggressive Fed ...

SMSFs: Who, what, where, when and how

JAMIE WILLIAMSON  |  MONDAY, 15 OCT 2018
Financial advisers have been provided with a simple checklist to employ when considering recommending a self-managed superannuation fund to clients. Australian Financial Complaints Authority lead ombudsman - superannuation, June Smith reinforced the ...

Gender super gap closing but still wide

KANIKA SOOD  |  MONDAY, 15 OCT 2018
In the last decade, women have narrowed the superannuation gender gap by about 13 percentage points, but they still have only 72% of what men have in their nest eggs. According to Roy Morgan, women had $68,000 on an average in their superannuation balance ...