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Showing 8801 - 8810 of 20558 results for "BEN"

CBA result boosted by wealth division

MARK SMITH  |  THURSDAY, 11 FEB 2016
Strong performance from the wealth management division contributed materially to the 4% rise in Commonwealth Bank's half-year cash profit, with CommInsure performing particularly well. Growth in insurance and funds management income of 17% and 6%, respectively ...

BetaShares goes global with third managed risk product

MARK SMITH  |  THURSDAY, 11 FEB 2016
BetaShares has expanded its managed risk product series with the launch of the BetaShares Managed Risk Global Share Fund, which is trading under the ASX code "WRLD". The fund is designed to provide exposure to a broadly diversified portfolio of global ...

LIF expected before parliament this week

ALEX BURKE  |  THURSDAY, 11 FEB 2016
The Life Insurance Framework is expected to be put to the House of Representatives by Assistant Treasurer Kelly O'Dwyer this week. The government released exposure draft legislation in December 2015, based on the framework, which O'Dwyer said at the ...

Yellen fedspeaks her mind

BENJAMIN ONG  |  THURSDAY, 11 FEB 2016
"The same old story It's been told much too much before The same old story But it's worth telling just once more..." - Billie Holiday Perhaps she didn't want to add rattle to an already jittery market. Perhaps she didn't want to deviate from the Fed ...

App lets Australians invest pocket change

ALEX BURKE  |  WEDNESDAY, 10 FEB 2016
A new app released in Australia will allow users to round up daily purchases and invest the "change" into a diversified exchange-traded fund portfolio. Acorns, created by father-son business Acorns Grow in 2012, was released in the US in 2014 and has ...

Margin loans keep pace with shrinking customer-base

ALEX BURKE  |  WEDNESDAY, 10 FEB 2016
While the number of Australians using margin loans decreased by 4% in 2015 based on RBA figures, the total margin debt increased by 4%. In dollar terms, the average margin loan increased by 8% in 2015 to $180,000. What this indicates is the remaining ...

Quay Global Investors releases retail real estate fund

DARREN SNYDER  |  WEDNESDAY, 10 FEB 2016
Quay Global Investors has released a retail version of its wholesale fund, the Quay Global Real Estate Fund, on the back of demand from financial advisers. Quay portfolio manager and principal Chris Bedingfield said the retail version was a logical ...

Industry fund flags DB issues in Fraser review

DARREN SNYDER  |  WEDNESDAY, 10 FEB 2016
An industry superannuation fund has used the Fraser Review on governance to flag its concerns about the administration of defined benefit schemes. Vision Super, a $7.5 billion fund for local government and water authority employees, said any move to ...

Small not feeling beautiful

BENJAMIN ONG  |  WEDNESDAY, 10 FEB 2016
While continued US labour market strength supports the Fed's decision to lift interest rates back in December and its forecasts for more lifts this year, weakening activity indicators released since - not to mention still below target inflation - indicate ...

ACSI and TIAA-CREF drive poll voting

DARREN SNYDER  |  TUESDAY, 9 FEB 2016
About three quarters of ASX200 companies now use poll voting at their annual general meetings according to the latest data from the Australian Council of Superannuation Investors (ACSI). In addition, ACSI said less than 10% of ASX100 companies still ...