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Showing 9241 - 9250 of 21783 results for "Dec"

Chief economist update: Trump spoils for war

BENJAMIN ONG  |  FRIDAY, 2 MAR 2018
"You're going to have protection for the first time in a long time." For better or worse, US President Donald Trump continues to deliver on his campaign promises. Wall Street took Trump's latest promise fulfilment as an excuse to take profits. The Dow ...

Advice clients demand philanthropic conversations

KARREN VERGARA  |  THURSDAY, 1 MAR 2018
Philanthropy is becoming part of the conversation between financial advisers and clients as it's an area increasingly accessible to middle Australians, an estate planning expert says. Australian Unity Trustees national manager of estate panning Anna ...

Watermark LIC chair resigns to launch new business

ALEX BURKE  |  THURSDAY, 1 MAR 2018
The chair of the Watermark Global Leaders Fund (WGF) listed investment company is stepping down from his duties to avoid conflicts associated with the launch of a new asset management business. Rohan Hedley also cited increased commitments associated ...

ASIC to target non-compliant advisers and AFSLs

JAMIE WILLIAMSON  |  THURSDAY, 1 MAR 2018
ASIC has outlined its key initiatives for the coming six months, with a specific focus on the conduct of financial advisers and licensees. Releasing its latest enforcement report, the regulator said it will be paying particular attention to financial ...

Chief economist update: Australia low on credit

BENJAMIN ONG  |  THURSDAY, 1 MAR 2018
Those still expecting the Reserve Bank of Australia (RBA) to raise the official cash rate - even at least once this year - may have to re-think their call. For sure, economic dynamics may change sometime down the road but given the current slowing trend ...

Stellar growth for industry funds: APRA

KARREN VERGARA  |  WEDNESDAY, 28 FEB 2018
The growth of industry superannuation funds significantly outpaced retail funds in the year to December 2017, latest APRA statistics show. Industry funds saw assets surge 18.3% to $589.8 billion year-on-year, largely driven by net contributions flows ...

LGIAsuper bolsters infrastructure investments

KARREN VERGARA  |  WEDNESDAY, 28 FEB 2018
LGIAsuper is ramping up its stake in infrastructure investments, adding a regional port to its portfolio. LGIAsuper increased its interest in the Port of Portland to 31%, a deep-water facility located between Melbourne and Adelaide. One of its investment ...

Government renews calls for financial literacy support

JAMIE WILLIAMSON  |  WEDNESDAY, 28 FEB 2018
The Federal Government is calling on its state and territory counterparts to support the expansion of its national financial literacy program in schools. The Government has invited state and territory governments to participate in a new agreement that ...

Sequoia expands advice arm, boosts top line

KARREN VERGARA  |  WEDNESDAY, 28 FEB 2018
Sequoia Financial Group's advice business delivered strong revenue in the six months to December thanks to two acquisitions and a restructure of its operations. Sequoia Wealth Group saw revenue jump 39% to $3.9 million, while adviser numbers rose 15% ...

Contribution cap reforms see SMSFs spend cash

JAMIE WILLIAMSON  |  TUESDAY, 27 FEB 2018
Self-managed superannuation fund cash balances fell to a two year low in the December 2017 quarter as trustees allocated more to Australian and international equities. Latest insights from SuperConcepts show cash levels dropped to 17.3% in December ...