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Showing 9311 - 9320 of 28277 results for "NOT"

Chief economist update: Another rate cut on the cards

BENJAMIN ONG  |  FRIDAY, 14 JUN 2019
... correlation between wages and the underemployment rate indicate continued tepid (even weaker) wages growth. At this point, I'm not so sure whether an additional (or even two) RBA rate reductions would be able to turn the economy around - more specifically ...

AMP Super, board slapped with licence conditions

KARREN VERGARA  |  FRIDAY, 14 JUN 2019
... "The impositions of conditions and directions has no impact on AMP's ability to do business," AMP wrote. "Customers will not notice a difference when dealing with us on a day-to-day basis and will benefit from a continued strengthening of our oversight ...

Smart beta now mainstream for instos

KANIKA SOOD  |  THURSDAY, 13 JUN 2019
... Geographically, European asset owners were the most enthusiastic about smart beta (65% adoption) but North American investors are not far behind (60% adoption). Asia Pacific had the lowest adoption (53%) but it picked up from 35% last year. FTSE has ...

LUCRF Super ups premiums for older members

KARREN VERGARA  |  THURSDAY, 13 JUN 2019
... moderate increase in premiums. Given that LUCRF provides members with death and TPD insurance by default, members who have not selected their occupation category are assigned to the light blue collar rates. In light of this, a Rainmaker analysis shows ...

ASIC chases licensee over conflicted remuneration

HARRISON WORLEY  |  THURSDAY, 13 JUN 2019
... benefit but pass "the majority" on to The SMSF Club. As a result, ASIC has alleged RM Capital was aware of the payments and did not take reasonable steps to stop The SMSF Club from accepting them. In total, ASIC estimates The SMSF Club accepted more ...

DomaCom launches senior equity release product

ELIZABETH MCARTHUR  |  THURSDAY, 13 JUN 2019
... credit or real estate products. DomaCom said the traditional structuring of these products excludes financial advisers who do not hold the appropriate credit or real estate license required to use those products. DomaCom chief executive Arthur Naoumidis ...

Chief economist update: Australian bull market here we come

BENJAMIN ONG  |  THURSDAY, 13 JUN 2019
... strong gains. The S&P/ASX 100 index has risen by 7.8% so far this year and the Small Ordinaries index has rallied by 18.1%. Not long now before the rally becomes a bull market - just another 1.8% gain in the All Ords and we're into a bull run. Ole ...

CBA sells advice dealer group

JAMIE WILLIAMSON  |  THURSDAY, 13 JUN 2019
... remediation provisions for Count Financial customers of about $144 million. The transaction is subject to shareholder approval and not expected to have material impact on CBA's net profit after tax. The move sees CBA exit a business that is projected ...

Millennial super products still just hype

KANIKA SOOD  |  WEDNESDAY, 12 JUN 2019
Millennials control $130 billion of superannuation money but most products pitched specifically at them have been slow to take off, new Rainmaker research shows. Australia had 19 superannuation products designed for millennials and marketed as app-based ...

Super fund overhauls group insurance cover

KARREN VERGARA  |  WEDNESDAY, 12 JUN 2019
... periods will also drop from three years to two years. The super fund, which is now open to the public, also announced it will not directly invest in companies involved in manufacturing cluster bombs and landmines from July 1. With the exception of QSuper ...