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Showing 981 - 990 of 5332 results for "Third"

Former adviser banned after super theft

JAMIE WILLIAMSON  |  FRIDAY, 17 SEP 2021
... SMSF clients, and to the tune of $2.93 million; used those funds for personal purposes; and made false representations to third parties about the transfers to hide what he'd done. ASIC said he took advantage of the trust placed in him by his clients ...

EQT Group dumps Iress bid

ANNABELLE DICKSON  |  FRIDAY, 17 SEP 2021
... Iress granted EQT a further 10 days to complete its due diligence after an initial 30-day access on August 11. EQT's third offer was to acquire Iress shares at $15.91 plus a 16-cent dividend per share as it caved on previous offers that did not include ...

CMC Markets buys ANZ Share Investing

ANNABELLE DICKSON  |  FRIDAY, 17 SEP 2021
... longer-term goals for the company. As this new venture expands and develops, we will be able to offer more products, including third-party funds and tax wrappers, directly to our clients," CMC Markets chief executive Lord Cruddas said. "This is a further ...

Recovery set to slow: OECD

ANNABELLE DICKSON  |  THURSDAY, 16 SEP 2021
... 2021 and 3.3% in 2022, recovering from a drop of 2.5% in 2020. However, the OECD expects the economy to contract in the third quarter of 2021 as vaccination rates rise and lockdown restrictions start to ease. "The recovery may be more gradual than in ...

Australia ranked seventh for retirement wellbeing

ELIZABETH MCARTHUR  |  WEDNESDAY, 15 SEP 2021
... maintained its ranking of seventh place in the latest index for the second consecutive year. Iceland ranked first for the third consecutive year while the top six country rankings remained unchanged since 2020 - Switzerland, Norway, Ireland, Netherlands ...

Managed accounts surpass $100bn

ANNABELLE DICKSON  |  WEDNESDAY, 15 SEP 2021
... setting up managed accounts and big IFA firms running their own investment philosophy through an SMA," he said. Morris said a third cohort of advisers has emerged that are not looking to set up their own managed accounts but instead are partnering with ...

InvestSMART launches installment investment product

KANIKA SOOD  |  MONDAY, 13 SEP 2021
... is in its pilot or first phase. The firm is aiming for $20 million in the second phase, followed by $100 million in the third phase. For lower-balance investors, the firm wants to make the distinction between buy-now-pay-later providers and its product. ...

Adviser ETF take-up continues

KARREN VERGARA  |  MONDAY, 13 SEP 2021
... responses. Broadly, self-directed or retail investors are also flocking to ETFs; some two thirds invest directly while one third invest via their self-managed superannuation fund. Most of these retail investors (71%) do not use a financial adviser as ...

Investors demand credible climate information

ANNABELLE DICKSON  |  MONDAY, 13 SEP 2021
... said it was because companies should behave in an ethically, socially, and environmentally responsible way. However, only a third of investors are seeking climate information from annual reports or sustainability reports while nearly half are informed ...

Economic recap: Week to September 10

BENJAMIN ONG  |  MONDAY, 13 SEP 2021
... securities at the rate of $4 billion a week and to continue the purchases at this rate until at least mid February 2022." The third point wrong-footed more than half (62.5%) of economists surveyed by Bloomberg that expected "the Reserve Bank of Australia ...