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Showing 981 - 990 of 8321 results for "retail"

Insurers are 'fishing' for non-disclosures: ASIC

ANDREW MCKEAN  |  FRIDAY, 2 SEP 2022
... duty on the insured to take reasonable care not to make a misrepresentation when buying insurance. The new duty applies to retail contracts issued, renewed, or varied from October 2021. In January, insurance claims handling and settling became regulated ...

eToro launches local stocks portfolio

CHLOE WALKER  |  FRIDAY, 2 SEP 2022
... the Macquarie Group. The minimum investment is US$500 and the launch follows a recent survey by eToro which found strong retail investor interest in commodities. According to the survey, one in four Aussies plan to invest in energy (27%) and materials ...

ASIC issues warning over brokers' high-risk offers

JAMIE WILLIAMSON  |  WEDNESDAY, 31 AUG 2022
ASIC has told brokers to be careful about or to reconsider offering high-risk products and services to retail investors as an increasing number offer securities trading. ASIC said it has seen increased instances of brokers offering securities trading ...

Chant West launches platform rankings

CASSANDRA BALDINI  |  TUESDAY, 30 AUG 2022
... Plus and Macquarie Consolidator II received four apples. "We expect to rate more platforms over time including some of the retail master trusts. The platform rating is appropriate for all products that financial advisers use to provide flexible solutions ...

Ampol to sell 49% of Z Energy Properties to Charter Hall

CASSANDRA BALDINI  |  MONDAY, 29 AUG 2022
Ampol said Charter Hall's Retail REIT (CQR) will acquire a 49% interest in properties owned by its wholly owned subsidiary, Z Energy, for NZ$132 million. Z Energy will keep a 51% stake and the transaction is expected to complete in October. A statement ...

ASIC tells super trustees to improve TMDs

ANDREW MCKEAN  |  MONDAY, 29 AUG 2022
... found some poor practices. ASIC reviewed a sample of 55 TMDs prepared by 27 superannuation trustees across the industry, retail, corporate and public sectors for both accumulation and retirement products. The regulator observed that all the TMDs reviewed ...

Online investor numbers taper out: Report

ANDREW MCKEAN  |  FRIDAY, 26 AUG 2022
Retail investor numbers have dropped as pandemic-driven hype dampens according to an Investment Trends, 2022 First Half Australia Online Investing report. The report reveals retail online investor numbers have begun to ease. An estimated 1.47 million ...

Platinum remains positive despite net profit loss

CHLOE WALKER  |  FRIDAY, 26 AUG 2022
... Stannard said that the business remains resilient and well placed for future growth, "with a strong position in the Australian retail market and highly differentiated products." The pair noted opportunities for the firm in both Australia and New Zealand ...

AustralianSuper increases investment fees

ANDREW MCKEAN  |  THURSDAY, 25 AUG 2022
... Savings product has higher Mysuper fees of 1.11% ($557.4 pa). Also, Aware Super has fees of 1.34% ($672 pa). Elsewhere, some retail funds are drastically slashing fees. For example, AMP's signature product has just cut its MySuper fees to 0.71%. ...

Investment industry veteran joins Rest board

CASSANDRA BALDINI  |  THURSDAY, 25 AUG 2022
... replace Steven Priestley who is stepping down at the end of September. Priestley, a former financial controller for Coles Retail, has had two stints on the Rest board, initially 2008 to 2012, following that he served as alternate director before being ...