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Showing 81 - 90 of 651 results for "CommSec"

Commonwealth Bank mulls retail advice business sale

KANIKA SOOD  |  FRIDAY, 21 JUN 2019
Commonwealth Bank is reviewing options for its CommSec Advisory business, including a potential sale. "As part of our focus on becoming a simpler, better bank, we are currently reviewing a number of options for CommSec's retail financial advice ...

Former Vanguard broking and wealth expert joins Bell Direct

KARREN VERGARA  |  MONDAY, 27 MAY 2019
... role he held for almost six years. Prior to Vanguard, he held senior roles at iShares Australia, Mariner Financial and CommSec. Bell Direct chief executive Arnie Selvarajah commented Sparks' expertise and fresh perspective will be invaluable as the ...

FSU seeks transparency on CBA job cuts

KARREN VERGARA  |  TUESDAY, 16 APR 2019
... Standard also understands changes are taking place in CBA's SMSF business. CBA said in a statement that its subsidiary CommSec "is making some changes to help us better serve our customers' needs." "As part of this, the structure of some teams ...

Banks move to derisk, workforces shrink

KANIKA SOOD  |  MONDAY, 25 MAR 2019
... have lost money in the last 12 months (-7.3% at the time of writing). Yet, investors are showing faith in the big banks. CommSec, which tracks consensus stock ratings, places CBA, NAB, Westpac and ANZ all as a "moderate buy." Among the industry's ...

SMSF darlings revealed

KANIKA SOOD  |  MONDAY, 4 MAR 2019
... superannuation funds renewed their focus on blue chip stocks amid market uncertainty in the second half of 2018, the latest CommSec SMSF trading trends report shows. The sector had been cooling to the top stocks for some time. Almost 40% of the traded ...

Elon Musk steps down as Tesla chair

KANIKA SOOD  |  TUESDAY, 2 OCT 2018
... Tesla is the fourth most traded international stock by Australian SMSFs, tailing Amazon, Apple and Facebook, according to CommSec. Board shakeup a good move Saxo Capital Australia markets strategist Eleanor Creagh said SEC's board changes were a ...

Elon Musk charged with securities fraud

KANIKA SOOD  |  FRIDAY, 28 SEP 2018
... Tesla is the fourth most traded international stock by Australian SMSFs, tailing Amazon, Apple and Facebook, according to CommSec. SEC enforcement division co-director Steven Peikin said corporate officers hold positions of trust in our markets and have ...

SMSFs outperforming MySuper: Research

KARREN VERGARA  |  FRIDAY, 14 SEP 2018
... short-term deposits dropped from 19.8% to 17.3% in the 12 months to June 2018, according to a survey of 2600 SMSFs. In CommSec's latest SMSF trading report, SMSF investors are increasingly turning to international equities for greater diversification ...

Firetrail to launch $305m IPO

KANIKA SOOD  |  THURSDAY, 13 SEP 2018
... managers started to take up the costs of the IPO instead of passing them on to the investors. For Firetrail's offer CommSec is acting as the lead arranger and joint lead manager while Wilsons, Ord Minnett, Taylor Collison and Morgans are acting as ...

SMSF cash allocation dips

KARREN VERGARA  |  WEDNESDAY, 12 SEP 2018
... as many trustees took their last opportunity to make large non-concessional contributions to superannuation, he added. CommSec also released its latest SMSF trading report this week, showing SMSF investors are increasingly turning to international equities ...