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Showing 81 - 90 of 447 results for "Term Deposits"

Challenger to buy industry-fund-owned bank

KANIKA SOOD  |  WEDNESDAY, 23 DEC 2020
... we provide financial security for retirement and will further diversify our distribution channels," Howes said. "Term deposits represent a significant asset class for Australian retirees and entering the market provides an opportunity to play a greater ...

LICs show sign of struggle

ANNABELLE DICKSON  |  WEDNESDAY, 16 DEC 2020
... interest is becoming popular as investors, especially retirees, are desperate to get better yields than they get from term deposits and seek investments that generate income," he said. "LIC managers tend to specialise in a single asset class, with only ...

Mayfair 101 heads to mediation

ELIZABETH MCARTHUR  |  FRIDAY, 11 DEC 2020
... misleading claims about the M+ Fixed Income Notes and M Core Fixed Income Notes, including comparing the products to bank term deposits. ASIC alleges that this could have caused investors to misunderstand the inherent risk in investing through these ...

SMSFs dump $30bn in shares

ANNABELLE DICKSON  |  FRIDAY, 11 DEC 2020
... remain the top asset in terms of value held by SMSFs, at 25% of $728 billion in total estimated assets. Cash and term deposits decreased marginally from $154.4 billion to $153.3 billion and make up 21% of SMSF asset allocation. Both non-residential real ...

Regulator continues crackdown on product adverts

ELIZA BAVIN  |  MONDAY, 23 NOV 2020
ASIC has placed a stop order on another fund after it found radio advertisements compared the fund to term deposits and did not include proper risk warnings. The stop order was placed on advertisements for the Skyring Fixed Income Fund prohibiting it ...

Off-platform assets consume advisers' time

KARREN VERGARA  |  MONDAY, 9 NOV 2020
... half (59%) of the 211 advisers surveyed administer a portion of client assets off-platform. These assets include term deposits, ASX-listed shares, ETFs, direct and commercial property, wholesale and retail managed funds, and private equity holdings. ...

Aberdeen drops fees on fixed income fund

KANIKA SOOD  |  TUESDAY, 3 NOV 2020
... income plays in a portfolio rather than simply looking at headline yields, which have also come down dramatically on term deposits and other cash alternatives," Aberdeen Standard Investments head of Australian fixed income Garreth Innes said. "Fixed ...

BT cuts Wealth Connect

ALLY SELBY  |  FRIDAY, 16 OCT 2020
... schemes; platforms, wraps and portfolio services; retirement savings accounts; superannuation; cash accounts and term deposits; securities and structured alternative investments. In an internal memo presented to staff on Thursday and obtained by Financial ...

Super fund expands investment exclusions

ELIZA BAVIN  |  FRIDAY, 4 SEP 2020
... TPD benefits and permanent incapacity support benefits received from the insurer will be invested in the cash and term deposits option as a result of the overall investment option changes. The fund also announced a number of investment changes, in addition ...

Dividends ripe for the picking

ANNABELLE DICKSON  |  TUESDAY, 1 SEP 2020
... said. "Following back-to-back rate cuts in March, retirees relying on so-called safe assets, such as cash, bonds and term deposits simply won't be able to pay the bills and we expect the cash rate to remain close to zero for at least the next two years." ...