lawyers weekly logo
Advertisement

News

markets

09 May 2019 • By Sarah Simpkins • 1 min read

Two-thirds of clients switching wealth managers

Around 33 per cent of wealth management clients have switched providers in the last three years, and another third plan to change in the next three ...

READ MORE
icon

PM pushes super, tax policy promises as election looms

Appearing at a public function this morning, the Prime Minister reaffirmed his party’s commitment to keeping taxes at the same level in ...

READ MORE
icon

Wealth managers need to provide liquidity

New research by GlobalData has found that investors’ growing demand for cash or near-cash products considering uncertainty poses a challenge to wealth ...

READ MORE
icon

Millionaires’ factory challenged by global markets

Analysts are questioning whether Macquarie can continue to deliver strong returns for shareholders after posting a $3 billion full-year net profit, up ...

READ MORE
icon

GSFM takes Cambridge fund to Aus, NZ

GSFM has partnered with Canadian-based Cambridge Global Asset Management, with the two looking to distribute the Cambridge Global Smaller Companies ...

READ MORE
icon

Big 4 banks’ profits down 11 percent

A new analysis of the half year results of Australia’s big banks has revealed that the banks’ combined profits have decreased by 11

READ MORE
icon

Westpac CEO calls for holistic regulation

Interest rates are “not the problem”, Westpac CEO Brian Hartzer has said, calling for a holistic regulatory approach to subdued market conditions, ...

READ MORE
icon

Westpac ‘undervalued’, says Morningstar

The research house believes Westpac shares are currently trading 16 per cent below valuation following the release of a disappointing first-half ...

READ MORE
icon

Reputational damage to reduce Pendal adviser flows

Morningstar has warned that the reputational damage done to both advisers and dealer groups as a result of the royal commission will reduce fund flows ...

READ MORE
icon

TAL to cut jobs amid major restructure

The life insurance giant has confirmed that it will reduce the total number of jobs in its retail channel following a strategic review. TAL today ...

READ MORE