HSBC

Funds management

Industry commentators have shared their thoughts on when the RBA will hike interest rates next, and whether Australia will follow other countries and embark on monetary e...

Funds management

It is too early to think about rate cuts in Australia, according to Schroders, and even if they are paused for the time being, they could rise further over the next few y...

Financial planning

Good news for financial advisers, the number of people turning to social media and finfluencers has decreased by almost a third in the past year, according to HSBC....

Funds management

Although on the fence about the replacement of governor Philip Lowe, economists have welcomed his successor, deputy Michele Bullock, as a sign of structure and continuity...

Funds management

Due to the nation’s sensitivity to the global economy, Australia could be leading Western central banks in the race against inflation....

Funds management

Yesterday’s 0.25% rate hike is unlikely to be the last with commentators forecasting the next one to take place as early as next month. ...

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Funds management

Industry experts are predicting a further December rise in interest rates today, with hikes expected to continue until mid-2023 to address inflationary pressures. ...

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People & Products

HSBC Bank Australia has appointed a new chief executive as current CEO, Kaber McLean, takes a six-month sabbatical....

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Financial planning

The decision by the Reserve Bank of Australia to hold rates at 0.1% is indicative of a more hawkish view with rates likely to raise sooner than later, according to commen...

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Funds management

HSBC has increased its expectation for gross domestic product for 2021 from 3.5% to 4.3% thanks to the faster-than-expected recovery, vaccination success and border reope...

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Features

Solving today’s sustainability challenges will be funded by debt, writes Chris Dastoor, meaning it is worth investors considering ESG in their fixed income allocations. ...

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People & Products

Tom Nash has been appointed as portfolio manager of the asset manager’s Australian fixed income team....

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People & Products

BNY Mellon has appointed Jason Mistry as business development lead for its Corporate Trust Asia Pacific business....

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People & Products

NAB has appointed Susan Ferrier as group chief people officer, commencing 1 October 2019, subject to regulatory approvals....

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Policy & Regulation

Three banks have been asked by the Australian Prudential Regulation Authority to tighten their intra-group funding arrangements. ...

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Never miss the latest news and developments in wealth management industry

JOHN GILLIES

Might be a bit different to i the past where at most there was one man from the industry on the loaded enquiry boards a...

1 day 8 hours ago
Simon

Who get's the $10M? Where does the money go?? Might it end up in the CSLR to financially assist duped investors??? ...

6 days 3 hours ago
Squeaky'21

My view is that after 2026 there will be quite a bit less than 10,000 'advisers' (investment advisers) and less than 100...

1 week 6 days ago

AustralianSuper and Australian Retirement Trust have posted the financial results for the 2022–23 financial year for their combined 5.3 million members....

9 months 2 weeks ago

A $34 billion fund has come out on top with a 13.3 per cent return in the last 12 months, beating out mega funds like Australian Retirement Trust and Aware Super. ...

9 months 1 week ago

The verdict in the class action case against AMP Financial Planning has been delivered in the Federal Court by Justice Moshinsky....

9 months 2 weeks ago