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Showing 51 - 60 of 4617 results for "House"

Perpetual rebuffs Soul Pattinson takeover offer

ANDREW MCKEAN  |  THURSDAY, 7 DEC 2023
... management business, a move it staunchly believes is in the best interests of all shareholders. The conglomerate investment house argued that the complexity of the Perpetual Group, along with current market conditions and the fund manager's high financial ...

Final QAR reforms open door to super funds

CASSANDRA BALDINI  |  THURSDAY, 7 DEC 2023
In its final response to the Quality of Advice Review (QAR), the government plans to modernise the best interests duty and amend the Statement of Advice (SoA), while also granting approval for superannuation funds to provide personal advice. In its ...

Interest rates on hold as RBA pauses

CHLOE WALKER  |  WEDNESDAY, 6 DEC 2023
In its final decision of the year, the Reserve Bank of Australia (RBA) kept interest rates unchanged at 4.35%. The decision to hold spares borrowers a sixth interest rate rise in 2023, following a 25 basis point increase at its previous meeting in November. ...

Ultra-low fees define basic ETPs

ANDREW MCKEAN  |  TUESDAY, 5 DEC 2023
... Rainmaker Information, investors can get a diversified balanced portfolio with a total cost as low as 0.1%. The research house highlighted that this cost is primarily determined by investment management fees and the buy/sell spread. Notably, these combined ...

E&P chief exits early

KARREN VERGARA  |  MONDAY, 4 DEC 2023
... 2023," E&P said. E&P settled the Shine-led class action, which related to representatives giving conflicted advice for its in-house product, the Masters Residential Property Fund (URF), for $16 million. Shine alleged that E&P's financial advisers ...

Small, large entity regulation needs balance: APRA

KARREN VERGARA  |  WEDNESDAY, 22 NOV 2023
... announced that it will commit $60 million and partner with UK firm Engine by Starling to launch the technology platform to house small business owners' transaction and savings accounts. "AMP Bank's near-term performance will continue to be affected ...

MA Financial issues first RMBS

CHLOE WALKER  |  TUESDAY, 21 NOV 2023
... that increases if rates go up. "Despite the global challenges, we believe that RMBS are better protected now from falls in house prices than prior to the pandemic," he said.

AFCA secures $1.2bn in refunds

CASSANDRA BALDINI  |  TUESDAY, 21 NOV 2023
... efficient financial services sector." Locke said the organisation hopes its work with firms will lead to significant in-house complaints handling. "Consumers shouldn't have to be escalating this volume of disputes to AFCA," he noted. Locke concluded ...

Australian Retirement Trust adds $12.3bn via CBA Group Super transfer

JAMIE WILLIAMSON  |  MONDAY, 20 NOV 2023
... corporate Australia in what we offer," ART's chief commercial officer Dave Woodall said. "We have a very experienced in-house transition team with specialist skills and experience in managing complex defined benefit plans as one of the largest defined ...

Allianz Retire+ heavyweight jumps ship

ELIZABETH FRY  |  FRIDAY, 17 NOV 2023
After three years, the head of institutional solutions at Allianz Retire+ has departed. Fintan Thornton has left the retirement specialist to take on a new role at a health fund. It comes at a time of turmoil for the retirement industry, which has come ...