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Showing 61 - 70 of 10995 results for "May"

Investors being influenced by the 'Powell pivot'

ELIZA BAVIN  |  WEDNESDAY, 20 MAR 2024
... bfinance clients in 2023 targeted investment grade strategies, up from 13% the previous year," the report said. "Investors may not always be aware of the extent to which [investment grade credit] managers employ riskier securities, both in and off-benchmark." ...

Markets, economies benefit from eustress: ABDO

KARREN VERGARA  |  WEDNESDAY, 20 MAR 2024
... might take more than stopping inflation to see consumer-led recovery," he said. The rapid increase in interest rates since May 2022 from 0.10% to today's 4.35% has sparked worrying levels of stress for individuals and businesses and speaks to the cost ...

Treasury releases draft legislation for new $3m super tax

ELIZA BAVIN  |  TUESDAY, 19 MAR 2024
... accordance with existing tax law concepts," it said. "Conversely, a member with a total superannuation balance of $3.5 million may have no taxable income under the existing tax law concepts but would still be liable for taxation under Division 296. "It ...

Interest rate cut may not come until 2025, experts warn

ELIZA BAVIN  |  TUESDAY, 19 MAR 2024
... Bank of Australia (RBA) is expected to keep interest rates on hold at 4.35% today but hopes for a rate cut around the corner may be off the table. In this month's Finder RBA Cash Rate Survey, 41 experts and economists weighed in on what to expect from ...

AustralianSuper engages TAL to create retirement option

ELIZA BAVIN  |  TUESDAY, 19 MAR 2024
... what their retirement journey they have the certainty of an income for life through a longevity product. While for others it may be something else entirely." Blackmore said AustralianSuper's retirement income strategy identified a cohort of members who ...

Mayfair 101 regains control of assets, liquidators abandon claims

JAMIE WILLIAMSON  |  MONDAY, 18 MAR 2024
... Mayfair 101 resumes control of more than two-thirds of the assets previously alleged to have been misappropriated," it added. In May 2020 the IPO Wealth Fund's trustee, Vasco Trustees, appointed receivers and alleged that Mawhinney had transferred ...

Majority comply with IDR reporting: ASIC

KARREN VERGARA  |  MONDAY, 18 MAR 2024
... is a way for ASIC to obtain a record of how many complaints are made to each licensee, Anderson added, noting the regulator may use it to identify where potential weaknesses are. ASIC said that it collects and ultimately publishes IDR reports to "give ...

Australian Retirement Trust completes Alcoa merger

JAMIE WILLIAMSON  |  THURSDAY, 14 MAR 2024
... having entered a Heads of Agreement in August 2023. According to an update from AvSuper, the merger is slated to take place on May 1. ART will begin running introductory webinars for AvSuper members from March 27. This will add a further $2.24 billion ...

FAAA calls on ATO to provide clarity over advice fees

ELIZA BAVIN  |  THURSDAY, 14 MAR 2024
... advisers are providing advice to clients with pre-existing investments to enable a broader set of scenarios where a deduction may be available. The call is part of the FAAA's submission in response to Draft Taxation Determination TD 2023/D4, prepared ...

Low-margin clients hurt practice valuations

KARREN VERGARA  |  THURSDAY, 14 MAR 2024
... has usually had favourable financing terms, including 10-year principal and interest loans, if this does not continue, we may see an associated decrease in valuations in line with shorter loan period amortisation payback periods." Another survey from ...