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Showing 991 - 1000 of 4001 results for "Cut"

Chief economist update: Lower rates still fail to animate

BENJAMIN ONG  |  FRIDAY, 29 NOV 2019
... Glenn Stevens had already spoke about this way back in 2014 (mind you, that was before Trump and his trade wars and after he cut interest rates in successive moves from 4.75% in 2011 to 2.5% in 2013 before taking it even lower to what was then a fresh ...

Regulators quash remuneration rumours

ELIZABETH MCARTHUR  |  THURSDAY, 28 NOV 2019
... Press said recent interactions between ASIC and advice industry stakeholders has led her to believe some see the January 2021 cut-off date for grandfathered commissions as the commencement of a transition period rather than a definitive deadline. "This ...

Chief economist update: Weaker yen strengthening Japan

BENJAMIN ONG  |  THURSDAY, 28 NOV 2019
... the BOJ has done nothing and it kept policy unchanged at it's October meeting only hours after the US Federal Reserve cut the Fed Funds Rate for a third time in October, following its July and September rate cuts. The same could be said of the Euro. ...

Paraplanners tackle compliance challenges

ELIZABETH MCARTHUR  |  WEDNESDAY, 27 NOV 2019
The role of paraplanners in compliance has been highlighted at the FPA Congress, with discussion turning to the FASEA Code of Ethics which continues to present complications. Nadia Docker is director, client engagement at Integrity Compliance and part ...

Industry fund awards $100m mandate

KANIKA SOOD  |  WEDNESDAY, 27 NOV 2019
A global manager distributed in Australia by Credit Suisse has won a $100 million allocation from an industry fund as it initiates a position in distressed debt. The $10 billion Australian Catholic Superannuation and Retirement Fund has made an inaugural ...

Active fixed income funds review fees

KANIKA SOOD  |  WEDNESDAY, 27 NOV 2019
... all knocked down fees on their absolute fixed interest strategies by over 10bps each. Kapstream and Schroders took the fee cut as they headed towards listing an active ETF on the exchange. Active fixed income ETFs are a recent invention with the first ...

Chief economist update: As low as Lowe will go

BENJAMIN ONG  |  WEDNESDAY, 27 NOV 2019
The RBA's growth and inflation forecasts and the Taylor Rule calls for just one more rate cut next year. So there we have it ladies and gents, the answer to every Australian's question du jour, how low will domestic interest rates go? I posed ...

Chief economist update: Let's talk about debt

BENJAMIN ONG  |  TUESDAY, 26 NOV 2019
Financial Standard had been calling for it, central banks have, and now it's the Organisation for Economic Cooperation and Development (OECD). In its latest bi-annual economic global economic report released this month, the OECD maintained its Australian ...

Chief economist update: US consumer power

BENJAMIN ONG  |  MONDAY, 25 NOV 2019
... that the probabilities of the US central bank maintaining the fed funds rate at the 1.50%-1.75% are all higher than a rate cut starting from its December 2019 FOMC meeting right through its next six meetings in 2020 (September 2020). The likelihood of ...

Financial planning pioneer to speak at FPA Congress

KANIKA SOOD  |  FRIDAY, 22 NOV 2019
Mitch Anthony, who pioneered life-centered financial advice, will address the annual FPA Congress next week. He spoke to Financial Standard about what advisers can expect from his session. Mitch Anthony has been a thought leader in financial planning ...