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Showing 1001 - 1010 of 14210 results for "Interest"

CFS unveils fund manager, fee changes to FirstChoice

KARREN VERGARA  |  TUESDAY, 29 OCT 2024
... Employer Super will also see several changes from the CFS Multi-Manager Single Sector manager change. For example, CFS Fixed Interest will have a new allocation to its managers as of October 31: Macquarie (50%), Wellington (19%), Loomis Sayles (10%) ...

Global equity, AREIT managers biggest underperformers: S&P Dow Jones

KARREN VERGARA  |  TUESDAY, 29 OCT 2024
... and three years. Pleasingly for Australian bonds, only 25% of fund managers underperformed the S&P/ASX Australian Fixed interest 0+ Index, and half lagged over a three-year period. Over 10 and 15 years, 75% and 71% underperformed respectively. The results ...

Advisers must prioritise Conflicts Priority Rule: AFCA

KARREN VERGARA  |  MONDAY, 28 OCT 2024
... Australian Financial Complaints Authority (AFCA) warned financial advisers of their responsibilities to manage conflicts of interest under the Conflicts Priority Rule. AFCA senior ombudsman for investments and advice Alex Sidoti said the Conflicts Priority ...

Major global trends impacting advisers

ELIZA BAVIN  |  FRIDAY, 25 OCT 2024
High interest rates (70%), economic downturn and inflation risks (both 68.8%), and the impact of central bank policy (61.3%) usurped any concerns about this year's election cycle for Australian financial advisers and investors, according to this year's ...

CSLR warns adviser levy will balloon

KARREN VERGARA  |  FRIDAY, 25 OCT 2024
... the misclassification of sophisticated investor​; and failure to follow instructions​ and act in clients' best interest. Separately, a relief that allows financial advisers to rely on website disclosure information instead of providing a Financial ...

Queensland-based financial firm loses AFSL

MATTHEW WAI  |  FRIDAY, 25 OCT 2024
... advised prospective clients to establish self-managed super funds and invest into speculative schemes, which Hewish had interest in. Meanwhile, Keystone Asset Management's Shield Master Fund is currently under receivership and administration by Jason ...

APRA questioned on super performance test

ELIZA BAVIN  |  FRIDAY, 25 OCT 2024
APRA has been questioned by the House of Representatives around how it monitors superannuation fund performance and whether there should be more focus on fees over returns. Independent MP Allegra Spender questioned APRA deputy chair Margaret Cole on ...

Institutional outflows ensure mixed quarter for Insignia Financial

JAMIE WILLIAMSON  |  THURSDAY, 24 OCT 2024
... there was also $504 million in net outflows. Net inflows of $460 million were largely as a result of increased adviser interest in Insignia's managed account offering, with $315 million going into MLC Managed Accounts. Its direct capabilities saw $964 ...

Down but not out: Busting defined benefit myths

ANDREW MCKEAN  |  WEDNESDAY, 23 OCT 2024
... strategy also comes down to timing, dependent on available capital and favourable market conditions, such as a normalised interest rate environment, which influences insurance pricing. The other big myth she sought to bust was that DB funds are simple ...

ASIC cans timeshare company AFSL

KARREN VERGARA  |  WEDNESDAY, 23 OCT 2024
... ordered to pay $900,000. Justice Downes said in handing down the ruling at the time: "Such an amount will serve the public interest by deterring future contraventions by Ultiqa and the Ultiqa Group as well as by other participants in the financial services ...