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| | | ... allocation change. It also expects the level of franking on these dividends to increase. The LIC's investment strategy will not change, with the extra cash going to similar investments. The fund's top 10 holdings include ASX (4.7%), Bank of Queensland ... |
| | | | ... the Budget's superannuation reforms will affect business, Link Group said its contract with a $15 billion industry fund will not be renewed. The mandate with CareSuper represents about 1% of Link Group's pro-forma revenue, according to Link's ASX statement. ... |
| | | | ... would enable MGP to deliver a "superior superannuation solution to its advisory firm and stockbroking client base." MGP did not disclose further details to the market other than should the transaction complete, consideration for the acquisition will ... |
| | | | Let me take you down (no, I'm not going to Strawberry Fields) back to early 2016, when the US and the European Union decided to lift financial and oil sanctions on Iran. Almost immediately Tehran announced it's bringing back production to 3 million ... |
| | | | ... the disadvantage of parties with an opposite exposure to the security. CBA disputed the allegations in late February. "We do not believe our employees have engaged in unlawful conduct, nor have they done anything that would have adversely impacted the ... |
| | | | ... grow by 2.25% in FY 2018-19 (still feasible) before accelerating to 2.75% the following year and 3.25% the next. Whether or not this happens will have an impact - negative or positive - on consumer spending, that'll flow through into company sales and ... |
| | | | The Federal Government last night promised to inject $24.5 billion into new infrastructure projects, a move which could create opportunities for infrastructure investors and managers in the future. In his Budget speech, Treasurer Scott Morrison said ... |
| | | | As volatility and interest rate movements remain top concerns for investors, many are divided on the impact these risks will have on portfolio returns, the latest Natixis Investment Managers survey shows. About eight-in-ten (78%) of the 200 fund researchers ... |
| | | | ... "essential building blocks for CIPRs." Challenger said its fixed-term annuities, which represent about 80% of sales, will not be affected by the new rules, but its lifetime annuities will be subject to them from 1 July 2019. "These announcements demonstrate ... |
| | | | ... Pensions Loans Scheme that allows everyone over the Age Pension age to borrow money against the equity of their house. Although not acknowledged in Morrison's Budget night speech to Parliament, the Federal Government is committing $10.6 million to ASIC ... |
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