Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 10831 - 10840 of 28277 results for "NOT"

Contango LIC slashes cash allocation after acquisition

KANIKA SOOD  |  THURSDAY, 10 MAY 2018
... 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 ...

Link Group loses $15bn industry fund mandate

ALEX BURKE  |  THURSDAY, 10 MAY 2018
... 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. ...

MGP to expand super solutions, director resigns

KARREN VERGARA  |  THURSDAY, 10 MAY 2018
... 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 ...

Chief economist update: When good oil goes bad

BENJAMIN ONG  |  THURSDAY, 10 MAY 2018
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 ...

CBA cops $25 million for BBSW rigging

KANIKA SOOD  |  WEDNESDAY, 9 MAY 2018
... 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 ...

Chief economist update: We're headed for surplus (if assumptions hold)

BENJAMIN ONG  |  WEDNESDAY, 9 MAY 2018
... 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 ...

Infrastructure receives $24.5 billion injection

KANIKA SOOD  |  WEDNESDAY, 9 MAY 2018
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 ...

Volatility divides investors: Survey

KARREN VERGARA  |  WEDNESDAY, 9 MAY 2018
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 ...

Retirement income rules boost annuities: Challenger

ALEX BURKE  |  WEDNESDAY, 9 MAY 2018
... "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 ...

What the 2018 Budget means for you

DARREN SNYDER  |  TUESDAY, 8 MAY 2018
... 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 ...