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Showing 91 - 100 of 445 results for "Term Deposits"

HESTA consolidates investment options

JAMIE WILLIAMSON  |  WEDNESDAY, 12 AUG 2020
... 'very ambitious'. Elsewhere, its Cash option will now comprise 50% term deposit assets and be renamed to Cash and Term Deposits. There will be no changes to the fees charged on this option, but the risk profile will change from 'cautious' to 'very cautious'. ...

Macquarie to transfer legacy pension product

KANIKA SOOD  |  MONDAY, 10 AUG 2020
... with Pension Manager. Members will also get more than 1600 investment options (managed funds, listed securities, term deposits, separately managed accounts) and improved features such as online access for account balances, it said. Any ongoing adviser ...

New global funds added to HUB24, Netwealth

ELIZA BAVIN  |  THURSDAY, 23 JUL 2020
... suited investors seeking alternative income sources. "Many investors looking for income have historically relied on term deposits or equity dividends. With cash rates at historic lows and equity dividends challenged, investors are seeking alternative ...

Industry fund lowers fees

KANIKA SOOD  |  FRIDAY, 17 JUL 2020
... investment Seamus Collins said. Account-based pension investment fee for bond options increased from 0.18% to 0.19% while term deposits and property option fees were held steady at 0% and 0.08% respectively. Mine Super's pre-retirement pension options ...

Industry super accused of misleading consumers

ELIZABETH MCARTHUR  |  THURSDAY, 16 JUL 2020
... used Google Ad Words like "term deposit" to advertise debenture products with a vastly different risk profile than term deposits. "At a previous hearing in November last year, I asked you why it was that ASIC had issued a penalty to BT for misleading ...

Crypto investment opportunities outright scams: ASIC

ALLY SELBY  |  THURSDAY, 25 JUN 2020
... people," he said. "We are seeing a spike in reports of scams related to fake crypto-assets (or cryptocurrencies), term deposits, investments and scams that start via romance sites." In particular, the corporate watchdog is concerned about the risk for ...

ASIC warns funds to clean up adverts

KANIKA SOOD  |  TUESDAY, 16 JUN 2020
... classes only mentioning 'high yield' strategies were on its radar. Traditionally, funds that have made comparisons to term deposits have included property syndicates and private credit including mortgage lending, a source said. "ASIC will continue to ...

Clearstream rebrands Australian acquisition

ALLY SELBY  |  MONDAY, 1 JUN 2020
... funds industry. Its local offering now has approximately $56.5 billion (€34 billion) in assets under custody and term deposits, Clearstream said. Clearstream Australia chief executive Ravi Subramaniam said the service provider would help leverage its ...

Retirement funder adds two new executives

ELIZA BAVIN  |  WEDNESDAY, 27 MAY 2020
... meet a major unmet need." Funder said with superannuation and investment portfolios "decimated", and dividends and term deposits at all-time lows, Australian retirees need help to fund their retirement. "We are delighted Chris has agreed to join us on ...

Retirees hurt by APRA dividend pressure

ELIZA BAVIN  |  THURSDAY, 14 MAY 2020
... received any cash handouts and seen asset values drop around 20% to 30%. "Adding to their pain, interest rates on term deposits have dropped, investment dividends have been reduced by companies struggling to stay sustainable, and now the salt in the ...