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Showing 1191 - 1200 of 3598 results for "Limited"

Chief economist update: Cash rate should be 1%

BENJAMIN ONG  |  THURSDAY, 7 MAR 2019
... at the AFR Business Summit yesterday that "the "wealth effect" on consumer spending from falling house prices will be limited to cars and furniture" that is "unlikely to derail our economic expansion..." No Philip. The property market's large multiplier ...

Global fund launches in retail market

KARREN VERGARA  |  WEDNESDAY, 6 MAR 2019
... HUB24 platform. The Loomis Sayles Global Equity Fund targets financial advisers and direct investors. Investors Mutual Limited (IML) is the responsible entity for the fund, incepted on 1 November 2018. The majority (67.7%) of the fund invests in US-listed ...

Consultation opens for claim handling changes

HARRISON WORLEY  |  MONDAY, 4 MAR 2019
... regulated. Additionally, it said ASIC's ability to increase its regulatory oversight of claims handling would be significantly limited. Primarily, Treasury outlined concerns that the change might trigger a number of requirements under the Corporations ...

Sunsuper introduces advice fee caps

JAMIE WILLIAMSON  |  THURSDAY, 28 FEB 2019
... the fees payable to a financial adviser via a clients' superannuation account. Under the caps, initial fees will be limited to the lower of $4400 or 2.2% of the balance (including GST) and only payable once every three years. If the account balance ...

Institutional investors call out climate policy

DARREN SNYDER  |  WEDNESDAY, 27 FEB 2019
... is needed each and every year over the next 20 years to achieve emissions reductions in line with the Paris Agreement. "Limited government funds will not unlock this, credible and durable energy and climate policy can," Herd said. "The deadline for Australia ...

ASX to sell IRESS investment

KANIKA SOOD  |  TUESDAY, 26 FEB 2019
... ASX is offloading its entire stake in financial software company IRESS for $358 million with UBS managing the sale. ASX Limited invested in IRESS's initial public offering in 2000 when both were predominantly focused on servicing the Australian equities ...

More consolidation to come: APRA

JAMIE WILLIAMSON  |  FRIDAY, 22 FEB 2019
... funds are yet to determine a course of action but are expected to do so shortly, Byres said. "Even though APRA has had limited powers to direct particular outcomes, many trustees have come to accept that they cannot meet these higher expectations, and ...

AFCA hears legacy complaints

KANIKA SOOD  |  THURSDAY, 21 FEB 2019
The Australian Financial Complaints Authority will start taking legacy complaints starting July 1 for a limited amount of time. The Federal Government recently extended AFCA's remit after the Financial Services Royal Commission. This means the one-stop ...

Platinum LIC posts $29m in losses

KANIKA SOOD  |  WEDNESDAY, 20 FEB 2019
Platinum Capital Limited posted $29 million in net losses after tax for the half year ending December 31. The listed investment company (ASX: PMC) has $446 million in funds under management, invests in developed and emerging markets businesses, and ...

Fidelity adds US equities exposure

KANIKA SOOD  |  TUESDAY, 19 FEB 2019
... Bateman said US value stocks are looking attractive after years of muted returns and he sees strong upside to them with limited downside. "Even if a significant re-rating does take place, this area of the market will likely be the most defensive. However ...