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Showing 12421 - 12430 of 28300 results for "NOT"

Future retirement products aided by tax exclusions

JAMIE WILLIAMSON  |  TUESDAY, 21 MAR 2017
... that a genuine retirement income stream is provided to a beneficiary, with benefit payments being set in a manner that does not circumvent the commutation rules or provide estate planning benefits," the explanatory memorandum reads. Factors that will ...

PM Capital LIC director resigns

ALEX BURKE  |  TUESDAY, 21 MAR 2017
... Culbert. BKI said the decision came about as a means of preserving the company's low management expense ratio; Contact will not charge a performance fee to BKI. BKI explained further: "Millner and Culbert have surrendered all outstanding BKI incentive ...

Statewide Super renews custody deal

KARREN VERGARA  |  TUESDAY, 21 MAR 2017
... John Comito said he is excited to continue the long-term relationship. "South Australia is an extremely important market, not just for Asset Servicing but the broader NAB enterprise. We believe it is our flexible and service-oriented approach that put ...

Not off the boil

BENJAMIN ONG  |  TUESDAY, 21 MAR 2017
Chinese authorities' regulatory restrictions to cool the housing market appear to be having little impact on property prices. Latest figures show that the average price of new homes in 70 Chinese cities rose by 0.3% in the month of February following ...

Labour costs rising

BENJAMIN ONG  |  TUESDAY, 21 MAR 2017
... support headline inflation in the medium term". However, if the recent growth trend in hourly labour costs continues, it may not need a "substantial degree" of policy accommodation for long. The Eurozone's Labour Cost Index increased by 1.6% in the year ...

PIMCO unitholders approve $10bn RE transaction

ALEX BURKE  |  MONDAY, 20 MAR 2017
... relationship with our clients at every level," he said, adding that even in Australia, a manager of PIMCO's size was an outlier in not having internal RE. In order to facilitate the transition, PIMCO has established a statutory compliance committee consisting ...

US corporate debt mandate signed to Aussie manager

DARREN SNYDER  |  MONDAY, 20 MAR 2017
... interest rates coming," Carden said. The fund's view is "normalisation" will increase existing floating rate cashflow and will not change on fixed rate cashflows. "However, on debt security capital values, normalisation will increase the capital value ...

Adviser contravenes FoFA obligations

EMMA RAPAPORT  |  MONDAY, 20 MAR 2017
A Melbourne based financial advice provider is to appear in the Federal Court of Australia for alleged contraventions of the Future of Financial Advice obligations. Following an ASIC investigation, Wealth and Risk Management (WRM), and its related companies ...

BetaShares managed fund receives rating

EMMA RAPAPORT  |  MONDAY, 20 MAR 2017
Manager of exchange-traded products BetaShares has been awarded a 'Recommended' rating from Lonsec for its Managed Risk Global Share Fund. Launched in February 2016, the Managed Risk Global Share Fund provides exposure to a broadly diversified portfolio ...

Workers' retirement angst growing

KARREN VERGARA  |  MONDAY, 20 MAR 2017
A growing number of Australians are not prepared for retirement, while those already retired fear of outliving their savings, the latest research from Investment Trends shows. According to the 2016 Retirement Income Report, 44% of the 6987 surveyed ...