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Showing 1561 - 1570 of 14210 results for "Interest"

Product modernisation will strengthen retirement outcomes: FSC

CHLOE WALKER  |  MONDAY, 20 NOV 2023
... appropriately conclude that transferring a consumer (and triggering tax obligations) would not satisfy their best financial interest duties. "The FSC supports performance testing of superannuation products, however flaws in the current design of the ...

Aussie investors optimistic about returns

CHLOE WALKER  |  FRIDAY, 17 NOV 2023
... said. Investors are drawn to familiar private asset instruments like private equity and real estate, while showing less interest in complex or opaque options such as microfinance or private debt. The study revealed that a brand and manager's reputation ...

Super funds missing out on rich returns from Aussie agriculture

ANDREW MCKEAN  |  FRIDAY, 17 NOV 2023
... director Jim McKay to question the relative absence of superannuation funds. Warakirri has observed significant investment interest from North America, particularly Canadian pension funds, as well as from Japan and Europe. The $3.2 billion boutique asset ...

Count, Diverger forge ahead with acquisition

KARREN VERGARA  |  FRIDAY, 17 NOV 2023
One day after COG Financial Services backed out of the running, Count announced that its acquisition of Diverger will go ahead and flagged that it's upped its offer price. Count is now willing to pay more for every Diverger share at $1.3651 - more ...

ClearView offloads chunk of Centrepoint Alliance stake

CASSANDRA BALDINI  |  FRIDAY, 17 NOV 2023
... focused on building a scaled company in retail funds management. "The strategic rationale for the acquisition of the CAF interest is that it builds on the first limb of COG's strategy," it explained. "By acquiring the CAF stake, COG is further applying ...

Lombard Odier breaks into Australia, issues private credit mandate

ANDREW MCKEAN  |  THURSDAY, 16 NOV 2023
... also welcomed the entry of Lombard Odier to the Australian market. "Sustainable and impact investing is an area of clear interest to Anglican Funds given our faith-based philosophy and Lombard Odier is a global leader in this space," Munns said.

Rest hires policy lead from HESTA

JAMIE WILLIAMSON  |  THURSDAY, 16 NOV 2023
The $75 billion superannuation fund welcomed a head of public policy this week, recruiting from HESTA. Enrico Burgio has moved to Rest from HESTA where he served as senior manager - policy and advocacy since January. Prior to HESTA, he held a series ...

COG drops bid for Diverger

CASSANDRA BALDINI  |  WEDNESDAY, 15 NOV 2023
COG Financial Services (COG) has withdrawn its proposal to acquire Diverger, citing concerns that shareholders may not support its $27 million offer. Last month, COG presented its non-binding indicative offer, stating its intention to pay $1.4083 per ...

E&P settles class action for $16m

KARREN VERGARA  |  WEDNESDAY, 15 NOV 2023
... clients invest in products that were conceived, developed, and promoted by the group and were not in clients' best interest. Further, Shine alleged that the plaintiffs failed to address conflicts of interest in such practices. "The settlement is ...

ASIC to crack down on superannuation misconduct

ANDREW MCKEAN  |  WEDNESDAY, 15 NOV 2023
ASIC has announced plans for strong, targeted enforcement action in the superannuation sector, focusing on member outcomes in 2024. Baring its teeth in an enforcement and regulatory update released today, the corporate regulator signalled that tackling ...