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Showing 1601 - 1610 of 9377 results for "Income"

Janus Henderson launches new credit ETF

CHLOE WALKER  |  WEDNESDAY, 15 MAR 2023
Janus Henderson Investors has launched its fourth active ETF, investing in sustainable fixed income opportunities. The new offering is the Janus Henderson Sustainable Credit Active ETF (GOOD). Jointly managed by Melbourne-based head of Australian fixed ...

No systemic risk with SVB, but issues remain: Experts

CASSANDRA BALDINI  |  WEDNESDAY, 15 MAR 2023
... assets in cash and SVB had 7%, compared with the industry average of 13%. In addition, SVB's 55% of assets in fixed income securities compares with the industry average of 24%." In summary, he concluded the US government's decision to backstop ...

Rising interest rates tank life insurer performance

KARREN VERGARA  |  WEDNESDAY, 15 MAR 2023
... segment grew 5% to hit $6.9 billion. Individual risk lump sum products rose 1.3% to $7.7 billion, while individual risk income increased 5% year on year to $3.2 billion. Any additional revenue life insurers earn from investing premiums in fixed interest ...

CareSuper changes TPD definition, extends cover

ANDREW MCKEAN  |  TUESDAY, 14 MAR 2023
... they will not be eligible for the extended death cover. The super fund is also increasing the maximum level pre-disability income for income protection cover. The maximum pre-disability income replacement will be increased from 85% to 87% of their pre-disability ...

Court fines ANZ for dodgy introducer program

KARREN VERGARA  |  MONDAY, 13 MAR 2023
... protection laws. By participating in the program, ANZ's marketing material encouraged it as "a great way to earn supplementary income for your business, club, charity or social organisation." In response to the order, the bank said in a statement: "ANZ ...

APRA preserves life insurance prudential standards

KARREN VERGARA  |  FRIDAY, 10 MAR 2023
... improved retirement outcomes in the new year. Both regulators will review how trustees have implemented the Retirement Income Covenant within their business strategies and operations, for the benefit of members, and to ensure trustees take steps to address ...

First Super awards ESG mandate

RACHEL ALEMBAKIS  |  FRIDAY, 10 MAR 2023
... equities was the next asset class of consideration. Watson said that the process will now be extended to its credit and fixed income assets.

ASIC issues more interim stop orders

CASSANDRA BALDINI  |  FRIDAY, 10 MAR 2023
... Derivatives. The watchdog was concerned the TMD inappropriately included investors whose objective was to preserve capital and income generation or hedging which it felt was "inconsistent" with the product. It was also concerned that the TMD included ...

Inflation decimates retiree purchasing power

ANDREW MCKEAN  |  FRIDAY, 10 MAR 2023
... December quarter of 2022, inflation has become an increasingly pressing issue for retirees, who worry that their retirement income may not be enough to sustain their cost of living. Even if the Reserve Bank of Australia (RBA) returns inflation back to ...

Senate inquiry to scrutinise proposed franking credit rules

ANDREW MCKEAN  |  THURSDAY, 9 MAR 2023
... share buybacks, Jones said. In contrast, Wilson Asset Management chair Geoff Wilson said the Bill will mainly impact low-income earnings, SMSFs, and retirees. "The Australian government doesn't appear to fully understand the importance of the franking ...