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Showing 151 - 160 of 627 results for "Fire"

BlackRock drops fees on bond ETFs

KANIKA SOOD  |  FRIDAY, 5 JUN 2020
BlackRock has cut the fees on three fixed income ETFs for Australian investors, bringing them under 20bps per year each. The iShares Core Composite Bond ETF (IAF) will go from charging 20 bps per year in management fees to 15bps. Both iShares Government ...

BlackRock iShares launches two ETFs

KANIKA SOOD  |  FRIDAY, 29 MAY 2020
iShares today listed two exchange traded funds on the ASX that invest in Australian corporate bonds. The iShares Yield Plus ETF (IYLD) tracks a customised Bloomberg index that measures the performance of the Australian corporate bond market after excluding ...

Chief economist update: Eurozone contraction heads from mild to severe

BENJAMIN ONG  |  THURSDAY, 28 MAY 2020
"I did my best But I guess, my best wasn't good enough..." - 'Just Once', James Ingram The European Central Bank (ECB) launched a new €750 billion asset purchase programme in March in response to the coronavirus pandemic. The following ...

Chief economist update: Hong Kong is ours

BENJAMIN ONG  |  MONDAY, 25 MAY 2020
... constitutional responsibilities". The Politburo's trying to put out the still burning embers of the pro-independence fire before it again gets out of control. It would have been straightforward and fait accompli had it not been for the adverse reaction ...

US pension funds approach point of no return

JAMIE WILLIAMSON  |  THURSDAY, 21 MAY 2020
... assets equal to 20 years or more of payouts before COVID-19 hit, with some over 40 years. The strongest fund, DC Police & Fire, is 114% funded and has an asset-to-payout ratio of 54.8 years. Kentucky's Employee Retirement System ranks as the weakest ...

KKR company cut doctors pay during pandemic

ELIZABETH MCARTHUR  |  FRIDAY, 15 MAY 2020
... the COVID-19 crisis. KKR acquired a 55% stake in CFS on 12 May 2020 for approximately $1.7 billion. But the firm is facing fire overseas over an earlier deal. In 2018 it acquired Envision Healthcare for US $9.9 billion. US member of congress Katie Porter ...

ME Bank pays industry funds no dividends

ELIZABETH MCARTHUR  |  THURSDAY, 14 MAY 2020
... legacy home loans, and subsequent backtrack, the bank's relationship with the 26 industry funds that own it has come under fire. At an urgent hearing of the House of Representatives economics standing committee chair Tim Wilson questioned ME Bank ...

Mudslinging over FASEA extension continues

HARRISON WORLEY  |  WEDNESDAY, 13 MAY 2020
Labor has slammed the Association of Financial Advisers for spouting untruths over the path of the FASEA extension bill through the Senate. Shadow Assistant Treasurer and Shadow Assistant Minister for Financial Services Stephen Jones told Financial ...

APRA releases fund-level ERS data

JAMIE WILLIAMSON  |  MONDAY, 11 MAY 2020
... processing, APRA said. The funds that received the lowest number of applications are Commonwealth Superannuation Corporation (8), Fire and Emergency Services Superannuation Fund (11) and Mason Stevens Super (6). APRA deputy chair Helen Rowell said the ...

ME Bank saga could impact super funds

ELIZABETH MCARTHUR  |  THURSDAY, 7 MAY 2020
ME Bank has come under fire after customers received letters telling them the redraw balances on their mortgages had been dramatically slashed without any warning. One letter from ME Bank, seen by Financial Standard, showed a customer's redraw balance ...