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Showing 151 - 160 of 14210 results for "Interest"

First Super switches out group insurer

JAMIE WILLIAMSON  |  THURSDAY, 19 MAR 2026
First Super has negotiated a mandate with a new group insurer that will see most of its members pay less for their cover. From April 1, group insurance for First Super members will be provided by TAL. The mandate sat with MetLife for the past 14 years ...

Treasury opens Div 296 tax regulation consultation

KARREN VERGARA  |  WEDNESDAY, 18 MAR 2026
... public sector DB schemes do not have any underlying assets deriving income that influences the value of a member's interest, a reduction factor needs to be derived based on a simulated representative portfolio of assets," the letter stated. Ultimately ...

Sequoia advances InterPrac takeover talks

KARREN VERGARA  |  WEDNESDAY, 18 MAR 2026
Sequoia Financial Group said it is in "advanced discussions" with an unnamed buyer interested in taking over InterPrac Financial Planning. Updating shareholders on the future of InterPrac, Sequoia said "discussions remain incomplete and there can be ...

Another RBA hike in May 'not a done deal'

ELIZA BAVIN  |  WEDNESDAY, 18 MAR 2026
The Reserve Bank of Australia (RBA) hiked the cash rate by 0.25% to 4.1% at yesterday's meeting, citing a "material risk" that inflation will stay above the central bank's target range of 2-3%. The decision to hike was all but split, with five voting ...

Treasury proposes advice education standard reforms

KARREN VERGARA  |  TUESDAY, 17 MAR 2026
... for differences in how negative earnings are treated for Division 296 purposes, depending on the type of superannuation interest held by an individual. "There also appear to be situations, such as SMSFs with unallocated reserves, where members could ...

Clime offloads advice business, keeps 10% stake

KARREN VERGARA  |  MONDAY, 16 MAR 2026
... Investment Management is offloading its financial advice unit for $6.5 million to an unnamed group but will retain a 10% interest in the newly combined business. Clime Advice, which has $2 billion in funds under advice (FUA), will continue to operate ...

Janus Henderson says Victory deal could leave it 'gravely damaged'

RIDDHIMA TALWANI  |  FRIDAY, 13 MAR 2026
... takeover bid by Victory Capital is not a superior proposal to the Trian Fund Management offer and will not be in the best interest of its shareholders. Stating the offer by Victory Capital presented significant consummation risk and uncertain value ...

Inflation could surge above 4%

ELIZA BAVIN  |  FRIDAY, 13 MAR 2026
... by the Middle East events." All four of Australia's big banks - CBA, ANZ, NAB and Westpac - expect back-to-back 0.25% interest rate rises in both March and May.

AFCA expands scam-related complaints, publication rules

KARREN VERGARA  |  FRIDAY, 13 MAR 2026
Expanding its jurisdiction, the Australian Financial Complaints Authority (AFCA) will now publish the names of financial firms that do not meet determinations and investigate scam-related complaints involving receiving banks. AFCA now can publicise ...

Perpetual CIO jumps to Pinnacle

ELIZABETH FRY  |  THURSDAY, 12 MAR 2026
Perpetual's outgoing chief investment officer is set to join Pinnacle Investment Management, which is launching a new managed accounts offering for clients. Kyle Lidbury will join as the chief investment officer of a newly created affiliate. Pinnacle ...