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Showing 161 - 166 of 166 results for "Practice of"

Benchmarking costing investors millions: MLC

The practice of fund managers opting to underweight, rather than not hold stocks they don't like is costing Australian investors millions of dollars, Australian largest wealth manager said today. MLC said the common practice of benchmarking amongst ...

Public sector super giants drop member crediting rates

... (PSS) have both decided to allocate earnings to members through so-called exit rates, replacing the industry standard practice of declaring crediting rates. CSS/PSS said the exit rates will be determined on a least a weekly basis. The funds said the ...

Industry fund signs directed brokerage agreement

The controversial practice of directed brokerage continues to make inroads in Australia, with industry fund Unisuper announcing it has entered into a commission recapture program with the Frank Russell group. Under a typical directed brokerage arrangement ...

House price declines now the major risk to growth: RBA

... economy when the housing price cycle turns." The bank said that declining house prices could be expected to curtail the practice of home equity withdrawal, and which could result in a cutback in spending. "The risk of a large impact from such an event ...

Government issues fresh warning on Melbourne share dealer

... source, such as a stockbroker or licensed financial adviser," he added. Tweed has been constantly warned about his practice of offering to purchase shares but not disclosing the true value of their shares in the offer. "It appears Tweed is circumventing ...

Tower boosts cash levels to meet APRA demands

... implementing strategies to further enhance our capital position over the year, in line with Tower group policy of and practice of maintaining a target surplus level to provide an extra tier of security for our customers and investors." Minto added.