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Showing 1801 - 1810 of 14210 results for "Interest"

TelstraSuper MySuper delivers 9.34%

KARREN VERGARA  |  TUESDAY, 18 JUL 2023
... Lifestyle Conservative 4.73% over the one-year period to 30 June 2023," Miller said. By contrast, Miller said the high interest rate environment was challenging for fixed interest and property investments, leading to a general softening in demand for ...

Super framework ideal for advice: Jones

KARREN VERGARA  |  MONDAY, 17 JUL 2023
The superannuation industry can expect to offer holistic advice as assistant treasurer Stephen Jones reasons that its highly regulated framework will place trustees in good stead to make advice more accessible. At a Financial Services Council breakfast ...

ASIC to host CHESS replacement roundtable

CHLOE WALKER  |  MONDAY, 17 JUL 2023
... ASX's stakeholder engagement and governance, including concern with the ASX's management of intragroup conflicts of interest. "ASX's effective engagement with industry is an urgent issue that must be resolved in order for the overall project ...

Does ESG have a fiduciary issue?

ROSE MARY PETRASS  |  MONDAY, 17 JUL 2023
... criticism that positions ESG as a barrier to fiduciary duty, panellists argued that embracing ESG principles is in the interest of stakeholders. ESG investing, they said, provides a holistic approach that broadens the evaluation criteria for investments ...

CFS settles super fees class action

JAMIE WILLIAMSON  |  FRIDAY, 14 JUL 2023
... is still pursuing Commonwealth Bank and CFS over another class action related to not offering super members the best interest rates.

US regulators launch investigation into OpenAI

CASSANDRA BALDINI  |  FRIDAY, 14 JUL 2023
... violation of Section 5 of the FTC Act and whether the Commission action to obtain monetary relief would be in the public interest." In response to the investigation, OpenAI chief executive Sam Altman said he is disappointed. "It is very disappointing ...

Office sector down 8%: MSCI

KARREN VERGARA  |  FRIDAY, 14 JUL 2023
... estimates that the office sector will decline by US$800 billion. "The impact on value could be even stronger if rising interest rates compound it. Similarly, the impact could be stronger if troubled financial institutions decide to more quickly reduce ...

FRAA provides roadmap for improved super regulation by APRA

ANDREW MCKEAN  |  FRIDAY, 14 JUL 2023
The Financial Regulator Assessment Authority (FRAA) has affirmed the effectiveness of APRA in superannuation supervision, while identifying underdevelopment in the regulator's resolution function. The FRAA tabled five recommendations for APRA to enhance ...

Michele Bullock to be next RBA governor

CASSANDRA BALDINI  |  FRIDAY, 14 JUL 2023
... boss may have changed but the economic outlook is still treacherous as inflation continues to be balanced against rising interest rates. Chalmers acknowledged Australians are still doing it tough. "The government knows that Australians are under the ...

Family offices increasingly involved in succession planning

CHLOE WALKER  |  THURSDAY, 13 JUL 2023
... of respondents said the next generation is "much more involved" (35%) or "more involved" (51%), demonstrating a strong interest in understanding and influencing the preservation of family wealth. Meanwhile, the report stated there was universal agreement ...