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Showing 1851 - 1860 of 14210 results for "Interest"

Super funds ready to offer advice: Podcast

CASSANDRA BALDINI  |  THURSDAY, 22 JUN 2023
Association of Superannuation Funds of Australia deputy chief executive Glenn McCrea says there will be a bit of change for super funds who aren't yet providing intra-fund advice but remains confident the sector can deliver for members. On a recent ...

Next RBA boss to be picked in July: Chalmers

CASSANDRA BALDINI  |  THURSDAY, 22 JUN 2023
... have gone out of my way to focus on my job. The point that I made at the time - which I think is self-evident - is when interest rates go it makes it harder for people to pay the bills," he said. He noted that when rates go up Australians find extra ...

US recession possible, but recovery would be strong: Capital Group

CHLOE WALKER  |  THURSDAY, 22 JUN 2023
... approach a recession, we can start to see signs of stress- companies and consumers typically have over-borrowed, and as interest rates go up, they start to worry about their ability to repay those debts, and that's what causes the collapse in confidence ...

Cyber breach claims CalPERS member data

JAMIE WILLIAMSON  |  THURSDAY, 22 JUN 2023
More than 750,000 retired members of one of the world's largest pension funds have had their personal information accessed in a cybersecurity breach. The California Public Employees' Retirement System (CalPERS) is alerting its retired members and their ...

Westpac plans aggressive platforms play

JAMIE WILLIAMSON  |  WEDNESDAY, 21 JUN 2023
... Matt Rady told Financial Standard the outcome is largely the result of a lack of suitable offers. "There was a lot of interest, and this is a great business. The consequence of that is that you need to make sure it lands really well, and you get the ...

Advance Asset Management ceases direct distribution

JAMIE WILLIAMSON  |  WEDNESDAY, 21 JUN 2023
Advance Asset Management funds will no longer be available to direct retail investors following a rather significant change to the eligibility criteria for investment. Currently, Advance AM funds have a minimum investment of $5000 and are available ...

Labor advances super performance test changes

KARREN VERGARA  |  MONDAY, 19 JUN 2023
... help consumers make decisions about whether to invest in these products and who themselves are subject to stringent best interest duty requirements." The wealth management firm is concerned that for many wrap products, the test would not be completed ...

Decade-long Santos well leak prompts investor concern

ROSE MARY PETRASS  |  FRIDAY, 16 JUN 2023
Santos has admitted that its retired offshore oil and gas field Legendre has been leaking gas for a decade, throwing into doubt investor abilities to meet net zero plans. Methane gas - a greenhouse gas 25 times more powerful than carbon dioxide - has ...

ANZ reaches agreement with QLD government over Suncorp

CASSANDRA BALDINI  |  FRIDAY, 16 JUN 2023
ANZ has executed an implementation agreement with the Queensland government as part of the bank's plan to acquire Suncorp Bank. The signing of the agreement marks the next step in ANZ's plan to acquire Suncorp Bank despite concerns raised by the Australian ...

Challenger lowers stake in Elanor

KARREN VERGARA  |  FRIDAY, 16 JUN 2023
... Group continues to drop as another investor has come in to secure a minority stake. Challenger will now have a 13.7% interest in ASX-listed Elanor (ENN), down from 16.7% as revised in May. This dropped further from the initial stake announced in April ...