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Showing 181 - 190 of 460 results for "Deem"

Super fund pays it forward

JAMIE WILLIAMSON  |  THURSDAY, 14 MAY 2020
A superannuation fund is passing its government stimulus on to members who have been forced to withdraw from their accounts under the early release scheme. Future Super has decided it will pass on its government stimulus to members whose account balances ...

Chief economist update: Powell blamed for fall on Wall Street

BENJAMIN ONG  |  THURSDAY, 14 MAY 2020
... Minneapolis (Neel Kashkari) - days before. The bottom line is that with financial markets still highly sensitive to what they deem as negative news, markets haven't bottomed out yet.

Chief economist update: No cheers as RBA hits inflation target

BENJAMIN ONG  |  THURSDAY, 30 APR 2020
Mission accomplished! This would have been the Reserve Bank of Australia's (RBA) self-congratulatory exclamation after the Australian Bureau of Statistics (ABS) reported that annual headline CPI inflation accelerated to 2.2% in the March quarter ...

Industry fund revalues unlisted assets

HARRISON WORLEY  |  TUESDAY, 28 APR 2020
Another superannuation fund has slashed the value of its unlisted assets, with airports and commercial property taking a hit. In an investment update to members, Statewide Super said it has done so on the back of advice from external valuers and investment ...

Best, worst global equities funds in March quarter

KANIKA SOOD  |  THURSDAY, 23 APR 2020
... Miles said in a research note. "All are valuation-conscious stock-pickers but have been willing to pay up for, what they deem to be, quality. These preferences have allowed them to largely avoid commodity-related companies, financials, and property. ...

How PYS changes caused 34% premium hikes

ELIZABETH MCARTHUR  |  THURSDAY, 2 APR 2020
Significant hikes in group insurance premiums have been put down to the Protecting Your Super reforms - with members of four superannuation funds facing premium increases of 34%. Members of Crescent Wealth Super, Members of Defence Bank, Bankfirst and ...

Court confirms Storm Financial founders breached duties

JAMIE WILLIAMSON  |  FRIDAY, 27 MAR 2020
The Full Federal Court has confirmed the directors of Storm Financial Group breached their duties as directors, dismissing their appeal of ASIC's 2016 decision. The determination wraps up an appeal against the regulator's original decision by ...

Australia to lean on super

HARRISON WORLEY  |  MONDAY, 23 MAR 2020
The superannuation sector has been called on to act as a key pillar in Australia's response to the COVID-19 pandemic, with the early release of super a central tenet of the government's new policy initiatives. The government's latest suite ...

Foreign fund managers granted licensing relief

HARRISON WORLEY  |  WEDNESDAY, 11 MAR 2020
Overseas fund managers are set to be exempt from requiring an Australian financial services licence for the purposes of convincing professional investors to become a client. Under ASIC's newly released foreign financial services provider regulatory ...

Group premiums rise 34%

ELIZA BAVIN  |  WEDNESDAY, 4 MAR 2020
Members of Defence Bank Super and Crescent Wealth Super have been notified their insurance premiums will increase 34%, after TAL advised it would increase premium rates. The funds informed members the changes were as a result of recent legislative changes ...