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Showing 2191 - 2200 of 14210 results for "Interest"

Religious carve outs for faith-based super funds are dead

ANDREW MCKEAN  |  WEDNESDAY, 30 NOV 2022
... YFYS reforms, which were carefully devised to ensure super funds invest members savings according to the best financial interest duty. Earlier this week, a spokesperson for assistant treasurer and minister for financial services Stephen Jones told Financial ...

Super funds supercharge semiconductor business

CHLOE WALKER  |  TUESDAY, 29 NOV 2022
... these distinguished institutional investors with us on the journey to revolutionise our digital future." NGS Super's interest in the company is managed by Blackbird Ventures, with operating partner Robyn Denholm saying: "We continue to be impressed by ...

Still potential for dividends growth: Ausbil

CASSANDRA BALDINI  |  TUESDAY, 29 NOV 2022
... to come by in 2023, however there will still be a possibility to secure dividends despite a slowing economy and rising interest rates. Ausbil active dividend income fund portfolio manager Michael Price explained the beauty of quality dividend paying ...

Crescent Wealth misreports indirect costs, breaches regulatory standards

ANDREW MCKEAN  |  MONDAY, 28 NOV 2022
Equity Trustees, the trustee of Crescent Wealth Superannuation, has said the fund's estimated costs weren't calculated or disclosed correctly, breaching regulatory standards. The finding follows a review by Equity Trustees, of the fund's ...

Code of Ethics must be fixed: Phil Anderson

CASSANDRA BALDINI  |  MONDAY, 28 NOV 2022
... that Standard 3, which states advisers must not "advise, refer or act in any other manner where you have a conflict of interest or duty" is most onerous. "Much of the dissatisfaction with the Code has been directed at the idealistic, but completely impractical ...

Cbus pledges $500m to support Housing Accord

ANDREW MCKEAN  |  MONDAY, 28 NOV 2022
... finalisation of commercial terms for the HAFF, but we are confident of reaching terms that will be in the best financial interest of Cbus Super members while unleashing billions in new funding for community housing projects." Further, Cbus deputy chief ...

Super fund board renewals need work: APRA

JAMIE WILLIAMSON  |  MONDAY, 28 NOV 2022
APRA deputy chair Margaret Cole says there is "material scope" for improvement in super fund board renewal strategies. In a speech to the AIST Chairs Forum, Cole outlined the regulator's expectation of trustee boards, saying the issue of board governance ...

Hostplus defies inflation fears

ELIZABETH FRY  |  MONDAY, 28 NOV 2022
... from the pandemic and the war in Ukraine subside, inflation will come down," he states. Sicilia is not suggesting that interest rates will head back towards zero. But he says they won't remain at their current highs. While the chief investment officer ...

Mutuals' assets increase, profits declines: KPMG

CASSANDRA BALDINI  |  FRIDAY, 25 NOV 2022
... (PBT) declined by 11.1% to $604.7 million from $680.5 million in 2021. This fall was primarily due to a decrease in net interest margins and a slight increase in cost-to-income ratios. The report explained that in 2021 PBT for the mutuals increased significantly ...

Retirement no longer back of mind: Equip

ANDREW MCKEAN  |  FRIDAY, 25 NOV 2022
... their retirement plans, even if they're many years away." "It's fantastic to see more and more Australians taking an interest in their financial future and taking action to boost their superannuation early on in their working life. It's easy to dismiss ...