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Showing 2441 - 2450 of 14210 results for "Interest"

OTC derivatives provider loses licence, executives banned

CASSANDRA BALDINI  |  THURSDAY, 14 JUL 2022
... financial services laws weren't taken and failed to have in place adequate arrangements for the management of conflicts of interest. Sirius Financial will surrender its licence and wind down retail and wholesale operations and will cease providing financial ...

Australian Ethical, Christian Super confirm merger

JAMIE WILLIAMSON  |  THURSDAY, 14 JUL 2022
... values-based investing in Australia, we are pleased to have found an alternative for our members that is not only in their best interest but also champions a similar purpose-driven approach." In late 2021, Christian Super had a range of licensing conditions ...

Hostplus links returns to active approach

ANDREW MCKEAN  |  THURSDAY, 14 JUL 2022
... financial year with global investment markets afflicted by heightened political tensions, rising inflation, and rising interest rates." "Based on current industry estimates, these conditions are indicating that the industry median return for Balanced ...

ETF flows up despite volatility: Vanguard

ANDREW MCKEAN  |  THURSDAY, 14 JUL 2022
... management (AUM) dropped almost 10% from $132 billion to $119 billion. Vanguard attributed this decline to inflationary and interest rate uncertainties which continue to dampen returns. Vanguard Australia's head of ETF capital markets Asia Pacific Minh ...

Global pension fund snaps up telco stake

ANDREW MCKEAN  |  TUESDAY, 12 JUL 2022
The Ontario Teachers' Pension Plan Board will acquire a 70% interest in Spark New Zealand's mobile towers business 'TowerCo' for $1.18 billion. Under the terms of the acquisition, Spark has entered into a 15-year agreement, including ...

Those most in need of advice see least value in it: Research

JAMIE WILLIAMSON  |  TUESDAY, 12 JUL 2022
About 80% of consumers who have never accessed financial advice don't believe there is any value in it, according to a new study from University of South Australia which calls for the introduction of a government-funded rebate for advice. The study ...

AFA hits back at QAR submissions from Choice, ISA

CASSANDRA BALDINI  |  MONDAY, 11 JUL 2022
The Association of Financial Advisers has hit back at the Quality of Advice Review submissions from Choice and Industry Super Australia, saying their recommendations are harmful to the sector. Starting with Choice, the AFA said the consumer body's submission ...

Ministers told to divest shareholdings

JAMIE WILLIAMSON  |  FRIDAY, 8 JUL 2022
... if a minister becomes aware that a fund or trust is invested in a company that might present a perceived conflict of interest, the Prime Minister must be informed at once and the investment liquidated if required. Ministers will be held personally accountable ...

Review of YFYS receives mixed response

ANDREW MCKEAN  |  FRIDAY, 8 JUL 2022
... Bragg chastised Jones for protecting underperforming super funds and for him signalling the gutting of the best financial interest duty. "The Labor government has no plan and no policy to improve member outcomes," Bragg settled. Nevertheless, Mercer ...

Growth scare likely during second half of 2022: Report

CASSANDRA BALDINI  |  FRIDAY, 8 JUL 2022
... equity of bond beta. Real estate also offered 78% inflation protection and up to 80% when further conditions such as real interest rates and variable property risk premium were applied. According to capital market research included in the report, medium-term ...