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Showing 2801 - 2810 of 14210 results for "Interest"

Economic recap: Week to November 26

BENJAMIN ONG  |  MONDAY, 29 NOV 2021
... Omicron. The discovery of this coronavirus variant - first detected in South Africa - pushed back financial markets' interest rate hike expectations that were brought forward only a few days before. Consider these: In October, the Bank of Canada announced ...

Guidance on financial risks of climate change released

JAMIE WILLIAMSON  |  FRIDAY, 26 NOV 2021
The prudential regulator has released the final guidance on managing the financial risks of climate change, having made minor amendments following industry consultation. The guidance outlines how institutions must identify and monitor risk, covering ...

Plaintiff seeks to ring fence Dixon penalty

KARREN VERGARA  |  THURSDAY, 25 NOV 2021
... DASS". In 2020, ASIC took action against Evans & Dixon, alleging its representative failed to look after client's best interest, individual circumstances and potential conflict of interest while putting their money in the troubled ASX-listed US Masters ...

QSuper faces class action over excess premiums

JAMIE WILLIAMSON  |  THURSDAY, 25 NOV 2021
... in the form of the difference between the premiums paid, those they would have paid under the occupational rates and interest and investment returns that would have otherwise been earned on the funds spent on premiums. "Significantly, most of the fund ...

WealthO2 appoints to newly created role

CHLOE WALKER  |  WEDNESDAY, 24 NOV 2021
... worked as a senior account manager at Rubik and Macquarie Group. WealthO2 chief executive Andrew Whelan said adviser interest in WealthO2 is growing strongly, and that Rutty's appointment is a result of this continued business growth and our commitment ...

CBA receives regulatory approval for CFS sale

CHLOE WALKER  |  TUESDAY, 23 NOV 2021
... Commonwealth Bank of Australia (CBA) today announced all regulatory approvals have been received for the sale of a 55% interest in Colonial First State (CFS) to leading global investment firm KKR. The transaction is expected to complete on 1 December ...

Forum: Do managed accounts measure up?

MICHELLE BALTAZAR  |  MONDAY, 22 NOV 2021
... Mercer, MLC Asset Management and Praemium will be available on the day to answer questions on managed accounts and Best Interest Duty (BID), portfolio returns and operational requirements. According to Rainmaker research, the managed accounts industry ...

Hume throws shade at trustee rainy day funds

KARREN VERGARA  |  MONDAY, 22 NOV 2021
Senator Jane Hume has slammed superannuation funds for creating rainy day funds that pay for potential penalties because of misconduct. Hume points to a recent trend in which several super funds applied to the courts seeking permission to charge members ...

APRA questions trustees on financial resilience

CHLOE WALKER  |  MONDAY, 22 NOV 2021
The Australian Prudential Regulation Authority (APRA) has issued a discussion paper seeking information from superannuation trustees on their plans to maintain the financial resilience needed to protect members' best financial interests. APRA's prudential ...

AMP Capital retains management of AWOF

KARREN VERGARA  |  MONDAY, 22 NOV 2021
... today. AMP said that the decision made by the trustee board of the AMP Capital Wholesale Office Fund (AWOF) is in the best interest of unitholders after seeking advice from an independent advisory committee, lawyers, and financial advisers. AMP Capital ...