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Showing 2811 - 2820 of 14210 results for "Interest"

High-net-worth investors richer, optimistic

ANNABELLE DICKSON  |  MONDAY, 22 NOV 2021
Australia's high-net-worth (HNW) investors have multiplied in size and wealth, controlling $2.77 trillion in investable assets, new research shows. New research commissioned by Praemium and carried out by Investment Trends found the total number of ...

Economic recap: Week to November 19

BENJAMIN ONG  |  MONDAY, 22 NOV 2021
... anticipated central bank policy responses to keep the tide of rising prices at bay. Some central banks have already raised interest rates, others "tapered" their bond purchases, and the Reserve Bank of Australia (RBA) ditched its target to keep the April ...

ASIC launches remediation review

KARREN VERGARA  |  WEDNESDAY, 17 NOV 2021
... to do when money cannot be returned; and the appropriateness of remedies, including calculating foregone returns and interest. It also discusses how the remediation interacts with breach reporting, internal dispute resolutions, and the Design and Distribution ...

Boutique recruits portfolio manager

KARREN VERGARA  |  WEDNESDAY, 17 NOV 2021
... joined Jamieson Coote Bonds in November, finishing his most recent role at VFMC as senior portfolio manager of fixed interest and absolute returns after three years. He joined the government agency in 2015 as portfolio manager. Prior to VFMC, Wilson ...

AMP in enforceable undertaking

JAMIE WILLIAMSON  |  TUESDAY, 16 NOV 2021
AMP has entered a court enforceable undertaking with APRA over historical matters related to its superannuation business. The CEU follows more than two years of investigation by APRA and relates to trustees AMP Superannuation Limited and N.M. Superannuation ...

APRA moves to force EISS Super merger

JAMIE WILLIAMSON  |  TUESDAY, 16 NOV 2021
Protecting members' best interests, APRA has imposed additional conditions on EISS Super's licence - including that it must merge with a larger fund by the middle of next year. The move follows APRA's investigation into expenditure and governance ...

BT confirms changes to super business

JAMIE WILLIAMSON  |  TUESDAY, 16 NOV 2021
Financial Standard understands BT is preparing to announce the sale of its superannuation business, with the group confirming changes are underway. Financial Standard understands several roles were made redundant yesterday, with more expected throughout ...

ASIC files contempt application against Mawhinney

ELIZABETH MCARTHUR  |  TUESDAY, 16 NOV 2021
... "Mayfair 101 built a successful debt-funded business by giving investors a meaningful return in an environment of low interest rates and investing in a hands-on manner in a carefully selected, diverse portfolio of assets globally," Mawhinney said at ...

BT Practice Principals' Community goes independent

ELIZABETH MCARTHUR  |  TUESDAY, 16 NOV 2021
... businesses," Costas said. "Establishing a self-licensed model independent of an institution also removes conflicts of interest and risks surrounding breach reporting obligations and provides licence holders the services and support to evolve with the ...

Demand for niche advice firms increases

KARREN VERGARA  |  TUESDAY, 16 NOV 2021
... businesses of any size that generate $100,000 to $1 million of recurring revenue. Those looking to acquire express strong interest in AFS licences. These could be a plain vanilla-type AFSL with the standard authorisations such as superannuation, risk ...