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Showing 2841 - 2850 of 14210 results for "Interest"

Economic recap: Week to November 5

BENJAMIN ONG  |  MONDAY, 8 NOV 2021
... 1.8% in the previous week on expectations that the Reserve Bank of Australia (RBA) would need to abandon its pledge that interest rates wouldn't rise until at least 2024. November was different. Bond yields dropped and equity markets rose after the ...

Crypto ETF breaks trading record

KARREN VERGARA  |  FRIDAY, 5 NOV 2021
... Alex Vynokur said investor demand for exposure to digital assets is considerable as evidenced by the record investor interest in CRYP. "We are excited to lead efforts to provide Australian investors with a regulated, cost effective, transparent and convenient ...

Carlyle Group bids for Link

ANNABELLE DICKSON  |  FRIDAY, 5 NOV 2021
... near $9. Whilst it's a good deal for shareholders in the short term, the question arises whether it is in their best interest in the medium to long term," he said. "As a shareholder in Link, we would suggest the board review the offer, but remain focused ...

APRA to disclose MySuper product YFYS test values

JAMIE WILLIAMSON  |  THURSDAY, 4 NOV 2021
In updating its frequently asked questions (FAQs) on the Your Future, Your Super performance test, APRA has confirmed it will publish each MySuper products' test value in the December heatmap. APRA said it intends to publish the performance test ...

ASIC bans adviser over Linchpin, Endeavour fund

ANNABELLE DICKSON  |  THURSDAY, 4 NOV 2021
The corporate regulator banned a Queensland-based financial adviser for three years after recommending clients into the Investport Income Opportunity Fund. Keith Robert McDermott was an authorised representative of The FinancialLink Group and has been ...

E&P Financial Group hit with class action

KARREN VERGARA  |  THURSDAY, 4 NOV 2021
... at the time of writing. ASIC pursued E&P last year, alleging a representative failed to look after client's best interest, individual circumstances and potential conflict of interest while putting their money in the troubled URF and related products ...

Investors fear impact of rising inflation

ANNABELLE DICKSON  |  THURSDAY, 4 NOV 2021
... to defensive stocks. "There are a number of headwinds facing investors at the moment in the shape of rising inflation, interest rate hikes and a faltering economic recovery," eToro global markets strategist Ben Laidler said. "Typically, you would expect ...

Equip, corporate fund merger complete

JAMIE WILLIAMSON  |  WEDNESDAY, 3 NOV 2021
Equip has finalised its latest successor fund transfer, adding $765 million to its funds under management. The fund's merger with BOC Super was official as of November 1, with Equip welcoming about 3000 new members in the process. BOC is a supplier ...

FASEA to reword Standard 3

KARREN VERGARA  |  WEDNESDAY, 3 NOV 2021
... implementation. Standard 3 currently states: "You must not advise, refer or act in any other manner where you have a conflict of interest or duty." The code requires advisers making an assessment of conflict to ensure that, before giving advice, they ...

ASIC sues timeshare company

KARREN VERGARA  |  WEDNESDAY, 3 NOV 2021
Timeshare company Ultiqa Lifestyle Promotions is in the firing line for providing bad financial advice, following an investigation by ASIC. ASIC alleges that between October 2017 to March 2019 the advice was provided by authorised representatives promoting ...