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Showing 2991 - 3000 of 14212 results for "Interest"

Super, fund manager ASX dominance launches inquiry

KARREN VERGARA  |  MONDAY, 2 AUG 2021
Member of Parliament Tim Wilson will lead the charge to determine if big super's domination over the Australian sharemarket is stifling competition. This morning, the House of Representatives Standing Committee on Economics announced the launch ...

Economic recap: Week to July 30

BENJAMIN ONG  |  MONDAY, 2 AUG 2021
... the 5.0% year-on-year jump in the CPI in the third quarter of 2008. But before you think that the days of historic low interest rates are over, think again. According to the ABS: "The increase in annual CPI inflation includes some 'base effects' ...

Super, ASIC beneficiaries of advice challenges: Hearing

JAMIE WILLIAMSON  |  FRIDAY, 30 JUL 2021
... your client is making money or not... There is actually a misalignment which is not necessarily in consumers' best interest," Wilson said. Jacobsen responded: "Potentially. I think the challenge though is that if I'm an individual who can't ...

Frontier welcomes family office specialist

JAMIE WILLIAMSON  |  THURSDAY, 29 JUL 2021
The asset consultant is adding a new senior consultant to boost the firm's family office knowledge. Meirine Giggins is joining Frontier's growing 'non-super' business, bringing over two decades of experience working with family offices and endowment ...

Aware Super, VISSF merger to proceed

JAMIE WILLIAMSON  |  THURSDAY, 29 JUL 2021
After four months of due diligence, the two super funds have confirmed they will merge before the end of the year. In a joint statement, Aware Super and the Victorian Independent Schools Superannuation Fund (VISSF) said the merger will create the largest ...

Tidswell agrees it contravened Corps Act

KANIKA SOOD  |  THURSDAY, 29 JUL 2021
Tidswell has surrendered its RSE licence to APRA, as it agrees to ASIC's allegations it contravened the Corporations Act in its work for startup super fund MobiSuper. In N ovember 2019, ASIC filed a case against MobiSuper, Andrew Richard Grover ...

WTW names local head of investments

KARREN VERGARA  |  WEDNESDAY, 28 JUL 2021
Willis Towers Watson appointed a new lead for its investments team in Australia as the incumbent moves to client consulting. From August 1, Aongus O'Gorman will lead the Australian investments team, succeeding Martin Goss, who has been in the role ...

Managed accounts fulfil best interest

ANNABELLE DICKSON  |  WEDNESDAY, 28 JUL 2021
The increased uptake of managed accounts is seeing advisers fulfil their client best interest duty with ease, according to new research. The latest Investment Trends Managed Accounts Report showed 91% of advisers rated managed accounts as 'good' or ...

Three join embattled AMP Capital fund

ELIZABETH MCARTHUR  |  WEDNESDAY, 28 JUL 2021
AMP Capital's Community Infrastructure Fund (CommIF), which has been fighting takeover bids and losing staff members, has made three key appointments. Odette Linnett has been appointed investment director, Carolyn van Leuven as senior advisor and Mathew ...

Super fund chair outlines future strategy

JAMIE WILLIAMSON  |  TUESDAY, 27 JUL 2021
Catholic Super and Equipsuper's Danny Casey has told Financial Standard of the funds' increased commitment to ESG and plans to double membership, as he settles into the role of chair. Speaking with Financial Standard just weeks after taking ...