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Showing 3061 - 3070 of 14212 results for "Interest"

Westpac backs out of NZ demerger plans

ANNABELLE DICKSON  |  THURSDAY, 24 JUN 2021
Westpac has decided to retain its New Zealand business after reviewing the feasibility of the 160-year-old division and the impact of increased capital requirements. In March, the bank flagged that it was in early stages of reviewing Westpac New Zealand ...

Family offices should supplement super

KARREN VERGARA  |  WEDNESDAY, 23 JUN 2021
... comfortably as an 80-20 ratio of risky versus safe assets is more appropriate in the current market environment. "With interest rates having been on a downhill run for the last 30 years, the balanced profile is now reflecting an allocation of about 70% ...

Lumiant raises capital, adds to board

KARREN VERGARA  |  WEDNESDAY, 23 JUN 2021
... mapped against the FASEA code of ethics, as well as ensuring advisers can easily adhere to know your customer and best interest duty requirements by letting the customer scope their advice."

WealthO2 launches adviser app

KARREN VERGARA  |  TUESDAY, 22 JUN 2021
... providing investors with the capability to check their investments on their personalised app will only enhance engagement and interest," she said. In May, Wealth02 lowered the admin fee on its superannuation offering, Super Simplifier, by 3.3 basis points. ...

LGIAsuper to rebrand

ELIZABETH MCARTHUR  |  TUESDAY, 22 JUN 2021
As LGIAsuper completes its merger with Energy Super and starts the process of integrating Suncorp's super business into the fund, chief executive Kate Farrar tells Financial Standard there are some big changes ahead. From 1 July 2021, the successor ...

Franklin Templeton shutters fund

KANIKA SOOD  |  MONDAY, 21 JUN 2021
Franklin Templeton Investments is winding up its retail Australian Equity Fund, as asset growth lags. The fund was terminated on June 16, with returns of money to investors expected by July 31. "FTIA have determined that based on the current low level ...

Advisers turn to ETFs during COVID

KARREN VERGARA  |  MONDAY, 21 JUN 2021
... invested in ETFs. This figure has now gone up to one in two using ETFs, as many looked to this vehicle to invest in fixed interest, REITs and international equities. Head of product and distribution Andy Stewart said advisers are looking for alternatives ...

AFA defends industry against Labor attack

KARREN VERGARA  |  MONDAY, 21 JUN 2021
The Association of Financial Advisers has slammed the Labor Party's attack on financial advisers, which paints the profession as dodgy and continues to rip-off consumers. AFA acting chief executive Phil Anderson is calling for an end to the "persecution" ...

Chief economist update: Chinese activity indicators disappoint but growth target intact

BENJAMIN ONG  |  MONDAY, 21 JUN 2021
... problemo. If it were, the People's Bank of China (PBOC) would have sprung into action. But no, it left its benchmark interest rates unchanged - one-year loan prime rate at 3.85% and the five-year at 4.65% -- for the 13th straight month at its May ...

Catholic, Equip SFT to see Fairley exit

JAMIE WILLIAMSON  |  FRIDAY, 18 JUN 2021
... Equipsuper set to officially merge at the end of the month, chair Andrew Fairley will hand over the reins - but he has "no interest in going home to mow the lawns". After more than 12 years at the helm of Equip, two of which included its joint venture ...