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Showing 3081 - 3090 of 14212 results for "Interest"

Aware Super awards $30bn mandate

ELIZABETH MCARTHUR  |  FRIDAY, 11 JUN 2021
... accomplish their ESG goals today and in the future." Previously, Vanguard managed indexed investments in equities and fixed interest for Aware. Ahead of launching its own super product, Vanguard has ceased managing passive strategies on behalf of other ...

Chief economist update: US inflation may not be as transitory as the Fed believes

BENJAMIN ONG  |  FRIDAY, 11 JUN 2021
... the Joneses are purchasing used cars. They have the wherewithal to do so - compliments of the Federal Reserve's low interest rates and the Biden administration's generous fiscal spending. Would inflation turned out to be transitory as the Fed ...

Centuria launches unlisted fund

KARREN VERGARA  |  THURSDAY, 10 JUN 2021
... McNab Avenue, Footscray, as a government work precinct. Centuria joint chief executive Jason Huljich said: "In this low interest rate environment, there is a strong appetite from retail investors who are searching for investments with compelling yields. ...

Hostplus holds on to MySuper top spot

KANIKA SOOD  |  WEDNESDAY, 9 JUN 2021
... month's returns were 70bps lower to 2.2%, as equities and property performed well but fixed income and cash fell. "Fixed interest returns have fallen to a sector median of 1.0% while the cash index dropped to 0.0% for same period," Rainmaker said ...

ASIC bans adviser over $5m fraud

ELIZABETH MCARTHUR  |  TUESDAY, 8 JUN 2021
ASIC has permanently banned former Sentinel Wealth financial adviser Gavin Fineff, after he was charged with misappropriating between $3.3 and $5 million of client money. On May 7, Fineff was arrested and charged by New South Wales Police with 18 offences ...

Aussies lose $328m to investment scams

KARREN VERGARA  |  MONDAY, 7 JUN 2021
Fake investment opportunities fleeced Australians $328 million and accounted for the largest scams in 2020. This is according to the Australian Competition & Consumer Commission's (ACCC) latest report Targeting Scams, which unveiled a recording-breaking ...

Chief economist update: Home sweet home

BENJAMIN ONG  |  MONDAY, 7 JUN 2021
... before house prices get even higher and property investors are revving up purchases in anticipation of booms to come. With interest rates at record lows and the Reserve Bank of Australia (RBA) pledging that they will remain at current levels until 2024 ...

LIBOR phased out by year end

ELIZABETH MCARTHUR  |  FRIDAY, 4 JUN 2021
... significant risks to firms. There should be no new use of LIBOR - including USD LIBOR - after the end of 2021." LIBOR is an interest-rate average calculated from estimates submitted by the largest banks in London. It is open to corruption and cartel ...

YFYS on its way to Senate

KANIKA SOOD  |  FRIDAY, 4 JUN 2021
... Your Super bill last night, with Labor getting away with just one of the amendments on its wish list. Best Financial Interest Duty's proposal to give ministers the power to ban superannuation funds' investments was dropped. However, Labor's other proposed ...

Former adviser hit with three-year ban

KARREN VERGARA  |  FRIDAY, 4 JUN 2021
A former financial adviser that failed to consider his clients' best interests copped a three-year ban from the regulator. Brisbane-based Nathan Smith was a representative for MyPlanner Professional Services and Total Financial Solutions Australia. ...