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Showing 3131 - 3140 of 14212 results for "Interest"

TAL fund in SFT

ELIZABETH MCARTHUR  |  TUESDAY, 11 MAY 2021
TAL Superannuation and Insurance Fund members will be transferred to a new fund under a successor fund transfer. On 31 May 2021, all members of the $1.1 billion TAL Superannuation and Insurance Fund will be transferred to Mercer Super Trust by way of ...

Former Westpac chief executive in new role

KANIKA SOOD  |  TUESDAY, 11 MAY 2021
... Westpac on allegations of insider trading, unconscionable conduct and breaches of its AFSL obligations in relation to interest rate hedging undertaking during a $12 billion interest rate swap transaction from 2016. Sayers' other recent hires span ...

Budget to boost home ownership rates

JAMIE WILLIAMSON  |  MONDAY, 10 MAY 2021
... primary role of super being savings for retirement." Master Builders Australia also commented, saying using "compound interest in superannuation to save a deposit makes sense". The government is also set to establish the Family Home Guarantee, which ...

Statewide not contesting ASIC allegations

KANIKA SOOD  |  MONDAY, 10 MAY 2021
The $10.8 billion industry fund will not contest ASIC's March allegations against the fund regarding administration of group insurance policies. O n March 4, the corporate regulator commenced civil penalty proceedings against Statewide alleging it had ...

Chief economist update: Bad news is good news is back

BENJAMIN ONG  |  MONDAY, 10 MAY 2021
... Treasury Secretary Janet Yellen, she was quick to walk back her talk at the "Future Economic Summit" suggesting that interest rates may need to rise to avoid overheating due to fiscal stimulus. Yellen explained that she did not predict nor recommend ...

APRA approves MLC super takeover

ELIZABETH MCARTHUR  |  FRIDAY, 7 MAY 2021
APRA has given IOOF the go-ahead to take over MLC's superannuation business. Yesterday, the regulator approved IOOF's application to hold a controlling stake in NULIS Nominees, the trustee for MLC Super. On 31 August 2020, IOOF entered into an agreement ...

WTW launches working group

KARREN VERGARA  |  THURSDAY, 6 MAY 2021
... order to identify a structure that enables a wider investor base to access opportunities," he said. There is growing interest from asset owners wanting to access private equity through co-investments, according to associate director of equity research ...

Research aims to solve cash conundrum

ELIZABETH MCARTHUR  |  THURSDAY, 6 MAY 2021
With record-low interest rates set to stay in place for some time, Allianz Retire+ has released new research looking at how best to solve the cash conundrum. Term deposit rates have fallen 96% since the Global Financial Crisis high of 8.25% and now ...

Farmland value grows in all states

ELIZABETH MCARTHUR  |  THURSDAY, 6 MAY 2021
... million hectares of land with a value of approximately $10 billion. Rural Bank chief executive Alexandra Gartmann said low interest rates, consistent commodity prices, exceptional seasonal conditions through 2020 and farmers with capital and an incentive ...

Chief economist update: Japan's elusive virtuous cycle

BENJAMIN ONG  |  THURSDAY, 6 MAY 2021
... and core - has gone nowhere near the BOJ's 2% target despite introducing QQE with Yield Curve Control and Negative Interest Rates in 2016. But I digress. While the BOJ upgraded its GDP growth forecasts in its April 2021 Outlook report - 4.0% in 2021 ...