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Showing 3201 - 3210 of 14212 results for "Interest"

Chief economist update: Too much of a good thing could be a bad thing

BENJAMIN ONG  |  WEDNESDAY, 31 MAR 2021
... 10-year US Treasury bond yields have risen to a 14-month high of 1.78%. This suggests that Uncle Sam would be paying higher interest payments on its increased debt and it could also force the Fed to raise interest rates sooner than promised to prevent ...

ASIC drops Caddick charges

ELIZABETH MCARTHUR  |  TUESDAY, 30 MAR 2021
ASIC has dropped all 38 charges it was pursuing against missing woman and self-proclaimed financial adviser Melissa Caddick. The regulator was pursuing criminal charges against Caddick, who has been missing since November last year. The charges included ...

ISA chief economist departs

KANIKA SOOD  |  TUESDAY, 30 MAR 2021
... my work around the key issues [for] which I was engaged. I am looking for a fresh opportunity to get back to my core interest of financial and macroeconomic modelling of capital markets," Anthony told Financial Standard. Yesterday, Liberal Member of ...

DDO to simplify general, personal advice

ANNABELLE DICKSON  |  TUESDAY, 30 MAR 2021
... Danielle Press said. "By clarifying the distinction between tailored, quality, personal advice in the customer's interest, and general advice given via a sales campaign, today's judgment will provide clear guidance to those financial institutions ...

Chief economist update: BOJ has no plans to ease easing

BENJAMIN ONG  |  TUESDAY, 30 MAR 2021
The Bank of Japan (BOJ) kept monetary policy settings at its March meeting - short-term key interest rate at minus 0.1% and the target for the 10-year Japanese government bond yield at around 0%. It also pledged that it "will continue with Quantitative ...

Northern Trust AM's stellar year

KANIKA SOOD  |  MONDAY, 29 MAR 2021
... and ESG. There is a currently much larger cohort of providers from the perspective of asset owners and the increased interest in our solutions has come from all aspects of the total portfolio," he said. Looking forward, Bennett said the most demand is ...

K2 Asset Management co-founder exits board

KANIKA SOOD  |  MONDAY, 29 MAR 2021
... Westpac, NSW Treasury and UBS (then SBC). Newman owns about 13.4 million KAM shares, according to his final directors' interest notice filed with the ASX. He spent 14 years on its board. K2 Asset Management had $1.2 billion in total funds under management ...

QSuper pokes holes in YFYS legislation

KANIKA SOOD  |  FRIDAY, 26 MAR 2021
... less talent for their boards. In its submission to the YFYS consultation, the industry fund called attention to the Best Interest Financial Duty's reversal of the burden of proof, and the limitations of APRA's new performance measures for superannuation ...

APSS explores merger with Sunsuper

ANNABELLE DICKSON  |  FRIDAY, 26 MAR 2021
The Australia Post Superannuation Scheme (APSS) has signed a non-binding heads of agreement to explore a merger with Sunsuper. The $8 billion APSS has been closed to new Australia Post employees since 2012 and has around 30,000 members. APSS Trustee's ...

Computershare to buy Wells Fargo corporate trust business

KANIKA SOOD  |  WEDNESDAY, 24 MAR 2021
... with a top four market position, a platform for ongoing growth and increased leverage to long term growth trends and interest rates," Computershare chief executive Stuart Irving said. "The acquisition allows us to integrate CTS's deep client relationships ...