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Showing 3211 - 3220 of 15784 results for "TER"

Millennials want financial advice: Natixis IM

CHLOE WALKER  |  THURSDAY, 5 MAY 2022
Natixis Investment Managers has revealed the five common financial misconceptions about millennials in its recent Five Financial Truths about Millennials at 40 report. The global survey of nearly 2500 individual investors between the ages of 25 and ...

Reserve Bank fallout after hawkish pivot

ANDREW MCKEAN  |  WEDNESDAY, 4 MAY 2022
Yesterday, the Reserve Bank of Australia surprised markets by lifting the cash rate target for the first time in over a decade. The decision to raise rates 25 basis points to 0.35% came as the RBA sought to withdraw the extraordinary monetary support ...

Reserve Bank lifts cash rate target

JAMIE WILLIAMSON  |  TUESDAY, 3 MAY 2022
In the first increase in more than a decade, the Reserve Bank of Australia has raised the cash rate target by 25 basis points to 0.35%. Announcing the decision this afternoon, RBA governor Philip Lowe said the board determined the time is right to begin ...

Warakirri adds winery to fund

CHLOE WALKER  |  TUESDAY, 3 MAY 2022
Warakirri Asset Management has announced settlement of Chromy Estate, the home of Josef Chromy Wines in Tasmania, which it has added to its Diversified Agriculture Fund. The state-of-the-art winery, 61-hectare vineyard, restaurant, and cellar door assets ...

Future Fund battles challenging markets

CHLOE WALKER  |  TUESDAY, 3 MAY 2022
Future Fund's investment holdings slipped 1.5% over the three months ended March 31, now sitting just shy of $201 billion. In its latest portfolio update, Future Fund saw a return of 11.8% for the 12 months to March 31, exceeding its target of 9.1%. ...

CFS awards stewardship mandate

JAMIE WILLIAMSON  |  TUESDAY, 3 MAY 2022
Colonial First State has appointed EOS at Federated Hermes for proxy advisory services. EOS at Federated Hermes will provide engagement, voting and public policy support for Colonial First State's global equity investments. "We believe that active ownership ...

Breach reporting regime a distraction: Report

JAMIE WILLIAMSON  |  TUESDAY, 3 MAY 2022
A survey of compliance professionals has found 67% believe ASIC's breach reporting rules distract from other issues and the greatest proportion of reports filed relate to financial advice failures. A report from CoreData, Lawcadia and Gadens looks ...

Low wage growth a deliberate design feature: ACTU

ANDREW MCKEAN  |  TUESDAY, 3 MAY 2022
An ACTU report has blasted the Coalition government for the consistent entrenchment of low wage growth. The Morrison missing in action on wages report shows that over the entire term of the Morrison government, real wages have fallen by 2.3%. This is ...

LGIAsuper reduces fees, adds indexed option

JAMIE WILLIAMSON  |  MONDAY, 2 MAY 2022
As it prepares to expand its menu, LGIAsuper has reduced fees across most of its investment options, including by more than 30% for MySuper members. Effective March 31, the total of investment and administration fees have been reduced across LGIAsuper's ...

NAB evades AUSTRAC fine for non-compliance

ANDREW MCKEAN  |  MONDAY, 2 MAY 2022
National Australia Bank (NAB) has avoided a civil penalty for issues related to anti-money laundering and counter-terrorism financing (AML-CTF) laws. Unlike the Commonwealth Bank and Westpac which received gargantuan fines for AML-CTF breaches, NAB ...