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Showing 3401 - 3410 of 14212 results for "Interest"

Hannover reverses out of group insurance

KANIKA SOOD  |  TUESDAY, 1 DEC 2020
... David Tallack said there wasn't a set date for the exit from the segment. "We are working with the trustees in their interest and in interest of the members. It is a strategic shift to focus on reinsurance," he said. Hannover has two main businesses ...

HESTA partners with Australian Unity

ELIZABETH MCARTHUR  |  TUESDAY, 1 DEC 2020
... very excited to be the first investors to support Australian Unity to bring MCIs to market as we both share a long-term interest in building this country's social infrastructure," HESTA chief executive Debby Blakey said. "As patient, long-term investors ...

QSuper bets on new retirement product

KARREN VERGARA  |  TUESDAY, 1 DEC 2020
... provider to commence a retirement income product, the review found, but conflicts of interests exist between putting the interest of members first and retaining member money to maximise funds under management. Many industry stakeholders are calling for ...

Dollarmites faces more backlash

ANNABELLE DICKSON  |  TUESDAY, 1 DEC 2020
... site RateCity.com.au is urging parents with children enrolled in Dollarmites to switch to savings accounts with a higher interest rate. Ratecity.com.au research director Sally Tindall likened the program to McDonald's coming into schools to teach children ...

CBA in court for overcharging interest

ELIZABETH MCARTHUR  |  TUESDAY, 1 DEC 2020
ASIC has commenced proceedings against the Commonwealth Bank (CBA) for overcharged interest to thousands of customers, as revealed during the Royal Commission. In the Federal Court, ASIC will allege that CBA charged a rate of interest on business overdraft ...

New multifamily real estate fund

KANIKA SOOD  |  MONDAY, 30 NOV 2020
A new fund that will invest in $223 million worth of American multifamily assets is pitching to Australian investors. Domus's Multifamily Real Estate Fund (Domus IV) will invest in three assets in Nashville, Tennessee and Phoenix. It includes multifamily ...

Aussies won't top-up ERS losses

ELIZABETH MCARTHUR  |  MONDAY, 30 NOV 2020
... priority for those surveyed. Saving was the most popular goal, with 57% planning to top up their savings despite record low interest rates. Some people, about 22%, were planning to spend their tax savings - with a third of those acknowledging the money ...

Your Future, Your Super reforms closer to legislation

KARREN VERGARA  |  FRIDAY, 27 NOV 2020
The federal government has released its draft legislation for the Your Future, Your Super reforms, opening the industry consultation period until December 24. The package of reforms, which was unveiled in the 2020-21 budget, has four main components ...

FASEA reveals October exam results

KARREN VERGARA  |  THURSDAY, 26 NOV 2020
The majority of financial advisers who sat the most recent exam passed, according to the Financial Adviser Standards and Ethics Authority. FASEA has released the most recent exam statistics, which show 76% of advisers passed the October sitting. There ...

Exemptions to AFSLs explained by ASIC

ELIZA BAVIN  |  THURSDAY, 26 NOV 2020
... "However, the trustee cannot rely on this exemption to avoid the requirement to hold an AFSL to issue, vary or dispose of an interest in an unregistered scheme for which it is the trustee. "The action of issuing, varying or disposing of an interest in ...