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Showing 3411 - 3420 of 14212 results for "Interest"

Chief economist update: Dow 30 thousand

BENJAMIN ONG  |  THURSDAY, 26 NOV 2020
... giving relief. In terms of monetary policy, the Fed's flooded the system with money, money, money in terms of reduced interest rates and asset purchases... and ready and willing to do more if needed. "Be greedy". "Greed is good" (Gordon Gekko) It's ...

Australian Unity owes staff $4.3m

KARREN VERGARA  |  WEDNESDAY, 25 NOV 2020
... has notified the Fair Work Ombudsman of the findings. The $4.25 million estimate does not include superannuation or the interest on wages and entitlements, which are still being calculated. The superannuation benefit errors unearthed relate to some employees ...

Industry fund shifts service functions to Link

KARREN VERGARA  |  WEDNESDAY, 25 NOV 2020
A major industry superannuation fund has outsourced all of its service centre functions to Link Group. From 1 March 2021, Hostplus' contact centre, communications, complaints and employer servicing functions will transition to Link Group and housed ...

Count Financial targets growth with new hire

ANNABELLE DICKSON  |  WEDNESDAY, 25 NOV 2020
The ASX-listed advice and accounting group subsidiary has appointed a former NAB/MLC manager as its practice development and growth manager for Queensland. Stephen Carlton joins from NAB/MLC where he was business growth manager for Queensland and the ...

Wells Fargo sets sights on Aussie super

ELIZA BAVIN  |  WEDNESDAY, 25 NOV 2020
Wells Fargo Asset Management is gearing up to make its mark on the Australian superannuation system, confirming to Financial Standard that it has been in discussions with major super funds. Wells Fargo head of international distribution Deirdre Flood ...

Retail superannuation funds grilled on member priorities

KARREN VERGARA  |  TUESDAY, 24 NOV 2020
A parliamentary inquiry has again cast doubt over retail superannuation funds' ability to put the best financial interests of members ahead of profit and shareholders. The most recent Standing Committee on Economics into super heard instances of ...

Franking credits more important than ever

ELIZA BAVIN  |  TUESDAY, 24 NOV 2020
... advantage of the taxation system, according to Plato Investment Management. Plato portfolio manager Peter Gardner said, with interest rates at historic lows, many retirees are in a position where they could garner more income from franking credits than ...

ESG bringing the family together

ANNABELLE DICKSON  |  TUESDAY, 24 NOV 2020
Environmental, social and governance (ESG) investing have emerged as a common interest for high net worth families who have competing interests over financial advice, risk and objectives, new research shows. Barclays Private Bank found that by 2030 ...

ASIC takes SMSF accountant to court

ANNABELLE DICKSON  |  TUESDAY, 24 NOV 2020
The Australian Securities and Investments Commission (ASIC) has commenced legal proceedings in the Federal Court against a Gold Coast-based SMSF accountant for failing to comply with an enforceable undertaking. Jenan Oslem Thorne, otherwise known as ...

Retirement costs keep rising: ASFA

ELIZA BAVIN  |  MONDAY, 23 NOV 2020
... dining-out options, have had a significant short-term impact on retirement lifestyles, ASFA found. "Recent reductions in interest rates and dividends also are having an impact on the financial position of many Australian retirees," Fahy added. ASFA said ...