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Showing 3521 - 3530 of 14212 results for "Interest"

Powerwrap delists, Praemium takes over

ANNABELLE DICKSON  |  MONDAY, 12 OCT 2020
Managed accounts platform Powerwrap has de-listed from the ASX and its chief executive and board have stepped down following the acquisition by Praemium. In the next move of the off-market takeover, Praemium made payment of the 94% in acceptances on ...

MySuper reforms could have downsides

ELIZABETH MCARTHUR  |  FRIDAY, 9 OCT 2020
... very sensitive process and the optics to the market are always of concern. "It is ironic that acting in the investors interest puts super funds at odds with the ratings agency." Recent research from the Swiss Finance Institute also demonstrates that ...

Brisbane Mater acquired for $122.5m

ELIZA BAVIN  |  FRIDAY, 9 OCT 2020
... The Charter Hall Social Infrastructure REIT (CQE) announced it had entered into an agreement to acquire a 100% freehold interest in the property in a sale and leaseback transaction with Mater. Mater owns and operates an extensive network of hospitals ...

AMP Capital included in UNPRI Leaders Group

ALLY SELBY  |  THURSDAY, 8 OCT 2020
AMP Capital has been included in a prestigious list celebrating excellence in responsible investment, amid a turbulent year during which controversy after controversy has rocked the investment manager. AMP Capital was named alongside 16 asset owners ...

Perpetual axes geared investment options

ELIZABETH MCARTHUR  |  THURSDAY, 8 OCT 2020
... interests of members to ceased offering and terminate the above investments options as there has been a low level of interest from members in these types of investments," Perpetual told members. "As we approach the termination date, to facilitate the ...

Hume clarifies survival of the fittest in MySuper

ELIZABETH MCARTHUR  |  THURSDAY, 8 OCT 2020
Senator Jane Hume has clarified why the government's latest reforms will seek to identify underperforming MySuper products. Hume was speaking at a Financial Services Council (FSC) event about the Your Super, Your Future package announced as part of ...

Netwealth sees rise in inflows

ELIZA BAVIN  |  THURSDAY, 8 OCT 2020
... transaction account balance of around 9.1% of FUA to allow for ample liquidity. "If the Reserve Bank announces a further interest rate reduction, Netwealth will absorb this reduction and this will adversely impact out ancillary revenues until interest ...

REI Super ups insurance premiums

ELIZABETH MCARTHUR  |  THURSDAY, 8 OCT 2020
... billion super fund has increased insurance premiums for the second time in 18 months, blaming the Putting Members' Interest First legislation. Insurance premiums for REI Super members eligible for standard rates on death and total and permanent disability ...

Superhero sets eyes on managed accounts

ALLY SELBY  |  WEDNESDAY, 7 OCT 2020
... efficiencies to Superhero's members. Investor's funds are held in a pooled account by NAB, which generates zero interest for Superhero, Winters said. He noted that a number of the platform's competitors hold cash the same way. And while Australian ...

Aussies want to invest super in property: Research

ELIZA BAVIN  |  WEDNESDAY, 7 OCT 2020
... Australians think property is the most secure and profitable long-term investment, compared with shares, gold, cash and fixed interest, according to new research. The survey found that 41% of Australians would invest their superannuation in property ...