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Showing 3531 - 3540 of 14212 results for "Interest"

Queensland funds explore merger

KANIKA SOOD  |  WEDNESDAY, 7 OCT 2020
... Energy Super and LGIAsuper will commence due diligence on an exclusive basis, to vet if a merger will be in the best interest of both funds' members. The MoU was signed after a high-level assessment and discussion at both funds. "LGIAsuper's ...

Super industry cautious on more reform

ELIZABETH MCARTHUR  |  TUESDAY, 6 OCT 2020
... made widely available by early next year, the economy would be set up to truly boom in 2021 - raising the prospect of interest rates increases, rather than further cuts," Bassanese said. "As it stands, the strong near-term fiscal stimulus provided in ...

Opposition in opposition: Labor responds

ELIZA BAVIN  |  TUESDAY, 6 OCT 2020
Opposition leader Anthony Albanese has unsurprisingly spoken out against the Morrison government's federal budget, saying it has failed to create much needed jobs. Taking to Twitter, Albanese said: "Being a leader means taking responsibility - in the ...

MySuper funds face new test, member bans

KANIKA SOOD  |  TUESDAY, 6 OCT 2020
Any MySuper products that fail a new APRA-administered annual test twice in a row will not be allowed to receive any new members until they improve their performance. The prudential regulator will conduct benchmarking tests on the net investment performance ...

Funding for housing to decrease

ELIZA BAVIN  |  TUESDAY, 6 OCT 2020
... demand for new housing construction and said after liaison with industry, the HomeBuilder scheme in conjunction with low interest rates, is expected to pull forward demand. Despite the negative impacts the government said the dwelling investment forecast ...

Another MLC advice firm exits group

KARREN VERGARA  |  TUESDAY, 6 OCT 2020
A former MLC-licensed financial advice firm has left the dealer group following the IOOF takeover to join FYG Planners Group. Queensland-based Designing Financial Solutions (DFS), led by principal and financial planner Kevin Redfearn, is now operating ...

ESG ETF demand rises: Research

KARREN VERGARA  |  TUESDAY, 6 OCT 2020
Wealth managers are increasingly using ETFs to incorporate ethical and responsible investing, flagging that this strategy will eventually substitute the actively-managed part of their portfolios. More than half (55%) of the global 191 institutional ...

New property fund launched

ELIZA BAVIN  |  TUESDAY, 6 OCT 2020
... Trust to Eildon Capital. EDC said the change will eliminate all external fee payments and avoid perceived conflicts of interest which it says might exist within external management models.

FASEA releases more Code of Ethics guidance

ELIZABETH MCARTHUR  |  TUESDAY, 6 OCT 2020
... behind each standard. On Standard 3, "You must not advise, refer or act in any other manner where you have a conflict of interest or duty", FASEA clarified that the standard is concerned with "actual conflict". "Standard 3 of the code is concerned with ...

Super funds lag on disclosure

JAMIE WILLIAMSON  |  FRIDAY, 2 OCT 2020
... are more likely to disclose just the top 20 holdings and are increasingly disclosing property, infrastructure, fixed interest and cash holdings, Rainmaker found. "Two-thirds of funds practicing holdings disclosures were also found to disclose fund-wide ...