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Showing 3561 - 3570 of 14212 results for "Interest"

Group risk inflows fall 15%

ALLY SELBY  |  MONDAY, 28 SEP 2020
New research from actuary Plan For Life has found that overall group risk premium inflows fell 15% over the 12 months to June, with fresh legislation to blame. This includes the 'Protecting Your Super' legislation, which came into effect on 1 July 2019 ...

Six Park, Rollit Wealth announce partnership

ALLY SELBY  |  MONDAY, 28 SEP 2020
... great investment approach for everyday Australians seeking to achieve their financial goals," MacLeod said. In the low interest rate and volatile market environment, many Australians see an opportunity to invest but are unsure of how to take the plunge ...

BlackRock clamps down on work romances

KARREN VERGARA  |  FRIDAY, 25 SEP 2020
... intimate relationships with anyone associated with the US$7.4 trillion asset manager, in a bid to crack down on conflicts of interest. BlackRock staff members were recently told to tell their superiors about romantic relationships with anyone connected ...

Fund seeks to internalise management

KANIKA SOOD  |  FRIDAY, 25 SEP 2020
... scheduled for November 13. 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. Dividend guidance (7% to 8% of the NAV), NAV existing directors ...

More clarity on life insurance best interest duty needed: Research

ELIZA BAVIN  |  FRIDAY, 25 SEP 2020
... for broad changes to Australia's retail disability income insurance market, including providing examples of Best Interest Duty in life insurance. The report said ASIC included in RG 175 examples of the application of the BID in various circumstances ...

ASIC, IOSCO report on debt capital raisings

ALLY SELBY  |  THURSDAY, 24 SEP 2020
... that the management of risks associated with allocation of debt securities is essential; as is managing conflicts of interest and insuring information provided to investors is not misleading. ASIC commissioner Cathie Armour recommended that "all licensees ...

AMP Capital Ethical Leaders loses another mandate

ELIZABETH MCARTHUR  |  THURSDAY, 24 SEP 2020
A third superannuation fund in mere months has terminated its mandate with AMP Capital to manage to its ethical investment option. ESSSuper, the $30 billion government fund for the emergency services, terminated AMP Capital Ethical Leaders Balanced ...

Super funds squander member money: Bragg

KARREN VERGARA  |  THURSDAY, 24 SEP 2020
... event, in which he engaged in a political debate with Labor member Daniel Mulino, Bragg criticised the level of self-interest both retail and industry funds have exhibited over the last 28 years or so under a system that has operated as "one big silo". ...

Microcap manipulators caught out

ANNABELLE DICKSON  |  THURSDAY, 24 SEP 2020
... investors." The Commission is seeking a range of penalties including permanent injunctions, disgorgement plus prejudgment interest, civil penalties, and penny stock bars against the individual defendants as well as officer-and-director bars against Knight ...

Chief economist update: October rate cut?

BENJAMIN ONG  |  THURSDAY, 24 SEP 2020
... Australian Industry Group's (AiG) September 22 virtual conference, predicting that the Australian central bank will cut interest rates when the board next meet on October 6. According to Bill: "In a speech yesterday the deputy governor of the Reserve ...