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Showing 3591 - 3600 of 14212 results for "Interest"

Tasplan raises IP premiums

KANIKA SOOD  |  TUESDAY, 15 SEP 2020
... insured members covered by its group insurance policies after changes under Protecting Your Super and Putting Members' Interest First legislations. For example, a 40 year-old member with income protection (two-year benefit) via the fund under the ...

ASIC takes Linchpin, Endeavour directors to court

ELIZABETH MCARTHUR  |  TUESDAY, 15 SEP 2020
ASIC has commenced civil proceedings against current and former directors of Linchpin Capital and Endeavour Securities for alleged breaches of duties. The defendants in the proceedings are Ian Williams, Paul Raftery, Paul Neilson and Peter Daly. Williams ...

Brace for 5% returns from global stocks

KANIKA SOOD  |  MONDAY, 14 SEP 2020
... come down over the period year to 4.9% p.a. on the back of U.S. equities, which it thinks are overvalued even in the low-interest rate environment. It expects five-year returns from developed markets to range from 3.8% p.a. for Japan to 5.8% p.a. for ...

Super fund restructures, fixed income lead exits

KARREN VERGARA  |  MONDAY, 14 SEP 2020
A $65 billion superannuation fund is restructuring several business units and farewells the head of fixed income and currency after 13 years in the process. Sunsuper is reorganising its public markets division to a business unit that will undertake ...

Legalsuper appoints executive, increases premiums

JAMIE WILLIAMSON  |  MONDAY, 14 SEP 2020
The $4 billion industry super fund has welcomed a new executive manager of member experience formerly of Cbus. It comes as the fund prepares to also increase insurance premiums for its almost 40,000-strong membership. Carrie Norman has joined legalsuper ...

Rapper charged over crypto scandal

ALLY SELBY  |  MONDAY, 14 SEP 2020
... registration and anti-touting provisions. As part of the settlements, Sparks agreed to disgorge his ill-gotten gains plus interest, while Sparks, While and Smith each agreed to cough up a US$25,000 penalty. They will also be prohibited from participating ...

AustralianSuper welcomes Rio Tinto departure

ELIZABETH MCARTHUR  |  MONDAY, 14 SEP 2020
... responsibility has now been taken by executives at Rio Tinto." He added that AustralianSuper will continue to "take an interest" in how these changes are implemented. "Rio can now work with traditional owners to guarantee that its processes are appropriate ...

Hedge funds in the green

ALLY SELBY  |  MONDAY, 14 SEP 2020
The global hedge fund industry surged 2.5% in August, lifting the average strategy to sit comfortably in the green year to date. That's according to institutional research house eVestment, which found that thanks to August's results the average hedge ...

The fundies of tomorrow

ANNABELLE DICKSON  |  MONDAY, 14 SEP 2020
... corporations rein in their spending. On the other hand, the pandemic has been somewhat opportunistic as ASAM has received interest from interstate universities such as Bond University and University of Tasmania. "COVID-19 has taught us that we can collaborate ...

Chief economist update: ECB keeps it steady

BENJAMIN ONG  |  FRIDAY, 11 SEP 2020
... they...well...didn't do anything. At its September 10 meeting, the European Central Bank's (ECB) governing council decided to keep interest rates unchanged - repo rate at 0.00%; marginal lending facility rate at 0.25%; deposit facility rate at ...