Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 3711 - 3720 of 14212 results for "Interest"

Chief economist update: Cheaper prices not a bargain

BENJAMIN ONG  |  THURSDAY, 30 JUL 2020
... the 'Taylor Rule' - "a monetary-policy rule that stipulates how much the central bank should change the nominal interest rate in response to changes in inflation, output, or other economic conditions" - given the relative deviations of inflation ...

Advisers file class action against AMP

JAMIE WILLIAMSON  |  WEDNESDAY, 29 JUL 2020
A class action has been filed against AMP by its own advisers in relation to the institution's decision to slash Buyer of Last Resort valuations last year. Almost one year on from the news BOLR valuations would be cut from 4x recurring revenue to ...

Momentum, quality outperform in 2020: S&P

ALLY SELBY  |  WEDNESDAY, 29 JUL 2020
... and eroded the outperformance of the index." With markets rebounding following a series of health and safety measures, interest rate cuts and stimulus packages, the S&P/ASX 200 rebounded from its March 23 lows. In the past, momentum, quality, and small-cap ...

Hobart adviser cops ban

ALLY SELBY  |  WEDNESDAY, 29 JUL 2020
ASIC has banned a Hobart-based financial adviser from providing financial services for five years after he encouraged clients to inappropriately double gear their investments. Meritum Financial Group authorised representative David Horton has been banned ...

Chief economist update: Gold 2000

BENJAMIN ONG  |  WEDNESDAY, 29 JUL 2020
... by major world central banks' about face towards a more accommodative policy - led by the US Federal Reserve's interest rate cuts (July, September and October 2019). Gold prices surged from US$1282.10 an ounce in January 2019 to a high of US$1552.00/ounce ...

Life insurance needs to prove value

ANNABELLE DICKSON  |  WEDNESDAY, 29 JUL 2020
... super. This is undermining member confidence and that is leading members to choose to opt out when it's not in their best interest," Evans said. For death cover there were 13.4 million covers in force, 97% of lodged claims were paid with the highest ...

Garry Laurence to depart Perpetual

KANIKA SOOD  |  TUESDAY, 28 JUL 2020
... it would pay $465 million (about 40% via an equity raise, 50% via a debt facility and about 10% via cash) to buy 75% interest in Barrow, Hanley, Mewhinney & Strauss from BrightSphere Investment Group. Post-acquisition, Perpetual's combined $92.3 ...

Hume calls out ERS fake news

ELIZABETH MCARTHUR  |  MONDAY, 27 JUL 2020
At the Financial Services Council Life Insurance Summit Senator Jane Hume has said "fake news" about consumers losing life insurance due to the early release of super has irritated her. Hume said consumers would not lose life insurance policies held ...

Calls for broad default life insurance system

ELIZA BAVIN  |  MONDAY, 27 JUL 2020
... policy-makers and regulators should strive for the equity of access commissions can bring, while recognizing the explicit best interest duty and well-resourced regulatory infrastructure. "Without a balanced regulatory approach, more Australians will ...

Chief economist update: Second wave comes to Japan

BENJAMIN ONG  |  MONDAY, 27 JUL 2020
... and will not hesitate to take additional easing measures if necessary, and also it expects short- and long-term policy interest rates to remain at their present or lower levels."