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Showing 361 - 370 of 2103 results for "This Week"

Why banks are lifting TD rates

ALLY SELBY  |  FRIDAY, 27 MAR 2020
... rates will especially benefit retirees, who rely on the interest they earn from their savings. "Notably, Westpac will this week start offering a market-leading rate of 2% for an eight-month term deposit for people aged 65 and over." Of the big four ...

Will COVID-19 infect mortgages and RMBS?

ELIZABETH MCARTHUR  |  FRIDAY, 27 MAR 2020
... mortgage defaults. Thomas J. Barrack, a US private equity real estate investor and founder and chair of Colony Capital, this week warned that commercial mortgage markets are in jeopardy. "The market for commercial real estate mortgage loans in the United ...

Super scammers pose as authorities

HARRISON WORLEY  |  FRIDAY, 27 MAR 2020
... me today [Thursday] and say 'Please give us as many details as you can,'" Craggs said. "Hats off to the ATO." Earlier this week Intrust Super and the Australian Institute of Superannuation Trustees both warned superannuation members of the dangers posed ...

TAL reviews life distribution team

JAMIE WILLIAMSON  |  WEDNESDAY, 25 MAR 2020
... units has resulted in team changes and roles being removed. Financial Standard understands those impacted were notified this week, with several redundancies taking place. "In late 2019, TAL announced a new structure to better reflect the evolving shape ...

Super funds revalue unlisted assets

HARRISON WORLEY  |  WEDNESDAY, 25 MAR 2020
... hit, while its unlisted infrastructure has fallen by 6%. In an investment market update released to members earlier this week, UniSuper chief investment officer John Pearce said the fund has a "conservative approach" to liquidity, and as such carried ...

IMAP not anticipating regulatory overhaul

ELIZA BAVIN  |  WEDNESDAY, 25 MAR 2020
... does not expect a major overhaul of the managed accounts space when ASIC's focus returns to the MDA review. Earlier this week, ASIC announced the MDA review is being put on hold, after "recalibrating" its regulatory priorities as it switches focus to ...

ClearView rated stable

HARRISON WORLEY  |  FRIDAY, 20 MAR 2020
... unique distribution strategy and strong balance sheet". The rating comes atop a busy month for the firm to date. Earlier this week it awarded a $1 billion platform mandate to HUB24, as it transitions away from its own wrap platform. The deal will see ...

NYSE closes trading floor

ELIZA BAVIN  |  THURSDAY, 19 MAR 2020
... administered a test by medical personnel at the Exchange and, as a precautionary measure, not permitted to enter the building this week. "They will be treated and recuperate away from the Exchange facility." The news comes after the Philippines halted ...

ASIC drags CFS to court over MySuper

ELIZABETH MCARTHUR  |  TUESDAY, 17 MAR 2020
... Services Australasia was reporting information that was complete, accurate and current. It follows action by ASIC earlier this week, announcing it would pursue Commonwealth Bank in the Federal Court over lending to a problem gambler and its AgriAdvantage ...

US turns to QE, RBA to follow

ELIZA BAVIN  |  MONDAY, 16 MAR 2020
... is impaired. "The 100 basis points rate cut that the Fed delivered today was expected to come at the official meeting this week, but the additional measures to address financial market stresses and reduced liquidity in the treasury and securitised markets ...