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| | | Labor is proposing several reforms to giving or ancillary funds that include increasing the annual distribution rate and smoothing out minimal distributions over three years. In the consultation paper Giving fund reforms: Distribution rate and smoothing ... |
| | | | ... within those investments to gain greater yield. "We've been looking at how we can create some opportunities in floating-rate products that allow for a greater diversification away from the dominance of CDs," he said. He explained that "fixed income ... |
| | | | GESB is making a range of changes to its group insurance offering, reducing some premium rates and implementing premium waivers for some members. From July 1, certain types of insurance will see premium reductions; GESB offers death, TPD and salary ... |
| | | | ... world are now more dovish and find themselves in a global easing cycle. The European Central Bank (ECB) cut its interest rate to 2% this month, for example, while the Bank of England cut to 4.25% in May. "Interest rates reducing are good for small caps ... |
| | | | ... 2% target as wage pressures continue to ease," Shah said. In early May, the Bank of England (BOE) lowered its key interest rate by 0.25 percentage points to 4.25% on the back of progress on disinflation over the last two years and as previous external ... |
| | | | ... Advisers. His background includes senior roles at Allianz Retire+ and BT Financial Group, as well as experience as an interest rate swaps broker at BGC Partners. Brown expressed his enthusiasm for the culture at Australasia's oldest and largest private ... |
| | | | ... past 15 years, driven by market conditions such as low interest rates and investor demand - particularly for its floating-rate exposure when bond yields were at low levels. "Its growth is also underpinned by regulatory changes that compelled banks to ... |
| | | | Extel, formerly Institutional Investor Research, has unveiled its inaugural executive survey, spotlighting Australia and New Zealand's top-ranked companies and chief executives. The survey gathered feedback from over 250 investors, fund managers ... |
| | | | The National Minimum Wage and all modern award minimum wage rates will increase by 3.5% on July 1. The minimum wage is currently $24.10 an hour and, following the Fair Work Commission's decision today, will rise to $24.95 an hour. This equates to a ... |
| | | | ... in the background of a member's super account, creating a 'concessional' balance that grows at the government-set deeming rate of 2.25%, instead of the actual return of the super fund. At retirement, members can transfer a portion of their super to an ... |
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