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Showing 3961 - 3970 of 14212 results for "Interest"

Major regulatory efforts delayed

HARRISON WORLEY  |  WEDNESDAY, 15 APR 2020
... measures to support their customers who are adversely affected. We expect them to continue to act fairly and in the best interest of consumers in these extraordinary times. "To assist firms, ASIC will limit the regulatory activity that they will need ...

ASIC provides relief around early super access advice

JAMIE WILLIAMSON  |  TUESDAY, 14 APR 2020
ASIC has announced three temporary measures to assist the industry with providing affordable and timely advice during the COVID-19 crisis. It has also confirmed it is delaying its work on grandfathered conflicted remuneration and life insurance advice. ...

AMP Capital wholesale property fund rejigs withdrawals

KANIKA SOOD  |  TUESDAY, 14 APR 2020
AMP Capital's wholesale Australian property fund is moving asset valuations from quarterly to monthly, has fixed the distribution payouts for this year and is altering withdrawals during the COVID-19 pandemic. The fund, which currently allows monthly ...

Pendal reports $3.9bn in outflows, slips below $100 bn

KANIKA SOOD  |  TUESDAY, 14 APR 2020
... annualised effect, Pendal said. "Our experience during the COVID-19 so far has seen outflows from our cash and fixed interest mandates primarily from our institutional clients where there has been some reweighting of portfolios. Flows in our wholesale ...

Changes to foreign investment rules hurt managed funds

ALLY SELBY  |  TUESDAY, 14 APR 2020
... will extend the time frame for decisions on foreign investments to up to six months, in a bid to protect the national interest. Slashing the threshold for foreign investment proposals from $1.2 billion to $0, Frydenberg said the changes would give the ...

Isolated advisers enter the digital age

ALLY SELBY  |  THURSDAY, 9 APR 2020
In an industry known for its reliance on pen and paper, financial advisers have been quick to pivot their business models in the face of COVID-19 and embrace technology. For tech-savvy advisers the COVID-19 spurred shutdown will likely see no material ...

Never say never to RBA help: First State Super

HARRISON WORLEY  |  THURSDAY, 9 APR 2020
... have been going through a process of over the last few weeks, around what's starting to be the opportunity areas of interest and the opportunities that we want to be able to take advantage of with the additional liquidity that we have," he said. ...

Trading platforms see record use

HARRISON WORLEY  |  THURSDAY, 9 APR 2020
... the explosion in active traders on the platform. "There is no doubt that the recent market volatility and the ultra-low interest rate environment has created significant interest in the stock market," Edgley said. The increase pushed the platform's ...

Will COVID-19 kill the balanced option?

ELIZABETH MCARTHUR  |  THURSDAY, 9 APR 2020
... out the SRMs are often buried deep within lengthy super fund product disclosure statements. He also sees a conflict of interest in the fact that trustees assess their own SRM. Geffin wants to see the SRM for every super fund assessed by APRA and put ...

Australia's AAA rating at risk

ELIZA BAVIN  |  THURSDAY, 9 APR 2020
... announced a $320 billion stimulus package, representing 16.4% of GDP. "The government is acting decisively in the national interest to support households and businesses and address the significant economic consequences of COVID-19," Treasury said. "While ...