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Showing 3991 - 4000 of 14212 results for "Interest"

Is it time to lean on the Future Fund?

KANIKA SOOD  |  THURSDAY, 2 APR 2020
... superannuation funds, and some have proposed solutions like the central bank lending to superannuation funds at zero interest rates using their assets as collateral. Grattan Institute program director Brendan Coates says the Future Fund does not support ...

Lonsec recommends PCFM fund

HARRISON WORLEY  |  THURSDAY, 2 APR 2020
Lonsec has upgraded its rating of a flagship Premium China Funds Management offering, recognising the firm's heritage in Chinese equities. The firm's Premium Asia Fund has been handed a recommended rating by the research house, who said it took a "positive ...

Super fund transfer delayed amid COVID-19

KANIKA SOOD  |  THURSDAY, 2 APR 2020
AMP has delayed the successor fund transfer of one of its superannuation clients, who previously decided to switch to another fund, citing current market volatility. Anglican National Super in October 2018 decided it would end its 14-year long relationship ...

Shortseller ordered to pay $900,000 by court

KANIKA SOOD  |  THURSDAY, 2 APR 2020
The New South Wales supreme court has ordered Bonitas Research and its principal Matthew Wiechert to pay about $900,000 in damages and costs to ASX-listed Rural Funds Management. Texas-based Bonitas, last August, published a report alleging RFF was ...

How PYS changes caused 34% premium hikes

ELIZABETH MCARTHUR  |  THURSDAY, 2 APR 2020
Significant hikes in group insurance premiums have been put down to the Protecting Your Super reforms - with members of four superannuation funds facing premium increases of 34%. Members of Crescent Wealth Super, Members of Defence Bank, Bankfirst and ...

GDP to contract 10%: CBA

ELIZA BAVIN  |  THURSDAY, 2 APR 2020
... impacted by the pandemic. CBA will make payments to support customers who have been granted a six-month deferral to offset interest on interest costs during the six-month deferral period. This follows the announcement on March 20 that CBA will make repayment ...

Chief economist update: AUD depreciation no cure for coronavirus

BENJAMIN ONG  |  THURSDAY, 2 APR 2020
... as low as US$0.5821 from this year's high of US$0.7029. Central banks' race to the bottom (in terms of policy interest rates) that transpired in response to the GFC was aimed at cheapening their respective currencies to gain competitive advantage ...

Multi-asset results mixed in COVID-19 sell-off

ALLY SELBY  |  WEDNESDAY, 1 APR 2020
... It named Pendal Active Conservative as a winner in the space, thanks to its allocation to defensively positioned fixed interest funds. "Ultimately, while manager selection contributed meaningfully to performance outcomes during the downturn, the best ...

Cashwerkz announces new chief executive

ELIZA BAVIN  |  WEDNESDAY, 1 APR 2020
... number of executive and senior roles in fixed income. "Jon joins Cashwerkz to lead the growth trajectory as cash and fixed interest become an even more necessary asset in the current climate," Cashwerkz said. "He will leverage his vast experience to ...

PMIF sees premiums rise for first time in 12 years

ELIZABETH MCARTHUR  |  WEDNESDAY, 1 APR 2020
The $30 billion industry fund for emergency services workers has had to increase its insurance premiums for the first time in 12 years as a result of the Putting Members Interests First legislation. ESSSuper put insurance premiums on death only and ...