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

Search Results

Showing 4061 - 4070 of 14213 results for "Interest"

Early access to super scheme results in permanent ban

ELIZABETH MCARTHUR  |  WEDNESDAY, 11 MAR 2020
... Management. He was found to have failed to provide appropriate advice to a client and he failed to declare a conflict of interest. Goldenberg recommended the client invest in Mortimer Close in a statement of advice without disclosing that he was the ...

Trump slams Fed in Twitter tirade

ALLY SELBY  |  WEDNESDAY, 11 MAR 2020
... Trump nominated Powell as the chair of the Federal Reserve in November 2017. Trump ramped up pressure on Powell to cut interest rates following the RBA's rate cut last week. "Australia's Central Bank cut interest rates and stated it will most ...

Florida fraudster swindles investors out of $60 million

ALLY SELBY  |  WEDNESDAY, 11 MAR 2020
... federal securities laws," it said. "The SEC seeks injunctions, disgorgement of allegedly ill-gotten gains with pre-judgment interest, and financial penalties against the defendants."

Lack of independence must be made clear: ASIC

ELIZA BAVIN  |  TUESDAY, 10 MAR 2020
Financial advisers will need to provide every retail client a written statement explaining "simply and concisely" why they are not independent, impartial and unbiased; if ASIC's draft recommendations for advice fees are adopted. The purpose, ASIC said ...

Thematic investing grows threefold

ALLY SELBY  |  TUESDAY, 10 MAR 2020
The global thematic funds landscape has increased almost threefold over the past three years, with assets under management swelling to $295 billion (US$195 billion) worldwide. That's according to the latest Morningstar report, which analyses the key ...

Chief economist update: The crash we have to have

BENJAMIN ONG  |  TUESDAY, 10 MAR 2020
... stock market crash we have to have? The great reboot from the overvaluation in stock market prices prompted by cheap interest rates that punished savers and drove investors to go look where their capital could get higher returns? The global freezing ...

Small administrator eyes large funds

HARRISON WORLEY  |  MONDAY, 9 MAR 2020
Brisbane-based superannuation administrator IFAA is ready to broaden its focus beyond the mostly small and medium super funds it typically serves, as the addition of a new shareholder bolsters the firm. Almost half of the equity in Brisbane-based superannuation ...

Billionaire investor warns against buying the dip

ALLY SELBY  |  MONDAY, 9 MAR 2020
... are prevalent in share markets," he said. He encouraged the Australian government to take advantage of the current low interest rate environment to aid economic growth. "Given the potentially recessionary impact to economic growth, I believe it is an ...

ANZ wealth exit sees hundreds of jobs go

ELIZABETH MCARTHUR  |  MONDAY, 9 MAR 2020
... coronavirus and the recent bushfires. "The risks to the Australian economy are real. That is why the Reserve Bank reduced interest rates to record lows earlier this week. ANZ is a tier one business; they should be leading the way in mapping out sensible ...

Equities not that expensive: Hamish Douglass

ALLY SELBY  |  MONDAY, 9 MAR 2020
... not expensive, despite their stretched valuations. In fact, it's all just a matter of "gravity" or the historically low interest rate environment, according to Magellan's Hamish Douglass. Speaking to a near-full crowd at the firm's annual roadshow ...