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Showing 4141 - 4150 of 14213 results for "Interest"

AMPFPA action progresses, associations merge

JAMIE WILLIAMSON  |  WEDNESDAY, 12 FEB 2020
... the action will be filed later this month, if not early next. "They're speaking to the advisers who have expressed interest to quantify their losses and I think it will be moving quite quickly after that," Macdonald said. The Finance Sector Union ...

AMP faces fresh class action

ALLY SELBY  |  WEDNESDAY, 12 FEB 2020
AMP is facing a fresh class action, as Shine Lawyers confirms it is investigating whether the firm's financial advisers breached their fiduciary and statutory duties to an estimated 100,000 clients. Shine Lawyers alleges the beleaguered firm failed ...

Product provider makes big FASEA promise

ELIZABETH MCARTHUR  |  WEDNESDAY, 12 FEB 2020
... in-house practice or dealer group product, could be viewed as an inducement to act in a way that isn't in the client's best interest," Lonsec said. Haynes said Lonsec is offering to solve this problem by acquiring the investment management rights from ...

Problems persist with PYSP communication: ASIC

ELIZA BAVIN  |  WEDNESDAY, 12 FEB 2020
... delivering their PYSP communications. "They must ask themselves: Will this approach help my members make decisions in their interest?" "We are reminding trustees to balance their focus on their own operational priorities, such as growing the number of ...

Chief economist update: It's the US consumer, stupid me

BENJAMIN ONG  |  WEDNESDAY, 12 FEB 2020
... recession when the US yield curve inverted around the middle of last year and believed that the Fed would need to cut interest rates by at least another 25 bps, in addition to the ones it announced in July, September and October (that took the fed funds ...

Challenger boutique winds up

KANIKA SOOD  |  TUESDAY, 11 FEB 2020
... distribute FME to its European client base, adding it had no plans to pitch it to Australian clients unless there was specific interest down the line. The target investor base for FME was non-retail institutions, wholesale investor or sophisticated investors ...

More engagement with custodians needed: Report

ELIZA BAVIN  |  TUESDAY, 11 FEB 2020
The Australian Custodial Services Association (ACSA) is urging institutional investors to forge closer relationships with custodians to ensure better outcomes are achieved. ACSA released a report describing the evolving role custodians play in Australia's ...

ACCC denies impropriety

ELIZA BAVIN  |  TUESDAY, 11 FEB 2020
... consistently questioned the immunity deals given to JPMorgan staff. In December last year the court said it would be in the interest of justice for ACCC officials to be questioned and more staff are expected to take the stand as the case continues.

Fund manager hires from Paradice

ALLY SELBY  |  TUESDAY, 11 FEB 2020
... focused and ensures the job gets done on time, with accurate results and with low risk to the organisation. "She has a keen interest in operations, project design and implementation. She is a fun, positive and energetic person who likes to work with ...

Chief economist update: Lowe puts Australia on high

BENJAMIN ONG  |  MONDAY, 10 FEB 2020
... longer. Not to mention, a restart of the US-China tariff tit-for-tat. These turn of events would obligate the RBA to cut interest rates -- one or two more, it doesn't matter -- but cut it must. Or must it? "In considering this case, we have taken ...