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Showing 4221 - 4230 of 14213 results for "Interest"

Industry fund ups fees ahead of merger

ELIZABETH MCARTHUR  |  FRIDAY, 10 JAN 2020
A $13 billion industry superannuation fund has increased its insurance fees ahead of merging later this year. MTAA Super wrote to members in a significant event notice to let them know that from 3 February 2020 insurance fees for death and total and ...

Sunsuper welcomes new board directors

ALLY SELBY  |  FRIDAY, 10 JAN 2020
A superannuation sector veteran has been appointed to the board of Sunsuper, helping lift female representation on the board to 40%. Cate Wood has joined the Sunsuper board, bringing with her more than 20 years in leadership roles in profit-for-member ...

ASIC claims to support robo-advice

ELIZABETH MCARTHUR  |  FRIDAY, 10 JAN 2020
In a submission to the Select Committee on Financial Technology and Regulatory Technology, ASIC has claimed it is "supportive" of robo-advice, though harbours concerns around its ability to meet the best interests duty. The regulator said it has met ...

2020: Year of the fragile economy

ALLY SELBY  |  THURSDAY, 9 JAN 2020
... 2010. Debt accumulation similarly threatens the world's advanced economies, with Pazarbasioglu warning that current low interest rates should be approached wisely. "Public borrowing can be beneficial and spur economic development, if used to finance ...

Who is really using the LISTO?

ELIZABETH MCARTHUR  |  THURSDAY, 9 JAN 2020
... amount, every little bit counts when it comes to increasing your superannuation balance. "Super is built on compounding interest, so the more you contribute at an early age, the more likely your balance will grow over time, subject to market fluctuations." ...

AMP to cull super trustee, five funds

HARRISON WORLEY  |  THURSDAY, 9 JAN 2020
... demonstrate how its fundamental relationships had shifted since the Royal Commission as AMP attempted to remove conflicts of interest from the business. The new plan comes just months after AMP combined its Australian wealth management business with ...

Industry veteran set to launch new fund

ELIZA BAVIN  |  WEDNESDAY, 8 JAN 2020
... her role at Bell Direct after 11 years at the end of 2019 to launch her new business which has seen a lot of positive interest since its soft launch. Speaking with Financial Standard, Lee said there has been a lot of interest in her new endeavor. "The ...

Chief economist update: Moving target

BENJAMIN ONG  |  WEDNESDAY, 8 JAN 2020
... policy accommodation it still couldn't hit its target? Move the goalpost, of course. The US Federal Reserve has cut interest rates three times (by 75 basis points) last year from 2.5% to 1.75%. The stats show that half of its dual mandate - full ...

FPA offers pro bono support to bushfire victims

ELIZABETH MCARTHUR  |  WEDNESDAY, 8 JAN 2020
The Financial Planning Association of Australia is establishing a pro bono program where members can volunteer their time to help Australians impacted by the ongoing bushfire crisis. "The FPA community supported those who suffered in the 2009 Black ...

China's growth to slow: PIMCO

ELIZA BAVIN  |  WEDNESDAY, 8 JAN 2020
... anchor inflation expectations over the cyclical horizon, although it is possible to see small symbolic increments of interest rate cuts, in addition to the recently announced reserve requirement reduction, to contain market moves," PIMCO said. Credit ...