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Showing 4261 - 4270 of 14213 results for "Interest"

AMP to cut contribution fees

JAMIE WILLIAMSON  |  WEDNESDAY, 11 DEC 2019
AMP has informed licensees and financial advisers it will phase out contribution fees in Q1 2020. In a letter from AMP managing director of superannuation, retirement and platforms Lara Bourguignon, AMP has said it will cease charging and paying contribution ...

ESG scores may be inflated: Eaton Vance

ELIZA BAVIN  |  WEDNESDAY, 11 DEC 2019
As investors seek to integrate ESG data into their investment processes, they can mistakenly conflate ESG scores in practice with more familiar financial quality metrics, new research from Eaton Vance has revealed. The paper suggests the conflation ...

Chief economist update: Businesses remain unmoved by low rates

BENJAMIN ONG  |  WEDNESDAY, 11 DEC 2019
... times ahead. It was also in late-October when Governor Lowe urged Australian businesses to raise their spending. "At low interest rates, many investments that didn't make sense at higher interest rates should now make sense... low interest rates ...

SCA drags AMP over claim delays

ALLY SELBY  |  TUESDAY, 10 DEC 2019
... two weeks after APRA proposed changes to pass recommendations from the Hayne Royal Commission to reduce conflicts of interest in insurance in superannuation. These changes will assure that insurance arrangements are made in the best interest of members. ...

ATO issue SMSF scam warning

ELIZABETH MCARTHUR  |  TUESDAY, 10 DEC 2019
... access their super illegally may also need to pay tax on the funds they illegally accessed, along with penalties and interest." Fleming encouraged consumers to get a second opinion and make sure the person they are receiving advice from is a registered ...

IOOF, ANZ transaction gets green light

ELIZA BAVIN  |  TUESDAY, 10 DEC 2019
APRA has approved IOOF's application to purchase ANZ's superannuation business. The decision to allow the purchase of OnePath Custodians and Oasis Funds Management comes from APRA after it was granted the legislative power to approve or refuse an application ...

Chief economist update: Eurozone negative rates a failure?

BENJAMIN ONG  |  TUESDAY, 10 DEC 2019
... one hand, according to Samranvedhya. But on the other hand... I say that Mario Draghi's experiment into negative interest rates and quantitative easing - and all his policy measures in-between - had been successful. I didn't dub him Super Mario ...

Industry fund publicly shames investment adviser

ELIZABETH MCARTHUR  |  MONDAY, 9 DEC 2019
A $3.3 billion industry superannuation fund revealed it has put an investment adviser on watch in relation to ESG concerns. First Super said Orbis Investment Advisory is on watch due to its approximately 23% holding in XPO Logistics. XPO Logistics is ...

Pendal cuts fee on multi-asset fund

KANIKA SOOD  |  FRIDAY, 6 DEC 2019
... costs. Indirect costs are 0.05% p.a. The fund is managed by Stuart Eliot and invests in shares, property securities, fixed interest, alternatives and cash in Australia and overseas markets. It does not invest in companies materially involved producing ...

ACCC immunity deal questioned by court

ELIZA BAVIN  |  FRIDAY, 6 DEC 2019
JPMorgan's former head of equity, capital and derivatives, Richard Galvin, has been forced to answer questions over the immunity deal offered to him by the ACCC over the cartel scandal of 2015. The Commonwealth brought charges against ANZ, Citigroup ...