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Showing 4391 - 4400 of 14213 results for "Interest"

YouTube fundie ousted, flagship fund to be wound up

ELIZABETH MCARTHUR  |  WEDNESDAY, 16 OCT 2019
The embattled Woodford Equity Income Fund is to be wound up following a decision by Link Fund Solutions that Neil Woodford has said goes against the best interests of investors. Link, the authorised corporate director of the fund, announced last night ...

KPMG foretells open super era

HARRISON WORLEY  |  WEDNESDAY, 16 OCT 2019
... moment". However, KPMG head of asset and wealth management Linda Elkins revealed the firm has already fielded significant interest from "large industry and retail funds" for insights as to how open data will impact the sector. Elkins said funds had a ...

Grandfathered commissions ban passes

ELIZABETH MCARTHUR  |  TUESDAY, 15 OCT 2019
... Benjamin Marshan said the FPA has long supported the phasing-out of commissions on investment products provided it is in the interest of consumers and that advisers have time to adjust their businesses. "The passing of the legislation last night provides ...

No one reads the PDS: ASIC

ELIZABETH MCARTHUR  |  TUESDAY, 15 OCT 2019
... loyal customers whose term deposits had expired into new term deposits. The 'new' term deposits had significantly lower interest rates than available alternatives - for example, at-call accounts." Disclosure requirements, the report concluded, are viewed ...

No pain, no gain: APRA

HARRISON WORLEY  |  TUESDAY, 15 OCT 2019
As APRA raises the bar for the superannuation sector, trustees are readying themselves for discomfort. But the prudential regulator believes the pain is necessary for improving member outcomes. Addressing the Australian Institute of Superannuation Trustees ...

Chief economist update: Brexit uncertainty is not all that bad

BENJAMIN ONG  |  TUESDAY, 15 OCT 2019
... England's (BOE) favour. It's one of the very few central banks that's forward guiding monetary policy towards higher interest rates (albeit "gradual and limited") at a time when the US Federal Reserve has already cut rates twice (and is expected ...

AMPFPA selects law firm

JAMIE WILLIAMSON  |  TUESDAY, 15 OCT 2019
... of investigations into members' options and members wishing to be a part of any action taken should register their interest with the firm.

Fund Manager of the Year revealed

JAMIE WILLIAMSON  |  MONDAY, 14 OCT 2019
... Resolution Capital Limited Real Assets AMP Capital Infrastructure Magellan Asset Management Global and Diversified Fixed Interest PIMCO Australia Australian Fixed Interest Ardea Investment Management Exchange Traded Products iShares by BlackRock Listed ...

BT Financial Group enlists research provider

ELIZABETH MCARTHUR  |  MONDAY, 14 OCT 2019
... managed discretionary accounts imminent. It has also prompted some in the industry to warn that potential conflicts of interest exist in managed accounts, with Lonsec warning that advisers must interrogate these risks. Financial Standard's 2019 Managed ...

Code monitoring move disappoints industry

ELIZABETH MCARTHUR  |  MONDAY, 14 OCT 2019
Treasurer Josh Frydenberg and Assistant Minister Jane Hume announced the government will accelerate its implementation of the Royal Commission's recommendation to establish a single disciplinary body for financial advisers. The move has disappointed ...