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Showing 4421 - 4430 of 14213 results for "Interest"

Chief economist update: The greatest central banker of modern times

BENJAMIN ONG  |  TUESDAY, 1 OCT 2019
... adopt substantial monetary policy stimulus measures. It stated: "The package consists of five elements: (i) a cut in the interest rate on the deposit facility, (ii) adjustments to the forward guidance on the key ECB interest rates, (iii) the restart ...

UK insurer fined for annuity sales failings

ELIZA BAVIN  |  TUESDAY, 1 OCT 2019
... insurer offered incentives to call handlers and their managers which may have caused them to put their own financial interest ahead of ensuring fair customer outcomes. "Call handlers were incentivised by the possibility of earning an additional 37% on ...

Former Deutsche director joins EQT

HARRISON WORLEY  |  MONDAY, 30 SEP 2019
... independent director of EQT's superannuation board, as it continues its quest to "raise the standard" in securing members' interest. Rogan has more than 25 years of experience as a director of equity boards and industry groups, including a 12-year stint ...

Global manager pushes Australian expansion

ELIZA BAVIN  |  MONDAY, 30 SEP 2019
A US-listed investment manager has launched an Unlisted Private Assets Fund in Australia, with a goal of raising $500 million. The fund is targeting credit, equity, secondary and opportunistic investment types. The company said Australia is a typical ...

Chief economist update: Are capital markets the next Sino-US battleground?

BENJAMIN ONG  |  MONDAY, 30 SEP 2019
... access to US capital markets will not be simple, and could be challenged" but what's stopping Trump from invoking the interest of "national security" as he did with the lifting of tariffs. The bottomline, a de-escalation of the trade war between ...

Former IOOF company loses court battle in timber scheme

KANIKA SOOD  |  FRIDAY, 27 SEP 2019
... general counsel Gary Riordan. APRA was seeking significant changes to the identification and management of conflicts of interest by IIML, AET and IOOF. According to APRA, the action is based on concerns it raised in 2015 relating to IOOF and its entities' ...

MySuper not the only problem: AIST

HARRISON WORLEY  |  THURSDAY, 26 SEP 2019
The Australian Institute of Superannuation Trustees has hit back at newly launched consumer group Super Consumers Australia after it unleashed an attack on MySuper products yesterday. AIST chief executive Eva Scheerlinck moved to play down the significance ...

Chief economist update: Morrison, Frydenberg cannot have their surplus and eat it too

BENJAMIN ONG  |  THURSDAY, 26 SEP 2019
... general economic uncertainty wouldn't be sufficient to prod businesses and consumers to invest and spend, even if interest rates were cut down to zero or even if you pay them (negative interest rates) to borrow. RBA governor Philip Lowe acknowledged ...

Super Consumers Australia launches, slams MySuper products

KRISTI CHENG  |  WEDNESDAY, 25 SEP 2019
New consumer group Super Consumers Australia has marked its launch with a swipe at MySuper products and the superannuation lobby. The consumer group said its research shows the superannuation system "put over 170,000 people into a poor performing super ...

Results of ASIC MDA review imminent

ELIZABETH MCARTHUR  |  WEDNESDAY, 25 SEP 2019
The Institute of Managed Accounts Professionals (IMAP) has released its submission to ASIC as the regulator reviews managed accounts, with a special focus on managed discretionary accounts (MDAs). This comes ahead of the results of ASIC's review of ...