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Showing 4431 - 4440 of 14213 results for "Interest"

Calls for better drawdown rules

ELIZA BAVIN  |  WEDNESDAY, 25 SEP 2019
... about regulatory constraints on providing advice and limited information available about retiree members. "Living off the interest income from term deposits or the dividend income emanating from a share portfolio sounds attractive but for most retirees ...

Chief economist update: RBA cuts official cash rate to 0.75%

BENJAMIN ONG  |  WEDNESDAY, 25 SEP 2019
... meeting next week, we will again take stock of the evidence. It is nevertheless likely that an extended period of low interest rates will be required in Australia to make progress in reducing unemployment and achieving more assured progress towards the ...

Chief economist update: Time for a Keynes comeback

BENJAMIN ONG  |  TUESDAY, 24 SEP 2019
... back on the ground Won't you please, please help me." -- The Beatles Most major world central banks have already cut interest rates (more than once) and/or restarted QE, or promised to maintain ultra-loose monetary policy with a view to implementing ...

Industry funds confirm merger

HARRISON WORLEY  |  MONDAY, 23 SEP 2019
Two industry superannuation funds worth more than $45 billion combined have confirmed they will merge later this year. Hostplus and Club Super are set to merge in just over a month, after the two industry super funds signed a Successor Fund Transfer ...

FASEA ethics pose risk to managed accounts

ELIZABETH MCARTHUR  |  MONDAY, 23 SEP 2019
... made a submission to the Financial Adviser Standards and Ethics Authority, questioning its consideration of conflicts of interest in the Code of Ethics. IMAP said Standard 3 in the FASEA Code of Ethics - "You must not advise, refer or act in any other ...

Chief economist update: The BOJ needs to run faster to stay in the running

BENJAMIN ONG  |  MONDAY, 23 SEP 2019
... maintaining that target in a stable manner". This, in spite of recent developments: The US Federal Reserve has just cut interest rates a second time just at its 17-18 September FOMC meeting just hours before and the European Central Bank (ECB) - when ...

Research budgets shrink at UK asset managers

KANIKA SOOD  |  FRIDAY, 20 SEP 2019
Asset managers in the United Kingdom have shrunk their research budgets by up to 30% but are delivering millions in benefits to investors, according to the UK financial authority's review of MiFID II. The Financial Conduct Authority yesterday published ...

Senate secures members' interest changes

HARRISON WORLEY  |  FRIDAY, 20 SEP 2019
Insurance in superannuation is now opt-in only for new members under the age of 25 and those with low account balances, after the government's Putting Members' Interests First super reforms passed through the Senate yesterday. The Senate passed ...

Brett Himbury's next innings

KANIKA SOOD  |  FRIDAY, 20 SEP 2019
... transition. The IFM board, which is chaired by Greg Combet, will conduct the search globally. "I expect there will be a lot of interest in the role because the business has a very strong reputation. It will probably take a long-time and then depending ...

Federal Court delivers APRA, IOOF verdict

JAMIE WILLIAMSON  |  FRIDAY, 20 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' ...