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Showing 4551 - 4560 of 14213 results for "Interest"

Portfolio manager caught out faking returns

KANIKA SOOD  |  FRIDAY, 19 JUL 2019
... different discount curves to arrive at the net present value of long and short positions in certain swaps and options on interest rate swaps ("swaptions") that otherwise had similar characteristics and thus should have had offsetting values," the SEC ...

Corporate fund updates members on fee changes

KARREN VERGARA  |  FRIDAY, 19 JUL 2019
... estimated investment fees for the following investment options have decreased: Australian shares from 0.47% to 0.41%; fixed interest from 0.28% to 0.27%; while international shares remains unchanged at 0.47%. As for transaction costs, Australian shares ...

Advice associations weigh in on member interests bill

HARRISON WORLEY  |  FRIDAY, 19 JUL 2019
The peak bodies representing financial advisers have taken similar positions on the Government's latest round of superannuation reforms. In submissions to the Senate Economics Legislation Committee on the Putting Members' Interests First Bill ...

Industry bodies react to APRA review

KARREN VERGARA  |  THURSDAY, 18 JUL 2019
Several industry associations have responded to APRA's Capability Review as many weighed in on how the recommendations can improve the superannuation sector. The Australian Institute of Superannuation Trustees head of advocacy Ailsa Goodwin said ...

Reform implementation timeframe too short: AustralianSuper

HARRISON WORLEY  |  WEDNESDAY, 17 JUL 2019
The Government's move to require superannuation trustees to stop providing opt-out insurance to new members under-25 or with low balance accounts by October 1 has riled Australia's largest fund. Airing the fund's position on the Government's ...

Super funds keen on alternatives managers

KANIKA SOOD  |  WEDNESDAY, 17 JUL 2019
... Aussie equities, GQG Partners and State Street Global Advisors (SSGA) in international equities and BlackRock in fixed interest and MSIM and GPT in property. In dollar figures, IFM Investors remained the top winner, winning appointments to $3.7 billion ...

HUB24 launches white label SMA

KARREN VERGARA  |  TUESDAY, 16 JUL 2019
... year. HUB24 recently slammed a media report that claimed its cash account holders will be worse off following the recent interest rate cuts.

APRA clarifies super fund acquisition process

KARREN VERGARA  |  TUESDAY, 16 JUL 2019
APRA has released further guidance for parties interested in acquiring a stake in superannuation funds. Parties seeking to acquire a 15% holding or more in an RSE must undertake the new application process. The process, APRA said, is consultative and ...

Super fund invests through RateSetter

ELIZABETH MCARTHUR  |  TUESDAY, 16 JUL 2019
... peer-to-peer lender that allows people to apply for loans or alternatively front up the money for loans and receive a fixed interest rate over a number of years for their investment - functioning similarly to a term deposit. RateSetter's National Clean ...

Government reduces deeming rates

KARREN VERGARA  |  MONDAY, 15 JUL 2019
... of combined assets has the deemed rate of 1.75% (anything thereafter is deemed to earn 3.25%). The deeming rate, the interest rate which the DHS uses to determine the amount pensioners will receive, is applied to financial investments. These assets are ...