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Showing 4561 - 4570 of 14213 results for "Interest"

AMP Life sale blocked

JAMIE WILLIAMSON  |  MONDAY, 15 JUL 2019
AMP has confirmed the sale of its life insurance business to Resolution Life is highly unlikely to go ahead. The institution said the sale of AMP Life is highly unlikely to proceed on the current terms do to challenges in meeting the condition precedent ...

J.P. Morgan loses custody contract

KANIKA SOOD  |  FRIDAY, 12 JUL 2019
... the tender process. Funds SA chief executive officer Jo Townsend today said: "We were very pleased with the level of interest and quality of submissions from the tender respondents. We look forward to partnering with Northern Trust during the next phase ...

Managed investment scheme operator AFSL canned

ELIZABETH MCARTHUR  |  FRIDAY, 12 JUL 2019
... licence cancellation: "A key priority for ASIC is ensuring that responsible entities take their duty to act in the best interest of investors seriously. This duty of loyalty has been described as the 'most fundamental' rule of trust law." She explained ...

APRA sticks to rigid member outcomes deadline

KARREN VERGARA  |  FRIDAY, 12 JUL 2019
... cohort construction, benchmarking, data sources and alignment with the business planning process will be of particular interest. Trustees must also prepare outcomes assessments for every MySuper and choice products, including the timing and publication ...

Advisers struggle with untapped SMSF market

KARREN VERGARA  |  FRIDAY, 12 JUL 2019
The demand for self-managed superannuation fund advice has stagnated over the last decade, while overall satisfaction with financial planners has declined to a seven-year low. This is according to Vanguard and Investment Trends' March 2019 SMSF Report ...

Chief economist update: Don't buy a Big Mac in America

BENJAMIN ONG  |  FRIDAY, 12 JUL 2019
... countries it deems subsidising its export of goods and services through an undervalued exchange rate. As a matter of local interest, the 'Big Mac index' indicates that the Australian dollar is 25.8% undervalued against the US dollar.

Coolabah buys retail fund manager stake

KANIKA SOOD  |  THURSDAY, 11 JUL 2019
... joint venture before the July 12 completion. YBR's network will continue to offer existing and future cash and fixed interest products from Coolabah and SMI. "We were very pleased to have been a 50% founding shareholder of the SMI business along with ...

Asset manager reshuffles board

HARRISON WORLEY  |  THURSDAY, 11 JUL 2019
... course, highly motivated to both recover and create value for all of our members going forward. "Of particular focus is my interest in advancing Keybridge's reputation as a clever asset manager and shareholder friendly activist investor. As always ...

Super funds hard to engage with: Research

ELIZABETH MCARTHUR  |  THURSDAY, 11 JUL 2019
... of retirees ranked responsible investing as very important to them, compared to 28% of millennials. "There is strong interest in ESG-centric investments within super among Australians young and old. While the current product range is playing catch up ...

Chief economist update: A case for optimism

BENJAMIN ONG  |  THURSDAY, 11 JUL 2019
With a buoyant stock market, tax cuts, lower interest rates and a recovering housing market, one would think all Australians should have every reason to dance on the streets. Australians, all, should be dancing on the streets to Jimmy Cliff's classic ...