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Showing 441 - 450 of 2274 results for "Premium"

Advised clients' major concerns in 2022

KARREN VERGARA  |  FRIDAY, 28 JAN 2022
From skyrocketing property prices to a foreboding stock market crash, financial advisers reveal their clients' main worries in 2022. Wild swings across the local and international share markets is a concern for many clients, particularly as indices ...

Pallas Capital markets new fund

JAMIE WILLIAMSON  |  TUESDAY, 25 JAN 2022
... investors a 5.5% per annum yield payable monthly in arrears. The fund only invests in registered first mortgages over premium real estate assets in Australia's three major capital cities, with each loan having a maximum loan-to-value ratio of 65%. The ...

Federal Court imposes $4m penalty on industry fund

CHLOE WALKER  |  TUESDAY, 18 JAN 2022
The Federal Court has imposed combined penalties of $4 million on Statewide Super for providing members with misleading information regarding their insurance and failing to report the issue to ASIC in the time required. Between 2017 and 2020, Statewide ...

Investors dig deeper for alternative assets

KARREN VERGARA  |  TUESDAY, 18 JAN 2022
... investors to enjoy the potential yield and growth upside," Nelson said. Preqin estimates that alternatives offer a yield premium of 100 basis points or more over traditional sectors. Globally, assets under management for alternatives is tipped to almost ...

WAM ups PAF takeover bid

KARREN VERGARA  |  WEDNESDAY, 12 JAN 2022
... $1.149 per share offer for every PM Capital Asian Opportunities Fund (PAF) share is "compelling" and represents a 3.5% premium to the January 11 closing price. It initially offered to pay $1.147 per PAF share. PM Capital founder Paul Moore and other ...

Media Super apologises for major calculator error

JAMIE WILLIAMSON  |  THURSDAY, 6 JAN 2022
... premiums. Other changes made over the years that were not reflected by the tool include administration fee and insurance premium increases in May 2021, premium increases in December 2020 and fee changes in September 2019. The fund's investment returns ...

Link agrees to $3bn takeover

KARREN VERGARA  |  THURSDAY, 23 DEC 2021
... willing to pay $5.50 for every Link share in exchange for acquiring 100% of the ASX-listed firm. The offer represents a 27% premium to Link's closing price of $4.33 on November 4, which is good enough for management to urge all shareholders to accept ...

New trading platform to enter Australia

ELIZABETH MCARTHUR  |  TUESDAY, 21 DEC 2021
... it will launch in Australia, its third market after the US and Singapore. The company will position itself locally as a premium online trading platform. It has been granted an Australian Financial Services Licence by ASIC. Moomoo offers a free online ...

Hume refreshes super co-contribution laws

KARREN VERGARA  |  TUESDAY, 21 DEC 2021
... insurance-only accounts. Otherwise, government co-contributions to insurance accounts would contribute towards the insurance premium rather than the individual's retirement income and not to their retirement savings, the explanatory memorandum states. ...

Disgraced former fund manager chief declared bankrupt

JAMIE WILLIAMSON  |  TUESDAY, 21 DEC 2021
... liquidation, collapsed in 2008 owing $2.5 billion. The regulator alleged senior executives misappropriated $143.5 million of Premium Income Fund investors' money to repay debts. To do so, ASIC said they falsified and backdated documents. As part of that ...