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Showing 4591 - 4600 of 14213 results for "Interest"

Clime ramps up private wealth

KANIKA SOOD  |  TUESDAY, 2 JUL 2019
Clime Investment Management is looking to hire more financial advisers, expand its investment offering and potentially acquire advice books as it builds out its private wealth business. The 23-year-old firm managed $887 million at March end. It has ...

Modern slavery rife across sectors: Fund manager

KARREN VERGARA  |  MONDAY, 1 JUL 2019
... deteriorating. In the aftermath of the financial services Royal Commission, Carlsson-Sweeny said clients have shown greater interest in the 'governance' side of ESG. They are frequently asking more questions about executive remuneration and company culture ...

Industry funds consider $22bn merger

JAMIE WILLIAMSON  |  FRIDAY, 28 JUN 2019
Two industry superannuation funds are considering merging to create a $22 billion superannuation fund. MTAA Super and Tasplan have entered into a binding Memorandum of Understanding to investigate a possible merger that would see the creation of a $22 ...

Sovereign wealth fund revokes exclusions

JAMIE WILLIAMSON  |  FRIDAY, 28 JUN 2019
... ground and water contamination." Norges Bank said Rio Tinto has now made it clear to the fund that it is selling off its interest in the mine, having entered an agreement to do so. Grupo Carso was excluded in 2011 due to tobacco production which it is ...

Industry fund secures stake in asset manager

JAMIE WILLIAMSON  |  FRIDAY, 28 JUN 2019
... Christian Super as a shareholder. "This is an important mark of recognition for responsAbility, as we have attracted the interest of a committed impact investor far beyond our original home market," he said. "We look forward to working with Christian ...

Sunsuper slashes fees

KARREN VERGARA  |  FRIDAY, 28 JUN 2019
The $67 billion superannuation fund is reducing some of its fees as part of the Protecting Your Super changes. From July 1, Sunsuper is slashing weekly fees for pension members from $3.00 to $1.50. It will also reduce investment fees for its default ...

Advice affordability a growing concern

HARRISON WORLEY  |  FRIDAY, 28 JUN 2019
... with the mobile access and client engagement tools of their planning software. "This desire is also reflected in their interest in widening their online client portal capabilities. Almost all planners (94%) believe their clients can benefit from access ...

Bristol Street adviser banned

ELIZABETH MCARTHUR  |  FRIDAY, 28 JUN 2019
A financial adviser has been hit with an ASIC ban of five years after taking a one-size-fits-all approach to financial advice. Frazer Jon Muscat from Beenleigh in Queensland was banned after ASIC surveillance revealed that he failed to take into account ...

Chief economist update: RBA justified to cut rates or not

BENJAMIN ONG  |  FRIDAY, 28 JUN 2019
There's no question about it, for sure and for certain the Reserve Bank of Australia (RBA) will cut interest rates again. RBA governor Philip Lowe told us so when he addressed the Committee for Economic Development of Australia (CEDA) event in Adelaide ...

Statewide Super cans merger plans

JAMIE WILLIAMSON  |  FRIDAY, 28 JUN 2019
... have a member-first culture and we are open to merger propositions as long as it is proven to be in member's best-interest," he said. "Statewide Super has a positive position in the marketplace and this means the breadth and scale of a merger would ...