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Showing 4611 - 4620 of 14213 results for "Interest"

Industry funds could solve energy crisis: ISA

HARRISON WORLEY  |  TUESDAY, 25 JUN 2019
Industry superannuation funds believe they hold the key to unlocking Australia's energy crisis. Peak industry superannuation body Industry Super Australia today released a new discussion paper calling for industry funds to take a leading hand in ...

Super fund amends constitution

HARRISON WORLEY  |  MONDAY, 24 JUN 2019
An $11 billion superannuation fund amended its constitution to increase the influence of independent voices on its board following an APRA probe. Late last week Local Government Super revealed it had been in "ongoing engagement" with the prudential ...

Associations raise member outcomes concern

KARREN VERGARA  |  FRIDAY, 21 JUN 2019
Superannuation industry associations are voicing their concerns over the proposed member outcomes framework, worried there is a disconnect between the law and APRA's expectations. APRA is busy working through submissions for Prudential Standard ...

Commonwealth Bank mulls retail advice business sale

KANIKA SOOD  |  FRIDAY, 21 JUN 2019
... billion in funds under advice. However, CBA did not confirm. CommSec generated $224 million of $5.9 billion in total net interest income and banking income in the half-year ending December 2018. Of this, CommSec Advisory is a very small part. It provides ...

Chief economist update: BOE lets peers do the heavy lifting

BENJAMIN ONG  |  FRIDAY, 21 JUN 2019
... June meeting just like the Fed and the Bank of Japan, it offered an opposing forward guidance to the future path of UK interest rates. The British central bank admitted in its June statement that: "Trade concerns have contributed to volatility in global ...

Zurich Investments to swap small caps managers

KANIKA SOOD  |  THURSDAY, 20 JUN 2019
Zurich Investments is looking for a replacement for its small caps strategy as the current manager gets ready to shut shop. The Zurich Investments Small Companies Funds has about $66 million in funds under management. It is currently managed by Sigma ...

Chief economist update: Fed plans for Trump contingency

BENJAMIN ONG  |  THURSDAY, 20 JUN 2019
... economics, a Taylor rule is a monetary-policy rule that stipulates how much the central bank should change the nominal interest rate in response to changes in inflation, output, or other economic conditions." Based on the Taylor Rule and using the Fed's ...

YouTube fundie woes continue

ELIZABETH MCARTHUR  |  WEDNESDAY, 19 JUN 2019
The UK's Financial Conduct Authority (FCA) has opened an investigation into the events surrounding the suspension of the Woodford Equity Income Fund, with Link Group now caught in the scandal. Earlier this month, star UK fund manager Neil Woodford took ...

Chief economist update: Cash is King

BENJAMIN ONG  |  WEDNESDAY, 19 JUN 2019
... reduction in the fed funds rate from 2.25%-2.5% to 2%-2.25%. The CME FedWatch Tool puts the probability the Fed will keep interest rates unchanged at current levels after its June meeting at 77.5%. This intuitively makes sense. The US central bank couldn't ...

Two LICs set to merge

KARREN VERGARA  |  WEDNESDAY, 19 JUN 2019
... an opportunity for CBG shareholders to receive the benefits of an increase in scale with potentially greater investor interest and higher liquidity levels."