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Showing 4631 - 4640 of 14213 results for "Interest"

Intrust launches micro-saving app

KARREN VERGARA  |  TUESDAY, 11 JUN 2019
Intrust Super is helping members save for a house and more for retirement by launching micro-contribution tool SuperCents. SuperCents connects members' everyday banking accounts to their super to help top-up contributions. The technology behind the ...

Chief economist update: BOE going the wrong way?

BENJAMIN ONG  |  TUESDAY, 11 JUN 2019
... billion, larger than the size of South Africa's economy." But more than that, expectations that the Fed would cut interest rates by at least once this year have been mounting because the global slowdown is beginning to hit closer to home, with the ...

Frat house ponzi scheme charged

KANIKA SOOD  |  FRIDAY, 7 JUN 2019
... restraining order, preliminary and permanent injunctive relief, return of allegedly ill-gotten gains with prejudgment interest, and civil penalties. SEC Atlanta Office regional director Richard R. Best said: "We allege that Mr Arbab used his college ...

Final farewell for industry association

JAMIE WILLIAMSON  |  FRIDAY, 7 JUN 2019
After more than 96 years as a recognised industry association, members of the Superannuated Commonwealth Officers of Australia have come together for the last time. About 100 of the industry body's remaining members attended its final meeting - a special ...

Wills and BDBN raise adviser interest

KARREN VERGARA  |  FRIDAY, 7 JUN 2019
The complexities of binding death benefit nominations and wills piqued the interest of many at the quarterly Challenger and Financial Standard Technical Services Forum. Australian Unity head of technical services Yvonne Chu raised the question of what ...

Passing Protecting Your Super costs should be fair: APRA

KARREN VERGARA  |  FRIDAY, 7 JUN 2019
APRA expects superannuation funds to do the right thing by members when recovering the costs associated with implementing the Protecting Your Super reforms. The prudential regulator recently updated its Frequently Asked Questions page, urging trustees ...

SEC adopts retail investor protection package

KARREN VERGARA  |  THURSDAY, 6 JUN 2019
... retail investors from financial advisers who put their self-interests first. Under the new rules called Regulation Best Interest and Form CRS Relationship Summary, retail investors will be able to make better informed decisions about financial products ...

Navigating the new Pensioners Loan Scheme

KANIKA SOOD  |  THURSDAY, 6 JUN 2019
... family home when it is sold. Under the government's Pensioners Loan Scheme retirees are charged a compounding variable interest rate of 5.25% per annum," he said. "When the family home is sold, the amount owed will be deducted from the sale price ...

Super calculators to align with MoneySmart

HARRISON WORLEY  |  THURSDAY, 6 JUN 2019
... same inflation rate used by ASIC's own MoneySmart calculators. The requirement will see providers use either the default interest rate - as set by MoneySmart - or an alternative interest rate from December 5, as long as they meet the regulator's disclosure ...

Chief economist update: The Budget surplus can wait

BENJAMIN ONG  |  THURSDAY, 6 JUN 2019
... the year to the December 2018 quarter. This gave credence to the Reserve Bank of Australia's (RBA) decision to cut interest rates to a record low of 1.25% just a day before the Australian National Accounts were released. While the RBA's rate ...