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Showing 4851 - 4860 of 14213 results for "Interest"

Accountant banned for bad SMSF advice

HARRISON WORLEY  |  TUESDAY, 19 FEB 2019
A Gold Coast accountant has been banned from providing financial services for three years, after agreeing to a court enforceable undertaking with ASIC. Jenan Oslem Thorne - who also goes by the names Cenan Thorne or Cenan Dikmen - was found by the corporate ...

AUM growth subdued to 2025: Bloomberg

KARREN VERGARA  |  TUESDAY, 19 FEB 2019
... strategies are in place to maximise return and/or minimise risk. Traditional fund managers said they expect to move from interest-rate sensitive asset classes or types, such as sovereign and corporate bonds to equities and infrastructure. Bloomberg said ...

IOOF braces for new super package, grandfathered commissions changes

KARREN VERGARA  |  TUESDAY, 19 FEB 2019
... said both parties have agreed to accelerate the economic completion of the transaction, with IOOF receiving 82% economic interest or $28.9 million. However, ANZ announced in mid-January it is sorting through a number of matters in light of APRA taking ...

Pay super fortnightly: ISA

HARRISON WORLEY  |  TUESDAY, 19 FEB 2019
The industry superannuation peak body believes retirement savers are losing millions in interest due to quarterly super contributions. Industry Super Australia is calling for changes to the laws governing superannuation contributions in Australia, arguing ...

CAER sold to global service provider

HARRISON WORLEY  |  TUESDAY, 19 FEB 2019
... acquisition underscores ISS' commitment to the Australian, New Zealand, and wider Asia-Pacific market where we see growing interest in monitoring portfolio companies for a wide range of ESG risks and opportunities," Kramer said. The head of ISS in ...

Zurich awards $100m passive mandate

KANIKA SOOD  |  MONDAY, 18 FEB 2019
... flagship fund (managed growth fund) is: 32% to Aussie equities, 26% to international equities, 24% to diversified fixed interest, 9% to alternatives, 5% to REITs and 4% to cash. DWS manages more than $177 billion in passively managed portfolios for clients. ...

Chief economist update: Where sentiment goes, there too is spending

BENJAMIN ONG  |  MONDAY, 18 FEB 2019
... government shutdown as well as a more fundamental shift in consumer expectations due to the Fed's pause in raising interest rates." The CME FedWatch Tool supports these expectations. According to the CME Group's website, the probability of the ...

Industry funds wary of stapling default members

KANIKA SOOD  |  FRIDAY, 15 FEB 2019
Kenneth Hayne's recommendation that every Australian have only one default superannuation account over their lifetime doesn't get a complete green tick from industry funds. Visiting Sydney yesterday, Industry Super Australia chief executive Bernie Dean ...

Magellan eyes retirement income products

KARREN VERGARA  |  FRIDAY, 15 FEB 2019
... demand from advisers for Magellan's global listed infrastructure strategy - which is also available as an active ETF - and interest is expected to grow over time. Of Magellan's total FUM of $70.8 billion, 27% comes from the retail arm. Magellan acquired ...

Government carves out super deal

HARRISON WORLEY  |  FRIDAY, 15 FEB 2019
The Government's signature superannuation legislation passed through the Senate, but not without victims. Last night the Treasury Laws Amendment (Protecting Your Superannuation Package) Bill 2018 passed the Senate after a deal was struck with the Greens ...