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Showing 471 - 480 of 2618 results for "Loan"

AMP Capital fund reduces fees, secures major loan

KARREN VERGARA  |  THURSDAY, 15 JUL 2021
... Community Infrastructure Fund (CommIF) is shaking up its management fee structure and has announced that it secured a major loan for one of its key assets. The $1.4 billion fund told shareholders that from August 1, management fees of 85bps will decrease ...

Hejaz expands with three new funds

KARREN VERGARA  |  MONDAY, 12 JUL 2021
... for a 6% p.a. return that provides credit to low-risk commercial development projects and first-mortgage financing with low loan-to-valuation ratio. The fund will be seeded with $60 million from Hejaz's Ethical Income Fund, the flagship wholesale product ...

FSC launches DDO templates

ANNABELLE DICKSON  |  THURSDAY, 8 JUL 2021
The Financial Services Council (FSC) and 60 of its members have worked together to launch two products ahead of the design and distribution obligations (DDO) regime. The FSC and members from life insurance, funds management and superannuation have collaborated ...

Superannuation complaints down 31%: AFCA

KANIKA SOOD  |  MONDAY, 5 JUL 2021
... before we know the full impact of the end of government emergency support and assistance from financial firms such as deferred loan repayments. And, of course, we are still living with COVID-19."

SocietyOne launches portal, hires

ELIZABETH MCARTHUR  |  MONDAY, 5 JUL 2021
... launched a new broker portal and made several key appointments. The new broker portal features a 'quick quote' and secured loan option, which the company said should allow brokers to find a rate for their client in less time and without impacting credit ...

Homebuyer schemes speed up saving time

ANNABELLE DICKSON  |  THURSDAY, 1 JUL 2021
... shows. Commonwealth Bank data shows customers have bought property on an average of 4.78 years faster using the First Home Loan Deposit Scheme (FHLDS) or New Home Guarantee (NHG). CBA customers in NSW saved an average of 5.05 years followed Victoria ...

Adviser slapped with four-year ban

KARREN VERGARA  |  MONDAY, 28 JUN 2021
Another former Meritum Financial Group and InterPrac Financial Planning adviser has copped a ban from the corporate regulator. From 1 April 2021, ASIC banned Hobart-based Hannah Jennings from providing financial services for four years for failing to ...

Cbus invests in NHFIC issues

KANIKA SOOD  |  THURSDAY, 24 JUN 2021
Cbus Super has invested $51 million in two recent funding rounds from the National Housing Finance and Investment Corporation (NHFIC), taking the fund's total allocation to social and affordable housing to about $140 million. Cbus invested $10 million ...

Family offices should supplement super

KARREN VERGARA  |  WEDNESDAY, 23 JUN 2021
... an alternative strategy, such as the establishing of a personal investment company." An investment company can receive a loan from the family, invest the funds, and pay tax on earnings at the company tax rate of 30%. While this is higher than the superannuation ...

Chief economist update: Chinese activity indicators disappoint but growth target intact

BENJAMIN ONG  |  MONDAY, 21 JUN 2021
... People's Bank of China (PBOC) would have sprung into action. But no, it left its benchmark interest rates unchanged - one-year loan prime rate at 3.85% and the five-year at 4.65% -- for the 13th straight month at its May fixing. In addition, this ...