Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 4931 - 4940 of 14213 results for "Interest"

Curtain call for industry body after 96 years

JAMIE WILLIAMSON  |  MONDAY, 14 JAN 2019
... annual expenditure. Membership fees accounted for 94.6% of this while the balance was made up by member donations and interest. Having operated for as long as it has, Illidge said the group has ample cash reserves which will now be used to cover liquidation ...

LGIAsuper deputy chief executive departs

JAMIE WILLIAMSON  |  MONDAY, 14 JAN 2019
The $12 billion industry superannuation fund has confirmed the departure of its deputy chief executive. LGIAsuper confirmed Ian Harcla retired in December 2018. Harcla, who doubled as chief risk officer, joined the fund in 2006 as scheme secretary. ...

International equities rule Aussie ETFs: Vanguard

HARRISON WORLEY  |  MONDAY, 14 JAN 2019
... $2.67 billion in flows last year, the firm now manages $12.07 billion of ETF money in Australia. According to Vanguard, interest in ETFs is spread across investors. However the firm said flows into its ETFs were in some part driven by an increasing interest ...

Chief economist update: Safe as burning houses

BENJAMIN ONG  |  MONDAY, 14 JAN 2019
... my cue from the Sydney Morning Herald's article titled "'It's our version of the GFC: warning on looming interest-only crisis" published in July last year. As per the article: "The Reserve Bank has previously warned A$500 billion in interest-only ...

Finalists unveiled for FS Investment Leadership Awards

KANIKA SOOD  |  FRIDAY, 11 JAN 2019
... FIXED INCOME - AGGREGATE BONDS iShares Global Bond Index Fund Perpetual Diversified Income Fund PIMCO Diversified Fixed Interest Fund PIMCO Global Bond Fund Vanguard International Fixed Interest Index Yarra Income Plus Fund FIXED INCOME - HIGH YIELD ...

VanEck drops fees on ETF

KANIKA SOOD  |  FRIDAY, 11 JAN 2019
Australia's first China A-shares ETF has knocked 12bps off its annual management fees, after a decision taken by the board in the United States. The VanEck Vectors ChinaAMC CSI 300 ETF (ASX: CETF) will now charge 0.60% instead of the 0.72%. The ...

Fed's pause becomes the ECB's problem

BENJAMIN ONG  |  FRIDAY, 11 JAN 2019
... challenges just as the Fed. In the minutes of its 12-13 December 2018 Governing Council meeting, the ECB confirmed that, interest rates would remain at present levels "for as long as necessary to ensure the continued sustained convergence of inflation ...

Government needs to rethink CIPRs

KANIKA SOOD  |  THURSDAY, 10 JAN 2019
The government should abandon the Retirement Income Covenant proposed last year, if it can't sufficiently remediate its flaws by the deadline, the Productivity Commission says in the final report. Treasury has already extended the deadline on Comprehensive ...

AFSL super options under the lens

KANIKA SOOD  |  THURSDAY, 10 JAN 2019
The final report recommends ASIC should have greater oversight of the superannuation products sitting on the approved product lists of AFSLs. The Productivity Commission calls for all Australian Financial Services Licensees (AFSL) to "immediately" be ...

Game over for grandfathered commissions

JAMIE WILLIAMSON  |  THURSDAY, 10 JAN 2019
As far as the Productivity Commission is concerned, grandfathered commissions are dead in the water. In its final report the commission states that the time for transition is over; "the commission supports a full ban of all commissions on superannuation ...