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Showing 4951 - 4960 of 15784 results for "TER"

AMP defends hefty remuneration bill

ELIZABETH MCARTHUR  |  FRIDAY, 8 MAY 2020
During the AMP annual general meeting chair David Murray defended the pay packet chief executive Francesco De Ferrari and the board continue to take home despite the company's woes. The 2019 AMP remuneration report was rejected by shareholders. ...

Former Cbus advice head launches referral program

KANIKA SOOD  |  FRIDAY, 8 MAY 2020
Cbus's former head of advice Greg Harper has launched a national referral program, looking to connect superannuation funds, accounting firms and other service organisations with financial planning groups. fpCentral, offered by Harper's firm ...

ASIC delivers thinly veiled warning

ELIZABETH MCARTHUR  |  FRIDAY, 8 MAY 2020
ASIC has warned consumers about advertising that compares fixed-term investment products to bank term deposits, the issue it is pursuing Mayfair 101 over. ASIC said a surge in marketing of fixed-term investment products in recent months had prompted ...

AMP Capital ups jail stake

HARRISON WORLEY  |  FRIDAY, 8 MAY 2020
AMP Capital has taken a majority stake in a New Zealand corrections centre, boosting the firm's social infrastructure holdings. The Auckland South Corrections Facility (ASCF) is now 70% owned by AMP Capital, after it acquired a further 30% of the facility ...

Chief economist update: Annus horribilis with a vengeance

BENJAMIN ONG  |  FRIDAY, 8 MAY 2020
'Annus Horribilis' made the headlines in 1992 when Queen Elizabeth used this Latin phrase - which translates to 'horrible year' - in her speech at Guildhall to mark the 40th year anniversary accession. Her royal majesty was, of course ...

Link feels impact of COVID-19

JAMIE WILLIAMSON  |  FRIDAY, 8 MAY 2020
The early release of super scheme has seen more than 5% of the accounts Link Group administers close. It comes as the group rolls out optional pay cuts to its leadership team. In a presentation to the Macquarie Australian Investors Conference yesterday ...

Investors back corporate bonds as COVID-19 winner

ALLY SELBY  |  THURSDAY, 7 MAY 2020
As COVID-19 batters the once celebrated yield-providing banks, investors have turned to corporate bonds in their search for income. Amid the spiraling economic environment, investors have become increasingly aware of the difference between "dividends" ...

Cbus ready to deploy cash

KANIKA SOOD  |  THURSDAY, 7 MAY 2020
As COVID-19 pushes down asset prices, Cbus investment chief Kristian Fok is turning his focus to the buying opportunities ahead. The fund's board devalued its unlisted assets between 8-15% in response to COVID-19, and its March quarter returns stood ...

Darwinian time for super

HARRISON WORLEY  |  THURSDAY, 7 MAY 2020
With COVID-19 rapidly shifting the ground beneath them, only the fittest superannuation funds will survive, according to Hostplus' Paul Watson. Appearing as part of a virtual panel discussing mergers in super, Hostplus group executive member experience ...

Advice, but not as you know it

ELIZA BAVIN  |  THURSDAY, 7 MAY 2020
While it is probably too soon to know the full impact the COVID-19 crisis will have on the future of advice, it is fair to say it may not look the same when all's said and done. Speaking to Financial Standard chief executive of JANA, Jim Lamborn, said ...