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Showing 4961 - 4970 of 14213 results for "Interest"

ASIC sharpens focus on managed accounts

KARREN VERGARA  |  TUESDAY, 18 DEC 2018
... and platforms to identify issues affecting consumer outcomes. This includes looking at transparency and conflicts of interest. The increased focus on managed accounts is off the back of ASIC noticing significant growth in the sector and the expectation ...

ASIC cans advice business AFSL

JAMIE WILLIAMSON  |  TUESDAY, 18 DEC 2018
A boutique financial advice business has had its AFSL cancelled for failing to adequately manage conflicts of interest after clients were advised to invest their superannuation in the practice. ASIC has cancelled the AFSL of Evermore Money Management ...

MYEFO sees bond issuance drop

ALEX DUNNIN  |  TUESDAY, 18 DEC 2018
... AOFM added. Australia's reducing public sector bond issuance requirement coincides with a 10% rise in Australian fixed interest funds under management (FUM) in the 12-month period ending 30 September 2018. Australian fixed interest FUM stood at $286 ...

Chief economist update: The clown in the White House

BENJAMIN ONG  |  TUESDAY, 18 DEC 2018
... the outside world blowing up around us, Paris is burning and China way down, the Fed is even considering yet another interest rate hike. Take the Victory!" Nah, the Fed's not even considering it, it's a done deal! Based on the latest CME FedWatch ...

Bonds reward equity investors seeking refuge

KARREN VERGARA  |  MONDAY, 17 DEC 2018
... UniSuper's balanced option recorded a 1.7% return for the year to 30 November 2018. Within that, Australian fixed interest outshone the other options, posting 2.5% p.a. return, while Australian shares' performance was -1% p.a. Even the cash allocation ...

Markets could delay retirement plans

KANIKA SOOD  |  MONDAY, 17 DEC 2018
... the next 12 months may have to delay their plans as lackluster share market returns, falling property prices and low interest rates obstruct their wealth. Recent research by Roy Morgan found Aussies would retire with an average gross wealth (total assets ...

Former Liberal Party leader joins Islamic super fund

JAMIE WILLIAMSON  |  FRIDAY, 14 DEC 2018
... approach to investments in industries such as weapons manufacturing, alcohol production and sales, gambling, pornography and interest-earning financial institutions, such as banks," Yassine explained. "We offer an attractive alternative based on socially ...

Chief economist update: ECB bids farewell to QE

BENJAMIN ONG  |  FRIDAY, 14 DEC 2018
The European Central Bank (ECB) delivered on its promise. While it kept interest rates unchanged - repo rate at 0%; deposit facility rate at -0.4%; marginal lending facility rate at 0.25% - at its December 13 Governing Council meeting, it also confirmed ...

Responsible investing rises on advice agenda

DARREN SNYDER  |  THURSDAY, 13 DEC 2018
... short-term investment performance," Peker said. "While still early days, planners are also responding to rising consumer interest in investments that incorporate ethical, environmental, social and governance factors. In fact, responsible investing is ...

Centrepoint pulls out of NEOS Life

JAMIE WILLIAMSON  |  THURSDAY, 13 DEC 2018
... further $1.75 million. The convertible note and option deed has now been replaced with a loan agreement, with principal and interest repayments to be made by NEOS Life in six monthly tranches between June 2019 and June 2021. The shares held by Centrepoint ...