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Showing 5071 - 5080 of 14213 results for "Interest"

Under the hood of low-fee funds

KANIKA SOOD  |  MONDAY, 22 OCT 2018
... their higher cost counterparts averaged a 6.8% allocation. Zenith Head of Multi Asset Andrew Yap said: "While investor interest in low cost funds is likely to remain elevated in a low rate environment, we caution against selecting products based solely ...

Afterpay faces senate inquiry

KARREN VERGARA  |  FRIDAY, 19 OCT 2018
... on a 'buy now, receive now, pay later' basis, without the need to enter into a loan or pay any upfront fees or interest to Afterpay. Customers have a maximum 56 days to repay Afterpay. Afterpay defended its business model in a statement, stating ...

NAB still unclear on true impact of misconduct

KANIKA SOOD  |  FRIDAY, 19 OCT 2018
... compensation and the remediation that is going to be made to these customers, are you looking at purely the dollars plus interest, or are you looking at the broader impact that the conduct of the bank has had at the very least on the financial footing ...

What 1% in fees could do to investments

KANIKA SOOD  |  FRIDAY, 19 OCT 2018
... make the biggest difference to investors' quality of life in later years. "People don't realise the magic of compound interest," Hodge said. "It works for you but it can also work against you [compounding of fees]," he said. "What we found is that many ...

ASIC moves on Dollarmites

HARRISON WORLEY  |  FRIDAY, 19 OCT 2018
ASIC is set to review banking and financial literacy programs in Australian primary schools, including Commonwealth Bank's recently criticised Dollarmites program. ASIC said school banking programs are supposed to educate young Australians about the ...

BTFG expands tobacco divestment

HARRISON WORLEY  |  THURSDAY, 18 OCT 2018
BT Financial Group is expanding its divestment from tobacco and controversial weapons. The firm is extending its ESG exclusion framework to investment mandates for internally managed investments, saying customers demand sustainable investing that aligns ...

New Pinnacle affiliate to manage Blue Sky LIC

KANIKA SOOD  |  THURSDAY, 18 OCT 2018
... Andrew Champion. The LIC's portfolio analyst Adam Sharplin is also joining Alterum - both will hold a minority equity interest in the Pinnacle affiliate. Pinnacle Investments managing director Ian Macoun said: "Establishing Alterum is an exciting ...

Chief economist update: Bull markets don't die of old age

BENJAMIN ONG  |  THURSDAY, 18 OCT 2018
... tempering economic growth and therefore sales and profits, higher bond yields reduce equity market valuation. Higher US interest rates, as we're seeing now, also raises the value of the US dollar, putting pressure on emerging markets particularly ...

Young advisers key to business sustainability

JAMIE WILLIAMSON  |  WEDNESDAY, 17 OCT 2018
The highest performing financial services firms are those that are more likely to hire younger advisers, according to new research. Macquarie's second bi-annual AFS Benchmarking Report shows that more than 55% of high performing firms are hiring younger ...

Firetrail calls off $305m IPO

KANIKA SOOD  |  WEDNESDAY, 17 OCT 2018
... there was a risk of illiquidity and the LIC trading at a discount to the NTA, which wouldn't have been in the best interest of our clients," founder Patrick Hodgens told Financial Standard. The strategy weathered the share market's tumble of ...