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Showing 5101 - 5110 of 14213 results for "Interest"

Chief economist update: That other Fed policy towards normalcy

BENJAMIN ONG  |  THURSDAY, 4 OCT 2018
... fed funds rate. At the conclusion of its September FOMC meeting, the Fed's dot plots indicated another three more interest rate hikes in 2019, on top of another one in December this year. But the jump in bond yields does not make sense. This is because ...

The joys of an independent board

KANIKA SOOD  |  WEDNESDAY, 3 OCT 2018
What value does an independent board of directors add to an investment company? That's a question that directors of top UK investment companies met to answer yesterday. At a conference organised by 86-year old Association of Investment Companies (AIC) ...

BTFG to boost managed account capability

JAMIE WILLIAMSON  |  WEDNESDAY, 3 OCT 2018
Interest in managed account solutions is booming with BT Financial Group making significant gains in the space, and preparing to capitalise with the launch of 30 new products. In the 12 months to June, BTFG recorded 250% growth in funds under administration ...

Royal Commission interim report flawed

JAMIE WILLIAMSON  |  WEDNESDAY, 3 OCT 2018
Commissioner Kenneth Hayne's interim report lacks understanding of financial advice and appears to have ignored submissions on the issues raised throughout the Royal Commission. That is the view of the Association of Financial Advisers which, in ...

Legal woes continue for super fund

JAMIE WILLIAMSON  |  WEDNESDAY, 3 OCT 2018
... funds and sovereign wealth funds across the world must act with care, skill and diligence. They also must act in the best interest of beneficiaries." "This is an important test case on how asset owners should deal with climate change risks." At the time ...

Chief economist update: Keep one eye open on the housing market

BENJAMIN ONG  |  WEDNESDAY, 3 OCT 2018
... this happen - and because of housing's large multiplier effect on the general economy - the RBA might need to take interest rates the opposite way of its (and consensus) expectation that the next move would be up (whenever that may be).

IOOF completes ANZ dealer group acquisitions

HARRISON WORLEY  |  TUESDAY, 2 OCT 2018
... added ANZ would pay it a coupon rate of 14.4%, which the firm confirmed is broadly equivalent to 82% of the economic interest in the ANZ P&I business from today until the debt note is redeemed - which is expected to be completion of acquiring of the ...

Insurance shake-up puts clients first

KARREN VERGARA  |  TUESDAY, 2 OCT 2018
... pleasing to see, she says, is the industry knows it needs to increase its standards and is prepared to collaborate in the interest of consumers by working on the next iteration of the code. This is an abstract of a story first published in the latest ...

Financial advice as charitable giving

JAMIE WILLIAMSON  |  MONDAY, 1 OCT 2018
... Planning, Ward is able to dedicate 10 hours a week to Leda, advising an average of three clients a week. So far, the bulk of interest in Leda has come from retirees struggling with Centrelink and their retirement savings. The firm also focuses on assisting ...

Zurich helps advisers quantify cost of care

KARREN VERGARA  |  MONDAY, 1 OCT 2018
... will suffer a heart attack every 10 minutes. This piece of research will help advisers move clients from having minimal interest in insurance to being engaged and committed to it, Visser said. Currently, financial literacy around insurance is low and ...