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Showing 5171 - 5180 of 14214 results for "Interest"

Reverse mortgage lenders shortsighted: ASIC

KARREN VERGARA  |  WEDNESDAY, 29 AUG 2018
... a borrower obtains their loan, how much they borrow, and factoring in economic conditions such as property prices and interest rates, they may not have enough equity remaining in the home for longer-term needs. ASIC deputy chair Peter Kell said the review ...

BT overhauls life cover limits and definitions

JAMIE WILLIAMSON  |  WEDNESDAY, 29 AUG 2018
... Cash Management Account Saver with no transaction or administration fees, also available on Panorama. It attracts an interest rate of 1.5%.

More risk advisers offloading practices

KARREN VERGARA  |  WEDNESDAY, 29 AUG 2018
... of legacy products have been switching off the trail commissions paid to licensees in a bid to put clients' best interest first. One risk insurance register's value dropped by about 13% - or about $100,000 - as a result of legacy product commission ...

Morgan Stanley amends false independence claims

JAMIE WILLIAMSON  |  TUESDAY, 28 AUG 2018
... prohibited if they receive commissions, volume-based payments or any other incentives, or operates with any conflicts of interest. The words 'impartial' and 'unbiased' are also prohibited. The original statement, which was made on 5 June, was later amended ...

Chief economist update: Famous last words

BENJAMIN ONG  |  TUESDAY, 28 AUG 2018
... growing, primarily boosted by Trump's tax cuts and fiscal spend. The US Federal Reserve while on a path towards higher interest rates, is doing it gently, gently. Don't get me wrong, I want (need) the US equity market to soar to the sky and take ...

Retail super funds in hot water: Royal Commission

KARREN VERGARA  |  MONDAY, 27 AUG 2018
Retail superannuation funds at CBA, NAB, AMP and other institutions could face criminal charges after the Royal Commission's team of lawyers highlighted several instances where corporate and superannuation law was breached. The closing submission ...

Aussie instos back world-first blockchain bond

KANIKA SOOD  |  FRIDAY, 24 AUG 2018
... throughout its two-year lifecycle. It is also open to enquiries from market participants regarding its platform. The investor interest comes just two weeks after CBA said it had won a mandate from the World Bank to develop the Kangaroo bond. At the time ...

Blue Sky offloads six funds

KARREN VERGARA  |  FRIDAY, 24 AUG 2018
... today announced it signed a binding agreement with an offshore institutional investor to sell the wholesale funds' interest in the company's six retirement living funds. If the sale goes ahead, investors in the Corinda, Maroochydore, Lutwyche ...

Chief economist update: Little market reaction from BOJ tweak

BENJAMIN ONG  |  FRIDAY, 24 AUG 2018
... expanded monetary policy regime is: "The Bank intends to maintain the current extremely low levels of short- and long-term interest rates for an extended period of time, taking into account uncertainties regarding economic activity and prices including ...

BetaShares wins insto allocation

KANIKA SOOD  |  THURSDAY, 23 AUG 2018
... Alex Vynokur says institutional investors make up about 15-20% of its $5.7 billion in funds under management. But the interest is growing, he says. "We are definitely seeing a rise in interest from institutional investors," he said. "And this [investment] ...