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Showing 5251 - 5260 of 14214 results for "Interest"

Centrepoint Alliance bolsters distribution team

HARRISON WORLEY  |  THURSDAY, 26 JUL 2018
... Alliance distribution and marketing executive, Soula Cargakis said the appointment of Tattershall reflected the increased interest the advice services group had been receiving. "Centrepoint has seen increasing interest and opportunities come our way ...

Banks take 1500 days to identify breaches: ASIC

KANIKA SOOD  |  THURSDAY, 26 JUL 2018
... Shipton targeted senior management in suggesting solutions to the trust deficit problem. He said if the conflicts of interest (such as were highlighted at the Royal Commission) are embedded in remuneration, they will become embedded in the organisation's ...

Chief economist update: Inflation genie still inside the box

BENJAMIN ONG  |  THURSDAY, 26 JUL 2018
... rather than down." But with the Australian labour market strengthening, the least harm would be for continued steady interest rates. This is affirmed by Lowe's words at the central bankers' conference in Sintra, Portugal: "I remain confident ...

Best in show should not dampen competition: Bowen

KANIKA SOOD  |  WEDNESDAY, 25 JUL 2018
Shadow Treasurer Chris Bowen said it is hard to argue against a case for better-performing superannuation funds as put forth by the Productivity Commission, yet the best in show approach must be careful that it doesn't dampen competition. Speaking at ...

BTFG will pay back grandfathered commissions to customers

KANIKA SOOD  |  WEDNESDAY, 25 JUL 2018
... for six years, stop calling me distribution. My job is not to distribute your products, it is to look after the best interest of the clients," Mackay said. "Shane Oliver said today that good advisers are finding it hard to find clients. I say, good financial ...

Future of superannuation leads FSC Summit

KANIKA SOOD  |  WEDNESDAY, 25 JUL 2018
... not made progress is that we are divided," Cummins said. "We need to distinguish clearly between organisational best interest and client best interest," he said. Cummins said the $2.6 trillion super industry must address legacy arrangements; duplication ...

Pinnacle splashes $50m on acquisitions

KANIKA SOOD  |  TUESDAY, 24 JUL 2018
... is paying $4 million for a 40% equity stake in Omega Global Investors. It has also agreed to pay $46 million for a 35% interest in Metrics Credit Partners. Omega Global Investors has $4.2 billion in funds under management. It's team of eight professionals ...

Industry fund signs stewardship code

HARRISON WORLEY  |  TUESDAY, 24 JUL 2018
... VicSuper's signature will soon be joined by other super funds, with the council adding it had received expressions of interest from more than 10 other asset owners. According to ACSI chief executive Louise Davidson, many asset owners were well on the ...

Chief economist update: BOJ to stop throwing good money after bad?

BENJAMIN ONG  |  TUESDAY, 24 JUL 2018
... is the speculation that it would tweak its yield-curve control programme to allow for a more natural rise in long-term interest rates to alleviate the reduced profitability/losses among Japanese banks due to close to zero long term rates. That might ...

Chief economist update: No sweat says BOC on Trump tariffs

BENJAMIN ONG  |  MONDAY, 23 JUL 2018
... the US Federal Reserve. Apparently, in his mind the Fed's rate rises are undermining "all that we have done". Two interest rate hikes so far this year and the US central bank has already made Trump hot under the collar, the uncertainty is POTUS' ...