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Showing 5381 - 5390 of 14214 results for "Interest"

Chief economist update: BOE fails market expectations

BENJAMIN ONG  |  FRIDAY, 11 MAY 2018
The Fed is on track for another two more of its forward guided three interest rate hikes this year. This is the message from the just-released US CPI report for April. Despite the continued improvement in the US unemployment rate - down to 3.9% in April ...

Australian Ethical divests AMP

ALEX BURKE  |  THURSDAY, 10 MAY 2018
Australian Ethical will divest AMP following the governance failures exposed by the Royal Commission. Speaking to Financial Standard, Australian Ethical head of ethics research Stuart Palmer said while AMP passed its ethical screening in 2016, and the ...

AMP to fight class actions, prioritise performance

HARRISON WORLEY  |  THURSDAY, 10 MAY 2018
... McDonald has filed proceedings against AMP in the Federal Court. The firm is representing shareholders who acquired an interest in the under-fire wealth manager between 6 May 2013 and 13 April 2018. An additional class action filed by Quinn Emanuel Urquhart ...

CBA cops $25 million for BBSW rigging

KANIKA SOOD  |  WEDNESDAY, 9 MAY 2018
... apply to the Federal Court, seeking approval of the settlement. This adds to the $118.5 million in refunds, including interest, that the bank admitted to have allocated to its fee for no service clients, as at December end, in its Royal Commission submissions. ...

Volatility divides investors: Survey

KARREN VERGARA  |  WEDNESDAY, 9 MAY 2018
As volatility and interest rate movements remain top concerns for investors, many are divided on the impact these risks will have on portfolio returns, the latest Natixis Investment Managers survey shows. About eight-in-ten (78%) of the 200 fund researchers ...

Retirement income rules boost annuities: Challenger

ALEX BURKE  |  WEDNESDAY, 9 MAY 2018
Challenger said the new requirement for superannuation trustees to include comprehensive income products for retirement (CIPRs) will boost outcomes for retirees in blended annuity portfolios. As per the changes in the Budget, the new means test rules ...

What the associations want from Budget 2018

KANIKA SOOD  |  TUESDAY, 8 MAY 2018
... wants the government to facilitate the rationalisation of legacy products in financial services, involving a consumer interest test applied at a collective level and roll over of all tax attributes to the new vehicle without any tax implications. Association ...

S&P reaffirms Sirtex after new offer from Chinese manager

ALEX BURKE  |  TUESDAY, 8 MAY 2018
ASX-listed healthcare firm Sirtex, whose investors include some of Australia's leading fund managers, will remain in the S&P/ASX 200 after its US takeover has been postponed in light of a new offer. Sirtex entered into a trading halt and then announced ...

Blue Sky chair steps down amid business restructure

ALEX BURKE  |  MONDAY, 7 MAY 2018
... to recurring management fees exceeding fixed operating expenses in FY19; and committing to the "improved alignment of interest between shareholders, investors and executives." The restructure also means Blue Sky has withdrawn earnings guidance for fee-earning ...

InvestSMART to launch active ETF

ALEX BURKE  |  MONDAY, 7 MAY 2018
... Financial Standard that her firm would soon be moving into the space, and that "active ETFs are absolutely in the client interest." Devoy said it's important active managers can bring an "Amazon-esque" experience to financial services. Instead of having ...