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Showing 5471 - 5480 of 14214 results for "Interest"

MQA chief executive departs in management restructure

ALEX BURKE  |  MONDAY, 9 APR 2018
The chief executive of Macquarie Atlas Roads (MQA) will resign as part of a finalised agreement to remove Macquarie as MQA's investment manager and rename the company. In November last year, MQA's board announced it would "pursue an internalisation ...

Lawyers slam life insurers in Royal Commission

KARREN VERGARA  |  FRIDAY, 6 APR 2018
... Based on APRA's December 2017 life insurance statistics, annualised return on net assets stood at 10.9%, yet the penalty interest rate is about 5.58%, Mennen said, warning of insurers' "windfall" when assessing claims. "Our submission also highlights ...

Outsourcing driving advice client engagement

KARREN VERGARA  |  FRIDAY, 6 APR 2018
Financial advice practices that outsource certain back-office functions save up to 60% in operational costs and are dedicating more time to clients. This is according to Virtual Business Partners (VBR) chief executive David Carney, who said advice firms ...

MySuper growth leads industry

KANIKA SOOD, DARREN SNYDER  |  FRIDAY, 6 APR 2018
... the month as well as property and infrastructure, partially offset by modest returns in Australian equities and fixed interest. The monthly decline in February is first meaningfully negative month for returns in over a year," Rainmaker noted. The Benchmark ...

Acorns mulls ASX listing

JAMIE WILLIAMSON  |  THURSDAY, 5 APR 2018
Acorns Investment Company is considering listing on the ASX. Soon to be the head company of the Acorns Australia/Instreet Investment Limited group, Acorns Investment Company is contemplating a public offer of fully paid ordinary shares and listing on ...

Bell AM recruits senior global equities analyst

HARRISON WORLEY  |  THURSDAY, 5 APR 2018
... experiencing strong demand for strategies with long track records and resilience across all market cycles. In a rising interest rate environment, investors are looking for strategies that will thrive in these conditions."

Two industry funds merge

KARREN VERGARA  |  THURSDAY, 5 APR 2018
Two industry superannuation funds will merge to create a $10.3 billion superannuation fund with about 125,000 members. NGS Super and QIEC Super will operate as one entity from 1 November 2018; QIEC Super will become a subdivision of NGS Super in the ...

New super fund joins forces with GBST

ALEX BURKE  |  THURSDAY, 5 APR 2018
... residential property, 17% to Australian shares, 24% to international shares, 4% to global infrastructure, 25% to fixed interest and 5% to cash. It has an investment fee of 0.516% and an admin fee of $66 per annum. The second option, Superestate Property ...

Contango restructure sees reduced headcount

ALEX BURKE  |  THURSDAY, 5 APR 2018
... we've done a lot of work in the retail market, reducing our cost base. We're planning to launch two new ETFs in the fixed-interest space in the next 12 months as well as an exchange-traded managed fund (ETMF) via California-based WCM Investment Management." ...

Executive pay structure still fuels risk-taking: APRA

KANIKA SOOD  |  WEDNESDAY, 4 APR 2018
Australia's largest financial institutions still remunerate senior executives in a way that encourages risk-taking and undermines long-term financial health - but RSE licensees may be doing a better job than their peers, APRA said today. The findings ...