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Showing 5531 - 5540 of 14214 results for "Interest"

Stellar growth for industry funds: APRA

KARREN VERGARA  |  WEDNESDAY, 28 FEB 2018
The growth of industry superannuation funds significantly outpaced retail funds in the year to December 2017, latest APRA statistics show. Industry funds saw assets surge 18.3% to $589.8 billion year-on-year, largely driven by net contributions flows ...

LGIAsuper bolsters infrastructure investments

KARREN VERGARA  |  WEDNESDAY, 28 FEB 2018
... ramping up its stake in infrastructure investments, adding a regional port to its portfolio. LGIAsuper increased its interest in the Port of Portland to 31%, a deep-water facility located between Melbourne and Adelaide. One of its investment managers ...

Chief economist update: New Fed chief, same policy direction (but more transparent)

BENJAMIN ONG  |  WEDNESDAY, 28 FEB 2018
... term as chair, the economy continued to strengthen and Federal Reserve policymakers began to normalise both the level of interest rates and the size of the balance sheet. Together, chair Yellen and I have worked to ensure a smooth leadership transition ...

Contribution cap reforms see SMSFs spend cash

JAMIE WILLIAMSON  |  TUESDAY, 27 FEB 2018
Self-managed superannuation fund cash balances fell to a two year low in the December 2017 quarter as trustees allocated more to Australian and international equities. Latest insights from SuperConcepts show cash levels dropped to 17.3% in December ...

ASIC bans former NAB, Westpac adviser

KARREN VERGARA  |  TUESDAY, 27 FEB 2018
ASIC banned a former NAB and Westpac adviser for five years for inappropriately providing superannuation and insurance advice. Brisbane-based financial adviser Christopher Ramsay was a representative of Westpac between 2010 and 2015. He went on to work ...

Industry fund takes aim at asset manager diversity

ALEX BURKE  |  TUESDAY, 27 FEB 2018
A $43 billion super fund is reviewing 70 of its local and offshore asset managers to determine where they stand on workplace gender diversity. The reason for this, HESTA chief executive Debby Blakey explained, is the fund is "committed to gender equality ...

Chief economist update: The key to ECB taper

BENJAMIN ONG  |  TUESDAY, 27 FEB 2018
... purchases, the sizeable stock of acquired assets and the forthcoming reinvestments, and our forward guidance on policy interest rates." Draghi cannot get any clearer. Inflation needs "ample" monetary stimulus to get to 2%. Not only this, the net asset ...

Don't time equity returns with interest rates: Research

KARREN VERGARA  |  MONDAY, 26 FEB 2018
New research dispelling the positive correlation between interest rates and equity returns warns investors not to base investment strategies on this myth. The research analysed the relationship between the official cash rate, government bond yields ...

Chief economist update: Three minutes

BENJAMIN ONG  |  MONDAY, 26 FEB 2018
... forward guidance is similar - that strengthening activity would lift inflation and eventually pave the way for higher interest rates (i.e., policy normalisation) but... this all depends on upcoming data. The minutes of the RBA meeting reveal that our ...

ASIC bans Perth adviser

DARREN SNYDER  |  FRIDAY, 23 FEB 2018
ASIC banned a Perth-based financial adviser for five years following an investigation as part of the regulator's life insurance lapse data project. Philip Leake is banned from providing financial services for five years after failing to act in his clients' ...