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Showing 5911 - 5920 of 14214 results for "Interest"

Government gives super system further makeover

DARREN SNYDER  |  TUESDAY, 25 JUL 2017
The Federal Government is powering ahead with further changes to Australia's $2 trillion superannuation system, garnering support from across the industry. The latest proposals will see the prudential regulator (APRA) be responsible for making it easier ...

Investment managers turning to hungry retail market

ALEX BURKE  |  MONDAY, 24 JUL 2017
... distribution head Andrew Hall. At the time Cooper Investors managing director Peter Cooper explained he had seen strong interest in his firm's funds from high-net-worth investors and financial advisers. Channel Capital has also been on a distribution ...

Super system needs work on environmental and governance factors

DARREN SNYDER  |  FRIDAY, 21 JUL 2017
... includes considerations for material wellbeing, health and quality of life to provide a more holistic view. Australia's low interest rate environment and sustainable public finances drive its strong ranking in overall finances in retirement (fifth overall). ...

Government paves the way for open banking

EMMA RAPAPORT  |  FRIDAY, 21 JUL 2017
Third parties could soon be given greater access to banking data under a proposed open banking system regime. The regime, announced for review by Federal Treasurer Scott Morrison yesterday, will seek to open up consumer and third party access - with ...

ASIC audits limited AFSLs

KARREN VERGARA  |  THURSDAY, 20 JUL 2017
... investors, as well as the minimal amount of contact the trustee had with them. There was also an apparent conflict of interest resulting from the loan arrangements between Gem and a lender controlled by one of its directors. ASIC said it's aiming to ...

Asset managers held to higher standard: FSC

EMMA RAPAPORT  |  THURSDAY, 20 JUL 2017
... asset stewardship. These disclosures will include, but not be limited to: remuneration policy, management of conflicts of interest, whistle-blower protection policy, and brokerage and commissions. Speaking at a media roundtable yesterday, FSC chief executive ...

Aussie hedge fund seeking $300m for retail IPO

ALEX BURKE  |  THURSDAY, 20 JUL 2017
A $1.1 billion Australian hedge fund manager with offices in Sydney and New York is looking to diversify its investor base with the launch of a listed investment company. VGI Partners is looking to raise $300 million, with a possible further $100 million ...

FOFA breach sees former adviser banned

JAMIE WILLIAMSON  |  THURSDAY, 20 JUL 2017
A former Magnitude Group financial adviser was banned by ASIC for breaching the best interest duty introduced under the Future of Financial Advice reforms. Jason Sean Atkins of Perth is prohibited from providing financial advice for three years after ...

Morningstar partners to drive adviser ESG education

JAMIE WILLIAMSON  |  THURSDAY, 20 JUL 2017
Morningstar is working with a global financial services industry body to better prepare financial advisers for incorporating sustainable investing into advice practices. Collaborating with the US-based Money Management Institute, the program focuses ...

Industry fund makes social impact investment

EMMA RAPAPORT  |  WEDNESDAY, 19 JUL 2017
An Australian-first suburban village designed to recreate real life experiences for those living with dementia has been given a $19 million kick-start by an industry superannuation fund. The investment was made through HESTA's $30 million Social Impact ...