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Showing 6091 - 6100 of 14214 results for "Interest"

Employers urged to fund workers' financial advice

KARREN VERGARA  |  FRIDAY, 7 APR 2017
Employers should do more to help employees ease financial worries by providing work-funded financial advice, a new study from MetLife shows. About 68% of employers said helping staff make better financial decisions is important - but only one third ...

The challenging nature of ethics

JAMIE WILLIAMSON  |  FRIDAY, 7 APR 2017
Initiatives to increase ethics in financial services can be likened to endurance events in the sporting arena. That is the view of Clare Payne - former endurance swimmer and consulting fellow for Ethics in Banking and Finance with The Ethics Centre. ...

Wingate strengthens team

EMMA RAPAPORT  |  THURSDAY, 6 APR 2017
... Management. The firm is now jointly owned by staff and the Wingate Group, with Australian Unity maintaining an indirect interest via shares in the parent company. The firm was added to the Macquarie Wrap in August last year, giving investors exposure ...

Banking scrutiny to escalate: ABA

KARREN VERGARA  |  THURSDAY, 6 APR 2017
The Australian Bankers' Association's new chief executive warned banks that the unprecedented level of pressure and scrutiny, and rate of change they are facing will only escalate and shouldn't be underestimated. Three days into her new role, former ...

IMF Bentham taps debt markets

EMMA RAPAPORT  |  THURSDAY, 6 APR 2017
... Securities has originated, bringing the total raised to more than $1.5 billion. The 3.25 year notes will pay a fixed rate of interest of 7.40% pa, paid semi-annually in arrears. The notes are to be issued at a capital price of $101, providing a yield ...

SSGA expands active managed funds business

MICHELLE BALTAZAR, JAMIE WILLIAMSON  |  WEDNESDAY, 5 APR 2017
... monies are allocated, especially for the retiree segment and what the market appetite is based on fees, credit quality and interest rate duration. The result is a domestic floating rate note fund with monthly income, high credit quality and a low fee ...

Korea scopes out Aussie asset management market

JAMIE WILLIAMSON  |  WEDNESDAY, 5 APR 2017
... managers are similarly enthusiastic about the future prospects enabled by the agreement, hinting at sectors of particular interest. "Korean asset managers are excited about future ventures into the Australian market and hope to forge new investment partnerships ...

Plato fund oversubscription heralds income appetite

ALEX BURKE  |  WEDNESDAY, 5 APR 2017
... return per annum since inception to December 31, 2016. Plato managing director Don Hamson said Plato had received "strong interest across Australia for PL8 during our roadshow, and it is great to see that interest has translated into strong support and ...

Industry fund continues in-house investment expansion

EMMA RAPAPORT  |  WEDNESDAY, 5 APR 2017
... is continuing to expand its in-house investment capability with the appointment of a senior portfolio manager, fixed interest and cash. Michael Swan, formerly of boutique fixed income asset manager Brookline Partners, joins the Cbus public markets team ...

ASIC wins first court action for FoFA breaches

EMMA RAPAPORT  |  WEDNESDAY, 5 APR 2017
... Corporations Act which affirm that a financial services licensee must ensure the advice they provide complies with the best interest obligation, and is appropriate for clients. ASIC deputy chairman Peter Kell said the finding against NSG is a yardstick ...