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Showing 6271 - 6280 of 14214 results for "Interest"

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 9 DEC 2016
... securities from two years to one year. Second, purchases of securities under the APP with a yield to maturity below the interest rate on the ECB's deposit facility will be permitted to the extent necessary". China trade balance China's trade surplus ...

Aussie super funds building world-class investment teams

JAMIE WILLIAMSON, DARREN SNYDER  |  THURSDAY, 8 DEC 2016
... report showed that from the seven Aussie super funds, 22% of total assets are invested in alternatives, with a growing interest in international opportunities particularly in the US and UK. It said pension funds globally are increasingly looking to equities ...

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 8 DEC 2016
... left the repo rate unchanged at 6.25% following its 7 December policy meeting. Most analysts expected the RBI to cut interest rates - coming as it would have immediately after October's surprise 25 basis point reduction - in order to alleviate the "cash ...

Carwardine to undergo external advice review

KERRIE SYDEE  |  WEDNESDAY, 7 DEC 2016
... surveillance concluded in September 2016 and identified a number of issues with Carwardine's obligation to act in the best interest of clients and the appropriateness of advice provided to clients. In particular ASIC is concerned about the firm's resources ...

Japan still leading APAC offshore investors

ALEX BURKE  |  WEDNESDAY, 7 DEC 2016
... ($2.2 billion). Justifying this, an investment manager anonymously quoted in the report said that Japan "has a very low-interest environment and that's perhaps one of the biggest reasons Australia is attractive. " It added: "What we know structurally ...

Millennials embrace Essential Super's digital presence

KERRIE SYDEE  |  TUESDAY, 6 DEC 2016
... particularly from millennials. "We are seeing real momentum build behind Essential Super as our easy digital access drives interest and take up from younger Australian workers," he said. "It's very encouraging to see this segment of the market engaging ...

ASIC probe reveals 185 more CBA compo cases

KERRIE SYDEE  |  TUESDAY, 6 DEC 2016
... the... database." Of the 471 cases a total of 82 were subsequently offered compensation totalling $1,638,113 (including interest) after CFP and FW identified that the advice the 82 clients received was inappropriate and had led to client loss. Recently ...

BMW caught on car loan failures

JAMIE WILLIAMSON  |  TUESDAY, 6 DEC 2016
... Services and Alphera Financial Services brands and will include $14.6 million in remediation payments, $7.6 million in interest rate reductions on current contracts, and $50 million in loan write offs. BMW Financial has also agreed to pay a $5 million ...

Out-dated websites flag regulatory risk

KERRIE SYDEE  |  MONDAY, 5 DEC 2016
... the AFSLs to monitor and audit to make sure their websites are compliant," Liao said. "We're starting to get a lot of interest from independent dealer groups, especially in regards to the adviser portal space where they really want to tidy up their resource ...

Pillar sold to Mercer

DARREN SNYDER  |  FRIDAY, 2 DEC 2016
Mercer is upping its stakes in superannuation administration by acquiring Pillar from the NSW Government for $35 million. The deal establishes Mercer as one of the largest outsourced superannuation providers in Australia, increasing funds under administration ...