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Showing 6801 - 6810 of 14214 results for "Interest"

Senate recommends immediate adviser bans following "bitter harvest"

ALEX BURKE  |  TUESDAY, 15 MAR 2016
The Senate Economics References Committee has recommended legislative amendments which would allow ASIC to immediately suspend a financial adviser if "egregious misconduct" is suspected. Released today, the committee's report on the agribusiness managed ...

Legg Mason Brandywine gets nod from Zenith

MARK SMITH  |  TUESDAY, 15 MAR 2016
... investments based on their merit, underlying macroeconomic fundamentals and valuation to invest in countries with high real interest rates and supportive currencies. Legg Mason Australia head of sales Beau Titchkosky said: "We believe Legg Mason has ...

Industry super fund head to join Myer Family Company

MARK SMITH  |  TUESDAY, 15 MAR 2016
The chief executive of a $7 billion industry super fund is leaving to take up a role with the Myer Family Company. Equip boss Danielle Press will leave the fund at the end of June 2016 after six years of service. Equip's chair, Andrew Fairley, said ...

We've got the power and firepower (still)

BENJAMIN ONG  |  MONDAY, 14 MAR 2016
... the Japanese central bank increase in its asset purchases to ¥90 trillion from ¥80 trillion and at the same time take interest rates deeper into negative from 0.1% to 0.3%. However, many aren't holding their breath, more so, in light of recent reports ...

HUB24 signs white label deal with Lifespan

ALEX BURKE  |  MONDAY, 14 MAR 2016
HUB24 has announced a white label partnership with Lifespan Financial Planning. The agreement means HUB24 will now provide investment administration and managed portfolio services for the $1.5 billion advice network, which employs 140 authorised representatives ...

Australia and UK to shape retirement landscape

DARREN SNYDER  |  MONDAY, 14 MAR 2016
A global pension expert believes both Australia and the UK will play a major role in driving future ingenuity and innovation for retirement markets across the world. On the eve of attending the Conference of Major Superannuation Funds (CMSF) in Adelaide ...

Colchester Global Investors hires local distribution head

MARK SMITH  |  FRIDAY, 11 MAR 2016
... Australian intermediary market place for the first time in a bid to capitalise on recent strong research ratings and platform interest. She has 20 years' experience in the financial services industry having held senior roles at Challenger, AMP Capital ...

Super tax concessions no gift

DARREN SNYDER  |  FRIDAY, 11 MAR 2016
... first time, super was taxed on the way in and during the accumulation phase, meaning members lost the benefit of compound interest in exchange for a quick budget fix. Further major contribution changes occurred in 2007, 2009 and 2013," Rowe said. He ...

Four bazookas and a phrase

BENJAMIN ONG  |  FRIDAY, 11 MAR 2016
... over-delivered on the eagerly-awaited stimulus promised two months ago. He came in firing not with one... but four bazookas: Interest rate reductions - repo rate cut to 0% from 0.05%; marginal lending facility lowered to 0.25% from 0.30%; deposit rate ...

Up to 2.4m super members affected by CommInsure scandal

MARK SMITH  |  THURSDAY, 10 MAR 2016
Up to 2.4 million superannuation members could be impacted by the allegations which have rocked insurance company CommInsure, according to Rainmaker Information estimates. A joint investigation by Fairfax the ABC's 4 Corners alleged the company pressured ...