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Showing 691 - 700 of 2030 results for "Let"

Plato fund shuts down

KANIKA SOOD  |  TUESDAY, 4 JUN 2019
An Aussie equities fund from Plato Investment Management is shutting down following a decision from its responsible entity. The Plato Australian Shares Income Fund (Managed Risk) is set to close. It currently holds about $20 million in funds. The fund's ...

Sandon Capital acquires stake in LIC

KARREN VERGARA  |  TUESDAY, 4 JUN 2019
Activist investment manager Sandon Capital Investments has entered into an agreement to acquire a stake in a listed investment company. ASX-listed Sandon Capital is expected to acquire nearly 53 million shares in Mercantile Investment Company (MVT) ...

Super fund increases premiums

KARREN VERGARA  |  FRIDAY, 31 MAY 2019
A $1.5 billion superannuation fund will increase life insurance premiums as a result of the Protecting Your Super Package reforms. New and existing REI Super members will pay more for death and TPD cover from 1 July 2019. They join the ranks of AustralianSuper ...

Banks sluggish on Indigenous financial inclusion

KARREN VERGARA  |  WEDNESDAY, 29 MAY 2019
Indigenous Australians are being let down by financial institutions' failure to provide access to basic banking services and recognise different cultural attitudes towards money, a new report from the First Nations Foundation reveals. Of the 620 ...

Industry pledges Uluru statement support

ELIZABETH MCARTHUR  |  MONDAY, 27 MAY 2019
Twenty-one financial institutions have come together to sign an open letter pledging their support for the Uluru Statement from the Heart, which calls for an established First Nations voice in the constitution. The signing was prompted by the second ...

Chief economist update: Currency manipulators beware

BENJAMIN ONG  |  MONDAY, 27 MAY 2019
... administration, has advanced and is in a position to become the engine of growth for all of the rest of the world. Live and let live. Instead, victory for Trump is not only by becoming rich but also by making his neighbours poorer. Not only is Trump ...

Chief economist update: Like Britney Spears, Financial Standard's done it again

BENJAMIN ONG  |  THURSDAY, 23 MAY 2019
... Trump and the world. That being constant, Australia's economic dynamics are bound to improve and/or stop deteriorating. Let us count the ways. The near-certainty of the RBA cutting the official cash rate to a new all-time low of 1.25% in June has ...

Communication fails to keep member interests at heart

KARREN VERGARA  |  WEDNESDAY, 8 MAY 2019
Many superannuation fund members are feeling confused after receiving communication from trustees attempting to explain the new Protecting Your Superannuation Package laws. Some super funds however, are outshining others. APRA wrote to trustees today ...

Chief economist update: RBA refused to blink in May

BENJAMIN ONG  |  WEDNESDAY, 8 MAY 2019
Nothing. Nada. Zilch. Despite high expectations that it would leading up to its May Board meeting, the Reserve Bank of Australia (RBA) didn't only NOT cut the official cash rate - it kept it unchanged at a record low 1.5% - it also maintained its ...

AFCA hits the road

HARRISON WORLEY  |  FRIDAY, 3 MAY 2019
... a vital service for consumers and small business," Bowlen said. "Having only been in existence for six months, we need to let people know we are here, we're a free service, and we are ready to help." Additionally, AFCA said Bowlen's leadership would ...