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Showing 7961 - 7970 of 14214 results for "Interest"

FSU warns of job loss 'tidal wave'

JAMES FERNYHOUGH  |  FRIDAY, 20 JUN 2014
A "tidal wave" of job losses in the Australian financial services sector may be the outcome of "secret" trade negotiations, the Financial Services Union has said. Along with the United States and the European Union, Australia is currently leading negotiations ...

Advice clients don't want managed funds

MARK SMITH  |  FRIDAY, 20 JUN 2014
AFA Adviser of the Year Jenny Brown has said that clients are simply not interested in investing in managed funds. "Clients don't want managed funds. I'm sorry to all the fund managers in the room but they just don't understand them," she said. Brown ...

The scares that weren't

BENJAMIN ONG  |  FRIDAY, 20 JUN 2014
... times in the past - the kindness of central banks (and the politburo, in China's case). The CB's are in no hurry to lift interest rates. They would not lift a finger until they deem that their respective recoveries are self-sustaining... and even when ...

Market Wrap AM

AAP  |  FRIDAY, 20 JUN 2014
... is on in Melbourne. In Australia, the market on Thursday rallied after the US central bank decided to retain ultra-low interest rates. The benchmark S&P/ASX200 index rose 85.5 points, or 1.59 per cent, to 5,468.2. The broader All Ordinaries index gained ...

Key Telstra Super investment exec resigns

ALICE URIBE  |  THURSDAY, 19 JUN 2014
Telstra Super's head of fixed interest has resigned after more than six years in the role. A Telstra Super spokesperson confirmed that Chris Artis resigned earlier this week and would depart the fund on July 8. His main responsibility was the domestic ...

Market wrap

AAP  |  THURSDAY, 19 JUN 2014
The US central bank's decision to retain ultra-low interest rates has boosted the local share market. US markets reacted positively to the Fed Reserve's monetary policy announcement, with the S&P 500 index hitting a new record. "The US central bank ...

MetLife head of retirement products departs

JAMES FERNYHOUGH  |  THURSDAY, 19 JUN 2014
... are an existing MetLife Max investor, your account has not been affected." The spokesperson said that there was some interest from independent financial advisers, and that some of the product sold. However, she did not say how much was sold. She denied ...

SPAA voices concern over conflicted remuneration

LAURA MILLAN  |  THURSDAY, 19 JUN 2014
... law on conflicted remuneration. The organisation also said it "strongly supports the catch-all provisions of the best interest duty," as well as the other amendments recommended by the Committee. On the conflicted remuneration issue, SPAA chief executive ...

Steady as she goes

BENJAMIN ONG  |  THURSDAY, 19 JUN 2014
... - 6.1% this year, down from 6.1%-6.3%; inflation at 1.5%-1.7%, up from 1.5%-1.6%. However, Fed officials raised their interest rate expectations - they're now predicting the fed funds rate to be 1.13% at the end of 2015 (from 1.0% in March) and 2.5% ...

Market wrap AM

AAP  |  THURSDAY, 19 JUN 2014
... to open higher after Wall Street's S&P 500 bolted to a new record following the Federal Reserve's decision to keep its interest rates ultra low. At 0645 AEST on Thursday, the June share price index futures contract was up 18 points at 5,400. The S&P ...

Editor's Choice

Treasury responds to Debelle's review into the AOFM

KARREN VERGARA
Treasury has responded to the Guy Debelle-led review into the Australian Office of Financial Management (AOFM), agreeing to all six recommendations.

Bravura ups guidance, reports earnings increase

RIDDHIMA TALWANI
Bravura Solutions informed investors cost discipline will protect its full year earnings result after a client migrated to a Business Process Outsourcing (BPO) early in the year.

MaxCap hires from Vanguard, AustralianSuper

MATTHEW WAI
MaxCap has welcomed two senior directors, including a portfolio manager from Australia's largest super fund, reporting to the recently named chief executive Kylie Robb.

Zenith snags mandate from Granite Bay

MATTHEW WAI
Granite Bay Private Wealth has selected Zenith Investment Partners to support their investment governance and due diligence.

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Since becoming chief executive, Blake Briggs has renewed the Financial Services Council's influence, expanded the membership base, and strengthened its policy and advocacy credentials. Karren Vergara writes.
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