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Showing 7971 - 7980 of 14214 results for "Interest"

LaSalle divests Sydney Sofitel Wentworth

MARK SMITH  |  WEDNESDAY, 18 JUN 2014
Global property investor LaSalle Investment Management has agreed to sell its 100% shareholding interest in Sofitel Wentworth Sydney to Frasers Centrepoint. Sofitel Wentworth in Sydney has 436 five-star guest rooms and 45 luxury suites. It is surrounded ...

FoFA changes designed to protect big players: opposition

LAURA MILLAN  |  TUESDAY, 17 JUN 2014
... endorsed removing key consumer protections." The organisation representing some industry super funds said that the best interest duty has been diluted "by introducing loopholes lobbied for by banks" and added that the law allows "banks and other product ...

Senate report supportive of government FoFA reforms

LAURA MILLAN  |  TUESDAY, 17 JUN 2014
... Committee recommended the removal of the catch-all provision and said it is persuaded that this "would not dilute the best interest duty." Consumer protection and affordability within scaled advice was one of the Committee's main points of interest. ...

Senate FoFA conclusions expected today

LAURA MILLAN  |  MONDAY, 16 JUN 2014
The Senate Economics Committee is expected to release its conclusions on the Future of Financial Advice (FoFA) inquiry later today. The report will allow the government to form a final opinion on the amendments to the FoFA legislation, which have been ...

Market Wrap AM

AAP  |  FRIDAY, 13 JUN 2014
... normal market convention by rising after the Reserve Bank lifted the official cash rate and offered no respite to further interest rate hikes. The NZX 50 Index advanced 15.96 points, or 0.3 per cent, to 5195.11.

AMP targets Asian investors with new UCITS funds

MARK SMITH  |  THURSDAY, 12 JUN 2014
AMP Capital has made UCITS versions of its Global Listed Infrastructure Fund and Global Real Estate Securities Fund available to institutional investors in Asia. AMP launched its new Luxembourg-domiciled UCITS platform in April 2014 with US$156 million ...

UK on the go

BENJAMIN ONG  |  THURSDAY, 12 JUN 2014
... delete the 7.0% unemployment rate threshold (at which previously the BOE said, it would start thinking about raising interest rates) and replaced it with "forward guidance". "The ultimate answer will depend on the evolution of the economy, particularly ...

Low rates force banks to change term deposit strategy

LAURA MILLAN  |  THURSDAY, 12 JUN 2014
Australia's low interest rates are driving clients away from term deposits and forcing banks to come up with alternative strategies. As many as 36,000 big four bank clients have left their term deposits during the last year, the Roy Morgan Consumer ...

Investors find opportunity in SMSF conservative approach

LAURA MILLAN  |  WEDNESDAY, 11 JUN 2014
Self-managed super funds (SMSF) ultra conservative approach to investment can be turned into an opportunity for investors with higher tolerance for volatility. The latest Credit Suisse equity research explains that companies forecasted to raise dividend ...

FWC halts default super review

JAMES FERNYHOUGH  |  WEDNESDAY, 11 JUN 2014
The Fair Work Commission (FWC) has said it will halt its selection of MySuper funds as default funds under modern awards, after the full Federal Court found the expert panel was incorrectly constituted. In a statement released yesterday the president ...