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Showing 61 - 70 of 250 results for "Stretch"

Dividend payouts stagnate

KARREN VERGARA  |  MONDAY, 26 AUG 2019
ASX-listed companies continued to hold off paying dividends, extending a five-year long trend, a global index shows. According to Janus Henderson, dividend payouts rose 5.7% in the June quarter, thanks mainly to QBE Insurance, which rewarded shareholders ...

Byres warns not to spread APRA too thin

HARRISON WORLEY  |  MONDAY, 12 AUG 2019
With every review adding more to its plate, APRA chair Wayne Byres has warned against spreading the regulator too thin. Appearing before the House of Representatives Standing Committee on Economics on Friday, APRA deputy chair John Lonsdale reiterated ...

Private equity fund raising $300m

KANIKA SOOD  |  WEDNESDAY, 31 JUL 2019
A Sydney-based fund is raising $300 million from instos, family offices and retail investors to further its investments in private equity, renewable energy and real estate. Federation Asset Management chair Greg Bundy, who was previously Merrill Lynch ...

QSuper lowers balanced fund fees

KARREN VERGARA  |  TUESDAY, 2 JUL 2019
... their cover. Members who have income protection cover will see their waiting period of accrued sick leave plus 14 days stretch to 90 days or accrued sick leave (whichever is greater). For members that have personalised income protection cover, the waiting ...

Reforms see super fees in flux

HARRISON WORLEY  |  MONDAY, 1 JUL 2019
The PYS package, effective today, has forced the sector to consider changes to fee structures and group insurance premiums. With the package set to cap the amount of fees that can be charged to low-balance members and divert low-balance accounts deemed ...

Super fund overhauls group insurance cover

KARREN VERGARA  |  WEDNESDAY, 12 JUN 2019
... their cover. Members who have income protection cover will see their waiting period of accrued sick leave plus 14 days stretch to 90 days or accrued sick leave (whichever is greater). For members that have personalised income protection cover, the waiting ...

Chief economist update: RBA repeats history

BENJAMIN ONG  |  FRIDAY, 22 MAR 2019
... as today, the RBA has kept interest rates unchanged at 4.75% for 12 months (Nov 2010- Oct 2011) - that time the longest stretch since the GFC - as the unemployment remained at around 5% (give or take a few decimals) while at the same time ignoring the ...

UBS fined $51m for reporting breaches

KARREN VERGARA  |  THURSDAY, 21 MAR 2019
Swiss bank UBS AG has been slapped with a £27.6 million ($51.1m) fine for breaching reporting rules stretching nearly a decade. UK regulator the Financial Conduct Authority found UBS did not provide complete and accurate information relating to about ...

AUM growth subdued to 2025: Bloomberg

KARREN VERGARA  |  TUESDAY, 19 FEB 2019
New research from Bloomberg suggests fee margins of global asset managers will drop 11% over the next six years. Most of the 1950 global asset managers surveyed in the Asset Management Outlook to 2025 provided conservative AUM growth forecasts over ...

Chief economist update: RBA still in denial

BENJAMIN ONG  |  WEDNESDAY, 6 FEB 2019
... from the RBA on each and every occasion. Here are some snippets of the piece if you're interested: The second longest stretch of steady interest rates is the 18-month period between August 2013 and January 2015 with the cash rate frozen at 2.5% before ...