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| | | ... by RateCity.com.au found that just 2% of term deposit rates on its database offer interest returns that are equal to, or above inflation (1.8%). The highest rate was for a five-year term deposit from Judo Bank, it said, with an interest rate of 2.15% ... |
| | | | Advisers are the most trusted source of information surrounding the impacts of COVID-19, above government sources and the media, according to research coming out of MLC Wealth. It's a key finding of a survey of over 1600 MLC clients and members ... |
| | | | ... and experts in place to fix mistakes." ASIC has said its tally for remediation provisioning for the industry is now well above $10 billion. With remediation programs from the fallout of the Royal Commission still under way, a career move into remediation ... |
| | | | ... of 317,000 job losses if COVID-19 shocks stretch out through the year because the unemployment rate could rise about 2.5% above the baseline. The slowdown may dwarf the government's $17.6 billion stimulus package. Frontier said at the current levels ... |
| | | | ... invested into a range of other cash products (term deposits, cash funds, ETFs etc) and we do not require them to hold a surplus above our minimum. "If a client chooses to hold extra 'at call cash' it is at their direction and discretion for a ... |
| | | | ... -8.8% in returns. The second boutique, Flinders Investment Partners, was the only well-performing boutique. It returned 6.2% above the benchmark S&P/ASX Small Ords in the 12 months ending February end. It is managed by Andrew Mouchacca and Richard Macdougall ... |
| | | | ... statement to the ASX. "AMP continues to have a strong balance sheet and capital position, with its Level 3 eligible capital above minimum regulatory requirements of $2.5 billion at 31 December 2019." AMP said that all credit ratings assigned to AMP by ... |
| | | | ... the official cash rate from 1.0% to 0.25%. Fiscal authorities have also been doing their bit. There was Trump's (see above) and China (previous to everybody else). There's the UK Treasury's £30 billion stimulus package; Canada's C$1billion ... |
| | | | ... increase approach in 2020. "The premium rates for these policyholders will move towards the new business rates outlined above, subject to some rate increase caps," ClearView said. "While ClearView has continuously sought to minimise increases on parts ... |
| | | | MLC is lowering the fees for its MasterKey Fundamentals product for accounts above $150,000, and introducing a new core menu. From April 1, MasterKey Fundamentals will lower its fees for 58,000 clients and members. This is the new product which MLC ... |
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