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Showing 71 - 80 of 444 results for "Term Deposits"

Superannuation assets hit $3.13tn

KARREN VERGARA  |  WEDNESDAY, 26 MAY 2021
... among SMSFs as 26% or $207.4 billion of the $787.1 billion asset pool is allocated to this asset class. Cash and term deposits have a 19% allocation of $149.4 billion, followed by unlisted trusts at 13% or $99.2 billion. Non-residential real property ...

Industry fund ups admin fees

KARREN VERGARA  |  MONDAY, 24 MAY 2021
... members. The cash option currently invests in a mix of short-term money-market securities that include call and term deposits, bank bills, negotiable certificates of deposit, and short-dated floating rate securities.

Research aims to solve cash conundrum

ELIZABETH MCARTHUR  |  THURSDAY, 6 MAY 2021
... annual income. Today, that same retiree would only have $3750 of annual income. For a retired couple to live off term deposits comfortably in Australia right now, they would need $21 million in cash investments. According to Allianz Retire+, financial ...

Mawhinney banned for 20 years

ELIZABETH MCARTHUR  |  MONDAY, 19 APR 2021
... investments. Many of these investors were under the impression that Mayfair debenture products were as risk-free as bank term deposits and invested in them through their SMSFs. Investors in these products are yet to receive any compensation as Grant ...

Catholic Super bank implements Temenos

KANIKA SOOD  |  MONDAY, 12 APR 2021
... At the time, Bell Porter's Lafitani Sotiriou said the acquisition would give Challenger the opportunity to offer term deposits, but gain the net interest margin through existing investment methods, rather than through relying on home loans like the major ...

Mayfair found to have misled

ELIZABETH MCARTHUR  |  WEDNESDAY, 24 MAR 2021
... Mayfair misled investors to believe its debenture products were comparable to and of a similar risk profile to bank term deposits. In reality the debenture products were much high risks. Investors were also misled to believe their principal investments ...

AustralianSuper adds gold ETF to menu

ELIZABETH MCARTHUR  |  WEDNESDAY, 24 MAR 2021
... a choice of investments for their super or retirement income. The menu includes exchange traded products, LICs, term deposits and cash but GOLD will be the only product that offers exposure to the commodities sector through an ETP on the menu. "We are ...

Challenger to buy industry-fund-owned bank

KANIKA SOOD  |  WEDNESDAY, 23 DEC 2020
... we provide financial security for retirement and will further diversify our distribution channels," Howes said. "Term deposits represent a significant asset class for Australian retirees and entering the market provides an opportunity to play a greater ...

LICs show sign of struggle

ANNABELLE DICKSON  |  WEDNESDAY, 16 DEC 2020
... interest is becoming popular as investors, especially retirees, are desperate to get better yields than they get from term deposits and seek investments that generate income," he said. "LIC managers tend to specialise in a single asset class, with only ...

Mayfair 101 heads to mediation

ELIZABETH MCARTHUR  |  FRIDAY, 11 DEC 2020
... misleading claims about the M+ Fixed Income Notes and M Core Fixed Income Notes, including comparing the products to bank term deposits. ASIC alleges that this could have caused investors to misunderstand the inherent risk in investing through these ...