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Showing 9241 - 9250 of 14214 results for "Interest"

ASIC highlights CFD compliance issues

BEN COLLINS  |  FRIDAY, 1 JUN 2012
The Australian Securities & Investments Commission review of client money handling and reconciliation practices has shown non-compliance by a number of issuers of over-the-counter contracts for difference and margin FX derivatives. The Australian Securities ...

Super sector turning to dedicated long-term lenders

BEN COLLINS  |  THURSDAY, 31 MAY 2012
... superannuation sector. "Secured private debt is a non-volatile investment. These are mortgages, people borrow money and they pay interest every month. "Banks are unwilling to lend long-term. They want to lend on a 1 and 2 year basis, they don't like ...

Market Wrap - Morning

AAP  |  THURSDAY, 31 MAY 2012
... per cent at 3015.58 points. Madrid's IBEX 35 index plunged by 2.58 per cent to a nine-year low of 6090.40 points as the interest rate on Spanish 10-year government bonds hit 6.703 per cent - which is unsustainable over the longer term. The European single ...

BT: Focus on Count disproportionate

MELANIE TIMBRELL  |  WEDNESDAY, 30 MAY 2012
... joining BT dealer groups are able to offer platforms from providers other than BT, Spiers maintained that client best interest remains paramount for the group, which, he said, is part of the appeal. "If a client for example has an existing platform ...

Treasury Group commits to Evergreen

LINDA HAUSKEN  |  WEDNESDAY, 30 MAY 2012
Treasury Group has acquired a minority equity interest in the absolute return manager, Evergreen Capital Partners. Treasury Group (TRG) has acquired a 30% stake in Evergreen in return for an upfront payment of $1.4 million plus a further deferred amount ...

Demand for US Treasuries outstrips supply

ALEX DUNNIN  |  WEDNESDAY, 30 MAY 2012
... investors will tolerate. They could even fall below 1.5%, Bloomberg reported. While yields so low reduce the relative interest bill the US government has to pay on its debt, though not its absolute amount, the downside is it provides no incentive to ...

Fisher Investments makes Australian move

BEN COLLINS  |  TUESDAY, 29 MAY 2012
... "We feel our top-down, macro-driven equity strategies offer unique investment solutions to the Australian marketplace. Interest has been strong. "The market represents about a $1.2 trillion opportunity and continues to grow rapidly." Fisher Investments ...

Churning needs to be tackled with underwriters

BEN COLLINS  |  TUESDAY, 29 MAY 2012
The issue of 'churning' in the life insurance industry need to be tackled at the underwriting phase, according to boutique licensee Synchron. "Every application for every form of life insurance captures information about existing Insurances," said Synchron ...

Equipsuper pulls plug on Vision merger

MELANIE TIMBRELL  |  MONDAY, 28 MAY 2012
The board of Equipsuper has voted unanimously to withdraw from its planned merger with Vision Super. Equipsuper has cited differences at Board level on the investment model to be employed as the motive behind the decision, although integration of the ...

Coalition clears up FOFA questions

MELANIE TIMBRELL  |  MONDAY, 28 MAY 2012
... messier with every iteration of new documentation that comes out of the government. "We will improve the definition of best interest duty and will ensure there us clarity around the provision of standard advice and we will further refine the ban on commissions ...