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Showing 931 - 940 of 14210 results for "Interest"

AustralianSuper replaces retirement lead

ELIZABETH FRY  |  FRIDAY, 6 DEC 2024
AustralianSuper's head of member products, guidance and advice has been promoted to general manager of retirement. This a larger role for Shane Hancock who has been responsible for all superannuation, insurance, and retirement products since 2022. ...

World on the brink: Frontier Advisors

ANDREW MCKEAN  |  FRIDAY, 6 DEC 2024
... their upward trajectory to historically high levels, with deficits "not expected to narrow soon." It said recent higher interest rates have "materially raised the cost of debt," and while central banks' transition to cutting interest rates, which should ...

MLC trustees to pay $65m in MySuper class action settlement

JAMIE WILLIAMSON  |  FRIDAY, 6 DEC 2024
... higher fees, commissions and lower investment returns, as well as a reduction in the amount members would have received in interest on their savings. It was due to go to a four-week hearing in mid-November, but the matter has now been settled for $64.25 ...

HMC Capital makes $950m acquisition

ELIZA BAVIN  |  THURSDAY, 5 DEC 2024
... to achieve decarbonisation targets," HMC chief executive David Di Pilla said. "We have received a significant level of interest from domestic superannuation funds to be foundation investors in HMC's energy transition platform who are attracted to both ...

2025 economic outlook 'threatening': AMP

ELIZA BAVIN  |  THURSDAY, 5 DEC 2024
... commodity prices are in a mild downtrend from their 2022 high," he said. Second, central banks are likely to continue cutting interest rates. This is expected to include the RBA where quarterly trimmed mean inflation is likely to soon drop to around ...

Treasury gives Tranche 2 reform package preview

JAMIE WILLIAMSON  |  WEDNESDAY, 4 DEC 2024
... they fail, may incur civil penalties. Abood welcomed this surprise inclusion, saying many FAAA members have expressed interest in employing these advisers as a means of offering more affordable, simple advice to more clients or the children of clients. ...

Cbus lacks stringent director, expenditure policies: Deloitte

JAMIE WILLIAMSON  |  WEDNESDAY, 4 DEC 2024
... appropriate. Further, while deeming Cbus to have a "high level of maturity" in the way its board manages director conflicts of interest, Deloitte also noted that the potential conflicts of interest that could arise from directors' affiliation with ...

Trustees, advisers have 'insufficient focus' on performance

ELIZA BAVIN  |  WEDNESDAY, 4 DEC 2024
ASIC commissioner Alan Kirkland had told financial advisers and superannuation trustees that more needs to be done to ensure better retirement outcomes for Australians. It comes after ASIC released its superannuation choice products and their focus ...

Half of advice, super complaints result in no remedy

ELIZA BAVIN  |  WEDNESDAY, 4 DEC 2024
ASIC has released its first publication of industry-wide data reported under the internal dispute resolution (IDR) data reporting framework, flagging concerns firms are not reporting data accurately. Under the IDR framework, most licensed financial ...

Dividends to be down in FY25: Equity Trustees

ELIZA BAVIN  |  TUESDAY, 3 DEC 2024
... FY26." Thompson said domestic GDP growth is expected to remain at or below 2% in CY25 as the lagged impact of higher interest rates and weakening consumer spending continue to bite. Additionally, Thompson said businesses will face margin pressures as ...