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Showing 9741 - 9750 of 14214 results for "Interest"

Govt provides reverse mortgage guarantees

ELISE BURGESS  |  MONDAY, 8 AUG 2011
The Federal Government has made its first move in the race to fiscally manage the ageing population, with the release of draft legislation to increase protection around reverse mortgages. Assistant Treasurer and Minister for Financial Services and Superannuation ...

Market Wrap - Morning

AAP  |  MONDAY, 8 AUG 2011
... boost the US economy. China will also release important inflation figures on Tuesday that will guide whether it raises interest rates. On Friday, Australian stocks closed at their lowest level since July 2009. It was the biggest one-day percentage fall ...

ANZ fears regulation could hamper scaled advice

MATT WOODINGTON  |  FRIDAY, 5 AUG 2011
ANZ Wealth head Paul Barrett believes that the current definitions of 'best interest' advice could halt the industry's migration into the world of scaled advice. Speaking at the Financial Services Council (FSC) conference, Barrett spoke of the need ...

FSC insurance churn action divides planners

MATT WOODINGTON  |  FRIDAY, 5 AUG 2011
... Financial Services Council aimed at reducing churn in the insurance market will lead to some penalties for acting in the best interest of a client. Financial Services Council (FSC) chief executive officer John Brogden announced plans to introduce a new ...

Markets crash as recession fears hit

ALISON BEVEGE  |  FRIDAY, 5 AUG 2011
... respond to a second recession the way they did to the global financial crisis. Most major western countries cannot cut interest rates dramatically as they are already near zero and governments cannot provide great wads of fiscal stimulus the way they ...

Buy the fear

BENJAMIN ONG  |  FRIDAY, 5 AUG 2011
... recessions have always been preceded by an inverted yield curve. Here, also recall former Fed Chairman Alan Greenspan's "interest rate conundrum" talks in the mid-2000's - when the yield curve inverted in 2006 and yet no one even dreamed a recession ...

Market woes cause adviser headache

ALISON BEVEGE  |  THURSDAY, 4 AUG 2011
... a problem. "The income stream is not cyclical and their debt costs are hedged," he said. Invocare listed $643,000 in interest rate swap contracts as a cash flow hedge in 2010 and had revenue of $272.6 million. Financial advisers are expected to have ...

Rates rise in Italy while Cypriot pension funds withdraw cash

ALISON BEVEGE  |  WEDNESDAY, 3 AUG 2011
... political tensions. The Bank of Italy said each percentage point rise in Italy's debt yields adds 3 billion euros to interest payments in the first year, and double this in the second, according to news reports. Elsewhere in the troubled region, Cypriot ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 3 AUG 2011
... on Tuesday. The Australian dollar has fallen steadily since the Reserve Bank of Australia (RBA) announced it kept the interest rate at 4.75 per cent on Tuesday afternoon. RBA governor Glenn Stevens, in a short statement with the decision, said that while ...

SMSFs stockpiling cash, weighted to banks

ALISON BEVEGE  |  TUESDAY, 2 AUG 2011
... holdings for the 1600 SMSFs administered by self-managed super administration provider Multiport have grown by 1% and fixed interest investments have increased 1.3% in the quarter, the report said. Total cash holdings increased to 22.8% of SMSF holdings ...