Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1051 - 1060 of 2198 results for "In March"

CBA contemplates CommInsure sale

ALEX BURKE  |  WEDNESDAY, 9 AUG 2017
... CommInsure was cleared of allegations of medical misconduct and systemic claims handling issues by ASIC and Deloitte in March, CBA's announcement nonetheless follows a troubled year for the insurer. In August 2016, CareSuper opted to award its life insurance ...

Powered by low-flation

BENJAMIN ONG  |  MONDAY, 31 JUL 2017
... spending. The implicit price deflator for personal consumption eased to 1.6% in the year to the June quarter from 2% in March. Moreover, according to the Bureau of Economic Analysis (BEA): "Prices of goods and services purchased by US residents increased ...

Industry fund and wealth manager finalise integration

EMMA RAPAPORT  |  FRIDAY, 28 JUL 2017
... StatePlus investment team. First State Super reached a binding settlement agreement with State Super to acquire StatePlus in March 2016 for a reported $1 billion, creating the largest member-owned financial planning network in Australia. The combined ...

Cheaper imports

BENJAMIN ONG  |  FRIDAY, 28 JUL 2017
... a 1.2% increase in the previous three-month period. Year-on-year, import prices quickened to 0.3% in June from -0.6% in March - one that according to the ABS is due to the "depreciation of the Australian dollar against major trading currencies". All ...

Westpac and Charter Hall in talks over infrastructure manager

DARREN SNYDER  |  MONDAY, 24 JUL 2017
... recently it was part of a winning consortium that secured the NSW Government's sale of land titling and registry operations. In March, Hastings also awarded an infrastructure debt mandate from the Development Bank of Japan.

Investment managers turning to hungry retail market

ALEX BURKE  |  MONDAY, 24 JUL 2017
... equities manager which appointed Equity Trustees as responsible entity for the retail versions of its two wholesale funds in March. Advisers and retail investors will now have access to the CI Global Equities Fund and CI Global Equities Fund (unhedged) ...

APRA sets new capital target for the big four

ALEX BURKE  |  WEDNESDAY, 19 JUL 2017
... said. APRA's finalised target follows the regulator expressing concerns regarding the banks' risky lending practices in March, noting that lending on interest-only terms represented about 40% of the stock of residential mortgage lending. APRA said this ...

Former AFA chief executive joins advice practice

JAMIE WILLIAMSON  |  TUESDAY, 4 JUL 2017
... assist wealth management firm Stanford Brown with its plans for expansion. Brad Fox, who resigned as AFA chief executive in March after four years in the role, will join Stanford Brown's board as a non-executive director. The appointment marks the first ...

Australian end of financial year sale

BENJAMIN ONG  |  FRIDAY, 30 JUN 2017
... risen to 2.27% overnight, they're still lower than the 2.44% rate at the start of 2017 and the high of 2.63% recorded in March. Then there was Super Mario of the ECB whose comment that, "deflationary forces have been replaced by reflationary ones", were ...

FoFA should also protect retail banking customers: FSU

KARREN VERGARA  |  THURSDAY, 29 JUN 2017
... bank opening more than two million fraudulent accounts without customers' consent over 15 years. Wells Fargo announced in March it had settled the class action for US$142 million for customers affected. Angrisano added the number of FSU members who are ...