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

Search Results

Showing 1101 - 1110 of 3671 results for "Maintain"

Chief economist update: COVID with a vengeance

BENJAMIN ONG  |  WEDNESDAY, 13 JAN 2021
... before its scheduled meeting on the February 4. At its December 2020 meeting, the UK central bank voted unanimously to maintain Bank Rate at a record low of 0.1% and the size of its bond-buying program at £875 billion. Then again, at the time, it expected ...

Tasplan says goodbye to lifecycle MySuper

KANIKA SOOD  |  MONDAY, 11 JAN 2021
... bps per year in fees), Sustain (members aged 50 to 54 years, 54 bps), Control (members aged 55 to 59 years, 48 bps) and Maintain (members 60 years or older, 39 bps). The balanced option, to which Tasplan will transfer all lifecycle accounts, will have ...

Foreign investors face tip offs

ANNABELLE DICKSON  |  TUESDAY, 22 DEC 2020
... Frydenberg said that while the majority of foreign investors comply with the law, Australians expect the government to maintain a high level of enforcement. "Australia welcomes foreign investment for the significant benefits it provides but the government ...

Charles Schwab fails consumers, cops fine

KARREN VERGARA  |  TUESDAY, 22 DEC 2020
Charles Schwab UK has been fined $15.6 million for failing to protect consumers and lying to the regulator. CSUK has to cough up GBP8.96 million for a number for safeguard and compliance failures, the UK's Financial Conduct Authority has found, noting ...

Jail time for tax adviser

ELIZABETH MCARTHUR  |  TUESDAY, 22 DEC 2020
The Federal Court has sentenced a tax adviser to seven and a half months in prison and fined him $640,000. Brisbane-based Kent Scott Hacker will spend Christmas behind bars after receiving the seven and a half months sentence. He, and his related companies ...

DomaCom partners for Sharia-compliant home loans

KANIKA SOOD  |  MONDAY, 21 DEC 2020
Fractional property investor DomaCom and Islamic wealth firm Crescent Group have entered a partnership to offer a new home finance product aimed at 700,000 Muslim Australians. DomaCom and Crescent Group have entered exclusive heads of agreement with ...

Chief economist update: Fed acts with inaction

BENJAMIN ONG  |  THURSDAY, 17 DEC 2020
... Committee decided to keep the target range for the federal funds rate at zero to 0.25% and expects it will be appropriate to maintain this target range until labor market conditions have reached levels consistent with the Committee's assessments ...

Active manager winning streak short lived

KARREN VERGARA  |  WEDNESDAY, 16 DEC 2020
... in this bracket. REITs (18.8%) were the least persistent in staying above the fray, while bond funds (75%) tended to maintain top-quartile rankings. Over a five-year period to June 2020, only a third (31.3%) of the 166 funds analysed remained in the ...

Reporting rules for charities relaxed

KANIKA SOOD  |  WEDNESDAY, 16 DEC 2020
... should be reduced while retaining transparency and trust. "The reforms will simplify financial reporting requirements and maintain transparency to ensure charities can dedicate more of their time and resources to assist vulnerable communities," Treasury ...

Aussie, Lendi to merge

ELIZABETH MCARTHUR  |  WEDNESDAY, 16 DEC 2020
... and Commonwealth Bank have entered into an agreement to merge Lendi with Aussie Home Loans. The merged business will maintain a multi-brand strategy but Lendi will also access the more recognisable Aussie brand name and its national network of 970 brokers ...