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

Search Results

Showing 1201 - 1210 of 8612 results for "Lower"

AMP trims platform fees

KANIKA SOOD  |  THURSDAY, 6 MAY 2021
... business came down from 61bps to 56bps in the two years. AMP said the margin drop of 5bps came from clients moving towards the lower-margin North platform (4bps impact) and grandfathered commissions coming off (1bps). Today's announcement did not ...

CountPlus firm finalises merger

ANNABELLE DICKSON  |  THURSDAY, 6 MAY 2021
... network." CountPlus currently owns 100% of Cooper Reeves and will retain a 51% stake in the merged firm. Despite having a lower shareholding, CountPlus expects positive earnings for shareholders. "The merger of Cooper Reeves with 4Front is another example ...

Chief economist update: Japan's elusive virtuous cycle

BENJAMIN ONG  |  THURSDAY, 6 MAY 2021
... saying: "Although the level of Japan's economic activity, mainly in the face-to-face services sector, is expected to be lower than that prior to the pandemic for the time being, the economy is likely to recover, with the impact of the novel coronavirus ...

Chief economist update: The Fed and Australia

BENJAMIN ONG  |  TUESDAY, 4 MAY 2021
... bad and ugly. The good. Higher US interest rates would lift the US-Australia interest rate differential and by extension, lower the A$/US$ exchange rate. Onya Australia! The cheaper A$ lifts the competitiveness of "Made in Australia" products and services ...

Rise of the mega funds continues

ANNABELLE DICKSON  |  MONDAY, 3 MAY 2021
... few years, we will see an increase in scale of the 'mega' funds and a widening gap between the 'sub-mega' funds and those lower down." As at 30 June 2020, industry funds accounted for 29.6% of the industry. KPMG predicts that by 30 June 2021 they will ...

Westpac profit climbs, executive leaves

ANNABELLE DICKSON  |  MONDAY, 3 MAY 2021
... mainly due to an impairment benefit reflecting improved asset quality and a better economic outlook. Notable items were also lower. We improved balance sheet strength, with our Common Equity Tier 1 capital ratio rising 153 basis points to 12.34%," Westpac ...

Mandates will flow to transparency: Survey

ELIZABETH MCARTHUR  |  FRIDAY, 30 APR 2021
... investors allocate money. Some 42% of those surveyed anticipate a dramatic increase in investment outflows from funds with lower levels of reporting and transparency, and a further 32% believe there will be a slight increase. The other major trend identified ...

OpenMarkets hires, acquires, preps for IPO

ELIZABETH MCARTHUR  |  FRIDAY, 30 APR 2021
OpenMarkets has made a series of senior appointments as it prepares for an initial public offering. Naseema Sparks has been appointed chair, Andrew Rutherford and Paul Rayson are new non-executive directors and Bob Alexander is now executive director ...

Westpac settles life insurance class action

ELIZABETH MCARTHUR  |  WEDNESDAY, 28 APR 2021
... informed by Westpac that they could obtain substantially similar or better policies of insurance from alternative insurers for lower premiums. Shine estimated that 80,000 Australians had purchased the overpriced Westpac Life policies. The class action ...

Cboe Chi-X takeover progresses

ELIZABETH MCARTHUR  |  TUESDAY, 27 APR 2021
... returns of the ASX 300 over the medium to long term. "The premise of the fund is that it aims to achieve those returns with lower volatility than the broad market. So essentially smoothing the ride for investors," AllianceBernstein Australia chief executive ...