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Showing 1321 - 1330 of 3673 results for "Maintain"

Westpac AUSTRAC bill continues to grow

ELIZABETH MCARTHUR  |  TUESDAY, 14 APR 2020
Westpac today announced expected increased costs associated with AUSTRAC proceedings of $1.03 billion. On top of that, the bank has increased provisions for customer refunds, repayments and litigation by $260 million. It's also had to write down ...

Big four urged to pay up dividends

ALLY SELBY  |  TUESDAY, 14 APR 2020
... retirees. Plato Investment Management said underwritten DRPs would help address concerns on the ability of the big four to maintain capacity while still paying investors dividends. "We know many of Australia's traditional income stocks have dividend ...

Isolated advisers enter the digital age

ALLY SELBY  |  THURSDAY, 9 APR 2020
In an industry known for its reliance on pen and paper, financial advisers have been quick to pivot their business models in the face of COVID-19 and embrace technology. For tech-savvy advisers the COVID-19 spurred shutdown will likely see no material ...

Australia's AAA rating at risk

ELIZA BAVIN  |  THURSDAY, 9 APR 2020
S&P Global Ratings revised Australia's AAA credit rating outlook to negative in the wake of the economic impacts of COVID-19. The AAA credit ratings for NSW and Victoria were also revised to "negative" by S&P. The outlook revision does not guarantee ...

Big banks cop a beating

ELIZA BAVIN  |  WEDNESDAY, 8 APR 2020
... the banks could be downgraded further. "The implications, per Fitch's criteria, are that we would expect banks to maintain stronger financial profiles - particularly for key financial metrics - than is the case with an operating environment assessment ...

FPA launches benchmarking tool

ALLY SELBY  |  WEDNESDAY, 8 APR 2020
... innovation will further elevate the services we offer as the peak professional body and ensure FPA professional practices maintain strong, sustainable business models set for long-term growth," he said. Members can sample a "light" version of the index ...

Not safe to launch: APRA

HARRISON WORLEY  |  WEDNESDAY, 8 APR 2020
... them to limit discretionary capital distributions in the coming months, to ensure that they instead use buffers and "maintain capacity to continue to lend and underwrite insurance". "This includes prudent reductions in dividends, taking into account ...

Super should shape up on unlisted valuations: WTW

ELIZABETH MCARTHUR  |  WEDNESDAY, 8 APR 2020
Superannuation funds, including AustralianSuper, Hostplus and Rest, have been slashing the value of their unlisted assets - now Willis Towers Watson is interrogating why. In a new paper, Willis Towers Watson senior investment consultant Nick Kelly said ...

Mayfair 101 accused of misleading advertising

ELIZABETH MCARTHUR  |  MONDAY, 6 APR 2020
ASIC is taking Mayfair 101 to court alleging that the investment manager misled consumers in its advertising. At issue is Mayfair's use of Google Ad Words and Bing Ads as well as claims Mayfair made that ASIC says were false, misleading or deceptive. ...

Self-isolation to accelerate secular trends

HARRISON WORLEY  |  THURSDAY, 2 APR 2020
The world's new reality will soon be defined by social distancing and self-isolation. And while that might be sad for most of us, some stand to benefit incredibly from the new normal. Speaking with Financial Standard, Antipodes Partners chief investment ...