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

Search Results

Showing 121 - 130 of 257 results for "Equate"

Industry funds call for super shortfall reform

JAMIE WILLIAMSON  |  FRIDAY, 18 MAY 2018
The likelihood of a comfortable, self-sufficient retirement will diminish over the next decade for about 3.1 million Australians, according to new research. Recent findings from AustralianSuper and Cbus suggest the changing nature of work will create ...

CBA enters APRA EU

JAMIE WILLIAMSON  |  TUESDAY, 1 MAY 2018
APRA has accepted an Enforceable Undertaking from Commonwealth Bank, having determined the bank's operational risk management framework "worked better on paper than in practice." Releasing the final report of its prudential inquiry into CBA, the regulator ...

FASEA standards still lacking: FPA

ALEX BURKE  |  THURSDAY, 5 APR 2018
The Financial Adviser Standards and Ethics Authority education standards do not give sufficient recognition to existing advisers who have completed study, according to FPA chair Neil Kendall. The FPA has issued an online questionnaire to its 13,700 ...

FASEA releases draft degree equivalence, Code of Ethics

JAMIE WILLIAMSON  |  TUESDAY, 20 MAR 2018
The Financial Adviser Standards and Ethics Authority released its proposed degree equivalence guidelines for existing advisers, as well as its draft Code of Ethics. Under the proposed requirements, existing financial advisers with a bachelor's degree ...

More female clients requires more female advisers

JAMIE WILLIAMSON  |  THURSDAY, 8 MAR 2018
... companies meet our target of 30%, ACSI chief executive Louise Davidson said. Davidson said that one female director does not equate to gender diversity, urging all companies to articulate clear targets and timeframes for achieving them. New research ...

AustralianSuper slashes insurance premiums

KARREN VERGARA  |  WEDNESDAY, 14 FEB 2018
... our ongoing effort to improve services to members," Kerlin said. By way of example, Kerlin said default insurance costs equate to around 0.8% of salary over the member's lifetime in the fund, compared with the code's maximum of 1%. "Importantly, this ...

ANZ attempts sale to Chinese conglomerate, blocked by NZ regulator

ALEX BURKE  |  THURSDAY, 21 DEC 2017
ANZ's attempted sale of a subsidiary business to a Chinese firm has been blocked by New Zealand's Overseas Investment Office. HNA Group has been in talks to purchase UDC Finance, an asset financing firm acquired by ANZ Bank New Zealand in 1980. ANZ ...

C is the key

BENJAMIN ONG  |  WEDNESDAY, 22 NOV 2017
... This compares with I (16.6%); G (17.5%) and exports (12.0%) - imports subtract from growth (-14.8). The figures do not equate to 100% (100.2%) due to rounding but the point is that the consumer is king and given latest stats they're feeling like one ...

New consultancy bridges IFA support gap

KARREN VERGARA  |  WEDNESDAY, 1 NOV 2017
The rate financial advisers are leaving vertically integrated channels has motivated two industry experts to establish a "ruthlessly independent" community. GreenZone Australia co-founder and partner, Geoff Rimmer, said a significant number of advisers ...

Numbers and needs of female HNWs set to grow

JAMIE WILLIAMSON  |  THURSDAY, 17 AUG 2017
... paying greater attention. "If just 1% of these female entrepreneurs move all the way up to the HNW segment, this would equate to 750 new HNW female entrepreneurs - a considerable opportunity for wealth managers," GlobalData senior wealth management analyst ...