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

Search Results

Showing 1411 - 1420 of 3114 results for "November 2008"

Chief economist update: Hostage to speculations

BENJAMIN ONG  |  FRIDAY, 16 MAR 2018
The Bank of Japan (BOJ) faces an uphill battle in its quest to normalise monetary policy if economic and financial market agents continue to "hear what they want to hear and see what they want to see." The yen rose to its highest level since November  ...

No room for complacency: Rowell

KANIKA SOOD  |  MONDAY, 12 MAR 2018
APRA will monitor trustees closely as to how they set, assess, and work towards performance goals for their superannuation fund in 2018. APRA deputy chair Helen Rowell said in Canberra recently that trustees will have to set strategic objectives, keep ...

Chief economist update: Next move in rates will likely be up, but it's not certain

BENJAMIN ONG  |  WEDNESDAY, 7 MAR 2018
"You may have noticed that at yesterday's meeting, the Reserve Bank Board left the cash rate unchanged at 1.5%, where it has been since August 2016." This is what RBA Governor Philip Lowe told his audience at the Australian Financial Review Business ...

AXA inks $20 billion deal, pivots insurance business strategy

JAMIE WILLIAMSON  |  TUESDAY, 6 MAR 2018
AXA is adjusting the focus of its global insurance business, beginning with the $20 billion acquisition of a global property and casualty commercial lines insurer. It's a move away from its dominant life business. AXA has entered into an agreement to ...

FOS submission points finger at advisers

JAMIE WILLIAMSON  |  MONDAY, 5 MAR 2018
Financial advisers account for more than one-third of all serious misconduct issues identified by the Financial Ombudsman Service since early 2012. In a submission to the Royal Commission, FOS attributed 39% of serious misconduct identified in the last ...

Xero appoints former Microsoft Australia chief

ALEX BURKE  |  MONDAY, 5 MAR 2018
Xero has named its new chief executive, succeeding founder Rod Drury. Steve Vamos will take the reins at Xero on April 1. Vamos is the former chief executive of Microsoft Australia and New Zealand as well as Asia-Pacific managing director at Apple. ...

Wearables driving life insurance engagement

KARREN VERGARA  |  FRIDAY, 2 MAR 2018
A renewed focus on health and wellbeing is proving to be the key to engaging members with their life insurance. Since launching its fitness and wellness program four years ago with South African insurer Discovery, AIA Australia's Vitality leads the ...

Complaints authority welcomes new chair

KARREN VERGARA  |  THURSDAY, 1 MAR 2018
The Federal Government has appointed a former politician to chair the new one-stop-shop financial complaints body. Helen Coonan, who was a long-serving Federal senator and cabinet minister, is the chair of the newly legislated Australian Financial Complaints ...

Former FPA chief steps down from board

JAMIE WILLIAMSON  |  THURSDAY, 1 MAR 2018
The former chief executive of the Financial Planning Association of Australia has farewelled the industry body, stepping down from the board to make way for a new director. Completing his term as a board director yesterday, Mark Rantall was FPA chief ...

Netwealth doubles managed account FUM

JAMIE WILLIAMSON  |  WEDNESDAY, 28 FEB 2018
Netwealth saw significant growth in its managed accounts offering during the first half of the 2018 financial year. Reporting a 107% rise on the prior corresponding period, Netwealth's suite of managed accounts now hold $1.4 billion in funds under management. ...