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

Search Results

Showing 1551 - 1560 of 9412 results for "Level"

Government advances adviser levy drop

KARREN VERGARA  |  THURSDAY, 11 NOV 2021
The federal government is forging ahead with slashing the financial adviser levy by more than a third for those that provide retail advice. Corporate watchdog ASIC today updated its 2020-21 Cost Recovery Implementation Statement, which lays out how ...

Supply chain issues push up retiree expenses

KARREN VERGARA  |  THURSDAY, 11 NOV 2021
... supply chain bottlenecks that is putting inflationary pressures on many goods. During the quarter, fuel reached a record level, jumping 7.1% due to higher global oil prices amid economic recovery and supply disruptions. The cost of furniture (+3.8%) ...

Cbus to create rainy day fund to cover fines

ELIZABETH MCARTHUR  |  THURSDAY, 11 NOV 2021
... penalties issued by regulators." The spokesperson clarified that it is the intention of the trustee to gradually build a level of capital to support financial resilience through a fee charged against Cbus' reserves - a fee paid by members is not currently ...

The search for income outside defensive assets

ANNABELLE DICKSON  |  THURSDAY, 11 NOV 2021
The eighth wonder of the world, compound interest, has been diminished and retirees must look elsewhere in their search for yield. Speaking at the Financial Standard Best Practice Forum on Retirement Income, Fidelity International cross asset investment ...

Organisations, employees disagree on work arrangements

ANNABELLE DICKSON  |  WEDNESDAY, 10 NOV 2021
... say they are strongly satisfied that office spaces are ready for hybrid working. "Clearly, there's an awareness on some level that immature workforce strategies will lead to employee discontent and that work should be led by what people actually need," ...

NAB posts bumper profit

ANNABELLE DICKSON  |  TUESDAY, 9 NOV 2021
National Australia Bank recorded a 76.85% increase in cash earnings to $6.56 billion in its full-year results and outlined a new oil and gas policy. The big four bank also report a statutory net profit of $6.36 billion, up from $2.50 billion in 2020. ...

ETF inflows reach $2.4bn

ANNABELLE DICKSON  |  TUESDAY, 9 NOV 2021
Net flows in exchange traded funds (ETFs) hit $2.4 billion for the month of October, which has more than offset asset value declines, new data shows. BetaShares' latest Australian ETF Review for the month ending October 2021 revealed the top ETF by ...

Australia Post Super Scheme cuts premiums by 10%

ELIZABETH MCARTHUR  |  THURSDAY, 4 NOV 2021
... in the fund reducing premiums by 10%. The reduction is for APSS spouse and rollover accounts and applies to all ages and level of cover. APSS has also joined many other funds in changing the definition by which it assesses TPD claims, ditching the rigid ...

CFA Institute launches new ESG standard

ELIZABETH MCARTHUR  |  WEDNESDAY, 3 NOV 2021
... voluntary and can be applied to all investment vehicles, asset classes and ESG approaches. For example, it requires portfolio-level disclosure from managers on how ESG metrics are measured - not just what ESG metrics are measured. It requires managers ...

Governments must act on net zero: Morningstar

ANNABELLE DICKSON  |  WEDNESDAY, 3 NOV 2021
... action as part of their pandemic recovery plan. But they can vary considerably in terms of their timeframe, scope, and stated level of ambition," the report said. There are currently 128 asset managers with US$43 trillion in assets under management that ...