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

Search Results

Showing 141 - 150 of 259 results for "SWIFT"

Labor proposes RC implementation task force

KANIKA SOOD  |  FRIDAY, 28 SEP 2018
If Labor comes to power, it will set up a dedicated task force to implement the Royal Commission's final recommendations due next year. Responding to the interim report, acting opposition leader Tanya Plibersek told a media conference in Sydney ...

NAB initially under-reported remediation bill to ASIC

KANIKA SOOD  |  MONDAY, 13 AUG 2018
... This included $12.4 million owed to 108,000 customers of MLC's employee retirement plan (TERP) and about $21.6 million to SWIFT and Encompass customers. The same day, NAB chief customer officer Andrew Hagger called then ASIC commissioner Greg Tanzer ...

Former NULIS chair faces Royal Commission

KANIKA SOOD  |  TUESDAY, 7 AUG 2018
... faced the Royal Commission this afternoon as it resumed hearings on day two of the fifth round. When MLC introduced its SWIFT package of adviser fee changes in 2012, it went through the board under Smith's watch. Smith said her understanding of the ...

Equity Trustees responds to GAM suspension

JAMIE WILLIAMSON  |  TUESDAY, 7 AUG 2018
Equity Trustees halted applications into and redemptions from two GAM Investments funds following the suspension of the global manager's fixed income investment director. In a letter to unitholders, Equity Trustees - as responsible entity for the ...

APRA tells banks to prepare for financial storm clouds

HARRISON WORLEY  |  THURSDAY, 12 JUL 2018
The chairman of Australia's prudential regulator wants banks to take advantage of a relatively good climate and build financial resilience before storm clouds form. Speaking at an Australian Business Economists lunch yesterday, APRA chairman Wayne Byres ...

ASIC takes financial planner to court

KANIKA SOOD  |  TUESDAY, 3 JUL 2018
... of Gordon's former clients loaned $1.4 million to the company. According to ASIC, Gordon and his partner Heather Jean Swift used the SMSF loans' money for their own and Swift's company Consultia Super's benefit. ASIC will go to the Brisbane ...

BTFG boss backs PC super proposals

KANIKA SOOD  |  THURSDAY, 7 JUN 2018
BT Financial Group supports key recommendations of the Productivity Commission's most recent superannuation report, saying the Westpac-owned business would welcome moving away from an "open market" MySuper model. BTFG chief executive Brad Cooper ...

Chief economist update: It's not just the trade war

BENJAMIN ONG  |  MONDAY, 26 MAR 2018
... his administration has told China it wants trade deficit [with China] reduced by $100 billion." China's retaliation was swift but modest. It announced just US$3 billion worth of US imports into Beijing, although media reports noted the Middle Kingdom ...

US firm hires QIC analyst in Australian expansion

ALEX BURKE  |  THURSDAY, 30 NOV 2017
A Silicon Valley-based firm co-founded by a former QIC chief strategist has recruited a new head of quantitative modelling. David Priest joins Jacobi Strategies from QIC, where he was a quantitative strategist. Prior to that, he was a quantitative analyst ...

Financial services industry welcomes 'Yes' result

EMMA RAPAPORT  |  WEDNESDAY, 15 NOV 2017
Leaders from across the financial services industry have welcomed the 'Yes' vote in favour of legalising same-sex marriage. Zurich, Vanguard, Westpac, Australian Ethical and CBA have all expressed delight at the result and affirmed their commitment ...