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

Search Results

Showing 141 - 150 of 471 results for "Tier"

End of the road for advice qualifications

JAMIE WILLIAMSON  |  TUESDAY, 24 NOV 2020
... deregistered the FNS50615 Diploma of Financial Planning, FNS60415 Advanced Diploma of Financial Planning and a further three Tier 1 personal advice units of competency in financial planning, margin lending and superannuation. According to Rainmaker analysis ...

Vanguard, Fidelity, BetaShares rank low on ESG: Report

ELIZABETH MCARTHUR  |  MONDAY, 23 NOV 2020
... third-party vendors and collaborate with the asset-class analysts to assign companies ESG ratings that take the form of a six-tier, alphabetical, sector-relative scale." Editor's note: This story has been updated to clarify that the information presented ...

APRA reduces CBA capital requirement

ANNABELLE DICKSON  |  FRIDAY, 20 NOV 2020
... concerns. The $1 billion capital add-on has been halved to $500 million with immediate effect and increases CBA's common equity tier one capital by 17 basis points. APRA imposed the additional capital requirement on the bank in May 2018 as part of its ...

Asset managers want action on modern-day slavery

KARREN VERGARA  |  THURSDAY, 12 NOV 2020
... coalition is urging companies to action, like conduct a detailed risk-based mapping exercise of their supply beyond first-tier suppliers, build strong relationships with suppliers by consolidating supply chains, and price goods and services in a way ...

CBA feels pressure of low rates, profits down

ANNABELLE DICKSON  |  WEDNESDAY, 11 NOV 2020
... 46,000 loans totalling $19 billion in deferral, down from 125,000 totalling $49 billion in June. The bank's common equity tier one ratio increased 20 basis points to 11.8% after the $1.7 billion payment in final dividends to shareholders. Comyn said ...

DomaCom to deliver affordable housing

ANNABELLE DICKSON  |  MONDAY, 9 NOV 2020
... will both deliver attractive investment returns whilst also providing affordable housing to essential workers." BlueCHP is a tier one community housing provider and can access low-cost government housing loans via the National Housing Finance and Investment ...

Westpac profits down on AUSTRAC fine

ANNABELLE DICKSON  |  MONDAY, 2 NOV 2020
... of intangibles and $123 million towards asset sales and revaluations. Despite the dismal results, the bank's common equity tier one capital ratio rose 46 basis points to 11.13%. Its specialist businesses division which includes superannuation platforms ...

NAB adds to wealth client remediation

ANNABELLE DICKSON  |  FRIDAY, 23 OCT 2020
... pandemic with more staff working from home. The remediation provisions and impairment charge is set to reduce its common equity tier one capital ratio by around 15 basis points. It comes as NAB increased its customer remediation provisions back in April ...

ClearView seeks to raise at least $40m

ELIZA BAVIN  |  WEDNESDAY, 21 OCT 2020
... corporate and capital management purposes. This will include repaying existing indebtedness of ClearView and support funding of tier 2 capital of a regulated entity within the ClearView group. The notes will have a notional face value of $10,000 per ...

Super fund chief to retire

JAMIE WILLIAMSON  |  MONDAY, 19 OCT 2020
... straightforward MySuper benefits to meatworkers at minimal cost and at lower investment risk, has also been able to produce top tier investment performance, is a tribute to Bill's skill and dedication," White said. "On behalf of the board, staff and ...