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

Search Results

Showing 1621 - 1630 of 4879 results for "FAR"

Time ticks by on FASEA approvals

HARRISON WORLEY  |  THURSDAY, 16 MAY 2019
... courses have been submitted to the authority for accreditation by the cut-off date of April 12. However, FASEA said it had so far made no approvals in relation to the applications it had received. And according to its update, the approval process will ...

Chief economist update: Low unemployment, low wages growth conundrum

BENJAMIN ONG  |  THURSDAY, 16 MAY 2019
"Annual wages in seasonally adjusted terms grew 2.3% for the third quarter in a row. The main contributors to growth over the quarter were regularly scheduled wage rises in the health care and social assistance and education and training industries ...

Bennelong adds Asian equities boutique

KANIKA SOOD  |  TUESDAY, 14 MAY 2019
... Bennbridge strikes a strategic partnership with UK firm Smith & Wiliamson. Andrews has been responsible for Smith &Williamson's far eastern income and growth fund since she joined the firm in 1996 and the firm's oriental growth fund which she ...

Super fund names new life insurer

KARREN VERGARA  |  MONDAY, 13 MAY 2019
A $12 billion superannuation fund awarded its life insurance contract to a new provider, ending a seven-year partnership with OnePath. TAL will take over from 1 July 2019 as LGIAsuper's group life insurance partner. LGIAsuper chief executive Kate Farrar ...

CBA remediation bill crosses $2bn

KANIKA SOOD  |  MONDAY, 13 MAY 2019
... pushing its total to date over $2.17 billion. The third quarter addition was flagged by CBA in company filings this morning. So far, CBA has spent or provisioned $534 million on remediating advice clients, $459 million on refunding wealth customers and ...

Chief economist update: Countdown to T-day

BENJAMIN ONG  |  FRIDAY, 10 MAY 2019
... decline in most benchmark equity indices across the planet heading into T-day) and switched to the safety of the bond market. So far, it's still good. Despite recent selling, equity markets are still up this year to date. The S&P 500 remains 14.5% ...

ACSI calls for ESG, stronger stewardship

ELIZABETH MCARTHUR  |  WEDNESDAY, 8 MAY 2019
... and contribute to sustainable, long-term value creation for beneficiaries." ACSI said the existing APRA guidance does not go far enough in its coverage of ESG and actually confuses ESG, which ACSI defines as a tool for managing financial risk, with ethical ...

Should super funds segregate pension assets?

KANIKA SOOD  |  TUESDAY, 7 MAY 2019
... Income Product for Retirement. "There is no hard and fast rule on what the best approach is - but any decision needs to be far more nuanced than simply looking at fund size," Williams says.

The state of the banks

ELIZABETH MCARTHUR  |  TUESDAY, 7 MAY 2019
... reached $4.8 billion - with $1.9 billion set aside for remediation in their 2019 half year results alone," Dring said. So far, remediation costs have related mostly to misconduct issues within wealth management divisions, he said. "But, ongoing investigation ...

Financial advice drags BTFG results

KARREN VERGARA  |  MONDAY, 6 MAY 2019
BT Financial Group has farewelled a number of its advisers over the last six months as the group continues to offload its loss-making financial advice arm, its latest interim results show. BTFG has reduced its financial planning workforce by about 28% ...