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Showing 1651 - 1660 of 5948 results for "Banks"

Default super must protect member interests: AIST

KARREN VERGARA  |  WEDNESDAY, 7 JUN 2017
... members, not shareholders. "This includes ensuring that members' interests come ahead of any employer incentives offered by banks and other companies such as access to overdrafts or loans at cheaper rates," Scheerlinck said. Seventy-one per cent said ...

Wealth management platform adds executive

KARREN VERGARA  |  MONDAY, 5 JUN 2017
... Learning Group and head of sales strategy at the Australian Institute of Management. CashDeck tracks users' accounts such as banks, credit cards, loans and superannuation. It auto-categorises transactions and provides reporting so that the user knows ...

New cash ETF for UBS

KARREN VERGARA  |  FRIDAY, 2 JUN 2017
... short to medium-term discount securities ranging from bank bills to certificate of deposits, with a 60% skew to the big four banks, Anderson said. Head of UBS Asset Management for Australia and New Zealand Bryce Doherty said a typical superannuation ...

Super funds must do more digitally

JAMIE WILLIAMSON  |  THURSDAY, 1 JUN 2017
... independently reviewed by Promontory Financial Group against the requirement of ASIC's RG255, which Pollock said will give banks and super funds greater confidence in Decimal's understanding of their compliance needs.

Be careful what you wish for

BENJAMIN ONG  |  THURSDAY, 1 JUN 2017
... contract, down 1.5% in April - the 18th straight month of decline. Despite APRA's tighter rules on property lending and banks and lending agencies' implementing higher interest rates (irrespective of the RBA's "no change decisions") since November and ...

No spend, no inflation

BENJAMIN ONG  |  TUESDAY, 30 MAY 2017
... contraction. In addition, the BOJ's own 'Senior Loan Officer Opinion Survey on Bank Lending Practices at Large Japanese Banks (April 2017)' report showed loan demand from households decelerated to a reading of 7 over the past three months from 8 in the ...

Banks charging more for less in super

ALEX BURKE  |  MONDAY, 29 MAY 2017
... contrast, just 9% was paid to not-for-profit trustee offices. ISA chief executive David Whiteley argued: "It's time the major banks clearly disclose the profits they generate from compulsory super to their customers, shareholders and the general public." ...

Qualitas launches fund, adds two directors

KARREN VERGARA  |  FRIDAY, 26 MAY 2017
... in preferred equity and debt financing of about $125 million. Establishing the fund fills a gap in the market left by the banks pulling back in lending activities, Qualitas group managing director Andrew Schwartz said. "Our new construction finance fund ...

Big four hammer bank levy

ALEX BURKE  |  TUESDAY, 23 MAY 2017
... five companies who are already among the largest taxpayers in Australia." Maxsted noted the levy doesn't apply to foreign banks, which would potentially give them a competitive advantage over their local peers. He estimated the levy would cost Westpac ...

FSC and EY seek WAMtech revolution

EMMA RAPAPORT  |  TUESDAY, 23 MAY 2017
... a quite traditional industry, having yet to go through a significant technology transformation journey like the one the banks have been undertaking in recent years," Elias said. "On the other hand, fintechs are innovators. They create new ways of doing ...