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

Search Results

Showing 171 - 180 of 5941 results for "Banks"

Admin and compliance taking up 56% of advice practice costs

ELIZA BAVIN  |  MONDAY, 18 NOV 2024
... fragmentation and inefficiencies that arose after the 2018 Financial Services Royal Commission, which led to the exit of major banks from providing advice. The industry is simply not equipped to meet the growing need for affordable, accessible advice," ...

Size of super industry on ASIC's radar

ELIZA BAVIN  |  FRIDAY, 15 NOV 2024
... of the system and we don't have the same tools we used to respond to that when credit was predominantly something for the banks." Constant said that is why ASIC has prioritised better disclosure from super funds so it can properly assess the risk factors. ...

Fair Work ruling, ASIC put offshoring arrangements on notice

KARREN VERGARA  |  THURSDAY, 14 NOV 2024
... Australia. "She was allocated files by email each day and was required to liaise with clients of MyCRA Lawyers and with banks and other credit agencies on behalf of those clients. She did so by telephone and email. She described the work as involving ...

Capital Group names managing director for APAC

MATTHEW WAI  |  WEDNESDAY, 13 NOV 2024
... years and was instrumental in fostering strategic partnerships with global financial intermediaries as well as regional banks. Dvorak also enjoyed a short spell at J.P. Morgan earlier in her career. In her new role, she will oversee Capital Group's relationship ...

Link between super and banking major priority in 2025: APRA

ELIZA BAVIN  |  MONDAY, 11 NOV 2024
... significant disruptions to financial markets, which will help us explore the impacts of liquidity stress between super funds and banks, and how their response impacts asset markets." McCarthy Hockey said an operational risk component will be added to ...

US election: Global investors fear inflation boom

ELIZA BAVIN  |  THURSDAY, 7 NOV 2024
... said. The main concern over tariffs for the global economy is the knock-on effect they could have on inflation. Central banks around the world have been tackling the sticky inflation problem, but tariffs could drive the price of goods back up. GSFM investment ...

Australian Unity offloads banking business

ELIZA BAVIN  |  WEDNESDAY, 6 NOV 2024
... Australian Unity said the evolution of banking in Australia has placed increased demands on smaller credit unions and mutual banks to operate and remain competitive. It said increased investment would be required, particularly in the digital space, and ...

Liberal MP calls for SoA replacement

KARREN VERGARA  |  TUESDAY, 5 NOV 2024
... Outcomes (DBFO) reforms, SoAs will also receive a makeover, while a new class of advisers called "Qualified Advisers" from banks, super funds, and life insurance firms will be able to provide simple advice.

ANZ suspected of more mistakes amid bond saga

MATTHEW WAI  |  MONDAY, 4 NOV 2024
... APRA chair John Lonsdale said ANZ is "financially sound" but remains prone to managing non-financial risk. "Of the major banks that had capital add-ons applied in 2019, ANZ is the only bank yet to have its add-on either removed or reduced," Lonsdale ...

Future Fund delivers strong 11.9% return

ELIZA BAVIN  |  FRIDAY, 1 NOV 2024
... subsiding in much of the developed world, it remains higher and more volatile than investors have been used to. "Central banks around the world are in an easing cycle which is positive for risk assets. However, the path to lower rates will not be straightforward ...