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

Search Results

Showing 191 - 200 of 5967 results for "banks"

Bullock hints at no rate cut in 2025

ELIZA BAVIN  |  FRIDAY, 29 NOV 2024
... that inflation is moving sustainably back to target. This overarching approach is similar to that used at other central banks in advanced economies, where we all have flexible inflation targeting frameworks."

'New class of advisers' need clear-cut distinction: FAAA

KARREN VERGARA  |  THURSDAY, 28 NOV 2024
... it gives consumers more choice," Abood said. Tranche 2 of the DBFO reforms will open limited advice to NCAs who work for banks, superannuation funds, and life insurers. It includes the proposed rationalisation of the best interests duty and removal of ...

Top asset owners return to growth: Study

JAMIE WILLIAMSON  |  TUESDAY, 26 NOV 2024
... base rates remained relatively flat. After a sustained period of elevated rates aimed at controlling inflation, central banks began to implement gradual rate cuts in the latter half of 2024, marking the first reductions in years. However, market volatility ...

Super fund adds to Payden & Rygel mandate

KARREN VERGARA  |  MONDAY, 25 NOV 2024
... alone career, are: a global pandemic, developed market inflation approaching double digits, and developed market central banks increasing interest rates by hundreds of basis points within a 12-month time horizon," he said. Last month, GSFM hired Ben ...

'Turbulent' environment expected in 2025: Robeco

ELIZA BAVIN  |  FRIDAY, 22 NOV 2024
... anticipated to offset some downside risks. If all goes very well, Robeco's bull scenario sees synchronised easing from central banks and steady disinflation which could lead to stronger-than-expected global growth. An easing of US-China trade tensions ...

ASIC sues NAB for failing customers

ELIZA BAVIN  |  MONDAY, 18 NOV 2024
... appropriately support customers experiencing financial hardship," Longo said. "We will not hesitate to take decisive action when banks and lenders fail to comply with their obligations." ASIC is seeking declarations, pecuniary penalties, and adverse ...

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 ...