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Showing 201 - 210 of 471 results for "Tier"

The joys of an independent board

KANIKA SOOD  |  WEDNESDAY, 3 OCT 2018
What value does an independent board of directors add to an investment company? That's a question that directors of top UK investment companies met to answer yesterday. At a conference organised by 86-year old Association of Investment Companies (AIC) ...

AustralianSuper awards international property mandate

DARREN SNYDER  |  TUESDAY, 18 SEP 2018
... "aligns with our real estate debt strategy to target high quality opportunities secured against institutional assets in top-tier locations in European cities." AustralianSuper's commercial real estate (CRE) debt mandate is targeting debt financing ...

Advisory and wealth firm appoints chief

KARREN VERGARA  |  WEDNESDAY, 4 JUL 2018
... Stock Exchange boss as its new chief executive. Tony Sacre led the Sydney Stock Exchange for two years before joining the mid-tier accounting and advisory firm. Sacre succeeds Mark Chapman, who led the Bentley network for about five years, helping double ...

Wealth firms merge for growth

JAMIE WILLIAMSON  |  MONDAY, 2 JUL 2018
... respective communities to flourish together," he said. "As one team, the combination will bring together a strengthened mid-tier firm capable of delivering seamless, synergistic, quality advice to the clients." Wyatt said Morrows is looking to create ...

ANZ sells NZ life insurance business

ALEX BURKE  |  WEDNESDAY, 30 MAY 2018
... sale of around NZ$50 million." This would, ANZ added, increase ANZ's overall level one and level two CET1 (common equity tier one) ratios by about five basis points and 15 basis points respectively. The agreement also includes a 20-year partnership ...

Aussie CEOs understand ESG risks: KPMG

HARRISON WORLEY  |  MONDAY, 28 MAY 2018
... between 2-4.99% per annum. The report arrives shortly after KPMG released the 2018 Super Insight report, which warned a two-tier super system based on fund size was emerging. KPMG head of asset and wealth management Paul Howes said evidence suggested ...

CBA sells interests in Chinese insurer

JAMIE WILLIAMSON  |  WEDNESDAY, 23 MAY 2018
... reimbursed in full by Mitsui Sumitomo once the transaction is completed. CBA said it expects the impact to its Common Equity Tier 1 ratio to be a net increase of 13 basis points, comprising an initial five basis point reduction at the time of the capital ...

Age Pension needs national objective: Actuary

DARREN SNYDER  |  TUESDAY, 22 MAY 2018
... adequacy for voluntary savings, something which is viewed as the third pillar to retirement income. He also argues the middle tier of income earners now receive lower value from the super system. "They do not receive full Age Pensions nor do they have ...

Two-tier super system emerging: KPMG

HARRISON WORLEY  |  WEDNESDAY, 16 MAY 2018
The 2018 installment of KPMG's Super Insights report highlights the emergence of a two-tiered superannuation system. According to KPMG's analysis, the superannuation system in Australia is splitting into two tiers, as small funds experience initial ...

ANZ considering buy-back with life insurance paycheck

KANIKA SOOD  |  TUESDAY, 8 MAY 2018
... includes the OnePath Life sale to Zurich. This results in an increase of about 25 basis points in ANZ's APRA Common Equity Tier 1 Capital. "Having received the reinsurance proceeds, ANZ will continue to work through its capital management options, which ...