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Showing 201 - 210 of 360 results for "Tier 1"

Aussie banks overpriced, undercapitalised: Perpetual

LAURA MILLAN  |  THURSDAY, 14 MAY 2015
Australian financials are overpriced and undercapitalised relative to their global counterparts, Perpetual Investments global equities portfolio manager Garry Laurence said. "We feel much more comfortable investing in more attractively valued financials ...

When?

BENJAMIN ONG  |  THURSDAY, 30 APR 2015
That was a bit of an anti-climax, wasn't it? The outcome of the anxiously-awaited US Federal Reserve's two-day FOMC meeting, that is. And it took them all of two-days to come up with well... basically what you, I and Irene already knew and expected....while ...

FSI must lift value in super system: AVCAL

DARREN SNYDER  |  WEDNESDAY, 8 APR 2015
Australian Private Equity and Venture Capital Association Limited (AVCAL) has called on the federal government to lift the value of Australia's superannuation system and retirement incomes. The call comes as one of four key issues raised by AVCAL in ...

Treasury starts consultation for higher advice standards

STAFF WRITER  |  FRIDAY, 27 MAR 2015
Treasury has released a consultation paper and is calling for submissions on ways to lift the professional standards of financial advisers. "Financial advisers play a very important role in Australia, helping consumers to plan for their retirement ...

Rename general advice, disclose ownership: FSI

LAURA MILLAN  |  SUNDAY, 7 DEC 2014
The name 'general advice' is misleading consumers and should be replaced with a term that helps reduce misinterpretation, the Financial System Inquiry (FSI) recommended. "The use of the word 'advice' may cause consumers to believe the information is ...

AdviserLogic appoints NSW sales manager

LAURA MILLAN  |  MONDAY, 24 NOV 2014
Financial planning software provider AdviserLogic A has appointed a former Associated Advisory Practices (AAP) business consultant as sales manager for New South Wales. Marnie Page will be responsible for driving the growth of the business in NSW and ...

Bitcoin exchange goes live

JAMES FERNYHOUGH  |  TUESDAY, 21 OCT 2014
Bitcoin enthusiasts who want to trade the controversial cryptocurrency in a formal setting can now do so, with the launch of Independent Reserve's Bitcoin exchange. The exchange, which is based in Sydney, goes live today. Independent Reserve chief executive ...

NAB confirms final pricing for Great Western IPO

MARK SMITH  |  THURSDAY, 16 OCT 2014
National Australia Bank (NAB) has announced the final pricing of the initial public offering (IPO) of its US-based subsidiary Great Western Bank (GWB). The offer comprises 16 million shares or 27.6% of GWB's outstanding common stock at a price of US$18 ...

BOQ reaches $17 million settlement with Storm victims

LAURA MILLAN  |  MONDAY, 22 SEP 2014
Bank of Queensland (BOQ) will pay $17 million to customers who were victims of Storm Financial as part of the legal proceedings of a class action brought against the bank. The net impact after tax to BOQ will be of $22.1 million, which includes all ...

Advisers ask for segmented education standards

LAURA MILLAN  |  WEDNESDAY, 10 SEP 2014
Financial advisers have asked that the minimum education standards are not set up following a 'one size fits all' approach, but instead take into account individual advisers' areas of focus. As part of the Association of Financial Advisers (AFA) Female ...