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Showing 211 - 220 of 953 results for "Sound"

Chief economist update: Overvaluation tests FOMO and TINA trades

BENJAMIN ONG  |  MONDAY, 1 FEB 2021
... replaced by the fear of being left holding the hot potato and TINA (There Is No Alternative) given ultra-low interest rates sound less enticing than the return of capital even at zero interest rates. In the general scheme of macro things, nothing has ...

MLC Life appoints executive

KANIKA SOOD  |  WEDNESDAY, 13 JAN 2021
MLC Life has appointed a new chief life insurance officer, as Sean McCormack gets ready for a February 26 departure. The role is going to Michael Rogers, who has worked as QSuper's general manager for insurance while it set up its own insurer QInsure. ...

ISA calls SG increase delay a tax grab

ELIZABETH MCARTHUR  |  WEDNESDAY, 13 JAN 2021
... might receive. "Just wait for the shrill outrage that workers dare keep more of their own [money]," Wilson said. "It's the sound of hogs being dragged away from a multi-trillion trough they use to pay themselves bonuses in the tens of millions at the ...

MLC Life Insurance raises $650 million

KANIKA SOOD  |  WEDNESDAY, 6 JAN 2021
The insurer received a $650 million capital injection just before Christmas, as its majority owner Nippon Life sees the risk of MLC Life's "stagnant" business performance continuing beyond 2021. The raise includes $530 million in ordinary equity, priced ...

What you read in 2020

JAMIE WILLIAMSON  |  FRIDAY, 18 DEC 2020
As we farewell a year that many will be glad to see the back of, check out Financial Standard 's most read stories for 2020. The COVID-19 pandemic underscores the majority of this year's most widely read stories, as unprecedented shutdowns and ...

APRA takes action against Westpac

JAMIE WILLIAMSON  |  TUESDAY, 1 DEC 2020
... add-on to the net cash outflow component of its LCR calculation. "Under APRA's liquidity requirements, banks must maintain a sound liquidity risk management framework, ensuring accurate calculation of the LCR and NSFR1. While Westpac's LCR and NSFR are ...

Pinnacle boutique wins super fund mandate

KANIKA SOOD  |  MONDAY, 23 NOV 2020
... on stewardship and ESG. "We are pleased to be partnering with a forward-thinking Australian superannuation fund, with a sound reputation for investment acumen and responsible investing," Aikya portfolio manager Ashish Swarup said. "We follow a disciplined ...

Why has ASIC still not got a chief executive?

KANIKA SOOD  |  THURSDAY, 19 NOV 2020
ASIC senior staff including James Shipton resisted moving to a stronger internal governance structure, its acting chair Karen Chester has told the ASIC expenses enquiry. Liberal senator James Patterson, who is chairing the enquiry into ASIC expenses ...

ASIC sounds the alarm on buy-now-pay-later

KANIKA SOOD  |  MONDAY, 16 NOV 2020
One in five users of buy-now-pay-later services are missing payments, as the industry almost doubles its lending, according to ASIC's latest review of the sector. The sector tallied up $43 million in revenue from missed payments in FY19, rising 38% ...

New super benchmarking flawed: Rice Warner

ELIZA BAVIN  |  THURSDAY, 29 OCT 2020
... penalise products (and trustees) which under-perform," the company said. "While the aim of raising overall performance is sound, the implementation is flawed and may lead to unintended consequences unless significant changes are made." Rice Warner said ...