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Showing 321 - 330 of 608 results for "Big Four"

Fixed it

BENJAMIN ONG  |  THURSDAY, 24 JUL 2014
... Sydney Morning Herald (18 May 2011) - "Moody's Investors Service has downgraded the long-term debt ratings of Australia's big four banks to Aa2 from Aa1, citing their relatively high reliance on overseas funds rather than local deposits." ""The downgrade ...

Banks will struggle to profit from super: Sunsuper CEO

JAMES FERNYHOUGH  |  WEDNESDAY, 23 JUL 2014
... superannuation businesses, did not however address whether increased market share would make up for drop in fees. The big four banks have indicated that they will aggressively pursue the default market should it open up to general competition (currently ...

Confidence key to financial future: Murray

COLIN BRINSDEN, AAP ECONOMICS CORRESPONDENT  |  TUESDAY, 15 JUL 2014
... for complacency. The review believes Australia's banking sector is competitive, albeit concentrated. It concedes the big four banks have funding advantages because of their size, and notes some submissions to the review argued they also benefit from ...

CBA unveils tougher adviser standards

LAURA MILLAN  |  MONDAY, 14 JUL 2014
... "be tarnished with the same brush." As the last Roy Morgan survey showed, client satisfaction with the advisers of the big four banks is above 80%. But the scandals revealed over recent months have largely damaged the industry's reputation. As the first ...

Citi develops white label banking for industry funds

JAMES FERNYHOUGH  |  FRIDAY, 4 JUL 2014
... initiative is "getting a lot of interest". "There's obviously a huge amount of competition at the retirement stage from the big four targeting superannuation assets looking for the members effectively to withdraw their assets in a lump sum and park it ...

Market wrap

AAP  |  WEDNESDAY, 2 JUL 2014
... the banks are back up quite substantially is the reason why our broader market is looking very good today." Among the big four banks, Commonwealth Bank was up 71 cents to $80.68, Westpac had gained 37.50 cents to $33.755, ANZ had risen 37.50 cents to ...

Market wrap

AAP  |  MONDAY, 30 JUN 2014
... Association will unveil new home sales data for May ahead of the central bank's interest rate decision on Tuesday. Among the big four banks, the Commonwealth Bank was down 32 cents to $81.15, Westpac was minus 22 cents $33.95, ANZ had shed 17 cents to ...

Momentum for mFund service gathering despite uncertainty

MARK SMITH  |  WEDNESDAY, 25 JUN 2014
... Services' head of asset and fund services Justin Burman said: "The question is whether the fund management sector outside the big four banks, who have a vested interest in their platforms, will come to play in that space." "The initiative is a little ...

Market wrap

AAP  |  FRIDAY, 20 JUN 2014
The share market has opened lower as the major miners and big four banks all post losses. The market has come off Thursday's sharp gains, OptionsXpress market analyst Ben Le Brun said. "This is not unexpected considering yesterday's strong gains," he ...

Getting ideas across to SMSFs the first battle: AMP

JAMES FERNYHOUGH  |  FRIDAY, 13 JUN 2014
... of the value of fees paid to managed funds, as well as being distrustful of monolithic organisations like AMP and the big four banks. "I acknowledge the fact that there is a certain degree of moral crusade against fees. But the thing is, you've got to ...