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Showing 351 - 360 of 1736 results for "Minimum"

Consultation opens on crypto regulation bill

ANDREW MCKEAN  |  MONDAY, 19 SEP 2022
... Regulation) Bill 2022." The draft Bill requires digital asset exchanges to include requirements relating to the maintenance of a minimum amount of capital and the regulation of its participant's conduct. Further, stablecoin issue requirements dictate ...

Inconsistencies across RIC strategies: Mercer

ANDREW MCKEAN  |  FRIDAY, 16 SEP 2022
... retirement, Mercer said. Definitions of retirement income were also varying, with about 60% of funds using the Covenant's minimum definition of retirement income, being payments a beneficiary receives from their super fund plus Age Pension. Contrastingly ...

APRA to modernise regulatory frameworks

ANDREW MCKEAN  |  TUESDAY, 13 SEP 2022
... entities to follow." "We need to ensure the framework is clear, simple and adaptable, to continue to be effective in setting minimum standards for banks, insurers and superannuation funds as technology, business models and community expectations change." ...

Montgomery, Aura Group launch new income fund

CHLOE WALKER  |  THURSDAY, 8 SEP 2022
... Aura Group, the Aura Core Income Fund. The fund is an open-ended, Australian-registered managed investment scheme with a minimum investment of $25,000, offering clients exposure to the private debt investments. Its objective is to preserve capital and ...

Challenger offers new fixed term annuity

CASSANDRA BALDINI  |  THURSDAY, 8 SEP 2022
... with regular payments that provide reliable cash flow for the selected term, which can be set from one to 50 years for a minimum investment of $10,000," he concluded.

ABN AMRO Clearing pays $222k penalty

ANDREW MCKEAN  |  THURSDAY, 8 SEP 2022
... registered block trades on the ASX24 Market in the SPI 200 Futures contract, each of which included split allocations below the Minimum Value Threshold of 200 lots. A block trade facility is a trading mechanism enabling market participants to arrange ...

APRA aims to bolster financial crisis response

CASSANDRA BALDINI  |  WEDNESDAY, 7 SEP 2022
... Yesterday APRA wrote to major banks confirming that the final setting for loss-absorbing capacity will be an increase in minimum total capital requirements of 4.5 percentage points of risk-weighted assets, to be met from January 2026. It added that the ...

eToro launches local stocks portfolio

CHLOE WALKER  |  FRIDAY, 2 SEP 2022
... tourism, finance and software. It includes Qantas Airways, Sonic Healthcare, Computershare and the Macquarie Group. The minimum investment is US$500 and the launch follows a recent survey by eToro which found strong retail investor interest in commodities. ...

APRA removes Westpac liquidity add-on

CASSANDRA BALDINI  |  THURSDAY, 1 SEP 2022
... that given the active management of its liquidity position, the LCR is already "comfortably above the 100% regulatory minimum." Westpac concluded that it is unlikely to materially rise from current levels in future reporting periods.

Data demonstrates success of compulsory super: Report

CASSANDRA BALDINI  |  WEDNESDAY, 31 AUG 2022
... Only 10% of retirees rely on super alone and only 10% rely on pension alone. Women were more likely than men to take the minimum drawdown only. A profile of retirement savings and investments revealed 8.5% have more than $1.5 million while 16.9% have ...