Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 401 - 410 of 2153 results for "Extra"

ASIC takes NAB to court

KANIKA SOOD  |  THURSDAY, 25 FEB 2021
... higher interest on overdraft fees than was disclosed to them. This went on for four years and netted CBA $2.2 million in extra interest payments, ASIC alleged. The CBA case is set for an April 6 hearing for court to make orders on the penalty.

Financial services eyes gig economy workers

KARREN VERGARA  |  WEDNESDAY, 24 FEB 2021
... developing teams. "From an employee perspective, the lack of visibility often means that training needs are overlooked, extra work isn't appreciated, and it is more difficult to separate top performers from the middle of the pack," PwC said.

Aon, WTW merger will reduce competition: ACCC

ELIZA BAVIN  |  FRIDAY, 19 FEB 2021
The ACCC has flagged concerns over Aon's proposed merger with Willis Towers Watson (WTW), throwing a spanner in the works for the two companies. The ACCC said Aon and WTW are two of the three largest providers of commercial risk, reinsurance and employee ...

AFCA chair under fire

ELIZABETH MCARTHUR  |  THURSDAY, 18 FEB 2021
... suggesting she should resign from AFCA before her term as chair ends in May. Today Crown announced that Coonan will be paid an extra $1.8 million, after stepping in as interim executive chair to lead the company when chief executive Ken Barton resigned ...

Continuous disclosure laws to stay

KARREN VERGARA  |  WEDNESDAY, 17 FEB 2021
Treasurer Josh Frydenberg flagged that the temporary disclosure laws for public companies relaxed at the height of the coronavirus crisis will be made permanent. In May 2020, the government announced the temporary measures, modifying provisions under ...

Hostplus enhances ESG option

KARREN VERGARA  |  TUESDAY, 16 FEB 2021
Hostplus is changing its sustainable investment option on the back of growing demand from members who want a more sustainable and principled approach to their investments. The Socially Responsible Investment Balanced option (SRI) now excludes a broader ...

Age pension spending to rise: ISA

ELIZA BAVIN  |  FRIDAY, 12 FEB 2021
... increase or make the legislated increases opt-in would increase taxes and leave taxpayers on the hook for tens of billions in extra welfare spending," ISA said. "As more people retire without the benefit of the legislated super boost, pension costs climb ...

Ares backs out of AMP bid

ELIZA BAVIN  |  THURSDAY, 11 FEB 2021
Ares Management has backed out of its acquisition proposal with AMP saying its strategy for its Australia and New Zealand wealth management businesses is likely to be the optimal way forward. The announcement comes as AMP disclosed its full year results ...

Lifecycle products cost members: Research

ELIZA BAVIN  |  FRIDAY, 5 FEB 2021
... percentage point gap between the top placed product, and the bottom placed product. Rainmaker said the COVID-19 crisis has added extra pressure with the difference in returns over the 12 months to 30 November 2020 growing to 5.5 percentage points. Of ...

CFA Institute offers free exam deferral

ELIZABETH MCARTHUR  |  THURSDAY, 4 FEB 2021
... Level III candidates who missed the December exams due to COVID-19 can now register for May, August or November exams at no extra cost. Additionally, for the first time the CFA Institute will offer limited-capacity online proctored testing exams in certain ...