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Showing 4281 - 4290 of 19419 results for "One"

APRA reduces CBA capital requirement

ANNABELLE DICKSON  |  FRIDAY, 20 NOV 2020
... The $1 billion capital add-on has been halved to $500 million with immediate effect and increases CBA's common equity tier one capital by 17 basis points. APRA imposed the additional capital requirement on the bank in May 2018 as part of its response ...

Chief economist update: A wonderful set of numbers

BENJAMIN ONG  |  FRIDAY, 20 NOV 2020
... indicating workers' confidence over their job prospects. But wait, there's more! The underemployment rate dropped by one percentage point to 10.4% in October from 11.4% in the previous month. The labour underutilisation rate decline by 0.9 percentage ...

Industry fund names new group insurer

JAMIE WILLIAMSON  |  THURSDAY, 19 NOV 2020
Australian Catholic Superannuation and Retirement Fund has ended its longstanding relationship with OnePath, naming a new group insurer to take over in the New Year. The $9 billion industry fund said it undertook a comprehensive review and tender process ...

Financial adviser reference checks under scrutiny

ELIZABETH MCARTHUR  |  THURSDAY, 19 NOV 2020
... checking protocols for financial advisers and mortgage brokers. Requiring financial advisers to have reference checks was one of the recommendations to come out of the Royal Commission. During the inquiry it was found licensees were not doing enough ...

Generation flags Ascalon closure

ANNABELLE DICKSON  |  THURSDAY, 19 NOV 2020
... the end of FY2021 and aims to provide retirees with income for life. "The possibility of someone outliving their savings is one of the biggest risks facing many retirees today and this risk is increasing for Australia as more and more baby boomers move ...

Bloomberg indices to rebrand

KARREN VERGARA  |  THURSDAY, 19 NOV 2020
Bloomberg will rebrand one of its widely-referenced indices on 24 August 2021. The Bloomberg Barclays fixed income benchmark indices will soon be known as the Bloomberg Indices. The move is part of a co-branding agreement with Barclays Risk Analytics ...

Chief economist update: Australian wages slow but still grow

BENJAMIN ONG  |  THURSDAY, 19 NOV 2020
... wages that has slowed. Total wages "growth" slowed to 1.4% in the year to the September 2020 quarter from 1.8% in the previous one. Annual private sector wages growth slowed to 1.2% from 1.7%. Public sector wages slowed to 1.8% from 2.1%. The Morrison ...

Zurich adds to leadership team

JAMIE WILLIAMSON  |  WEDNESDAY, 18 NOV 2020
Zurich Life & Investments has bolstered its leadership team, including a new chief distribution officer. Zurich will welcome three new executives; a chief distribution officer, head of customer and digital and head of strategy. Kieran Forde has been ...

Spaceship launches new managed fund

KANIKA SOOD  |  WEDNESDAY, 18 NOV 2020
... funds offering outside of the $350 million superannuation fund. Spaceship Earth Portfolio will invest in stocks that advance one or more UN Sustainable Development Goals agenda, and will negatively screen for tobacco, alcohol, weapons, animal cruelty ...

Super fund increases premiums

KARREN VERGARA  |  WEDNESDAY, 18 NOV 2020
... cover go up 31%, while death and total and permanent disability (TPD) cover will increase between 40-45% from 1 January 2021. One exception, income protection cover for Queensland Police Officers, will reduce by about 50% from 30 November 2020. For those ...