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Showing 511 - 520 of 4538 results for "Dollar"

BNY Mellon partners with FRT

JAMIE WILLIAMSON  |  FRIDAY, 30 APR 2021
BNY Mellon clients will now benefit from the investment giant's use of Financial Recovery Technologies' securities class action recovery services. The two firms have entered a strategic alliance which will see BNY Mellon use FRT's suite of class action ...

Queensland bans Dollarmites

KARREN VERGARA  |  TUESDAY, 27 APR 2021
The Sunshine State is joining Victoria and the nation's capital in banning the Commonwealth Bank's school-banking program. Queensland minister for education Grace Grace announced her department will not renew its agreement with CBA when it ends on 31 ...

Former adviser pleads guilty over million-dollar super theft

ANNABELLE DICKSON  |  THURSDAY, 22 APR 2021
Victorian-based Ahmed Saad has pleaded guilty after previously being charged with dishonestly obtaining financial advantage by deception for his role in an illegal retail superannuation scheme. ASIC alleges that Saad, while working as an authorised ...

Adviser-led TPD claim admittance rates fall

KANIKA SOOD  |  TUESDAY, 20 APR 2021
... (42% vs. 39% two years ago), TPD (56% vs. 45%), trauma (54% vs 62%), and DII (77% vs. 66%). The claims paid ratio is the dollar amount of claims paid out in the reporting period as a percentage of the annual premiums receivable in the same period. The ...

Chief economist update: Copper 10,000

BENJAMIN ONG  |  TUESDAY, 20 APR 2021
... side effects (blot clots). The rally in copper prices has also been driven by the US dollar's depreciation. The US dollar index (versus major currencies) has now fallen by 11.4% from the 17-year high it recorded in March last year - which, itself ...

Citi to exit consumer banking in Australia

ELIZABETH MCARTHUR  |  FRIDAY, 16 APR 2021
Citigroup's quarterly results included news the banking giant is undertaking a strategic overhaul of its global consumer banking division. This will mean Citi is exiting consumer banking entirely in a number of markets including Australia. China, India ...

Pendal gets $900m net inflows

KANIKA SOOD  |  THURSDAY, 15 APR 2021
... includes net inflows of $900 million, market returns of $2.5 billion and $900 million from the depreciating Australian dollar. "There has been a discernible turnaround in flows during the quarter with most channels receiving positive net flows," said ...

Super fund liquidity could be better: RBA

JAMIE WILLIAMSON  |  WEDNESDAY, 14 APR 2021
... hedging strategies proved robust throughout the year, the RBA said. During the first half of March 2020, the Australian dollar depreciated by 15%, meaning super funds were forced to pay more than $17 billion of margin to counterparties as they used currency ...

Cairns women disadvantaged by super gender gap

KARREN VERGARA  |  MONDAY, 12 APR 2021
... "Government MPs Warren Entsch have a simple choice he can fight to deliver the promised super boost and get super paid on every dollar earnt or explain to female voters why he thinks it's ok for many local women to retire into poverty. Sticking with ...

Commonwealth seeks to stop bond class action

ELIZABETH MCARTHUR  |  FRIDAY, 9 APR 2021
... have both been named as respondents in this case. O'Donnell's case and the class action will not be seeking any dollar amount in damages, rather seeking to effect change in the government's handling of climate change. O'Donnell made an investment ...