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Showing 5321 - 5330 of 28263 results for "NOT"

ACCC not opposed to NAB, Citi deal

CHLOE WALKER  |  THURSDAY, 25 NOV 2021
The ACCC will not oppose the acquisition of Citigroup's Australian consumer business (Citi) by NAB after a review found the transaction would not substantially lessen competition. The review focused on competition in the supply of credit cards, as Citi ...

Largest asset owners grow: WTW

JAMIE WILLIAMSON  |  WEDNESDAY, 24 NOV 2021
... WTW senior director Australia Martin Goss said. "But asset owners employing this approach still face significant challenges, not least being to reconcile evolving global best investment practice with an increasingly constraining regulatory environment ...

Super assets rise to $3.4tn

KARREN VERGARA  |  WEDNESDAY, 24 NOV 2021
... million Australians with a MySuper account currently pay less than $30 billion a year in fees after a year of reductions across not-for-profit and retail super funds. Currently APRA regulated funds stand at 155: retail (93), public sector (16), industry ...

Morningstar launches retirement strategy tool

ELIZABETH MCARTHUR  |  WEDNESDAY, 24 NOV 2021
... aspirations," Murphy said. "In a low rate environment, relatively static withdrawal rates and static asset allocations will likely not be as effective going forward." The tool uses sophisticated cash flow management software in the background but has ...

Super funds failing three-day transfer requirement

ELIZABETH MCARTHUR  |  WEDNESDAY, 24 NOV 2021
... understand that some self-managed superannuation funds are still in the process of transitioning to SuperStream, and therefore not all requests come to Rest via this channel." Financial Standard also reached out to Hostplus for comment.

WA government seeks to improve WA's ESG outcomes

CHLOE WALKER  |  WEDNESDAY, 24 NOV 2021
... cultural heritage and striving to reduce inequalities through policy and program implementation. Premier Mark McGowan stated that not only is the ESG information pack the first of its kind for WA, it's also the most comprehensive ESG information pack ...

ASIC enforces licence conditions on ASX

ANNABELLE DICKSON  |  WEDNESDAY, 24 NOV 2021
... matching service. ASIC had two primary concerns with the outage: why new orders received on November 16 after the outage were not directed to alternative venues such as Chi-X, and that some market participants did not have business continuity plans in ...

CBA receives regulatory approval for CFS sale

CHLOE WALKER  |  TUESDAY, 23 NOV 2021
... announced the CFS divestment to KKR for $1.7 billion last May but faced backlash from the unions with the ACTU arguing it would not be in the best interest of members for CFS to be majority owned by a foreign private equity firm.The transaction was originally ...

APRA hones in on post-retirement products

KARREN VERGARA  |  TUESDAY, 23 NOV 2021
APRA is adamant that retirement income products will not suffer the same fate as income protection insurance as it looks to tighten its belt in regulating the post-retirement phase. The prudential regulator's deputy chair Helen Rowell spoke of the ...

COVID-19 relief for SMSFs may require specialist input

CHLOE WALKER  |  MONDAY, 22 NOV 2021
... has extended its relief to allow SMSFs to negotiate loan repayment adjustments. Breaches of the in-house asset rules will not attract compliance activity provided a written plan has been prepared to reduce the market value of those assets to below 5%. ...