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Showing 541 - 550 of 1941 results for "SAFE"

Goldman Sachs backs disability housing scheme in $137m deal

CHLOE WALKER  |  MONDAY, 6 DEC 2021
... towards delivering Synergis' vision for every person living with disability in Australia to have access to high quality, safe, stable, and appropriate housing. "There is a significant undersupply of appropriate housing for people with disability ...

AvSuper hunts merger partner, launches EOI process

CHLOE WALKER  |  FRIDAY, 3 DEC 2021
AvSuper today advised it has invited a select number of super funds to discuss a potential merger, having determined it would be in the best interests of members to do so. The launch of an Expression of Interest process comes after AvSuper's MySuper ...

New financial crisis standards proposed

JAMIE WILLIAMSON  |  THURSDAY, 2 DEC 2021
APRA is consulting on two new prudential standards aimed at strengthening how entities, including superannuation trustees, respond to financial crises. CPS 190 Financial Contingency Planning (CPS 190) and CPS 900 Resolution Planning (CPS 900) are the ...

Retirees require 3.3% drawdown: Research

KARREN VERGARA  |  WEDNESDAY, 1 DEC 2021
... that their portfolios will last over a 30-year time horizon," Morningstar said. Using a conservative approach, the highest safe withdrawal rates come from portfolios that hold 30% to 60% stock positions. "This occurs not because fixed-income securities ...

APRA finalises new bank capital framework

CHLOE WALKER  |  TUESDAY, 30 NOV 2021
The Australian Prudential Regulation Authority (APRA) has finalised its new bank capital framework, designed to strengthen levels of capital and align Australian standards with the internationally agreed Basel III requirements. The new regime, which ...

RBA names head of payments policy

ANNABELLE DICKSON  |  THURSDAY, 25 NOV 2021
The Reserve Bank of Australia (RBA) promoted a longstanding employee as head of the payments policy department. Ellis Connolly has been with the RBA for over 20 years and was most recently deputy head, financial markets infrastructure in payments policy ...

Super funds failing three-day transfer requirement

ELIZABETH MCARTHUR  |  WEDNESDAY, 24 NOV 2021
... take steps to verify requests," a spokesperson for Rest said. "We have a clear obligation to keep our members' money safe, and we must verify members' identities and bank account details when they request a rollover. This can, on occasion, extend ...

NAB posts bumper profit

ANNABELLE DICKSON  |  TUESDAY, 9 NOV 2021
... we have navigated a challenging environment while delivering better experiences for customers and colleagues, resulting in safe growth across our business," NAB chief executive Ross McEwan said. "Our bank has momentum, our strategy is clear and as lockdown ...

SG Hiscock rejigs fund

ANNABELLE DICKSON  |  THURSDAY, 4 NOV 2021
SG Hiscock & Company has renamed the long standing SGH20 fund and increased the number of holdings in the fund. SGH20 was established in 2004 and has been renamed the SGH High Conviction Fund. The underlying strategy remains the same, yet the maximum ...

Commonwealth Bank to add crypto services

JAMIE WILLIAMSON  |  WEDNESDAY, 3 NOV 2021
Commonwealth Bank will become the first bank in Australia to offer the ability to buy, sell and hold crypto assets via a strategic partnership with Gemini and Chainalysis. The bank has designed a crypto exchange and custody service which will be offered ...