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

Search Results

Showing 5601 - 5610 of 17959 results for "Bank"

Industry associations merge

KARREN VERGARA  |  FRIDAY, 1 DEC 2017
Two superannuation associations are joining forces to actively engage in thought leadership, shape policy and drive the industry forward. Industry Funds Forum (IFF) has now become part of the Australian Institute of Superannuation Trustees (AIST). IFF ...

ASFA disappointed in Royal Commission scope

EMMA RAPAPORT  |  FRIDAY, 1 DEC 2017
The Association of Superannuation Funds of Australia (ASFA) is disappointed the Royal Commission into banks and financial services has included the $2.5 trillion super system. In a statement ASFA said further scrutiny of the sector, which is already ...

Government superannuation bills will stand despite Royal Commission: O'Dwyer

EMMA RAPAPORT  |  FRIDAY, 1 DEC 2017
... Australian consumers." The Minister was also keen stress that the raft of superannuation reforms would apply equally to retail, bank-owned, industry, corporate and public sector superannuation funds. "Superannuation belongs to each and every hard working ...

NAB advice GM departs in wealth restructure

ALEX BURKE  |  THURSDAY, 30 NOV 2017
... general manager of advice partnerships Ross Barnwell and NAB Financial Planning general manager Tim Steele will join the bank's consumer banking and wealth leadership team. They will both report directly to Hagger. "We are reducing the number of management ...

Government caves to banking Royal Commission

KARREN VERGARA  |  THURSDAY, 30 NOV 2017
... ratings across the major banks." The banks have clearly been a focus of the government and regulators this year, with the bank levy, the BEAR regime of senior executive oversight, the commissioned ACCC review of competition, the ASIC and AUSTRAC cases ...

RNY unitholders left unpaid after Aurora scandal

ALEX BURKE  |  WEDNESDAY, 29 NOV 2017
... paid RNY unitholders." Aurora notified shareholders on Monday that due to the unauthorised withdrawal of $1 million from the bank account of the Aurora Property Buy-Write Income Trust (AUP), some RNY unitholders may have their payment delayed. Despite ...

Praemium solution signs first client

KARREN VERGARA  |  WEDNESDAY, 29 NOV 2017
... billion platform's international separately managed accounts business. As part of the deal, Praemium will have access to the bank's research, sales and trading execution through its equities business. Praemium also expanded its SMA offering, adding 16 ...

OECD tells RBA to take a hike

BENJAMIN ONG  |  WEDNESDAY, 29 NOV 2017
... unemployment rate - 5.5% in 2017, 5.5% in 2018 and 5.25% in 2019. Case for a rate hike? The headlines think so: "Reserve Bank to hike cash rate, OECD says" (The Sydney Morning Herald); "OECD says Australian economy ready for higher RBA rates" (The Australian ...

Global asset manager expands Australian offering

DARREN SNYDER  |  TUESDAY, 28 NOV 2017
... the potential for rising rates in the next two to three years. He said it's a high-yield play but at the defensive end. "Bank loans are sub-investment grade but they sit above high-yield bonds so you can get a fairly healthy coupon in terms of the income ...

Centrepoint adviser banned

JAMIE WILLIAMSON  |  TUESDAY, 28 NOV 2017
A financial adviser licensed through Centrepoint Alliance's Professional Investment Services has been banned by ASIC for three years for incompetence. Ramana Rao of Metaplanners in South Australia was banned from providing financial services after it ...