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Showing 5691 - 5700 of 14214 results for "Interest"

ASIC recoups $40m from NAB and ANZ

ALEX BURKE  |  TUESDAY, 21 NOV 2017
... January 2015." "We believe the Commission's statement of claim is based on a misunderstanding of how bank bill issuance and interest rate risk management operates and the limited case law which applies to this area," he added. Back in August 2016, a ...

Managed accounts now available via FirstChoice

JAMIE WILLIAMSON  |  TUESDAY, 21 NOV 2017
... and all portfolio changes automatically flow through to client accounts. The new addition has already attracted strong interest from key adviser groups, according to CFS general manager, distribution Peter Chun. "Knowing that FirstChoice is such a widely ...

Japan on reverse cycle?

BENJAMIN ONG  |  TUESDAY, 21 NOV 2017
... structural reforms. And continue it has. At its last policy meeting (30-31 October), the BOJ kept policy unchanged - interest rate at -0.1%; 10-year JGB yield target at around 0% and asset purchases at an annual pace of ¥80 trillion - and promised that ...

Gender pay gap widespread in financial services: Report

KARREN VERGARA  |  MONDAY, 20 NOV 2017
Financial services retains the notorious crown as the industry with the highest gender pay gap, the latest report from the Workplace Gender Equality Agency shows. Financial services and insurance employers reported the largest gap of 31.9% between male ...

HESTA announces life insurance facelift

DARREN SNYDER  |  MONDAY, 20 NOV 2017
Industry superannuation fund HESTA is enhancing its life insurance offer, including a shift to age-based pricing that will be effective 1 March 2018. Among the changes, HESTA has also bolstered its income protection cover to include a lump sum provision ...

Advisers ambivalent on LIF deadline: Poll

KARREN VERGARA  |  MONDAY, 20 NOV 2017
With less than six weeks to go, financial advisers are still unclear about their obligations under the Life Insurance Framework reforms, Financial Standard's weekly spot poll shows. More than 40% of advisers who took part in the survey are unsure about ...

ARCO Investment Management launches new strategy

JAMIE WILLIAMSON  |  MONDAY, 20 NOV 2017
... and investors are actively reshaping their portfolios to defend against downside risk and protect capital. "Ultra-low interest rates continue to underpin relatively expensive equity valuations, but this trade is now very long in the tooth. Offshore central ...

What price Brexit certainty?

BENJAMIN ONG  |  MONDAY, 20 NOV 2017
... flow of stronger economic stats in the country - one that has prompted the Bank of England (BOE) to announce its first interest rate hike in more than a decade - it raised the Bank Rate from 0.25% to 0.5% on the 2nd of November. Succeeding economic reports ...

ATO warns SMSFs about risky arrangements

KARREN VERGARA  |  FRIDAY, 17 NOV 2017
... services income to an SMSF. Another involves arrangements between an individual or related entity granting a legal life interest over a commercial property to an SMSF - which results in diverting rental income from the property to the SMSF and taxed ...

Powerwrap managing director departs

JAMIE WILLIAMSON  |  FRIDAY, 17 NOV 2017
The interim managing director of Powerwrap will leave the company at close of business today. Chris Brant, who is also leaving his board director role, has decided to step down following the appointment of a new, permanent chief executive. Brant assumed ...