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Showing 6221 - 6230 of 17959 results for "Bank"

Zurich grows life risk distribution team

EMMA RAPAPORT  |  THURSDAY, 16 FEB 2017
... distribution relationships. "This investment in the size of our team allows us to fully support our growing network of IFA and bank-aligned partners. It comes at a point in time when it's critical that we as an industry educate as many Australians as ...

Unadvised SMSFs ripe for advisers

JAMIE WILLIAMSON  |  THURSDAY, 16 FEB 2017
... reforms from news and social media platforms. This is a key finding of new research from the SMSF Association and Commonwealth Bank slated for release in April, exploring SMSF trustee expectations and the provision of advice. "These people are relying ...

A rate rise on the ides of March?

BENJAMIN ONG  |  THURSDAY, 16 FEB 2017
"Beware the ides of March". This quote had always been imbued with a sense of foreboding because this day marked the assassination of Julius Caesar back in 44 BC. It shouldn't be for the "ides" was just the fancy way Romans termed the 15th day of March ...

CBA records $4.9bn half-year profit

DARREN SNYDER  |  WEDNESDAY, 15 FEB 2017
Commonwealth Bank's wealth management arm recorded a $249 million profit in the second half of 2016, up 6% on the first six months of the calendar year. The wealth division was a small contributor to CBA's overall net profit after tax of $4.9 billion ...

Distrust is super's biggest challenge

JAMIE WILLIAMSON  |  WEDNESDAY, 15 FEB 2017
The biggest challenge facing the superannuation system is the distrust millennials have in the financial services industry at large following years of scrutiny. New research from Vanguard comparing the retirement savings systems of Australia, the UK ...

British inflation quickens but still off-target

BENJAMIN ONG  |  WEDNESDAY, 15 FEB 2017
... 1.6% in January from December but below market expectations for a 1.8% gain. The latest inflation data remains below the Bank of England's (BOE) 2.0% target and should not put immediate pressure on the British central bank to lift interest rates.

China price rises

BENJAMIN ONG  |  WEDNESDAY, 15 FEB 2017
If inflation was the man driver of the People's Bank of China's monetary policy, the latest update on consumer prices would not have a significant sway on interest rate direction - up or down. China's consumer price inflation accelerated to 2.5% in ...

Couples can benefit more than singles in SMSFs

EMMA RAPAPORT  |  TUESDAY, 14 FEB 2017
... in a self-managed superannuation fund. It may not sound as exciting as buying a house together or signing up for a joint bank account, but the benefits could save you thousands in retirement. According to Rainmaker research, given that much of the administration ...

TCorp unveils new leadership team

JAMIE WILLIAMSON  |  TUESDAY, 14 FEB 2017
... also welcomed Paul Verschuer as its new general manager, financial markets; formerly at Westpac as general manager business bank, responsible for the specialized finance business. Verschuer spent 12 years with Westpac and has also held roles with Zurich ...

APRA urges banks to raise capital

EMMA RAPAPORT  |  MONDAY, 13 FEB 2017
... Inquiry; forcing big banks to raise more capital. Byres noted while APRA had been holding off until the work in Basel on the bank capital regime was complete, the regulator would no longer continue to wait. "We have been doing quite a bit of thinking ...