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

Search Results

Showing 641 - 650 of 4736 results for "Reserve"

Super funds handed holdings disclosure win

JAMIE WILLIAMSON  |  FRIDAY, 12 NOV 2021
... of the Australian Prudential Regulation Authority and the input of relevant experts from across the CFR, including the Reserve Bank of Australia." The first reports from super funds are due by 31 March 2022, with funds to disclose their holdings every ...

The challenge of retirement income

ANNABELLE DICKSON  |  FRIDAY, 12 NOV 2021
The industry is often presented with the age-old question of how retirees can maintain access to savings and invest to receive regular and predictable income that keeps pace with inflation and without eroding capital. Magellan Asset Management head ...

Cbus to create rainy day fund to cover fines

ELIZABETH MCARTHUR  |  THURSDAY, 11 NOV 2021
... spokesperson for the fund said. "The legislation disproportionately impacts industry funds which may need to fund a separate reserve of trustee capital to meet any potential fines or penalties issued by regulators." The spokesperson clarified that it ...

Economic recap: Week to November 5

BENJAMIN ONG  |  MONDAY, 8 NOV 2021
... measured inflation across the globe has had financial markets bring forward rate hike expectations, and for good reasons. The Reserve Bank of New Zealand (RBNZ) started proceedings at its 6 October meeting when it doubled the official cash rate from ...

Goldman Sachs promotes five in ANZ

ELIZABETH MCARTHUR  |  WEDNESDAY, 3 NOV 2021
... for Australia and New Zealand and has been in that role for more than 14 years. He was previously an economist at the Reserve Bank of Australia and NSW Treasury. Chong is head of industrials for Australia and New Zealand and has been with the firm for ...

Equip, corporate fund merger complete

JAMIE WILLIAMSON  |  WEDNESDAY, 3 NOV 2021
Equip has finalised its latest successor fund transfer, adding $765 million to its funds under management. The fund's merger with BOC Super was official as of November 1, with Equip welcoming about 3000 new members in the process. BOC is a supplier ...

Economic recap: Week to October 29

BENJAMIN ONG  |  MONDAY, 1 NOV 2021
... annual inflation rate soared to 4.9% in the third quarter of this year (from 3.3% in the June quarter) - both more than the Reserve Bank of New Zealand's (RBNZ) remit requiring the central bank to keep inflation within the 1% to 3%. What's the ...

CFS joins firms in net zero alignment

ANNABELLE DICKSON  |  THURSDAY, 28 OCT 2021
As the COP26 summit approaches Colonial First State (CFS), the NZ Super Fund and Goldman Sachs have announced their commitment to net zero initiatives. CFS announced its alignment to the goals of the Paris Agreement and is committing to net zero emissions ...

Centuria, MAF make joint acquisition

ANNABELLE DICKSON  |  WEDNESDAY, 27 OCT 2021
... fund to be launched in 2022. Around 72% of the site's gross income is from government and blue-chip organisations such as Reserve Bank of Australia, JLL and Minter Ellison. It has a Weighted Average Lease Expiry of four years. "We are very pleased to ...

Fed to ban policymakers stock, bond trading

JAMIE WILLIAMSON  |  FRIDAY, 22 OCT 2021
The Federal Reserve is restricting the investing activities of policymakers and senior staff, including banning them from holding or trading individual stocks and bonds. Following a review and recent scandal, the Federal Reserve has moved to prohibit ...