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

Search Results

Showing 671 - 680 of 1893 results for "Associated"

Westpac forks out $80m for AUSTRAC scandal

ELIZA BAVIN  |  THURSDAY, 20 FEB 2020
... investigations and reviews into the group's businesses has risen. The group expects to incur additional expenses in FY20 associated with this work and will need to reconsider its current cost growth expectations." In relation to the various class actions ...

NAB further delays offloading MLC

ELIZABETH MCARTHUR  |  THURSDAY, 13 FEB 2020
... executive Ross McEwan said. "Customer-related remediation programs and regulatory compliance investigations (including associated enforcement actions and class actions) are continuing, with potential for additional charges although amounts and timing ...

Advice industry compresses

ELIZABETH MCARTHUR  |  TUESDAY, 11 FEB 2020
... numbers now stand, they are in line with the number of financial advisers registered in 2016. The number of advisers associated with institutional or insto-aligned licensees reduced 22% or by 4253 in the 12 months to December 2019 to 12,976. Meanwhile ...

Chief economist update: Lowe puts Australia on high

BENJAMIN ONG  |  MONDAY, 10 FEB 2020
... The bard also recognises that a balance needs to be struck between the benefits of lower interest rates and the risks associated with having interest rates at very low levels." "Internationally, there are increasing concerns about the effect of very ...

Separate advice and product: AIOFP

ELIZABETH MCARTHUR  |  FRIDAY, 7 FEB 2020
... sliding FUA scale and a percentage of their gross revenue with a funding cap established. "If this is done the losses associated with actual poor financial advice will pale into insignificance against the $40 billion of failed managed funds since 1980," ...

FSC sheds light on cancer impact

HARRISON WORLEY  |  TUESDAY, 4 FEB 2020
... between the Financial Services Council and KPMG, Australia's life insurers paid out around $1.55 billion in claims associated with cancer in the year to 30 June 2019. Claims made as a result of breast cancer lead the way by far, with 8.82 claims per ...

Westpac facing new class action

ELIZA BAVIN  |  MONDAY, 3 FEB 2020
... alleges. "The company did not appropriately monitor and assess the ongoing money laundering and terrorism financing risks associated with movement of money into and out of Australia." The lawsuit also alleged Westpac did not pass on requisite information ...

First State Super acquires rental properties

ALLY SELBY  |  THURSDAY, 30 JAN 2020
... offered to healthcare, aged care, disability services, teachers, law enforcement, emergency services, childcare and associated industries workers at 80% of the market rate for the area. Housing affordability is a growing challenge for residents across ...

Statewide dumps executives

HARRISON WORLEY  |  THURSDAY, 23 JAN 2020
... that we will not tolerate a failure to conform with internal policies, on behalf of our members, from anyone within or associated with Statewide Super." In an interview with Financial Standard last September, Eastwood said the fund's decision to ...

ASIC confirms SMSF negative returns

ELIZA BAVIN  |  TUESDAY, 14 JAN 2020
... most recent on record. Regulatory bodies like the ATO have been warning advisers for some time now about the risks associated with low-balance SMSFs, encouraging a higher level of diversification. Last year, the ATO wrote to over 17,000 SMSF trustees ...