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Showing 781 - 790 of 17942 results for "Bank"

InvestSense marks 10th birthday

STAFF WRITER  |  FRIDAY, 29 NOV 2024
... markets, to help financial advisers and their clients prepare for the rapidly changing environment. Themes include the non-bank credit boom, the development of China and Asia more broadly, and the highly leveraged US financial sector and the likely monetary ...

Prime Super refreshes executive lineup

ELIZABETH FRY  |  FRIDAY, 29 NOV 2024
... she was responsible for designing, developing, and leading the dealership services team as head of advice delivery at ANZ Bank, and also worked as general manager of advice services and head of products and marketing at National Australia Bank.

First Sentier makes leadership appointments

ELIZA BAVIN  |  FRIDAY, 29 NOV 2024
First Sentier Investors (FSI) has announced two key leadership appointments, effective 1 January 2025. Harry Moore, currently the global head of distribution, marketing, and communications is appointed to the newly created role of chief commercial officer. ...

Bullock hints at no rate cut in 2025

ELIZA BAVIN  |  FRIDAY, 29 NOV 2024
Reserve Bank of Australia (RBA) governor Michele Bullock has reaffirmed the central bank's stance that interest rates are likely to stay higher for longer as sticky inflation persists. Speaking at a Centre of Economic Development (CEDA) dinner ...

'But for' compensation methodology unfair: FAAA

KARREN VERGARA  |  FRIDAY, 29 NOV 2024
... adviser." Singh agreed that, from the outside, it looks like an opportunity cost calculation. Taking the example of Commonwealth Bank, which some years ago took clients' investments out of term deposits, referred them to financial planners who invested ...

'New class of advisers' need clear-cut distinction: FAAA

KARREN VERGARA  |  THURSDAY, 28 NOV 2024
Professional reputations could be harmed if the government does not distinctly delineate between its proposed new class of advisers (NCAs) and financial advisers, the Financial Advice Association Australia (FAAA) warns in anticipation of the looming ...

Regulators warn of possible issues with FAR reporting

ELIZA BAVIN  |  THURSDAY, 28 NOV 2024
APRA deputy chair Margaret Cole and ASIC deputy chair Sarah Court have sent a letter to superannuation trustees reminding them of their obligations under the Financial Accountability Regime (FAR) before it takes effect next year. The FAR commenced for ...

Inflation remains in RBA's target range

ELIZA BAVIN  |  WEDNESDAY, 27 NOV 2024
... months to October 2024, according to the latest data from the Australian Bureau of Statistics (ABS), in line with the Reserve Bank of Australia's (RBA) target range. "Annual inflation was steady at 2.1% in October and remains the lowest annual inflation ...

Macquarie fined $25m over 400 fake trades

MATTHEW WAI  |  WEDNESDAY, 27 NOV 2024
The UK's Financial Conduct Authority (FCA) has fined Macquarie Bank's London Branch (MBL) $25 million (£13m) for enabling one of its employees to record over 400 fictitious trades over a 20-month period. The fictitious trades also cost MBL an estimated ...

Top asset owners return to growth: Study

JAMIE WILLIAMSON  |  TUESDAY, 26 NOV 2024
... $22.63 trillion. Of this, 24.4% belongs to the top five asset owners, being Japan's Government Pension Investment, Norges Bank Investment Management, China Investment Corporation, SAFE Investment Company, and the Abu Dhabi Investment Authority. In total ...