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Showing 61 - 70 of 936 results for "Sound"

Cbus lacks stringent director, expenditure policies: Deloitte

JAMIE WILLIAMSON  |  WEDNESDAY, 4 DEC 2024
... there was "insufficient information available to Deloitte to conclude whether the expenditure decisions were made for the sound and prudent management of the trustee's business operations and achieved intended purpose and stated benefit." In releasing ...

APRA maintains policy amid uncertain environment

ELIZA BAVIN  |  MONDAY, 25 NOV 2024
... jobs market and heightened geopolitical risks. Balanced against these risks, APRA noted that bank lending standards remain sound and non-performing loans remain low. APRA confirmed the mortgage serviceability buffer will remain at three percentage points ...

Performance the best member retention tool: Mine Super

MATTHEW WAI  |  FRIDAY, 22 NOV 2024
... guaranteed process that will not fail. Nair said this is a significant change from a super fund's perspective. "This might sound reductive, but in this moment, member servicing is not everything; it's the only thing..." he added.

Active managers outperform in limited asset classes, fall short in survivorship

KARREN VERGARA  |  MONDAY, 18 NOV 2024
Active fund managers tend to outperform their passive counterparts in certain categories like Australian equity income and bonds, but the latter has better survivorship rates, according to Morningstar's latest Active/Passive Barometer report. The analysis ...

AustralianSuper well placed to achieve mega-scale ambitions: Morningstar

JAMIE WILLIAMSON  |  FRIDAY, 15 NOV 2024
... equities, private equity, real assets, and other opportunities. Liquidity and capacity concerns overall are alleviated through sound practices in liquidity management, valuations governance, and regular stress-testing," it said. And while the fund's ...

Australian economy 'fundamentally sound': CBA

ELIZA BAVIN  |  WEDNESDAY, 13 NOV 2024
... Comyn struck an optimistic tone about the overall economic outlook, saying the "Australian economy remains fundamentally sound". His comments came as CBA announced an unaudited cash net profit after tax of around $2.5 billion for the first quarter of ...

ANZ profit slides, cuts dividend

ELIZA BAVIN  |  FRIDAY, 8 NOV 2024
... banking services," Elliott said. "In what is a challenging period for the global economy, we managed the bank prudently with sound levels of credit provisions, liquidity, and funding. "Higher interest rates are impacting customers and we saw an increase ...

ANZ suspected of more mistakes amid bond saga

MATTHEW WAI  |  MONDAY, 4 NOV 2024
... the capital penalty over ANZ's non-financial risk management practices. APRA chair John Lonsdale said ANZ is "financially sound" but remains prone to managing non-financial risk. "Of the major banks that had capital add-ons applied in 2019, ANZ is the ...

UniSuper offers plenty to like, says Morningstar

ANDREW MCKEAN  |  WEDNESDAY, 30 OCT 2024
UniSuper's collaborative approach to capital deployment and sound governance makes it a solid choice, according to Morningstar. Morningstar said UniSuper's strong leadership and collaborative nature reflect a team that's aligned with a total ...

Pride Advice acquires two Adelaide-based firms

MATTHEW WAI  |  TUESDAY, 8 OCT 2024
... financial advisers retiring and fewer younger people entering the profession, there's never been a greater need for sound and trusted advice." AZ Next Generation Advisory (AZ NGA) acquired Pride Advice in 2015, which had $180 million in assets under ...