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

Search Results

Showing 881 - 890 of 9560 results for "Release"

ISA releases pre-election wish list

CHLOE WALKER  |  TUESDAY, 14 DEC 2021
... schedule for increasing the super guarantee to 12% by 2025; and finally, ruling out relaxation of existing rules for early release of super. "Sticking with the foundations, like the plan to increase the super guarantee to 12% and preserving super for ...

Economic recap: Week to December 10

BENJAMIN ONG  |  MONDAY, 13 DEC 2021
... Bank of China (PBOC) cut banks' reserve requirement ratio by 5 percentage points. According to Bloomberg, this would release "some 1.2 trillion yuan ($188 billion) of liquidity" and is expected to provide more stimulus as needed. A few uncertainties ...

Financial Advice Hub goes live

KARREN VERGARA  |  WEDNESDAY, 8 DEC 2021
... affordable personal advice. It recently launched more guidance on Records of Aadvice and Statements of Advice. ASIC is due to release an advice snapshot summarising common terminology and advice concepts. Separately, ASIC published a list of public companies ...

Majority of Aussie fund categories underperform: Data

CHLOE WALKER  |  WEDNESDAY, 8 DEC 2021
S&P Dow Jones Indices Australia has today released its Persistence Scorecard Mid-Year 2021, revealing that the majority of Australian fund categories overall showed weak performance persistence in top-performing funds across three- and five-year periods. ...

Intergenerational transfer hits $1.5tn

KARREN VERGARA  |  TUESDAY, 7 DEC 2021
Australians give away the vast majority of their wealth, as some $1.5 trillion has been passed on to the next generation since 2002, the Productivity Commission finds. In 2018 alone, nearly 90% of the $100 billion transferred was in the form of inheritances ...

Proposed reforms could simplify advice

KARREN VERGARA  |  FRIDAY, 3 DEC 2021
... retirement savings account products, and traditional trustee company services. While the federal government has yet to release the terms of reference for the Quality of Advice Review in 2022, the ALRC anticipates that it will consider the findings before ...

ASIC sets out limited advice expectations

KARREN VERGARA  |  THURSDAY, 2 DEC 2021
ASIC has provided a roadmap for financial advisers to ensure that they do not breach their limited advice obligations. The corporate regulator has spelled out how not to breach limited advice regulation in the new information sheet INFO 267: Tips for ...

ESG overhaul for SSGA ETFs

JAMIE WILLIAMSON  |  WEDNESDAY, 1 DEC 2021
State Street Global Advisors will roll out enhancements to four of its SPDR ETFs and, in the process, give Australian investors access to an ESG-focused global real estate ETF and reduced carbon emissions emerging markets ETF for the first time. From ...

APRA finalises new bank capital framework

CHLOE WALKER  |  TUESDAY, 30 NOV 2021
The Australian Prudential Regulation Authority (APRA) has finalised its new bank capital framework, designed to strengthen levels of capital and align Australian standards with the internationally agreed Basel III requirements. The new regime, which ...

Guidance on financial risks of climate change released

JAMIE WILLIAMSON  |  FRIDAY, 26 NOV 2021
The prudential regulator has released the final guidance on managing the financial risks of climate change, having made minor amendments following industry consultation. The guidance outlines how institutions must identify and monitor risk, covering ...