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Showing 81 - 90 of 212 results for "SWIFT"

All options open for retirement income review

HARRISON WORLEY  |  FRIDAY, 26 JUL 2019
The government's upcoming retirement income review is open to consider any and all policy options, including the possibility of making contributions voluntary. Speaking to journalists yesterday, Prime Minister Scott Morrison revealed the retirement ...

ATO clarifies SMSF death benefit income streams

KARREN VERGARA  |  MONDAY, 22 JUL 2019
The Australian Tax Office has released a new explanatory note on death benefit income streams, which a self-managed superannuation fund specialist has labelled as "confusing". The ATO said SMSFs recently raised a number of questions around the interaction ...

State Street cops $125m penalty

JAMIE WILLIAMSON  |  WEDNESDAY, 3 JUL 2019
... to the cost of sending secured financial messages through the Society of Worldwide Interbank Financial Telecommunication (SWIFT) network. The SEC said State Street's clients agreed to pay the firm back for out-of-pocket custodial expenses that the ...

Former Gold Coast adviser banned

HARRISON WORLEY  |  MONDAY, 3 JUN 2019
... for everyone, and advisers recommending SMSFs only for the purpose of borrowing money to purchase property should expect swift action if issues arise. "Financial advisers must not rely solely on client direction when establishing an SMSF. They must adequately ...

Chief economist update: Same challenges, differing reactions

BENJAMIN ONG  |  THURSDAY, 9 MAY 2019
... economic conditions becomes a test on whether optimism (RBA) is sufficient to turn the economy around or more concrete and swift action (RBNZ) is required to stem the slowdown in activity and return inflation back towards target.

NPP chair breaks down rollout

ELIZABETH MCARTHUR  |  WEDNESDAY, 17 APR 2019
... could look like in about two or three years' time," he said. McKinnon points to a recent trial using the NPP conducted by SWIFT which successfully tested instant cross-border payments involving banks in China, Singapore, Thailand and Australia as an ...

New Zealand investors call for action after attacks

ELIZABETH MCARTHUR  |  TUESDAY, 2 APR 2019
... "Our initial focus has been on building a broad coalition of New Zealand investors." "We have been delighted to receive swift and wholehearted support for the initiative from the wider New Zealand investment sector." He said there is also a groundswell ...

Investors raise alarm on Facebook

ELIZABETH MCARTHUR  |  WEDNESDAY, 27 MAR 2019
In the wake of the Christchurch terrorist attack, many are questioning the role of Facebook in investment portfolios. After the social media giant live streamed the shootings, ethical investors have been forced to consider whether Facebook genuinely ...

Ten stories that defined the Royal Commission

HARRISON WORLEY  |  WEDNESDAY, 19 DEC 2018
... difficult appearance at the Royal Commission's hearings into financial advice, AMP's outgoing chief executive made a swift exit, and soon a whole bevy of the wealth manager's senior executives would follow. Former chair Catherine Brenner ...

Social media reacts to SIBOS

HARRISON WORLEY  |  FRIDAY, 26 OCT 2018
Attendees of the world's largest banking conference took to social media to share their SIBOS experience. Swift at sibos today: "The benefits of DLT are promising, but delivering it is still years away." There are over 100 financial institutions with ...