Maybe the warranties reduction is based on chargeback from ANZ wealth exposure.
30 percent allocation vs IFL reduced assumption say 20 percent.
Also are the banks more likely to have commited gross errors vs AMP and IFL given core capabilities.
Core capabilities of IFL would be greater than big 4 for wealth management.
Not to mention assumed 10 years of backpay when 7 years is the limit records need to be kept.
If you only have records of 7 years why do you need to allow for 10?
APRA approval?, page-6
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Last
$3.36 |
Change
0.040(1.20%) |
Mkt cap ! $2.253B | |||
| Open | High | Low | Value | Volume |
| $3.30 | $3.41 | $3.30 | $14.97M | 4.444M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5301 | $3.36 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.37 | 5000 | 1 |
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| Last trade - 16.10pm 07/11/2024 (20 minute delay) ? |
| IFL (ASX) Chart |