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

Search Results

Showing 41 - 50 of 3182 results for "Maintain"

Islamic Bank hands back licence

JAMIE WILLIAMSON  |  THURSDAY, 7 MAR 2024
... - also known as Islamic Money - said the decision was the result of not being able to raise the necessary capital to maintain the licence. "We understand the anticipation and excitement surrounding the launch of the first Islamic bank in Australia. The ...

Family offices still love hedge funds: Preqin

CHLOE WALKER  |  TUESDAY, 5 MAR 2024
The number of family office investors allocating to hedge funds increased by 10% from 2022 to 2023, and has doubled since 2015, according to new research by Preqin. The Preqin Fundraising from Family Offices report stated that family offices across ...

Bloom Impact, MSC pulled up for greenwashing

RACHEL ALEMBAKIS  |  THURSDAY, 29 FEB 2024
The now-defunct app-led climate impact fund is the latest entity to cop a fine for greenwashing from the regulator. Melbourne Securities Corporation (MSC) has paid $13,320 to comply with an ASIC infringement notice relating to allegations of misleading ...

ASIC waves red flag at advisers, trustees over Choice products

JAMIE WILLIAMSON  |  THURSDAY, 22 FEB 2024
An extensive review of processes across superannuation trustees, financial advisers and advice licensees has found very little evidence that consumers are aware of how poorly Choice products they're in are performing, and that such underperformance ...

APRA proposes updated operational risk financial requirements

ANDREW MCKEAN  |  TUESDAY, 20 FEB 2024
... risk related losses fairly across different cohorts of beneficiaries," APRA said. APRA continued that it's prudent to maintain the existing guideline target amount for the ORFR of 25 basis points of funds under management. It added that this standard ...

Family offices choose private credit: Survey

CHLOE WALKER  |  MONDAY, 19 FEB 2024
... sentiment is really negative, and we think investors might want to consider the benefits of a call spread option strategy to maintain some exposure if they are reducing their direct cash exposures to public equities in China at current valuations." The ...

Dexus results mixed prior to Steinberg's exit

CHLOE WALKER  |  WEDNESDAY, 14 FEB 2024
... operations and completed $1.3 billion in balance sheet divestments during the half. This, Steinberg said, enabled Dexus to maintain a strong balance sheet and recycle capital into other opportunities, such as its committed development pipeline. "In November ...

Too many Aussies eligible for wholesale products: FSC

ANDREW MCKEAN  |  TUESDAY, 13 FEB 2024
... thresholds, to get the balance right between the important role of wholesale products in capital markets, and the need to maintain consumer protections in financial advice," FSC chief executive Blake Briggs said.

Vale Jason Milosevski

JAMIE WILLIAMSON  |  TUESDAY, 6 FEB 2024
Tributes are flowing for much loved business development executive Jason Milosevski, who sadly passed away over the weekend, aged 43. Milosevski was a fixture of the financial advice landscape for more than 20 years, building a vast network through ...

iExtend finds interim arrangement to operate

KARREN VERGARA  |  TUESDAY, 6 FEB 2024
... licence. iExtend partners with policyholders by paying the premiums of the co-owned cover. Policyholders are able to maintain their cover and receive benefits albeit at a lower level but will no longer have to pay the premiums. ASIC was concerned iExtend ...