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Fund managers nervously await 'golden visa' reforms

KARREN VERGARA  |  WEDNESDAY, 24 APR 2024
... Minnett have a dedicated unit servicing this client base. KPMG Asia Pacific immigration leader Mark Wright told Financial Standard that the visa technically has not been cancelled. "It's still actively available but because no numbers have been allocated ...

Auditors lambast mandatory climate reporting requirements

ELIZA BAVIN  |  TUESDAY, 23 APR 2024
... introduced climate reporting Bill is fit purpose. I'm certain they don't want to send smaller business into unnecessary financial hardship as a result of these planned new reporting requirements." Meantime, Australian Securities and Investments Commission ...

Finalists named in annual MAX Awards

JAMIE WILLIAMSON  |  MONDAY, 22 APR 2024
The finalists for Financial Standard 's annual MAX Awards have been decided, including for the inaugural Rising Star of the Year award. The MAX (Marketing, Advertisting and Sales Excellence) Awards recognise individuals and teams excelling in the fields ...

OneSuper to take on more super products

JAMIE WILLIAMSON  |  MONDAY, 22 APR 2024
... funds under management through the transfer of another sub-plan, home to several super products. Last week, Financial Standard reported on Diversa's decision to merge Spaceship Super into OneSuper via a successor fund transfer. The move will add ...

The Aussie wealthtech firms that are 'most innovative'

ANDREW MCKEAN  |  TUESDAY, 16 APR 2024
... for its wealth management administration platform, Composer. Practifi chief executive Adrian Johnstone told Financial Standard that the company aims to be the "operational backbone" of an independent advice firm by offering a "fully integrated ecosystem" ...

Vale Wayne McGauley

ELIZA BAVIN  |  TUESDAY, 16 APR 2024
... independent financial advisers, and private wealth firms. Wheelhouse managing director Alastair MacLeod told Financial Standard McGauley would be deeply missed. "Wayne loved meeting and connecting with people, learning and asking questions, and above ...

Proxy advisors have 'undue influence': Jamie Dimon

ANDREW MCKEAN  |  THURSDAY, 11 APR 2024
... with companies while helping to build trust between shareholders, investors and companies," he said. Note: Financial Standard is owned and published by ISS.

'Licensee for hire' fined $1.25m by court

JAMIE WILLIAMSON  |  THURSDAY, 11 APR 2024
... covered by its licence; ensure that its representatives were adequately trained; maintain the competence to provide financial services covered by its AFS licence; take responsible steps to ensure representatives complied with the law; and do all things ...

IMF flags concerns over 'risky' private credit market

ELIZA BAVIN  |  TUESDAY, 9 APR 2024
... trillion in assets and committed capital globally last year. The private credit market, which specialises in non-bank financial institutions such as investment funds lending to corporate borrowers, is now nearing market share equal to that of syndicated ...

Wealth firm gears up to change administrator

ANDREW MCKEAN  |  TUESDAY, 2 APR 2024
... technology to a new SS&C platform called Acclaim Online. Acclaim Wealth chief executive Terry Constable told Financial Standard this represents a significant member outcome as all members will receive a new login and have a completely different experience. ...
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