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

Search Results

Showing 10191 - 10200 of 21783 results for "Dec"

Netwealth dominating platform sector

JAMIE WILLIAMSON  |  WEDNESDAY, 1 MAR 2017
Platform providers are shifting their focus toward development of functionality after years of costly compliance work, with netwealth leading the field. That is a key finding of Investment Trends' 2016 Platform Benchmarking and Competitive Analysis ...

CommInsure cleared of systemic problems

JAMIE WILLIAMSON  |  WEDNESDAY, 1 MAR 2017
An independent expert report compiled by Deloitte has cleared CommInsure of having systemic culture issues when it comes to claims handling processes. The Deloitte report states that no systemic issues related to historically declined claims were identified ...

AIST names interim chief executive

JAMIE WILLIAMSON  |  WEDNESDAY, 1 MAR 2017
The Australian Institute of Superannuation Trustees named its interim successor to Tom Garcia. AIST executive manager, governance and stewardship Eva Scheerlinck will commence in the role when current chief executive Garcia departs on 10 March. In a ...

Passive is a Faustian bargain: Ariel CIO

ALEX BURKE  |  WEDNESDAY, 1 MAR 2017
Ariel Investments' global equities chief investment officer, Rupal J. Bhansali, believes passive investors have made a "deal with the devil" in focusing on lower costs at the expense of higher risks. Explaining her position, Bhansali told a media briefing ...

Good credit

BENJAMIN ONG  |  WEDNESDAY, 1 MAR 2017
The latest lending stats out of the Eurozone continue the developing good news story in the single currency area despite the lingering political uncertainty - elections in France, the Netherlands and Germany - Brexit and continuing terrorist threat ...

Bad credit

BENJAMIN ONG  |  WEDNESDAY, 1 MAR 2017
Good one month, not so good the next. This is the story of private sector credit in Australia - the month-on-month growth rates, at least. Total private sector credit went up by a lower than expected 0.2% in the month of January - the slowest pace since ...

Bravura continues to grow

JAMIE WILLIAMSON  |  TUESDAY, 28 FEB 2017
Bravura Solutions recorded a 10% increase in wealth management revenue in the half-year to December 31 2016. The software provider's Sonata solution now accounts for 72.6% of total wealth management revenue, resulting in a 19.5% increase year on year ...

Australia winning silver in APAC fintech race

ALEX BURKE  |  TUESDAY, 28 FEB 2017
Australia's finance sector ranks second among its Asia-Pacific peers when it comes to digital transformation, according to State Street research. The Asia-Pacific portion of State Street's global survey of 2000 investors and 500 investment providers ...

Pricing error shaves $2.2m off Australian Ethical profit

ALEX BURKE  |  TUESDAY, 28 FEB 2017
The cost of remediating a unit pricing error drove Australian Ethical Investments' 1H17 profits down 62% to $0.5 million. The consolidated net profit, which includes the results of the Australian Ethical Foundation, was also impacted by employment restructure ...

Future Generation to donate $6.8m

KARREN VERGARA  |  TUESDAY, 28 FEB 2017
Future Generation Investment Company is on track donate $6.82 million to charities despite reporting a large drop in revenue and profit. Future Generation will deliver a significant donation in October to charities with a focus on children at risk and ...