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

Search Results

Showing 1061 - 1070 of 8418 results for "Big"

Australian Ethical takes stake in boutique

KARREN VERGARA  |  THURSDAY, 9 DEC 2021
Australian Ethical has acquired a stake in the newly launched Sentient Impact Group, a boutique chaired by former NAB chief Andrew Thorburn. Australian Ethical's minority stake comes to $5.2 million, giving it a non-executive seat on Sentient's ...

Yarra Capital bolsters investment team

ELIZABETH MCARTHUR  |  WEDNESDAY, 8 DEC 2021
... and Australian microcap equity strategies. They are standout hires and we're excited to welcome them into Yarra for a big year ahead." "We are similarly delighted to announce Chris and Phil's promotions in recognition of their consistent high ...

APRA tells Christian Super to merge

JAMIE WILLIAMSON  |  TUESDAY, 7 DEC 2021
With just $2 billion in assets, Christian Super has been told by the prudential regulator that it must merge by 31 July 2022 following persistent underperformance. APRA has imposed additional licence conditions on the super fund in order to protect ...

Intergenerational transfer hits $1.5tn

KARREN VERGARA  |  TUESDAY, 7 DEC 2021
Australians give away the vast majority of their wealth, as some $1.5 trillion has been passed on to the next generation since 2002, the Productivity Commission finds. In 2018 alone, nearly 90% of the $100 billion transferred was in the form of inheritances ...

Pre-retirees worry about political risks: Survey

KARREN VERGARA  |  TUESDAY, 7 DEC 2021
While Australians believe they are well prepared for retirement, many are worried about the political risks they face once they are retired, research suggests. Illness remains the biggest worry Aussies face in their later years, but regulatory changes ...

Economic recap: Week to December 3

BENJAMIN ONG  |  MONDAY, 6 DEC 2021
Australians all, let us rejoice... for despite the Delta-induced lockdowns in the September quarter, the domestic economy shrank by much less than most of us were expecting. The Australian Bureau of Statistics' (ABS) National Accounts report shows ...

AvSuper hunts merger partner, launches EOI process

CHLOE WALKER  |  FRIDAY, 3 DEC 2021
AvSuper today advised it has invited a select number of super funds to discuss a potential merger, having determined it would be in the best interests of members to do so. The launch of an Expression of Interest process comes after AvSuper's MySuper ...

Government fails to prioritise $450 threshold

ELIZABETH MCARTHUR  |  FRIDAY, 3 DEC 2021
... Minister Kelly O'Dwyer in 2018. "It is disappointing that a measure that has a negligible cost to the government, a potentially big impact on women and was announced over three years ago has been dropped from a very light legislative program." Women ...

CFS targets adviser market

KARREN VERGARA  |  THURSDAY, 2 DEC 2021
With a $430 million funding boost, Colonial First State hopes to capture a bigger slice of the financial adviser market. Upon announcing that Commonwealth Bank relinquished its 55% stake as of yesterday, CFS unveiled its grand plan to transform operationally ...

Backlash after 'unprecedented' ASIC action against Westpac

ELIZABETH MCARTHUR  |  THURSDAY, 2 DEC 2021
... 'walking the talk' they would remediate the victims of what Paull refers to as junk insurance. "Customers who trusted the big banks were ripped off and continue to be out of pocket despite a Royal Commission and numerous ASIC investigations which found ...