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

Search Results

Showing 1061 - 1070 of 4977 results for "Limit"

Salaries boosted by skills shortage

ELIZABETH MCARTHUR  |  THURSDAY, 20 MAY 2021
The financial services and insurance industries have record high job vacancies and skills shortages, sparking a significant boost in salaries. According to recruiter Robert Half's 2021 salary guide, it's a good time to be looking for work in financial ...

Trustee of the Year announced

KANIKA SOOD  |  TUESDAY, 18 MAY 2021
A well-known financial adviser and superannuation trustee has been named trustee of the year by the Australian Institute of Superannuation Trustees. Sue Dahn was announced as the recipient this morning at the Conference of Major Superannuation Funds ...

More super funds make climate commitments

ELIZABETH MCARTHUR  |  MONDAY, 17 MAY 2021
More financial institutions have signed up to Climate League 2030, which seeks to achieve Paris-aligned emissions reductions in Australia by 2030. TelstraSuper, ISPT, U Ethical and Teachers Mutual Bank today joined over a dozen institutional investors ...

BetaShares hires from Class

ANNABELLE DICKSON  |  FRIDAY, 14 MAY 2021
The former chief strategy officer at Class Limited has joined BetaShares as executive director of corporate development, taking over from Jason Gellert. Glenn Poynton will join the ETF provider in June, having spent over three years at Class where he ...

CBA adds $32m to advice remediation bill

KARREN VERGARA  |  WEDNESDAY, 12 MAY 2021
... provided $200 million in indemnity to CountPlus. CBA this morning announced the indemnity bill has ballooned but is within the limit of $300 million, which was agreed upon by both parties. CountPlus paid the bank $2.5 million to purchase Count Financial ...

Super funds slam budget's super gap measures

KANIKA SOOD  |  WEDNESDAY, 12 MAY 2021
... abolishing the work test for voluntary super contributions for 67 to 74 year-olds, lowering the downsizer contribution age limit to 60 from 65, providing a two-year amnesty for exiting legacy retirement products, relaxing residency requirements for SMSFs ...

Somers acquires 15% stake in Aura Group

ELIZABETH MCARTHUR  |  WEDNESDAY, 12 MAY 2021
Bermuda-based listed financial services company Somers has taken a stake in Aura Group. The strategic minority stake of 15% will allow Aura to collaborate with Somers parent company ICM and leverage a global network of 10 offices and investment specialists ...

Retirees freed from legacy products

ANNABELLE DICKSON  |  TUESDAY, 11 MAY 2021
Individuals locked into legacy retirement products will now have the chance to transfer into newer, more flexible products without penalty under a new measure. The government is introducing a two-year amnesty for individuals in market-linked, life-expectancy ...

Dexus to acquire APN Property Group

KANIKA SOOD  |  TUESDAY, 11 MAY 2021
Dexus will acquire all of APN Group's stapled securities in a bid that values the latter at about $320 million. The two have entered a scheme implementation deed. Dexus will pay 91.5 cents per APN stapled security in cash. This is 50% higher than APN's ...

Pengana appoints manager

KANIKA SOOD  |  MONDAY, 10 MAY 2021
Pengana has appointed US manager Harding Loevner to manage $435 million of assets in its listed and unlisted International Fund. Harding Loevner will also manage both the LIC Pengana International Equities Limited (ASX: PIA) and the unlisted vehicle ...