Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW
Search ResultsShowing 91 - 100 of 100+ results for "Australia"
Xinja ceases banking
ELIZA BAVIN  |  WEDNESDAY, 16 DEC 2020
... marked by COVID-19 and an increasingly difficult capital-raising environment, and following a review of the market in Australia, Xinja has decided to withdraw the bank account and Stash (savings) account and cease being a bank," Xinja said. "This was ...
Industry fund sees 252% increase in digital advice use
ELIZABETH MCARTHUR  |  WEDNESDAY, 16 DEC 2020
An industry superannuation fund has seen interactions with its online financial advice tool more than double year-on-year. Rest Online Advice interactions increased by 252% in the 2019/2020 financial year compared to the previous year. In total Rest ...
Aussie, Lendi to merge
ELIZABETH MCARTHUR  |  WEDNESDAY, 16 DEC 2020
... Select branded home loan product. "The merger is another important step in the almost 29-year evolution of Aussie as Australia's leading retail mortgage broker," Aussie chief executive James Symond said. "We are currently posting record lending volumes ...
LICs show sign of struggle
ANNABELLE DICKSON  |  WEDNESDAY, 16 DEC 2020
Demand for listed investment companies (LICs) has decreased significantly due to heightened investor interest in exchange traded products (ETPs), managed accounts and mFunds. The latest Rainmaker Information Wholesale Advantage Report show LICs previously ...
Integrity Life partners for group insurance
ELIZA BAVIN  |  WEDNESDAY, 16 DEC 2020
... executive at Integrity Lesley Mamelok said she is thrilled to be Insurope's group insurance multinational pooling partner in Australia. "Insurope brings a flexible and innovative approach to multinational pooling," she said. "The new offering will benefit ...
Australia in China's shadow
BENJAMIN ONG  |  WEDNESDAY, 16 DEC 2020
... bans and quotas and increased tariffs -- that's strangulating Australian exports to Beijing. This is because China is Australia's biggest export market. Australian Department of Foreign Affairs and Trade data shows that Beijing accounts for 35.3% of ...
Key AMP executive resigns
KARREN VERGARA  |  TUESDAY, 15 DEC 2020
... company AMP has confirmed. Lara Bourguignon is the managing director of superannuation, retirement and platforms for AMP Australia and the chief executive of SuperConcepts. Bourguignon will finish at the end of 2020 and a search for her replacement is ...
Magellan launches funds on Chi-X
ELIZA BAVIN  |  TUESDAY, 15 DEC 2020
... and investment expertise." The intention to launch the new Core funds was announced back in August this year. Chi-X Australia chief executive Vic Jokovic said the launch of the MFG funds provides retail investors one of the most respected fund managers ...
Personal finance app retires Australian business
KARREN VERGARA  |  TUESDAY, 15 DEC 2020
... by several forces such as COVID-19, forcing it out of the Australian market. Moneytree will discontinue services in Australia from 15 January 2021. Moneytree LINK, a financial data platform for businesses, and the Moneytree PFM, which managed financial ...
Cbus, Media Super merger progresses
JAMIE WILLIAMSON  |  TUESDAY, 15 DEC 2020
The two industry superannuation funds will move on to the next phase of merger preparations, as the smaller of the two confirms the closure of numerous investment options. Cbus and Media Super have announced they are commencing work on a merger plan ...
Link to something Gq181tUw