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

Search Results

Showing 11031 - 11040 of 29084 results for "PRI"

Chief economist update: Trump spoils for war

BENJAMIN ONG  |  FRIDAY, 2 MAR 2018
"You're going to have protection for the first time in a long time." For better or worse, US President Donald Trump continues to deliver on his campaign promises. Wall Street took Trump's latest promise fulfilment as an excuse to take profits. The Dow ...

Complaints authority welcomes new chair

KARREN VERGARA  |  THURSDAY, 1 MAR 2018
The Federal Government has appointed a former politician to chair the new one-stop-shop financial complaints body. Helen Coonan, who was a long-serving Federal senator and cabinet minister, is the chair of the newly legislated Australian Financial Complaints ...

Watermark LIC chair resigns to launch new business

ALEX BURKE  |  THURSDAY, 1 MAR 2018
The chair of the Watermark Global Leaders Fund (WGF) listed investment company is stepping down from his duties to avoid conflicts associated with the launch of a new asset management business. Rohan Hedley also cited increased commitments associated ...

Former FPA chief steps down from board

JAMIE WILLIAMSON  |  THURSDAY, 1 MAR 2018
The former chief executive of the Financial Planning Association of Australia has farewelled the industry body, stepping down from the board to make way for a new director. Completing his term as a board director yesterday, Mark Rantall was FPA chief ...

EQT names manager for major philanthropy client

ALEX BURKE  |  THURSDAY, 1 MAR 2018
Equity Trustees appointed a grants program manager to oversee one of Australia's largest philanthropic trusts. Ferdi Hepworth takes on the key role for the William Buckland Foundation, which was established in 1964 and has distributed more than $105 ...

Chief economist update: Australia low on credit

BENJAMIN ONG  |  THURSDAY, 1 MAR 2018
Those still expecting the Reserve Bank of Australia (RBA) to raise the official cash rate - even at least once this year - may have to re-think their call. For sure, economic dynamics may change sometime down the road but given the current slowing trend ...

Netwealth doubles managed account FUM

JAMIE WILLIAMSON  |  WEDNESDAY, 28 FEB 2018
Netwealth saw significant growth in its managed accounts offering during the first half of the 2018 financial year. Reporting a 107% rise on the prior corresponding period, Netwealth's suite of managed accounts now hold $1.4 billion in funds under management. ...

LGIAsuper bolsters infrastructure investments

KARREN VERGARA  |  WEDNESDAY, 28 FEB 2018
LGIAsuper is ramping up its stake in infrastructure investments, adding a regional port to its portfolio. LGIAsuper increased its interest in the Port of Portland to 31%, a deep-water facility located between Melbourne and Adelaide. One of its investment ...

Legg Mason affiliate divests tobacco, cluster bombs

ALEX BURKE  |  WEDNESDAY, 28 FEB 2018
A Legg Mason affiliate is divesting investments linked to tobacco and cluster munitions in its fixed income strategies. Western Asset is removing these investments in the Legg Mason Western Asset Global Bond Fund and Legg Mason Western Asset Australian ...

Conflicted SMSF auditor disqualified

JAMIE WILLIAMSON  |  WEDNESDAY, 28 FEB 2018
A self-managed superannuation fund auditor found to be in breach of basic independence rules was disqualified by ASIC. Robert Mark Taylor was disqualified for breaching auditor independence requirements outlined in APES 110 Code of Ethics for Professional ...