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

Search Results

Showing 11171 - 11180 of 28277 results for "NOT"

Former Charter adviser receives permanent ban

JAMIE WILLIAMSON  |  THURSDAY, 22 FEB 2018
... 2015 and June 2016, Poynter withdrew a total of $39,700 in fees from 10 clients' investment accounts for advice that he had not provided. Poynter personally received a financial benefit of $25,610 from doing so. Poynter was also found to have directed ...

ATO to advance early release of super: O'Dwyer

KARREN VERGARA  |  THURSDAY, 22 FEB 2018
Draft legislation that allows the ATO to facilitate the early release of superannuation is open for consultation. Treasury has released the exposure draft overnight that aims to expedite the early release of super funds and "improve the integrity of ...

Fintech incubator and law firm align

JAMIE WILLIAMSON  |  THURSDAY, 22 FEB 2018
... leading financial services law firm looking to aid the start-up community. Hall & Wilcox is now a corporate partner of the not-for-profit incubator, alongside the likes of NAB, ANZ, Optus, IAG, Suncorp and Westpac. A strong alignment between Stone & ...

Chief economist update: The real growth in wages

BENJAMIN ONG  |  THURSDAY, 22 FEB 2018
It's certainly welcomed but nothing to write home about. I speak about the Australian Bureau of Statistics' (ABS) Wage Price Index (WPI) report that revealed growth in total wages accelerated to 2.1% in the December quarter from 2% in the previous quarter. ...

Employers of choice work to close super gap

JAMIE WILLIAMSON  |  WEDNESDAY, 21 FEB 2018
... largest profit-for-member superannuation funds, our aim is to be a leader in supporting equality, inclusion and diversity not only in our workplace but with our members and in the broader community as well," Dwyer said. TAL was the only life insurer ...

Vertically aligned institutions pay $21.4m compensation

KARREN VERGARA  |  WEDNESDAY, 21 FEB 2018
... more customers will need to be compensated albeit "the amount of compensation and number of potentially affected customers is not known at this stage." As at 31 December 2017, each firm has paid the following amounts to customers: AMP ($14.7m), ANZ ($11.2m) ...

IOOF corporate development GM joins Australian Ethical

ALEX BURKE  |  WEDNESDAY, 21 FEB 2018
The group general manager of corporate development at IOOF has joined Australian Ethical's board as a non-executive director. Julie Orr has held the group GM role at IOOF since 2016; prior to this, she was general manager operations. Before IOOF, Orr ...

Tax strategies boost retirement savings: Research

KARREN VERGARA  |  WEDNESDAY, 21 FEB 2018
... The findings directly challenge a view sometimes proffered by consultants and commentators that tax efficient investing does not benefit super fund members, they added.

Chief economist update: Wagering on wages

BENJAMIN ONG  |  WEDNESDAY, 21 FEB 2018
... address to the ABE Conference in Sydney last 13 Feb, "how much and how quickly will they [wages] pick up?" In a nutshell, not so much and not so soon: "Here in Australia, wage growth has been quite weak even allowing for (what we estimate to be) the ...

Global manager begins alternative risk premia push

DARREN SNYDER  |  TUESDAY, 20 FEB 2018
... of the market and growing at 17%," Marais said. The WFAM head of multi-asset solutions said at this point the ARP market is not crowded. He said estimates show premia are on average one standard deviation away from their long-term average in terms of ...