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

Search Results

Showing 1111 - 1120 of 8239 results for "June"

Diverger acquires licensee support firm

CASSANDRA BALDINI  |  THURSDAY, 1 DEC 2022
... 10 advisers is now the largest and fastest growing segment in the advice industry and accounted for 25% of advice firms in June this year.

Crescent Wealth responds to PDS error criticism

ANDREW MCKEAN  |  THURSDAY, 1 DEC 2022
... opportunity to strongly reaffirm its foundation of Islamic-inspired values, particularly, honesty, trust and respect. But still, to June 30, Crescent Wealth's Growth Option over five years (annualised) has returned a meagre 4.6%, its balanced option ...

ASIC case against Commonwealth Bank dismissed

CASSANDRA BALDINI  |  WEDNESDAY, 30 NOV 2022
... financial services licensee by incorrectly charging monthly access fees to customers. The regulator alleged that, between June 2010 and September 2019, CBA incorrectly charged monthly access fees to customers who were entitled to fee waivers because ...

SMSF auditors in hot water

CHLOE WALKER  |  WEDNESDAY, 30 NOV 2022
... self-managed superannuation fund (SMSF) auditors for breaches of independence requirements and auditing standards. Between June 29 to September 30, ASIC disqualified three SMSF auditors from being registered, imposed additional conditions on the registration ...

Six local funds in world's top 100: Study

JAMIE WILLIAMSON  |  WEDNESDAY, 30 NOV 2022
... US$14.1 trillion is held by the top 20. The rankings are based largely on data to March 31, however in some cases figures from June 2021 were used. There are six local entities that make the Asset Owners 100, with Future Fund ranking the highest at 37 ...

Crescent Wealth misreports indirect costs, breaches regulatory standards

ANDREW MCKEAN  |  MONDAY, 28 NOV 2022
... they should contact the fund and outline how it did so and whether there was a loss suffered. Over a five-year period, to June 30, Crescent Wealth's Growth Option has returned a meagre 4.6% per annum, its balanced option 3.8%, and conservative option ...

Bahamian firm joins Future Gen portfolio

CHLOE WALKER  |  MONDAY, 28 NOV 2022
... I am confident that both our shareholders and not-for-profit partners will benefit enormously from his expertise." Since June, Future Generation Global has invested in four additional fund managers, allocation 17% of its investment portfolio, at the ...

Mutuals' assets increase, profits declines: KPMG

CASSANDRA BALDINI  |  FRIDAY, 25 NOV 2022
... 5.6%. Mutuals comprise 2.6 % of total assets across all authorised deposit-taking institutions (ADIs) in Australia as of June 30 this year. "While total asset growth slowed, the reduced market share reflects the strong competition in the mortgage lending ...

Goldman Sachs charged over ESG failures

JAMIE WILLIAMSON, RACHEL ALEMBAKIS  |  WEDNESDAY, 23 NOV 2022
... International Equity ESG Fund and a US Equity ESG separately managed account strategy. The SEC claimed that between April 2017 and June 2018, the firm had no written policies and procedures for ESG research for one of the products and, once the written ...

Super fund overhauls investment direction

JAMIE WILLIAMSON  |  MONDAY, 21 NOV 2022
... growth, "attracting a growing member base that will increase funds under management over time." Rainmaker analysis shows, as at June 30, it has $54 million in funds under management, up 59% year on year. Three quarters of this is invested in the Growth ...