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Showing 1111 - 1120 of 10611 results for "Standard"

Aware Super rolls out adviser portal

KARREN VERGARA  |  THURSDAY, 14 SEP 2023
... said the portal "has transformed the way independent financial advisers (IFAs) interact with the fund, setting a new standard for profit-to-member funds in providing seamless functionality and ease of use". "This has changed the proposition for IFAs ...

Most Australian actively managed funds lag the index

ANDREW MCKEAN  |  WEDNESDAY, 13 SEP 2023
... the five years ending December 2017 liquidated within the subsequent five years. As previously reported by Financial Standard, that report also revealed that active management performance is generally short-lived. Remarkably, almost no Australian funds ...

Blackstone drops $500m on Brisbane student accommodation

CHLOE WALKER  |  TUESDAY, 12 SEP 2023
... is one of the top destinations around the world for international students," a Blackstone spokesperson told Financial Standard. "There's a shortage of traditional on-campus accommodation, as universities in Brisbane house only 5% of total students ...

Viridian launches new specialist division amid acquisition drive

ANDREW MCKEAN  |  TUESDAY, 12 SEP 2023
... mortgage operations integrate into Smartmove, projecting to double its client base to 16,000. Viridian told Financial Standard that it has initiated an acquisition strategy to bring in advice firms that share similar values - under an equity ownership ...

NGS Super to debut retirement income product

KARREN VERGARA  |  MONDAY, 11 SEP 2023
... to help decumulation phase members retire with confidence. NGS Super chief executive Natalie Previtera told Financial Standard that the $14.2 billion superannuation fund will unveil Easy Default, which aims to help members spend more in the early stages ...

Platinum AM reports almost $1bn in outflows

ANDREW MCKEAN  |  FRIDAY, 8 SEP 2023
... 31. Though its year-to-date net inflows remain robust, totalling US$7.3 billion. As previously reported by Financial Standard, GQG is also in the throes of a bidding war to acquire Pacific Current Group (PAC). While not disclosing any specific offer ...

Experience pathway enshrined in legislation

KARREN VERGARA  |  FRIDAY, 8 SEP 2023
The highly anticipated legislation that recognises veteran financial advisers as professionals and exempts them from undertaking further qualifications has passed both houses of parliament. The Labor government passed Treasury Laws Amendment (2023 Measures ...

APRA finds signs of step change in remuneration practices

ANDREW MCKEAN  |  THURSDAY, 7 SEP 2023
... found early signs of change in the remuneration practices of financial services entities in a review of how Prudential Standard CPS 511 has been applied. In a letter to all APRA-regulated entities, the regulator said it was pleased with the steps taken ...

Macquarie flags asset management challenges

CASSANDRA BALDINI  |  THURSDAY, 7 SEP 2023
Macquarie Group posted a 3% drop in its private markets assets under management (AUM) to $326.8 billion and said its asset management business will face economic challenges over the short term. In an investor presentation, the group said the drop was ...

RBA holds cash rate at 4.1%

CASSANDRA BALDINI  |  WEDNESDAY, 6 SEP 2023
... economists who predicted the hold following a drop in consumer spending and the ease of inflation. Speaking to Financial Standard, independent economist Nicki Hutley affirmed she is 99% certain that the RBA is done and dusted with hikes. "It's reasonable ...