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

Search Results

Showing 1121 - 1130 of 14262 results for "Bec"

RI Toowoomba eyes regional market

KARREN VERGARA  |  WEDNESDAY, 21 AUG 2024
RI Toowoomba has acquired a risk advice business as it flags bold ambitions to acquire four more regional practices before the end of the year. RI Toowoomba, which is part of the AZ NGA stable, has recently taken over Lifecover Australia, a risk-only ...

Rest cuts investment options

ELIZA BAVIN  |  WEDNESDAY, 21 AUG 2024
Rest has announced a raft of changes to its investment menu, including a reduction in the number of investment options from 15 to nine. From September 30, the super fund will streamline its investment menu in a move it said will make the selection process ...

Aware Super welcomes new chair

MATTHEW WAI  |  TUESDAY, 20 AUG 2024
Aware Super has appointed Christine McLoughlin as its chair, effective October 1. The appointment follows the departure of Sam Mostyn, who stepped down to become Australia's governor general in April. McLoughlin joins the board with over 25 years ...

Super's board requirements are sound: SMC

ELIZA BAVIN  |  TUESDAY, 20 AUG 2024
Super Members Council chief executive Misha Schubert has defended the selection requirements for superannuation fund boards in the wake of the CFMEU scandal. Schubert said the shared governance model of profit-to-member funds was created with a "clear ...

Losses further sink Lendlease

KARREN VERGARA  |  MONDAY, 19 AUG 2024
Lendlease's financial woes deepened in the 2024 financial year, making a $1.5 billion loss amid overhauling its operations. The ASX-listed firm's losses ballooned from $232 million in FY23 despite reporting 15% growth in EBITDA to $809 million ...

Aware Super announces new $600m acquisition

ELIZA BAVIN  |  MONDAY, 19 AUG 2024
Aware Real Estate has expanded its industrial real estate footprint in Victoria in partnership with Barings with the acquisition of a $600 million business park. Located in Somerton, 20 kilometers from the Melbourne CBD, the Austrak Business Park is ...

ASX lifts revenue amid lower listings, capital raises

KARREN VERGARA  |  FRIDAY, 16 AUG 2024
The ASX earned record revenue of $1.03 billion in the 2024 financial year despite a volatile period for equity markets and lower capital raising. Total revenue grew 2.4% from the prior corresponding period, largely driven by the exchange's markets ...

SEC seeks to shut down $450m Ponzi scheme

JAMIE WILLIAMSON  |  THURSDAY, 15 AUG 2024
The US regulator has filed charges over a $453 million Ponzi scheme that saw more than 2000 investors' retirement savings spent on luxury yachts, private jets and more. The Securities and Exchange Commission (SEC) obtained a preliminary injunction ...

ASX sued by ASIC for alleged misleading statements

ELIZA BAVIN  |  WEDNESDAY, 14 AUG 2024
The Australian Securities and Investments Commission (ASIC) has commenced proceedings in the Federal Court against the ASX, for allegedly making misleading statements related to its Clearing House Electronic Subregister System (CHESS) replacement project. ...

New mandate boosts JANA's wealth division

MATTHEW WAI  |  WEDNESDAY, 14 AUG 2024
JANA Investment Advisers has been mandated by a Melbourne advice firm to provide managed account consulting services. JANA announced a new agreement with Investor Wealth, providing consultancy and support services related to managed accounts, including ...