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

Search Results

Showing 1121 - 1130 of 6512 results for "Jul"

Squirrel Super to pay over false property claims

JAMIE WILLIAMSON  |  TUESDAY, 21 JUN 2022
More than 18 months after legal action was launched, Squirrel Super will pay $55,000 for claims made in marketing materials about investing in residential property. The SMSF administrator was found by the Federal Court to have distributed a brochure ...

SCA buys Centuria shopping centre portfolio

CHLOE WALKER  |  MONDAY, 20 JUN 2022
SCA Property Group acquired five shopping centres from Centuria Capital Group's subsidiary Prime West for $180 million. The portfolio, as part of two unlisted wholesale funds, comprises convenience-based shopping centres across the nation, including ...

May exam sees 43% pass rate

JAMIE WILLIAMSON  |  MONDAY, 20 JUN 2022
Less than half of the financial advisers who sat the exam in May have passed, results show. The May sittings represented the 17 th since the introduction of the exam and saw 496 advisers attempt it; 72.2% of which were resitting the exam for at least ...

You can't have it all: Retirement income strategies

JAMIE WILLIAMSON  |  THURSDAY, 16 JUN 2022
While greater availability of retirement income products is a positive, the three objectives of these products as set out in legislation don't necessarily reflect members needs or desires. Appearing on a panel at the Australian Institute of Superannuation ...

Carbon transition and MBFID: Is it possible to meet both?

JAMIE WILLIAMSON  |  THURSDAY, 16 JUN 2022
About 70% of delegates to the Australian Institute of Superannuation Trustees' ASI Conference would still acquire new fossil-fuel based assets for the purpose of transitioning them - but is it in members' best financial interests? Polled during a panel ...

APRA sheds light on YFYS Performance Test

CASSANDRA BALDINI  |  THURSDAY, 16 JUN 2022
The prudential regulator has clarified Canberra's Your Future, Your Super performance test by adding new answers to its website. The test applies from July 2021, to My Super products and from July 2022 to trustee-directed products. APRA said it ...

Franklin Templeton new APAC co-heads

CASSANDRA BALDINI  |  THURSDAY, 16 JUN 2022
Franklin Templeton yesterday announced Matthew Harrison and Tariq Ahmad as co-heads of APAC. Harrison, the current managing director of Australia, and Ahmad, the current head of Asia distribution, will have joint ownership and accountability of APAC ...

Fair Work Commission raises minimum wage 5.2%

CASSANDRA BALDINI  |  WEDNESDAY, 15 JUN 2022
The Fair Work Commission has today announced a 5.2% increase to the minimum wage which will come into effect from July. The Fair Work Commission has announced that the new minimum wage will be $812.60 per week or $21.38 per hour. The commission panel ...

ASX-listed manager acquires retail boutique

JAMIE WILLIAMSON  |  WEDNESDAY, 15 JUN 2022
Teaminvest Private Group has acquired Burman Invest, the boutique founded by Julia Lee. Burman Invest was established in 2020 by Lee, who previously spent 11 years at Bell Direct. TIP Group has now acquired the equities boutique, adding greater capability ...

Allianz names new investment chief

ELIZABETH FRY  |  TUESDAY, 14 JUN 2022
Allianz Australia has appointed a new chief investment officer to replace Anthony Michael who departs the insurer next month. Allianz Australia has appointed a new investment chief to replace Anthony Michael who will quit the insurer in July after five ...