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

Search Results

Showing 1171 - 1180 of 3232 results for "April 2016"

SMSF platform makes $25m acquisition

ALLY SELBY  |  TUESDAY, 28 JAN 2020
An ASX-listed SMSF technology platform has dropped $25 million on its first acquisition, in a bid to reinforce its position as a technology leader. Class will acquire all of the shares in corporate compliance and documentation platform NowInfinity by ...

Westpac appoints new chair

ELIZA BAVIN  |  THURSDAY, 23 JAN 2020
Westpac has appointed John McFarlane to the board as non-executive director and chair-elect, set to replace Lindsay Maxsted on 2 April 2020. McFarlane has over 44 years' experience in the financial services industry both in Australia and internationally ...

AustralianSuper ups admin fees

JAMIE WILLIAMSON  |  WEDNESDAY, 22 JAN 2020
AustralianSuper will introduce a new fee for MySuper members from April 2020 to offset the impact of the Protecting Your Super changes. Effective April 1, AustralianSuper's members will start paying the 'Administration fee - Protecting Your ...

Chief economist update: Equity markets struck by coronavirus

BENJAMIN ONG  |  WEDNESDAY, 22 JAN 2020
"I've got chills, They're multiplying..." Wall Street is down... with the coronavirus flu! The Dow declined by 0.5%, the S&P 500 by 0.3%, the Nasdaq by 0.02%, and the Russell 2000 by 0.8 after the US Center for Disease Control and Prevention ...

MetLife appoints KPMG super director

ALLY SELBY  |  MONDAY, 20 JAN 2020
A director of superannuation advisory at KPMG is set to join MetLife in a newly created role. Wendy Tse will join MetLife in April as chief of staff and external affairs. She will advise MetLife's clients on regulatory and government affairs, as well ...

Janus Henderson shuts down Aussie fund

KANIKA SOOD  |  FRIDAY, 10 JAN 2020
Janus Henderson Investors has shut down the $159 million Australian version of its global emerging market equities fund, returning capital to investors. The Australian fund was officially terminated on October 31 and the windup concluded a month after. ...

Gold lifts as US, Iran tensions escalate

ALLY SELBY  |  TUESDAY, 7 JAN 2020
Fears of escalating tensions between the US and Iran have sent gold skyrocketing to an almost seven-year high, with investors turning to bullion, mining shares and gold-backed ETFs to safeguard their wealth. Fuel was added to gold's fire after US ...

Consultation opens for design, distribution guidance

HARRISON WORLEY  |  FRIDAY, 20 DEC 2019
The financial services industry has just over three months to influence ASIC's guidance on the new design and distribution obligations. ASIC has opened consultation on draft guidance for the new design and distribution obligation laws, which are set ...

Westpac to pay $9.5m for Corps Act breaches

JAMIE WILLIAMSON  |  THURSDAY, 19 DEC 2019
Westpac has been ordered by the Federal Court of Australia to pay $9.15 million over poor financial advice provided by just one former adviser. The court case relates to poor financial advice provided by Sudhir Sinha which breached the best interest ...

What you read in 2019: Financial advice

JAMIE WILLIAMSON  |  THURSDAY, 19 DEC 2019
There wasn't a dull day to be had in Australia's financial advice industry in 2019, but unfortunately it was rarely a good thing. We are bidding farewell to the year that is likely to be remembered as one financial advisers would rather forget. ...