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

Search Results

Showing 1171 - 1180 of 3210 results for "Power"

Super funds snap up local renewable asset

HARRISON WORLEY  |  MONDAY, 9 DEC 2019
... superannuation funds have joined forces to purchase a South Australian wind farm capable of generating enough energy to power more than 140,000 homes each year. HESTA and First State Super have partnered with independent infrastructure manager Palisade ...

Advice dealer group rebrands

HARRISON WORLEY  |  MONDAY, 9 DEC 2019
Following its acquisition by Sargon last year, Madison Financial Group is rebranding. From March 2020, Madison Financial Group will be known as Sargon Adviser Services, as the Sargon subsidiary continues to incorporate itself within the technology company. ...

CFS culls grandfathered commissions, slashes fees

KANIKA SOOD  |  FRIDAY, 6 DEC 2019
... its nil-entry-fee (NEF) options that started in 2001. Colonial First State general manager of product and marketing Kelly Power declined to comment on the revenue impact of the fee cuts announced today. Next up in CFS's grandfathering phase out will ...

Former CBA exec takes over at Optus

ALLY SELBY  |  FRIDAY, 6 DEC 2019
... across the country, and working with the passionate people at Optus to drive innovation, deliver great customer service, and power the digital economy with connectivity for all Australians." Bayer Rosmarin previously has been named among the Top 10 Businesswomen ...

ETF investing at record highs: Report

ELIZA BAVIN  |  THURSDAY, 5 DEC 2019
... experience levels or wealth," he said. The report predicts that there remains plenty of scope for the industry to continue to power ahead, with over 135,000 investors planning to enter the ETF market within the next 12 months, and reinvestment amongst ...

Regulators circle as scandal engulfs Westpac

ALLY SELBY  |  WEDNESDAY, 4 DEC 2019
... reputation of the bank." If a director or senior executive is found to have breached these obligations, APRA will have the power to terminate their employment from Westpac or ban them from the industry altogether. "The immediate onus is on the bank to ...

Super consumer body grateful for intervention

HARRISON WORLEY  |  WEDNESDAY, 4 DEC 2019
With just 18 months of funding left, Super Consumers Australia has been handed a potential lifeline by the government. After the government announced it would take its first steps towards fulfilling a recommendation of the Productivity Commission to ...

ASIC bans direct life cold calling

HARRISON WORLEY  |  WEDNESDAY, 4 DEC 2019
... tactics to pressure people into buying life insurance." The change has been brought to effect through ASIC's modification power in the Corporations Act, with a new legal instrument - ASIC Corporations (Hawking-Life Risk Insurance and Consumer Credit ...

Global firm cuts fund fees

HARRISON WORLEY  |  TUESDAY, 3 DEC 2019
A global asset manager shaved 10 basis points off the management fee of its global fixed income fund. Legg Mason cut the management fee of its $45 million Legg Mason Brandywine Global Income Optimiser Fund to 0.65% per annum, as the offering approaches ...

Grow Super hires Qantas Super executive

KANIKA SOOD  |  MONDAY, 2 DEC 2019
Grow Super has hired Qantas Super's chief operating officer, as it looks to divest its superannuation business and pivot towards administration services. Grow Super is currently looking for a buyer for its $39 million (as at June end) of superannuation ...