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

Search Results

Showing 1181 - 1190 of 3163 results for "Owner"

SSGA slashes ETF fee

HARRISON WORLEY  |  MONDAY, 17 FEB 2020
State Street Global Advisors will slash the fees of the most traded ETF in Australia. SSGA is set to make a six basis point cut to the management costs of its SPDR S&P/ASX200 ETF (STW), pushing its cost down from 0.19% p.a. to 0.13% p.a. The change ...

AIA income protection premiums jump

ELIZABETH MCARTHUR  |  FRIDAY, 14 FEB 2020
... much more customers have been required to pay for income protection over the last two years. Earlier this year, MLC Life owner Nippon Life reported to the Tokyo stock exchange that deteriorating conditions in the Australian life insurance industry are ...

SMSF auditors in firing line

ELIZA BAVIN  |  FRIDAY, 14 FEB 2020
ASIC has cracked down on a number of auditors of self-managed super funds, which the regulator said have failed to meet their requirements. "ASIC has moved to disqualify, or suspend and/or add conditions to the registration of, a number of auditors ...

Industry butt heads over super guarantee

ALLY SELBY  |  THURSDAY, 13 FEB 2020
Superannuation industry professionals are going head to head over Australia's super guarantee system, yet all agree it's time for an upheaval. In a submission to the Treasury's Retirement Income Review Panel, the Actuaries Institute called for universal ...

Custodial excellence recognised

HARRISON WORLEY  |  WEDNESDAY, 12 FEB 2020
The Australian Custodial Services Association celebrated excellence in custodial services yesterday, at the 2020 installment of its annual ACSA Awards during the Investment Operations Conference in Sydney. The association recognised HSBC regulatory ...

Former Securitor manager joins Paragem

ALLY SELBY  |  WEDNESDAY, 12 FEB 2020
HUB24's financial advice subsidiary Paragem has hired a former Securitor state manager in a general manager role. Paragem has appointed Craig Kouimanis as a general manager of practice development to help support advisers and their practices as the ...

Chief economist update: It's the US consumer, stupid me

BENJAMIN ONG  |  WEDNESDAY, 12 FEB 2020
Uh-oh, I may have to put the letters "W" and "R" in front of my last name (Ong) cause that's what my last prognosis for the US economy and the Fed's response is turning out to be. I've been among those pencilling in a recession when the ...

Yarra chief operating officer departs

ELIZABETH MCARTHUR  |  TUESDAY, 11 FEB 2020
The chief operating officer of Yarra Capital Management has retired. Speaking to Financial Standard's sister publication Industry Moves, a spokesperson confirmed Brett Davidson has left the chief operating officer role. "With the business three years ...

Pension assets climb towards $50 trillion

ELIZABETH MCARTHUR  |  TUESDAY, 11 FEB 2020
Global institutional pension fund assets among the 22 largest markets bounced back in 2019 to climb by 15%, reaching US$46.7 trillion. Over the last decade, the fastest growing pension markets in the world have been in Asia and the US - with South Korea's ...

Perpetual head jumps for greener pastures

ALLY SELBY  |  MONDAY, 10 FEB 2020
... corporate finance and investor relations, Andrew Ehlich, resigned last month after a 13-year tenure with the firm. Now the proud owner of an olive farm, Ehlich said he was excited by the new challenge. "After close to 20-years in financial services and ...