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

Search Results

Showing 101 - 110 of 472 results for "Article 50"

Failing Asgard super option to close

JAMIE WILLIAMSON  |  WEDNESDAY, 29 SEP 2021
After failing the inaugural Your Future, Your Super performance test, Asgard Employee Super will shutter next month, with many members being transferred to BT's Retirement Wrap. Members of the fund were actually notified ahead of the performance ...

Consumer group slams super self-assessments

ELIZABETH MCARTHUR  |  MONDAY, 30 AUG 2021
Super Consumers Australia has slammed super funds' member outcomes assessments (MOAs), finding several funds claiming to be acting in members' best interests even when fees are high and performance is lacklustre. Super Consumers Australia looked ...

ClearView offloads advice unit

KARREN VERGARA  |  WEDNESDAY, 25 AUG 2021
ClearView is divesting its financial advice business for $15.2 million to another ASX-listed firm. Centrepoint Alliance will acquire ClearView subsidiaries ClearView Financial Advice (CFA), Matrix Planning Solutions and LaVista Licensee Solutions. The ...

Chief economist update: Home sweet home

BENJAMIN ONG  |  MONDAY, 7 JUN 2021
"Boom boom boom boom!" - Vengaboys The Australian property market should adopt this as its official anthem. The property craze in this Land Down Under is best portrayed by an article in the Daily Telegraph telling the story about "a mouldy 1970s house ...

GAM hires from BlackRock

JAMIE WILLIAMSON  |  TUESDAY, 1 JUN 2021
The Swiss manager is investing in its local business, adding to its product offering and hiring a senior manager from BlackRock. Close to three years since opening its Australian office, GAM Investments is growing the Sydney-based team with the addition ...

Pengana Capital distribution executive exits

KARREN VERGARA  |  MONDAY, 31 MAY 2021
Pengana Capital has bid farewell to the executive leading the international fund's distribution efforts, exiting not long after two portfolio managers left in March. Joy Yacoub was the executive director of business strategy and distribution, a ...

Chief economist: The wages of slow wages growth

BENJAMIN ONG  |  THURSDAY, 20 MAY 2021
... if they're on sale, or if they receive a discount or points for purchasing". Mckinsey & Company's August 2020 article - in the midst of the pandemic - reports that, "price consciousness is on the rise". Sure, the 2021-22 Budget will bring more ...

ETP demand soars, unlisted unit trusts retract

KARREN VERGARA  |  TUESDAY, 13 APR 2021
The exchange-traded products market skyrocketed 149% to $95 billion in the three years to December 2020, new research finds. Rainmaker's latest research predicts that ETPs will eclipse the unlisted unit trust market in another three to five years. ...

Industry fund chief steps down

KARREN VERGARA  |  TUESDAY, 23 MAR 2021
An $11.5 billion superannuation fund's chief executive will exit to lead a fintech, which is in the process of merging with the former Sargon Capital, now Certane Group. Mine Super chief Harry Mitchell will step down after nearly five years at the ...

State Street loses Fearless Girl replica claim

KANIKA SOOD  |  TUESDAY, 2 MAR 2021
HESTA and Cbus have settled claims brought against them by State Street over the Fearless Girl statue, while Maurice Blackburn scored a win in court last week. State Street Global Advisors Trust Company and its local subsidiary State Street Global Advisors ...