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

Search Results

Showing 101 - 110 of 284 results for %22Financial Standard MAX%22

CommInsure cops $700k hawking fine

HARRISON WORLEY  |  THURSDAY, 28 NOV 2019
... insurance products which consumers may not have needed, wanted or understood," Crennan said. In a statement to Financial Standard, the Commonwealth Bank said it was aware of the seriousness of the conviction, and added it was committed to comprehensively ...

ASIC launches investigation into Westpac

ELIZABETH MCARTHUR  |  TUESDAY, 26 NOV 2019
... investigation into the bank following AUSTRAC's actions in relation to money laundering. An ASIC spokesperson told Financial Standard : "ASIC can confirm that it commenced an investigation on Thursday, 21 November 2019 concerning possible breaches ...

Brian Hartzer steps down from Westpac

ELIZABETH MCARTHUR  |  TUESDAY, 26 NOV 2019
... stepped down in the wake of AUSTRAC's investigation. Westpac today announced Hartzer will exit, with current chief financial officer Peter King taking over as acting chief executive from December 2. Hartzer said: "As chief executive I accept that ...

Westpac halts short-term bonuses, culls Litepay

HARRISON WORLEY  |  MONDAY, 25 NOV 2019
... regulatory requirements, within 24 hours. Westpac said it would also make investments designed to reduce the human impact of financial crime, committing to pouring $18 million over three years into the world's largest anti-slavery organisation, International ...

Platform hires former Netwealth distribution head

JAMIE WILLIAMSON  |  THURSDAY, 14 NOV 2019
... co-head of distribution Tim Yule to oversee national distribution of Mason Stevens' offering. As revealed by Financial Standard in July, Mitchell left Netwealth earlier this year for personal reasons, with the platform bringing in Damian Holland ...

Actuaries develop retiree rule of thumb

HARRISON WORLEY  |  THURSDAY, 7 NOV 2019
... Working Group has developed a three-part rule for single retirees receiving a full or part Age Pension but not accessing financial advice, to help them understand how much to draw down from their retirement savings, as they continue to live frugal lives ...

ASIC casts doubt over Dollarmites

ELIZABETH MCARTHUR  |  TUESDAY, 1 OCT 2019
... being targeted as future customers," Brown added. Responding to Choice's criticism, a spokesperson for CBA told Financial Standard : "Commonwealth Bank has a strong and respected track record of providing quality financial education programs in Australia ...

IOOF expects to reappeal timber case

KANIKA SOOD  |  MONDAY, 30 SEP 2019
... 2018. However, as this matter pre-dates the acquisition, IOOF indemnified Sargon," a Sargon spokesperson told Financial Standard on Thursday.

Spotlight on super welcomed

HARRISON WORLEY  |  FRIDAY, 27 SEP 2019
... an opportunity to build on this great foundation." Earlier this year ASFA chief executive Martin Fahy told Financial Standard the review would not tell the nation much more than previous inquiries already had. "It will show that we have a system that ...

Bloomberg launches equity benchmarks

KRISTI CHENG  |  TUESDAY, 24 SEP 2019
... Advisors, for the index family. The new indices focus on industry-specific ESG factors most likely to influence the financial performance of companies, it said. Also offered now are ESG policy benchmarks and custom indices that maximize the R-Factor ...