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

Search Results

Showing 1191 - 1200 of 4879 results for "FAR"

UBS to cough up $14m over bond bungle

ALLY SELBY  |  THURSDAY, 23 JUL 2020
... cease-and-desist order which finds it had violated disclosure, fair dealing and supervisory provisions, however it did not go as far as admitting to or denying any of the findings. "Retail order periods are intended to prioritize retail investors' access ...

Chief economist update: US-China tensions escalate

BENJAMIN ONG  |  THURSDAY, 23 JUL 2020
... erroneous decision. Otherwise China will make legitimate and necessary reactions," declared China's Foreign Ministry. So far there had been limited reaction to this recent escalation in Sino-Yankee tensions. It could be because the rest of the world ...

Bezos adds billions

ELIZA BAVIN  |  WEDNESDAY, 22 JUL 2020
... people in the world owe their wealth to the technology sector, including Elon Musk, whose fortune has soared US$47 billion so far in 2020. Facebook chief executive Mark Zuckerberg has added almost US$15 billion to his net worth this year, even as the ...

Ombudsman demands changes for small business insolvencies

ANNABELLE DICKSON  |  TUESDAY, 21 JUL 2020
... that aren't relevant to their industry and thousands being spent by registered liquidators to chase down payments worth far less than the amount spent," she said.

Hearts and Minds but no ratings

ALLY SELBY  |  TUESDAY, 21 JUL 2020
... to say, this is what we do, this is how it works, this is how the portfolio is constructed, this is how it has performed so far." Otherwise it's just a waiting game, he said. Hearts and Minds does have one rating from Independent Investment Research. ...

No returns in sight for AAP investors

ALLY SELBY  |  TUESDAY, 21 JUL 2020
... needs to transform with that landscape," he told Financial Standard. "Free from the constraints of big shareholders, it can be far more nimble and it can evolve to suit the changing landscape." Those who have come out of the woodwork to publicly admit ...

Almost 2000 advisers gone so far in 2020

ELIZABETH MCARTHUR  |  TUESDAY, 21 JUL 2020
... and the true number of advisers who have left the industry may be even higher, as some new entrants were added to the ASIC FAR in the same period. AMP Financial Planning lost the most advisers, with 153 leaving the licensee. AMPFP now has 1011 financial ...

ERS payments approach $30bn mark

ELIZA BAVIN  |  MONDAY, 20 JUL 2020
Applications for the Early Release of Super (ERS) scheme have hit $28 billion, with funds having so far paid out $25.3 billion since the start of the scheme. APRA's data shows that since the launch of the ERS scheme is April this year, over 2.8 million ...

FSC appoints four to board

ALLY SELBY  |  MONDAY, 20 JUL 2020
The Financial Services Council has appointed four new board members, and announced the establishment of a fund management committee to drive strategic policy direction in the Australian funds management landscape. BlackRock Asset Management head of ...

Billionaires targeted in Twitter bitcoin scam

ELIZA BAVIN  |  FRIDAY, 17 JUL 2020
... information, revealing the attack was made against Twitter employees. "Our investigation is still ongoing but here's what we know so far: We detected what we believe to be a coordinated social engineering attack by people who successfully targeted some ...