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

Search Results

Showing 1251 - 1260 of 9680 results for "Show"

Global economic growth hits 20-year low: IMF

ANDREW MCKEAN  |  WEDNESDAY, 12 APR 2023
The International Monetary Fund (IMF) has reported a significant decrease in global economic growth, reaching a 20-year low. The IMF World Economic Outlook 2023 report said there were tentative signs in early 2023 that the world economy could achieve ...

Top 10% pocket 93% of Australia's wealth: Research

CHLOE WALKER  |  WEDNESDAY, 12 APR 2023
New data from the Australia Institute indicates middle-income earners receive just 7% of economic growth per person since 2009, while the top 10% keep getting richer. The data, taken from the World Inequality Database (WID) that shows real national ...

BT, Striver partner to tackle adviser shortage

CASSANDRA BALDINI  |  WEDNESDAY, 12 APR 2023
BT and Striver have launched a program which aims to tackle the financial advice industry's talent shortage, using a tech-based human resources platform and guiding new entrants towards the profession. The program includes more than 20 events across ...

Vanguard cuts fee on bond ETF

KARREN VERGARA  |  TUESDAY, 11 APR 2023
A Vanguard fixed interest exchange-traded fund has reduced its management fees following a pricing review. The Vanguard Australian Fixed Interest Index ETF (VAF) reduced management costs from 0.15% per annum to 0.10% p.a. from April 6. Commenting on ...

Top rated superannuation products in Australia revealed

ANDREW MCKEAN  |  TUESDAY, 11 APR 2023
Rainmaker Information's assessment of superannuation products shows that 56 super funds boast at least one AAA-rated product, down from 66 last year. Rainmaker's AAA Quality Rating evaluates superannuation products on performance, costs, insurance ...

Investor education combats emotions: Experts

ANDREW MCKEAN  |  TUESDAY, 11 APR 2023
Superannuation funds must prioritise members financial interests, guiding emotionally driven investors towards apt solutions for investment success. Brighter Super head of advice Steven O'Donoghue says that members can be driven by emotions in their ...

YFYS recommendations not enough: AIST

JAMIE WILLIAMSON  |  THURSDAY, 6 APR 2023
The Australian Institute of Superannuation Trustees (AIST) says the proposed changes to the Your Future, Your Super regime don't go far enough. AIST chief executive Eva Scheerlinck said that while some measures align with AIST's views, others fall short. ...

Startup founder charged for defrauding JPMorgan

JAMIE WILLIAMSON  |  WEDNESDAY, 5 APR 2023
... sent out a marketing email to what was believed to be about 10% of users and 70% of the emails bounced back, the documents show. It was found that, in reality, Frank only had about 300,000 users. Javice, who had been brought on as head of student solutions ...

Magellan FUM continues backwards slide

CHLOE WALKER  |  WEDNESDAY, 5 APR 2023
Magellan Financial Group has taken yet another hit to its funds under management, falling $2.2 billion to $43.2 billion during the month of March. Magellan saw net outflows of $3.9 billion, which included net retail outflows of $0.5 billion and net ...

Economists divided: RBA's moment of truth looms

ANDREW MCKEAN  |  TUESDAY, 4 APR 2023
Economists are split on the Reserve Bank of Australia's (RBA) upcoming decision on whether to raise the cash rate from 3.6%. The major banks are at odds: ANZ and NAB forecast a 25 basis point cash rate hike, while Commonwealth Bank and Westpac anticipate ...