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

Search Results

Showing 1261 - 1270 of 5511 results for "September 18"

Chief economist update: AUD depreciation no cure for coronavirus

BENJAMIN ONG  |  THURSDAY, 2 APR 2020
All good things must come to an end and this 'Lucky Country's' luck appears to have ran out after enjoying 28 years and a bit without an economic recession. Australia has survived economic and financial market upheavals over the past three ...

MLC waives licensee fees, delays dealer group transitions

JAMIE WILLIAMSON  |  WEDNESDAY, 1 APR 2020
MLC Wealth is waiving licensee fees for all of its aligned financial advisers as they struggle to operate their businesses and provide support to clients during unprecedented uncertainty. It has also delayed the transition of advisers from Apogee and ...

Super funds' dirty, poor performing stocks revealed

ELIZABETH MCARTHUR  |  TUESDAY, 31 MAR 2020
New research has revealed the 22 ASX 300 companies - many of which super funds have exposure to - that are polluters and haven't performed well this year. Activist group Market Forces released a new report today, titled Out of line out of time ...

No new ASX 200 names this quarter

KANIKA SOOD  |  FRIDAY, 27 MAR 2020
For the first time since 2001, S&P has delayed its quarterly rebalance of the ASX 200 amid volatility, in what industry watchers say could help ETF investors save costs, but raises questions about the passive versus active nature of indices. S&P Dow ...

NYSE closes trading floor

ELIZA BAVIN  |  THURSDAY, 19 MAR 2020
The New York Stock Exchange (NYSE) has made all trading electronic, temporarily closing its symbolic trading floor. NYSE president Stacey Cunningham announced the move after two people tested positive for COVID-19, but said the closure will only be ...

Investment manager criminally charged

ELIZA BAVIN  |  WEDNESDAY, 18 MAR 2020
The Australian arm of a global investment management company has been charged with breaching client money obligations. Societe Generale Securities Australia (SGSA) is facing criminal charges in Sydney on two counts of failing to pay client money into ...

AMP Life, AMP Capital fined

ELIZABETH MCARTHUR  |  TUESDAY, 17 MAR 2020
AMP Life and AMP Capital have paid hefty penalties following infringement notices issued by ASIC. AMP Life paid $275,500 and AMP Capital paid $250,500. "ASIC issued the infringement notices as it considers there are reasonable grounds to believe there ...

ASIC drags CFS to court over MySuper

ELIZABETH MCARTHUR  |  TUESDAY, 17 MAR 2020
ASIC has commenced civil proceedings in the Federal Court against Colonial First State, alleging that it engaged in misleading communication with members. Following the introduction of legislation in 2012 that required trustees to offer members a default ...

Investec AM rebrands

ALLY SELBY  |  TUESDAY, 17 MAR 2020
Investec Asset Management has completed its demerger from Investec Group today and officially rebranded, in what it says is the final step to becoming an independent global asset manager. Now known as Ninety One, the firm's shares will list today on ...

US turns to QE, RBA to follow

ELIZA BAVIN  |  MONDAY, 16 MAR 2020
The RBA has signaled it will begin quantitative easing after the US Federal Reserve implemented QE measures overnight and slashed its interest rate. The Fed's QE measures include a US$700 billion bond buying program, as part of its effort to offset ...