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

Search Results

Showing 1271 - 1280 of 18924 results for "Act"

Minimum wage to rise 3.5%

JAMIE WILLIAMSON  |  TUESDAY, 3 JUN 2025
The National Minimum Wage and all modern award minimum wage rates will increase by 3.5% on July 1. The minimum wage is currently $24.10 an hour and, following the Fair Work Commission's decision today, will rise to $24.95 an hour. This equates to a ...

Dai-ichi Life acquires 15% of M&G

JAMIE WILLIAMSON  |  MONDAY, 2 JUN 2025
Dai-ichi Life HD, which owns TAL, will acquire 15% of British asset manager M&G, with the two establishing a long-term strategic partnership across asset management and life insurance. Under the partnership, which is expected to produce at least US$6 ...

AMP launches superannuation feature to boost retirement income

ANDREW MCKEAN  |  MONDAY, 2 JUN 2025
AMP has launched AMP Super Lifetime; a superannuation feature it claims could lift members' retirement incomes by over $100,000 in the first decade post-work. AMP Super Lifetime runs automatically in the background of a member's super account, creating ...

ASIC blasts managed funds' poor compliance plans

KARREN VERGARA  |  MONDAY, 2 JUN 2025
... and modification of their plans. "ASIC will continue to review compliance plans across the registered fund sector and will act where appropriate," ASIC said.

Regal Partners charts US expansion

JAMIE WILLIAMSON  |  FRIDAY, 30 MAY 2025
Regal Partners is planning a push into North America, as it also prepares to launch a multi-strategy income fund locally. Providing an update at the company's annual general meeting yesterday, Regal Partners chief executive Brendan O'Connor spoke of ...

Apostle Fund adds two staffers

ELIZABETH FRY  |  THURSDAY, 29 MAY 2025
Apostle Funds Management has welcomed two senior executives to its investment and operations team as it intensifies its push for growth. Adam Camillo joins as chief operating officer while Harrison Lane is appointed investments director. Lane brings ...

GAM nabs Janus Henderson equities team

ELIZABETH FRY  |  THURSDAY, 29 MAY 2025
Swiss fund manager GAM Investments has brought in a new team to run its flagship European funds in a move that signals renewed institutional interest in European markets. GAM has appointed a European equities team from Janus Henderson to manage its ...

Former TCorp exec sets up consultancy

ELIZABETH FRY  |  THURSDAY, 29 MAY 2025
A longtime investment professional has set up an investment consultancy to advise superannuation funds on the total portfolio approach (TPA) to investment. Nigel Wilkin-Smith founded Long Horizon Enterprises to address what he sees as a glaring gap ...

Aware Super beefs up sustainability team

ELIZABETH FRY  |  THURSDAY, 29 MAY 2025
High-profile ethics and impact manager Desiree Lucchese has joined Aware Super as the reporting manager for climate change and sustainability. In her new role, Lucchese will blend technical expertise with change management to serve as a liaison across ...

Quality over quantity: CareSuper on mergers

JAMIE WILLIAMSON  |  THURSDAY, 29 MAY 2025
The dust has barely settled on the merger that created CareSuper as it is today and chief executive Jason Murray is gearing up for another in mere months - but he's not looking to make a habit of it. On November 1, CareSuper and Spirit Super finalised ...