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

Search Results

Showing 1281 - 1290 of 3553 results for "October 2007"

Senate creates committee on fintech, regtech

KRISTI CHENG  |  THURSDAY, 12 SEP 2019
Passed yesterday, the motion - brought by Senator Andrew Bragg -establishes a committee to inquire and report on fintech and regtech opportunities, barriers, and future trends. It will examine the "size and scope" of the opportunity fintech and regtech ...

Chief economist update: 'Paradox of Thrift' in action

BENJAMIN ONG  |  THURSDAY, 12 SEP 2019
Like the fable of the "boiling frog" - put a frog into boiling water, the frog will jump out, put it in cold/tepid water and bring the water slowly to a boil and it will be cooked to death - the Australian economy is slowly being boiled... to death. ...

Consultation opens on new ASIC powers

ELIZABETH MCARTHUR  |  WEDNESDAY, 11 SEP 2019
Treasury has released draft legislation on enhancing ASIC's powers, including allowing the regulator to tap the phones of those under investigation. The new legislation follows on from the ASIC Enforcement Review Taskforce which made a number of recommendations ...

Kapstream cuts fees on flagship fund

KANIKA SOOD  |  WEDNESDAY, 11 SEP 2019
The Kapstream Absolute Return Income Fund is shaving 15bps off its retail fees, as competition in the segment heats up and yields drop. The fund currently has about $3.8 billion of retail money and will go from charging 70bps to 55bps in annual management ...

Pinnacle boutique readies investment rejig, fee cut

KANIKA SOOD  |  TUESDAY, 10 SEP 2019
A boutique partly owned by Pinnacle Investment Management is planning to rejig its investment strategy and cut fees by 12bps for one of its funds. The Resolution Capital Core Plus Property Securities Fund - Series II currently invests predominately ...

AFCA ombudsman addresses adviser concerns

KRISTI CHENG  |  TUESDAY, 10 SEP 2019
AFCA ombudsman Shail Singh has addressed common adviser concerns regarding the authority's introduction of legacy complaints. Speaking at a recent Financial Planning Association of Australia event, Singh said AFCA will apply the standard of the relevant ...

Chief economist update: Foolish takeaway on US-China talks

BENJAMIN ONG  |  FRIDAY, 6 SEP 2019
"There's an old saying in Tennessee - I know it's in Texas, probably in Tennessee - that says, fool me once, shame on -- shame on you. Fool me -- you can't get fooled again." - former US President George W. Bush, Nashville, Tenn., 17 September ...

Advice firm defrauds retired NFL players

JAMIE WILLIAMSON  |  TUESDAY, 3 SEP 2019
The US regulator has charged a financial advice firm that defrauded former professional NFL players who had joined a class action against the league seeking compensation for brain injuries suffered during their careers. Tallahassee-based Cambridge Capital ...

VanEck restructures three ETFs

KANIKA SOOD  |  MONDAY, 2 SEP 2019
VanEck is changing the domicile of three ETFs to cut out US tax forms for investors and to introduce dividend reinvestment plans. VanEck Vectors Gold Miners ETF (GDX), VanEck Vectors Morningstar Wide Moat ETF (MOAT) and VanEck Vectors China AMC CSI ...

Chief economist update: The fear of Brexit

BENJAMIN ONG  |  THURSDAY, 29 AUG 2019
"Pompa mortis magis terret quam mors ipsa." Translated into the quotee Francis Bacon's - English philosopher, statesman and essayist - mother tongue, "The pomp of death alarms us more than death itself." Yes Virginia, you know where I'm going ...