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

Search Results

Showing 1291 - 1300 of 13908 results for "State"

Final QAR reforms open door to super funds

CASSANDRA BALDINI  |  THURSDAY, 7 DEC 2023
In its final response to the Quality of Advice Review (QAR), the government plans to modernise the best interests duty and amend the Statement of Advice (SoA), while also granting approval for superannuation funds to provide personal advice. In its ...

Interest rates on hold as RBA pauses

CHLOE WALKER  |  WEDNESDAY, 6 DEC 2023
... resolute in its determination to return inflation to target and will do what is necessary to achieve that outcome," she said. State Street Global Markets head of APAC macro strategy Dwyfor Evans said while the RBA rate hold was expected, the governor's ...

QIC opens new international office

ANDREW MCKEAN  |  TUESDAY, 5 DEC 2023
... with Asian-based institutional investors. QIC chief executive Kylie Rampa said the opening heralded a new chapter in the state government owned investment manager's globalisation and client diversification story. Until now, QIC's international ...

Retirement phase of superannuation consultation opens

KARREN VERGARA  |  MONDAY, 4 DEC 2023
Treasury is seeking feedback on how the inherently complex retirement phase of superannuation can be improved to match the success of the accumulation phase. The consultation discusses three key areas: Helping members navigate the retirement income ...

Changing retirement landscape needs regulatory framework: Actuaries Institute

CASSANDRA BALDINI  |  MONDAY, 4 DEC 2023
The government has been encouraged to create a regulatory framework that empowers superannuation trustees to offer members targeted help, guidance, and advice (HGA) on issues outlined in the Retirement Income Review (RIC). The Actuaries Institute dialogue ...

Former Schroders executive enters VC space

ELIZABETH FRY  |  FRIDAY, 1 DEC 2023
Industry veteran Graeme Mather has joined Antler, the early-stage venture capital investor, as a global partner. In his new role, he will help the venture capitalist deepen ties with large asset managers in the Asia Pacific and look at boosting super ...

Macro environment trumps inflation for asset owners: Research

KARREN VERGARA  |  FRIDAY, 1 DEC 2023
The majority of global pension and sovereign wealth funds have shifted their focus from inflation to managing a volatile macroeconomic environment as they attempt to recoup massive losses, a new study shows. The Official Monetary and Financial Institutions ...

Morningstar cops greenwashing fine

KARREN VERGARA  |  FRIDAY, 1 DEC 2023
ASIC slapped Morningstar with a fine for allegedly exposing investors to controversial weapons companies after proclaiming that its environmental, social, and governance (ESG) policy strictly excludes such investments. Morningstar's International Shares ...

Link names retirement, super product lead

JAMIE WILLIAMSON  |  THURSDAY, 30 NOV 2023
... product experience that leverages technology and innovation for the benefit of RSS clients, their members, and stakeholders. "State of the art technology requires constant innovation to stay ahead of the market, and this new appointment presents a fantastic ...

OnePath cops $5m fine over fees for no service

CASSANDRA BALDINI  |  THURSDAY, 30 NOV 2023
... members efficiently. This led to a violation of the ASIC Act in connection with fees for no service misconduct. Agreed facts state that between December 2015 and November 2021, OnePath shared inaccurate information with Integra Super members. During ...