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Fidante adds to London office

KANIKA SOOD  |  FRIDAY, 15 MAY 2020
... last year and Challenger wrote off $9 million in intangible asset and wind up costs following the closure, Financial Standard first reported. Fidante's half year results for the period ending December 2019 said its income margin slipped marginally from ...

Performance analyst jobs hold steady in COVID-19

KANIKA SOOD  |  FRIDAY, 15 MAY 2020
... unlisted investments (infrastructure), and fixed income," Kaizen Recruitment managing director Matt McGilton told Financial Standard. "While business development roles and investment operations roles are focused on containment during COVID, performance ...

ISA questioned over political donations

ELIZABETH MCARTHUR  |  FRIDAY, 15 MAY 2020
... what the AEC is reporting. There's kind of a gap," Wilson said. Dean said he would look into the issue. Financial Standard understands the $1600 donation in question was actually a ticket to attend Labor's budget reply dinner and ISA spent the ...

Technical Services Forum: Testing risk tolerance

ELIZA BAVIN  |  THURSDAY, 14 MAY 2020
In uncertain times clients may not be as risk tolerant as previously thought, the virtual Challenger Financial Standard Technical Services Forum has heard. Digitally presenting, Challenger's head of technical services Andrew Lowe said many financial ...

Practice valuations avoid COVID-19 hit

HARRISON WORLEY  |  THURSDAY, 14 MAY 2020
... to accept discounted offers, with experts saying the pandemic has barely touched the market. Speaking with Financial Standard, Radar Results founder John Birt said COVID-19 is not impacting practice valuations or the market more broadly, though said ...

ME Bank pays industry funds no dividends

ELIZABETH MCARTHUR  |  THURSDAY, 14 MAY 2020
... required of ME Bank by the ABA, such as preparing material for committees. Beck has been contacted for comment by Financial Standard. "He's sort of secretarial support then?" Wilson asked. "Sort of," McPhee said. ME Bank pays ACTU Member Connect ...

2020 MAX Awards finalists named

STAFF WRITER  |  WEDNESDAY, 13 MAY 2020
The finalists for the 2020 Financial Standard MAX Awards have been named and voting is now open. Now in their 25th year, the Financial Standard MAX (Marketing, Advertising and Sales Excellence) Awards recognise individuals, teams and organisations in ...

Mudslinging over FASEA extension continues

HARRISON WORLEY  |  WEDNESDAY, 13 MAY 2020
... Senate. Shadow Assistant Treasurer and Shadow Assistant Minister for Financial Services Stephen Jones told Financial Standard that financial advisers should be disappointed with the government, who he said is threatening to withdraw the Treasury Laws ...

Clime courts Madison Financial Group

KANIKA SOOD  |  MONDAY, 11 MAY 2020
... transaction," it said. OneVue has previously indicated a May completion for Madison's sale. In an interview with Financial Standard last year, Clime chief executive Rod Bristow said the firm was interested in acquiring other funds management businesses ...

COVID-19 creates case for robo-advice

ELIZABETH MCARTHUR  |  THURSDAY, 7 MAY 2020
... volatility, ASIC said an average of 34,502 new identifiers appeared in a period of the same length. Speaking to Financial Standard, Six Park chief executive Pat Garrett said he was disappointed to see so many hobby day traders losing money in the markets. ...