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

Search Results

Showing 1341 - 1350 of 5506 results for "Mid"

Raiz defends double fee

ELIZA BAVIN  |  WEDNESDAY, 4 MAR 2020
... million capital raising that was completed in November 2019." Raiz introduced the $2.50 fee for low-balance customers' mid-last year; previously customers with balances under $5000 were not charged a fee for the first year, and then 0.275% thereafter. ...

Coronavirus no match for Future Fund

HARRISON WORLEY  |  WEDNESDAY, 4 MAR 2020
Future Fund chief investment officer Raphael Arndt is confident Australia's sovereign wealth fund can handle the impacts of the coronavirus outbreak, thanks to its diversification. Appearing before the Senate Finance and Public Administration Legislation ...

Industry fund winds up infrastructure option

JAMIE WILLIAMSON  |  TUESDAY, 3 MAR 2020
... Super's balanced option on April 1. This is the second investment option shuttered by Media Super in recent months. In mid-November last year the fund notified members its income plus option would close on February 5. This was as a result of the ...

Colonial First State cuts fees, closes legacy options

KANIKA SOOD  |  TUESDAY, 3 MAR 2020
... March, cost about 6000 advisers roughly $1700 a year in revenue. The company has committed to end all trail commissions by mid-2020, as previously reported by Financial Standard. The government has set 1 January 2021 as the end date for all grandfathered ...

Mid and small-caps outperform in 2019

ALLY SELBY  |  TUESDAY, 3 MAR 2020
... SPIVA Australia Scorecard; a report measuring the performance of active funds against their respective benchmark indices - and mid and small-caps have come out on top. Surveying returns from 829 Australian equity funds, 420 international equity funds ...

Industry-made retirement models are self-serving: SCA

ELIZA BAVIN  |  MONDAY, 2 MAR 2020
Super Consumers Australia (SCA) has taken a stance against industry-created retirement models, saying Australians deserve realistic retirement income standards. In its submission to the Retirement Income Review (RIR) SCA said existing models pushed ...

RBA expected to cut again; maybe even tomorrow

ELIZA BAVIN  |  MONDAY, 2 MAR 2020
Finder's RBA Cash Rate Survey found 90% of economists believe there will be a rate cut in 2020, with 15% expecting the cut to come tomorrow. Graham Cooke, insights manager at Finder, said 20 economists specifically called out the threat of the coronavirus. ...

ETF popularity soars 52%

ALLY SELBY  |  FRIDAY, 28 FEB 2020
Latest insights from Morningstar show Australia's ETF market grew 52% in 2019, reaching highs of $61 billion in assets. It's a far cry from two decades ago; the industry was worth $3 billion in 2010, and there were only 27 ETF products available ...

Moelis Australia names co-chiefs, acquires lender

KANIKA SOOD  |  WEDNESDAY, 26 FEB 2020
... the business by 2025. To start, it is paying $5.2 million for an initial 47.5% interest in MKM, which is expected to settle mid-year subject to conditions. It will purchase a further 25% of MKM in June 2023 and then the remaining 27.5% by June 2025. ...

Shape up on climate change risk: APRA

ELIZABETH MCARTHUR  |  TUESDAY, 25 FEB 2020
... participated in the climate change survey have now gone through deeper supervisory assessments which are due to be completed by mid-year. APRA has developed a voluntary framework to assist regulated entities with financial risks associated with climate ...