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

Search Results

Showing 1341 - 1350 of 10361 results for "Trust"

Mercer Super cops landmark $11.3m greenwashing penalty

KARREN VERGARA  |  FRIDAY, 2 AUG 2024
... to make misleading statements on its website about seven Sustainable Plus investment options offered in the Mercer Super Trust, of which Mercer is the trustee. The options promised to exclude companies involved in carbon intensive fossil fuels like thermal ...

Former wealth management chief ousted from financial services

ANDREW MCKEAN  |  FRIDAY, 2 AUG 2024
... ever get average results," Hewish said. He also said that UGC prides itself on "creating long term relationships built on trust and integrity" to achieve superior outcomes in a challenging and uncertain economic and investment environment.

AMP Super trustee has additional licence conditions removed

ANDREW MCKEAN  |  FRIDAY, 2 AUG 2024
The AMP Super Fund trustee, N.M. Super, has had its additional licence conditions lifted, marking the end of all outstanding matters raised by the Financial Services Royal Commission. N.M. Super, which controls the AMP Super Fund and Wealth Personal ...

'Unrealistic overconfidence' major issue for new advice clients

ELIZA BAVIN  |  FRIDAY, 2 AUG 2024
... defining 'value for money' for new clients. The research found 71% of people considering advice want an adviser they can trust. It found prospective clients need to feel confident in the integrity and honesty of the firm they are considering working ...

Pinnacle FUM soars 20%, introduces new boutique

KARREN VERGARA  |  FRIDAY, 2 AUG 2024
... Funds Management and took on three Asia-focused retail strategies. The Spheria Australian Microcap Fund (15.6%), MCP Credit Trust (11.5%), and Palisade Renewable Energy Fund (11%) were some of the top-performing strategies. "As shareholders will be aware ...

AFCA complaints surge in FY24

KARREN VERGARA  |  THURSDAY, 1 AUG 2024
The Australian Financial Complaints Authority (AFCA) received a record number of complaints in the 2024 financial year, jumping 9% to more than 105,000. Preliminary numbers show scam-related complaints drove the surge, together with motor vehicle insurance ...

Russell Investments default option returns up to 12.3%

ANDREW MCKEAN  |  THURSDAY, 1 AUG 2024
... and iQ Retirement products, as well as Nationwide Super and Resource Super funds through the Russell Investments Master trust, which has approximately $11.2 billion in assets.

Eildon divests stakes in four funds to Trilogy

KARREN VERGARA  |  WEDNESDAY, 31 JUL 2024
... part of a strategic review to simplify its operations and business. Eildon's co-investment stakes in EAM Berwick Motor Trust, EAM Elara Village Property Fund, EAM Caboolture Property Fund, and EFM Harpley Town Centre Property Trust are collectively ...

UniSuper's environmental option returns -16%

JAMIE WILLIAMSON  |  TUESDAY, 30 JUL 2024
... from environmental themes, like electric vehicles (EVs) or renewable energy. Its top holdings include Tesla, Digital Realty Trust, Enphase Energy, and Samsung SDI. Addressing the negative return, Pearce said the option has been giving back some of the ...

London-based boutique opens fund to local investors

ANDREW MCKEAN  |  MONDAY, 29 JUL 2024
... Atlantic House, in partnership with Mantis Funds, launched the Atlantic House Defined Returns Fund in Australia. This unit trust feeds into its flagship Atlantic House Defined Returns Fund.