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

Search Results

Showing 1371 - 1380 of 2845 results for "DIGI"

RBA, CBA, NAB partner for wholesale currency

ANNABELLE DICKSON  |  TUESDAY, 3 NOV 2020
The Reserve Bank of Australia has announced a partnership with a consortium of financial institutions and a blockchain technology company to develop a wholesale central bank digital currency (CBDC) using distributed ledger technology (DLT) for settlement. ...

Aware Super in-houses fund administration

KANIKA SOOD  |  TUESDAY, 27 OCT 2020
Aware Super is implementing a new suite of technology products that will allow it to in-source member experience, including administration, so far done by Mercer. The fund signed a long-term contract with Bravura, for an initial term of seven years. ...

Boutique builds out executive team

KARREN VERGARA  |  TUESDAY, 27 OCT 2020
An investment advisory boutique which soft launched in September, headed by former PwC chief executive Luke Sayers, has bolstered its leadership team. The Melbourne-based firm is building its executive lineup, appointing several senior managers from ...

Carlyle buys into Calastone, ups Link bid

KARREN VERGARA  |  TUESDAY, 27 OCT 2020
The Carlyle Group will acquire a majority stake in Calastone, while also announcing it has increased its offer price for Link Group. Carlyle did not disclose the financial terms of its ownership in Calastone but mentioned that it acquired the stake ...

Link rejects takeover offer

ELIZA BAVIN  |  FRIDAY, 23 OCT 2020
Link Group has concluded the takeover proposal led by Pacific Equity Partners and Carlyle Group materially undervalues the business. The consortium, led by the two private equity firms was offering $5.20 per share via a scheme of arrangement. Link said ...

Super advice firm buys robo-adviser

ANNABELLE DICKSON  |  FRIDAY, 23 OCT 2020
Digital superannuation advice provider SuperEd has acquired robo-advice provider Clover. SuperEd provides a number of services such as intra-fund advice for superannuation members and Retirement Essentials which assists Australians applying for the ...

Robo-advice a complement, not disruptor: Six Park

ANNABELLE DICKSON  |  FRIDAY, 23 OCT 2020
The advice industry is faced with increasing demand for affordable and accessible financial advice and implementing digital solutions to segment clients could be the answer, according to a new whitepaper. Digital advice provider Six Park's latest whitepaper ...

Worst investment ideas revealed: ARK

ELIZABETH MCARTHUR  |  THURSDAY, 22 OCT 2020
The research team behind ARK Invest have released a new 'bad ideas report', revealing the industries they believe investors should avoid. Top of the list of bad ideas was physical bank branches, as the ARK researchers think consumer banking will shift ...

Statewide appoints new chief technology officer

ELIZABETH MCARTHUR  |  WEDNESDAY, 21 OCT 2020
Statewide Super has hired a new chief technology officer who previously headed up technology and security at Sunsuper. David Cook will step into the role at the $10 billion industry fund. He spent a total of seven years at Sunsuper, six of those as ...

BT cuts Wealth Connect

ALLY SELBY  |  FRIDAY, 16 OCT 2020
BT has proposed changes to its Wealth Connect business which could see at least 38 roles become redundant, as Westpac continues to review its wealth platform, superannuation, investments and insurance businesses. BT's Wealth Connect team provides ...