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

Search Results

Showing 1401 - 1410 of 4928 results for "MIS"

Criminal charges filed against CBA

ELIZABETH MCARTHUR  |  FRIDAY, 17 SEP 2021
ASIC has brought 30 criminal charges against Commonwealth Bank for mis-selling consumer credit insurance, with the bank to plead guilty. The charges relate to CBA's promotion and sale of CreditCard Plus and Loan Protection policies as an add-on insurance ...

Global firm expands into Aussie wealth management

ELIZABETH MCARTHUR  |  FRIDAY, 17 SEP 2021
A London-headquartered behavioural finance firm has announced plans to expand into the Australian wealth management sector. Oxford Risk has hired Bianca Kent as head of client and strategy, to be based in Sydney, as it enters the market. The firm builds ...

ME Bank faces criminal charges

ELIZABETH MCARTHUR  |  WEDNESDAY, 15 SEP 2021
ME Bank has appeared in Federal Court, facing criminal charges for allegedly making false and misleading representations in letters to its home loan customers. It is also alleged that the bank failed to provide written notice about annual interest rate ...

MSCI launches implied temperature tool

ELIZABETH MCARTHUR  |  WEDNESDAY, 15 SEP 2021
MSCI has launched an implied temperature tool, which will assess how companies are aligning with global temperature targets as the effects of climate change are felt. The Implied Temperature Rise solution will provide investors with data to map how ...

Older investors, women flock to crypto

ANNABELLE DICKSON  |  WEDNESDAY, 15 SEP 2021
Young males no longer make up the majority of cryptocurrency investors, with older Australians and women investing large amounts, according to BTC Markets. BTC Markets' Investor Report FY20-21 showed almost one in four crypto investors are over the ...

Pension fund backs Aussie insurance distributor

JAMIE WILLIAMSON  |  TUESDAY, 14 SEP 2021
A major Canadian pension fund has taken a 33.4% stake in the Greenstone, the Sydney-based distributor of several retail insurance brands. Ontario Teachers' Pension Plan Board has reached an agreement to acquire the stake from fellow Canadian pension ...

Verve Super taps investors for $2.6m raise

KANIKA SOOD  |  TUESDAY, 14 SEP 2021
The start-up superannuation fund has raised $2.6 million, with Carol Schwartz coming on board as one of the investors. Verve said the raise attracted female investors including philanthropist and AI Media chair Deanne Weir, human rights lawyer Dalit ...

ATO will not pursue erroneous JobKeeper payments

KARREN VERGARA  |  MONDAY, 13 SEP 2021
The Australian Tax Office announced it will not pursue businesses that took advantage of JobKeeper despite raking in large profits, nor will it ask small businesses to repay $180 million claimed in error. The ATO revealed that over one million businesses ...

One in four Aussies have no super account

ELIZABETH MCARTHUR  |  MONDAY, 13 SEP 2021
A new survey conducted by Finder has revealed that one in four Australians do not have a superannuation account. Finder surveyed 1004 Australians, finding that 24% - approximately 4.6 million people - have no super account. The research found that of ...

ASIC urged to act on common ownership

KARREN VERGARA  |  FRIDAY, 10 SEP 2021
Corporate regulator ASIC was slammed for its lack of oversight over common ownership and concentration at a parliamentary committee this morning. The Standing Committee on Economics, which discussed the implications of capital concentration and common ...