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

Search Results

Showing 1441 - 1450 of 3553 results for "October 2011"

Social media reacts to SIBOS

HARRISON WORLEY  |  FRIDAY, 26 OCT 2018
Attendees of the world's largest banking conference took to social media to share their SIBOS experience. Swift at sibos today: "The benefits of DLT are promising, but delivering it is still years away." There are over 100 financial institutions with ...

Nikko appoints AIST director

KANIKA SOOD  |  FRIDAY, 26 OCT 2018
Nikko Asset Management has appointed an AIST and Tasplan Super director to its boards. Naomi Edwards is a trained actuary and will serve as a non-executive on the boards of Nikko Asset Management Australia Limited and Nikko AM Limited, also chairing ...

Chief economist update: Super Mario keeps his cool

BENJAMIN ONG  |  FRIDAY, 26 OCT 2018
The European Central Bank's (ECB) October 25 Governing Council meeting concluded with a decision that markets widely expected. The ECB left interest rates unchanged - the benchmark refinancing rate at 0%, the marginal lending facility rate at 0.25% ...

Life insurer early intervention reforms dumped

KARREN VERGARA  |  THURSDAY, 25 OCT 2018
Life insurance reforms proposed to provide better rehabilitation and early intervention treatment have been scrapped by the Federal Government. In response to the Parliamentary Joint Committee on Corporations and Financial Services' report released ...

Blue Sky LIC gets a new suitor

KANIKA SOOD  |  WEDNESDAY, 24 OCT 2018
Geoff Wilson has thrown his hat in the ring for the troubled Blue Sky LIC which last week reached an agreement to appoint a Pinnacle affiliate as its new manager. Wilson Asset Management has sent a proposal to the LIC's non-executive directors, making ...

BTFG expands tobacco divestment

HARRISON WORLEY  |  THURSDAY, 18 OCT 2018
BT Financial Group is expanding its divestment from tobacco and controversial weapons. The firm is extending its ESG exclusion framework to investment mandates for internally managed investments, saying customers demand sustainable investing that aligns ...

Industry fund drops life premiums, pension fees

JAMIE WILLIAMSON  |  THURSDAY, 18 OCT 2018
A $1.5 billion industry superannuation fund is reducing select insurance premiums after renegotiating its group insurance mandate. It also slashed the administration fee on its pension account. Under a new group cover deal with MetLife, REI Super has ...

Firetrail calls off $305m IPO

KANIKA SOOD  |  WEDNESDAY, 17 OCT 2018
The former Macquarie stock pickers have hit the brakes on a LIC based on their absolute return strategy after a few investors lapped up most of the raise. Firetrail Investments had raised "well over" $100 million when management and board decided the ...

Superannuation ripe for blockchain

HARRISON WORLEY  |  MONDAY, 15 OCT 2018
Australia's $2.7 trillion superannuation system has a lot to gain from adopting distributed ledger technologies (DLT), but the industry will want more clarity around blockchain applications before it jumps in. Bravura Solutions global head of wealth ...

WAM pushes for HHY closure

KARREN VERGARA  |  TUESDAY, 9 OCT 2018
Wilson Asset Management wants to shutter the underperforming Hastings High Yield Fund (HHY) amid the controversy surrounding Aurora Funds Management, which acts as its responsible entity. WAM is setting in motion a general meeting to urge HHY shareholders ...