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

Search Results

Showing 1451 - 1460 of 19405 results for "One"

Federal Court approves AMP BOLR class action settlement

KARREN VERGARA  |  MONDAY, 9 SEP 2024
... damages and $17,177.84 for interest to WealthStone. Following an appeal from AMPFP and a cross-appeal from Equity Financial, one year later, the parties went into mediation, which resulted in them entering a binding head of agreement to settle the proceeding ...

Financial Standard wins Impact Award

STAFF WRITER  |  FRIDAY, 6 SEP 2024
... behind the scenes to deliver the content that we do - this award is a testament to all their hard work." Financial Standard was one of 12 lucky winners on the night. In the wealth management category, Jarrad Page of Right Advice Wealth Management was ...

RBA lays down the law on interest rates

ELIZA BAVIN  |  FRIDAY, 6 SEP 2024
... "I have noted on a number of occasions that monetary policy needs to be set for aggregate economic conditions. We only have one instrument - the interest rate - to impact demand and it is blunt. "But just as inflation is felt differently by various groups ...

Majority pass adviser exam

KARREN VERGARA  |  FRIDAY, 6 SEP 2024
... Nearly three quarters (73%) sat the exam for the first time. The results were similar to the April sitting, in which about one third of candidates failed the exam. A total of 21,430 candidates have sat the exam to date. Over 92% or 19,835 of candidates ...

abrdn closes hedge fund

KARREN VERGARA  |  FRIDAY, 6 SEP 2024
... equites experience material declines and volatility is high. This was done by combining diversified hedging strategies into "one active solution and is convex" meaning that as developed equity markets fall, its rate of gain increases. The fund returned ...

Rest hires two general managers

JAMIE WILLIAMSON  |  THURSDAY, 5 SEP 2024
The $86 billion industry super fund has added two general managers to its leadership, one to look after strategy and the other to oversee data and insights. Rest said the appointments were made with its strategy to simplify the super experience in mind. ...

Advisers add 5.7% premium

KARREN VERGARA  |  WEDNESDAY, 4 SEP 2024
... disciplined and reweight portfolios as global share markets reached record highs despite the temptation to chase more gains. One challenge in 2024 was curbing investors' enthusiasm as the AI boom and anticipated interest rate cuts pushed markets ...

CFS reviews Ironbark mandate

KARREN VERGARA  |  TUESDAY, 3 SEP 2024
Colonial First State (CFS) is reviewing its mandate with Ironbark Asset Management, which recently decided to sever ties with Royal London Asset Management (RLAM), whose former investment team left to set up a new Pinnacle Investment Management affiliate. ...

More to do in the fight against inflation: Chalmers

ELIZA BAVIN  |  TUESDAY, 3 SEP 2024
... month, the maximum rates of Commonwealth Rent Assistance will increase by a further 10% which Chalmers said will benefit nearly one million households. The government will also extend the higher rate of JobSeeker to single recipients who have an assessed ...

Former Courtenay House director sentenced

MATTHEW WAI  |  TUESDAY, 3 SEP 2024
... director Tony Iervasi has been sentenced to prison for 11 years, with a non-parole period of seven years, for his involvement in one of the nation's biggest Ponzi schemes. Between 13 December 2010 and 21 April 2017, Iervasi raised around $180 million ...