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

Search Results

Showing 1461 - 1470 of 13016 results for "Change"

Equip Super reduces admin fees, introduces insurance fee

JAMIE WILLIAMSON  |  THURSDAY, 27 JUN 2024
... 0.19% per annum. The maximum administration fee charged will now be $950, compared to the $1100 it was previously. The change to the asset-based fee doesn't apply to members of employer partners' BOC or Elgas plans, but their maximum fee charged will ...

Australian wealth rises to $16.2tn

ELIZA BAVIN  |  THURSDAY, 27 JUN 2024
Data from the Australian Bureau of Statistics (ABS) revealed household wealth rose for a sixth straight quarter, by 2.7% in the March quarter to total $16.2 trillion. Residential land and dwellings was the largest contributor to quarterly growth in ...

Unprecedented vulnerabilities in financial services: KPMG

ANDREW MCKEAN  |  THURSDAY, 27 JUN 2024
... Access Management measures, there is a pressing need to accelerate the adoption and preparedness level to keep pace with change," KPMG said. "Evolving to a model where a digital identity with a high level of assurance is a reality will enable businesses ...

New NALE rules, AFCA's super powers passed

KARREN VERGARA  |  THURSDAY, 27 JUN 2024
... be classified as NALI and taxed at the top marginal rate of tax (45%). On 1 July 2018, the government mandated the laws change to focus on a super fund's expenses as well as their income. "The 1 July 2018 changes seemed harmless enough until you ...

Inflation spikes again sparking rate rise fears

ELIZA BAVIN  |  WEDNESDAY, 26 JUN 2024
... August". "The risk of baked-in inflationary expectations is too high," he said. "Three of the big banks have not announced a change in their projection for a rate cut and look to be sticking with November, but this looks optimistic today and could look ...

Telstra flags ditching venture capital arm

KARREN VERGARA  |  TUESDAY, 25 JUN 2024
Telstra's US$1 billion start-up incubator has rebranded to Titanium Ventures as the telco giant looks to ditch the venture capital space. Telstra Ventures, a subsidiary of Telstra founded in 2011, overnight announced it has rebranded to Titanium ...

First Sentier Investors names people, culture lead

JAMIE WILLIAMSON  |  TUESDAY, 25 JUN 2024
... years. First Sentier described her as having "extensive experience in organisational design and development strategies, change management and HR operational delivery, which coupled with a sound understanding of First Sentier Investors and its culture ...

Vision Super in hot water over coal investment

ELIZA BAVIN  |  TUESDAY, 25 JUN 2024
Vision Super has found itself in hot water after analysis revealed it has purchased $2.2 million worth of Whitehaven Coal stocks after walking back its fossil fuel exclusion policy last year. The super fund changed its environmental, social and governance ...

State Street cuts fees on six ETFs

ELIZA BAVIN  |  TUESDAY, 25 JUN 2024
State Street Global Advisors announced management cost reductions on six of its Australian-based ETFs. Effective July 1, management costs will be cut for several ETFs including in international equities, Australian equities, listed property and emerging ...

Financial advice profession 'lacks consistent protocols'

ELIZA BAVIN  |  TUESDAY, 25 JUN 2024
The financial advice profession "lacks consistent protocols" for handling suspected financial abuse and there are insufficient whistleblower protections, according to the Financial Advice Association Australia (FAAA). In its submission to the Parliamentary ...