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

Search Results

Showing 131 - 140 of 3215 results for "April 2012"

CBA sets aside $52m for remediation

ELIZA BAVIN  |  WEDNESDAY, 13 AUG 2025
Commonwealth Bank of Australia (CBA) said it has provisioned $52 million for remediation purposes as it finalises various class actions, including those related to superannuation and advice. CBA said the group is still defending two superannuation class ...

InterPrac hit with $22m in AFCA complaints

KARREN VERGARA  |  FRIDAY, 8 AUG 2025
Sequoia Financial Group's InterPrac Financial Planning is facing $22 million worth of complaints lodged with the Australian Financial Complaints Authority (AFCA) for its advisers' role in the collapse of the Shield Master Fund and First Guardian ...

WT Financial's Investco makes acquisition

ELIZA BAVIN  |  THURSDAY, 7 AUG 2025
... acquisition and the establishment of its second "Hubco". Titan Advice Group (TAG) - which was formed as the first Hubco in April - has announced the acquisition of Rushby Financial for $2.8 million. Settlement is expected to be completed by October 1 ...

Warakirri brings US manager to Australia

JAMIE WILLIAMSON  |  WEDNESDAY, 6 AUG 2025
Warakirri Asset Management is partnering with a San Diego-based manager to launch a global small companies fund to wholesale and retail investors. Warakirri will distribute the ClariVest Global Small Companies Fund on behalf of ClariVest Asset Management. ...

Former Qantas Super investment chief lands new gig

MATTHEW WAI  |  WEDNESDAY, 6 AUG 2025
Former Qantas Super investment lead Andrew Spence has joined a local multi-family office as partner and chief investment officer. Omnia Capital Partners has welcomed Spence, where he will lead portfolio construction and asset allocation and grow the ...

Guilty plea entered in Ponzi scheme case

JAMIE WILLIAMSON  |  TUESDAY, 5 AUG 2025
A man who carried on a financial services business without and AFSL and duped investors out of nearly $2 million has pleaded guilty to dishonest conduct and dealing with proceeds of crime. Ashley Arandez pleaded guilty to dishonest conduct, unlicensed ...

Employee shareholders officially file lawsuit against FNZ

KARREN VERGARA  |  THURSDAY, 31 JUL 2025
FNZ employee shareholders have officially filed a lawsuit against FNZ, alleging the global technology firm and its board substantially diluted their ownership with several capital raises. FNZ B class shareholders filed the class action at the High Court ...

Former CBA chief economist joins UniSuper

ELIZA BAVIN  |  TUESDAY, 29 JUL 2025
UniSuper has announced that former Commonwealth Bank (CBA) chief economist Stephen Halmarick will join its investment committee as an independent (non-director) member. The $149 billion super fund said Halmarick will commence his tenure on 1 August ...

American Century cuts US outlook amid tariff impacts

MATTHEW WAI  |  TUESDAY, 29 JUL 2025
American Century Investments has revised its medium-term capital markets assumptions, which were formulated in April before US President Donald Trump's tariffs were announced. US equity return forecasts have declined, driven by falling price-to-earnings ...

Private debt leads fixed income returns: Research

ELIZA BAVIN  |  WEDNESDAY, 23 JUL 2025
The Morningstar Fixed Income Sector Wrap found the fixed income sector has seen a robust 12 months across the board. Morningstar's qualitative research assessments currently cover 79 fixed-income strategies available to Australian investors. "It was ...