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

Search Results

Showing 131 - 140 of 805 results for "Group of 20"

Link Group agrees to sell BCM arm

CHLOE WALKER  |  FRIDAY, 17 MAR 2023
Link Group has sold its banking and credit management (BCM) business for cash consideration up to $48 million to Irish firm LC Financial Holdings (LCFH). The transaction is expected to complete in the second half of the year, subject to the Financial ...

ASIC charges former investment company executives

ANDREW MCKEAN  |  MONDAY, 6 MAR 2023
Benjamin Hornigold's former chief executive and chief financial officer face charges for dishonest breach of duties and misleading the ASX. ASIC alleges former chief executive Stuart McAuliffe and former chief financial officer Samuel Elderfireld failed ...

ART appoints new board, investment committee members

ANDREW MCKEAN  |  WEDNESDAY, 1 MAR 2023
Australian Retirement Trust (ART) has made several high-profile appointments to its board and investment committee. Former Future Fund managing director Mark Burgess will join ART as a board director and member of the investment committee in mid-2023. ...

Optimum Pensions urges super trustees to insure mortality risk

ANDREW MCKEAN  |  TUESDAY, 28 FEB 2023
Optimum Pensions has urged super trustees to insure life expectancy and mitigate mortality risk to meet Retirement Income Covenant objectives. Optimum Pensions' ' The difference between insured and uninsured retirement products ' whitepaper said trustees ...

The self-funded retiree is a misnomer: Institute

JAMIE WILLIAMSON  |  MONDAY, 6 FEB 2023
New research from The Australia Institute shows the cost to the federal budget of tax concessions is almost on par with the total cost of the Age Pension, with the think tank declaring the 'self-funded retiree' a misnomer. According to the insights ...

Grow Inc partners with data services firm

JAMIE WILLIAMSON  |  FRIDAY, 3 FEB 2023
The superannuation administrator is working with Novigi to help ease the transition process for new super fund clients onto the Grow platform. Novigi will assist in supporting Grow and incoming funds throughout and following the implementation process ...

Don't miss out on deep value US stocks: GMO

CHLOE WALKER  |  THURSDAY, 12 JAN 2023
Otherwise known as the 'cheapest quintile', deep value stocks are the most attractive and underrepresented group within US equities today, according to GMO's asset allocation team. While value outperformed growth by a wide margin last year ...

Ausbil chief executive to retire

JAMIE WILLIAMSON  |  THURSDAY, 8 DEC 2022
Ross Youngman will retire next year, with the equities manager naming his replacement. Youngman will step down in the third quarter of 2023 after six years in the role and eight years at the firm. "It has been very satisfying to work closely with our ...

DASS clients pushed to accept paltry recoupment

ANDREW MCKEAN  |  FRIDAY, 2 DEC 2022
Dixon Advisory and Superannuation Services administrators have said it's in the best interest of the failed group's creditors to vote in favour of a proposed deed of company arrangement that would see them receiving as little as 3.1 cents on ...

Six local funds in world's top 100: Study

JAMIE WILLIAMSON  |  WEDNESDAY, 30 NOV 2022
There are six Australian entities in the top 100 asset owners by size, according to Willis Towers Watson's Thinking Ahead Institute. According to new research, total assets held by the globe's 100 largest owners is up 9% since the end of 2021 to US$26 ...