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

Search Results

Showing 1491 - 1500 of 4767 results for "Run"

New role for former ClearView executive

HARRISON WORLEY  |  WEDNESDAY, 17 APR 2019
A former head of dealer group services at ClearView Wealth joined a firm helping accountants looking to expand into financial planning. Crescere Partners appointed Andrew O'Riordan as operations manager as the firm grows to meet the increasing demand ...

Tribeca fund cops another departure, downgraded

KANIKA SOOD  |  WEDNESDAY, 17 APR 2019
... process here is evolving under pressure." "The experienced investors may regroup, making this a solid strategy in the long run. But the upside for investors who stay is not worth the downside risk which explains our negative rating." The fund now has ...

Former Millennium3 adviser banned

ELIZABETH MCARTHUR  |  WEDNESDAY, 17 APR 2019
A former Millennium3 and Beacon Financial Group adviser was banned by ASIC for failing to act in the best interests of clients by recommending insurance with unaffordable premiums. Gregory Forster received a five year ban for failing to take into account ...

FSU seeks transparency on CBA job cuts

KARREN VERGARA  |  TUESDAY, 16 APR 2019
... line. If the reports were correct, comments from CBA that it was working to improve 'outcomes for customers' and to run the bank 'efficiently and effectively to invest in the future' were "farcical," she added. CBA responded to the FSU ...

US relaxes active ETF disclosures

KANIKA SOOD  |  TUESDAY, 16 APR 2019
Australia's active ETF industry could benefit as the US securities regulator softens its stance on daily disclosures for the segment. The U.S. Securities and Exchange Commission last week allowed an ETF provider to trade active ETFs without making daily ...

APRA to boost staff numbers

HARRISON WORLEY  |  FRIDAY, 12 APR 2019
... additional funding will support an increase of roughly 100 additional permanent staff, a meaningful increase relative to our long-run operating level of around 600," he said. "The challenge for us now is to recruit the right people, and do so at a time ...

Australian fund caught in email scandal

ELIZABETH MCARTHUR  |  FRIDAY, 12 APR 2019
The board of a $5 billion Australian government fund, run by several former investment bankers, has been admonished for using non-official email accounts to conduct business with political and commercial sensitivities. The Auditor General said some ...

Platform provider wins mandate

KANIKA SOOD  |  WEDNESDAY, 10 APR 2019
An ASX-listed platform provider has won a mandate from a wealth firm for a new managed discretionary account service. Managed Accounts Holdings will work with First Point Wealth Management to set up an MDA service. The move comes as First Point Wealth ...

Colonial acquisition cost CBA shareholders $53bn: Merlon

KANIKA SOOD  |  TUESDAY, 9 APR 2019
... what would have happened in the absence of the transaction, the implication is that there was little net benefit in the long run," Carlisle said. Operating expenses climbed up after the acquisition, growing by 5% compounded annually in the five years ...

Chief economist update: Two indicators giving the Fed a headache

BENJAMIN ONG  |  TUESDAY, 9 APR 2019
... mouth, "In the FOMC's March 2019 Summary of Economic Projections, Committee participants' estimates of the longer-run normal rate of unemployment ranged from 4-4.6% and had a median value of 4.3%." The latest US non-farm payrolls report put the ...