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

Search Results

Showing 1531 - 1540 of 6248 results for "December 2002"

Sydney boutique winds up fund

KANIKA SOOD  |  TUESDAY, 28 JUL 2020
Redpoint Investment Management has wound up its industrials fund but will continue to offer it as the much-bigger model portfolio. The boutique decided to shutter its industrials fund (and equivalent mFund), saying it has not been able to grow the funds ...

APRA intervention blindsided AFA, FPA taskforce

ELIZABETH MCARTHUR  |  TUESDAY, 28 JUL 2020
At the Financial Services Council Life Insurance Summit, the heads of financial advice industry associations admitted to being blindsided by APRA's intervention on individual disability income insurance. Association of Financial Advisers chief executive ...

Super to lose $3tn by 2040

JAMIE WILLIAMSON  |  FRIDAY, 24 JUL 2020
Australia's superannuation industry will have foregone $3 trillion in growth by 2040 as a result of COVID-19, according to new analysis. The super industry was projected to hit $10 trillion over the next two decades, but Rainmaker Information has ...

Chief economist update: Australian outlook under COVID-19

BENJAMIN ONG  |  FRIDAY, 24 JUL 2020
Only seven months before, Australia was on course to bring its fiscal budget back in the black after 12 years and an almost equal number of promises later from both sides of the political divide. The Mid-Year Economic and Financial Outlook (MYEFO) - ...

Early release of super extended

ELIZABETH MCARTHUR, KANIKA SOOD  |  THURSDAY, 23 JUL 2020
The government has announced an extension to the early release of super program designed to help Australians experiencing hardship as a result of COVID-19. Originally, the program was set to end on 24 September 2020. Now, people will be able to apply ...

J.P. Morgan wins custody mandate

KANIKA SOOD  |  THURSDAY, 23 JUL 2020
A $21 billion superannuation fund has renewed J.P. Morgan as its custodian for another five years. TelstraSuper renewed the contract after a market assessment. TelstraSuper head of investment operations Miles Mallick said J.P. Morgan's emphasis on delivering ...

ASIC will not appeal wagyu and shiraz decision

ANNABELLE DICKSON  |  THURSDAY, 23 JUL 2020
The corporate regulator has announced it will not appeal to the High Court's rejection ofits case against Westpac for alleged responsible lending breaches. ASIC commenced federal court proceedings against Westpac in 2017 alleging that between December  ...

ETP market winners revealed

ELIZABETH MCARTHUR  |  WEDNESDAY, 22 JUL 2020
New research from Rainmaker Information has revealed the winners in the exchange traded product (ETP) market. Comparing data from the end of the June quarter to the same time last year, Vanguard remains the largest ETP manager in Australia with $20.5 ...

12 charged in $17m fraud

ELIZA BAVIN  |  WEDNESDAY, 22 JUL 2020
A joint-agency investigation into an elaborate $17 million fraud has resulted in charges against 12 people. Australian Federal Police (AFP) investigators executed search warrants at 10 locations across Sydney, nine in south-east Queensland and two in ...

JobKeeper, JobSeeker to be extended

ELIZA BAVIN  |  TUESDAY, 21 JUL 2020
Businesses and individuals will continue to receive additional government support beyond September, with Prime Minister Scott Morrison announcing an extension to the stimulus support package. JobKeeper is set to be extended until March 2021 and has ...