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

Search Results

Showing 1561 - 1570 of 9372 results for "Fee"

Fixed interest ETP issuers hit the gas

CHLOE WALKER  |  THURSDAY, 16 MAR 2023
Fixed interest ETPs were the fastest growing asset class in Australia last year, according to Rainmaker Information. In its latest ETP Report, Rainmaker found in the 12 months to December 2022 the fixed interest (FI) sector grew by 16% to $16 billion ...

Active fund managers historically underperform: SPIVA

KARREN VERGARA  |  WEDNESDAY, 15 MAR 2023
... Morningstar said. Multi-boutique Pinnacle Investment Management, also assigned with a "high uncertainty" rating, is susceptible to fee pressure from low-cost index products as 83% of its FUM is invested in public market assets. Pinnacle's boutiques typically ...

CareSuper changes TPD definition, extends cover

ANDREW MCKEAN  |  TUESDAY, 14 MAR 2023
CareSuper is making a raft of changes to its insurance offering, including a change to the definition of total and permanent disablement (TPD), impacting members who file a claim. CareSuper said its insurer MetLife has made the definition change. Under ...

HSBC bails out Silicon Valley Bank UK

CASSANDRA BALDINI  |  TUESDAY, 14 MAR 2023
HSBC has leapt to the rescue and purchased the embattled Silicon Valley Bank's (SVB) UK arm for a total sum of £1. The banking giant yesterday announced its UK ring-fenced subsidiary, HSBC UK Bank, would make the purchase, which excluded the assets ...

Morningstar launches managed accounts portfolios

KARREN VERGARA  |  MONDAY, 13 MAR 2023
Morningstar has launched six managed accounts products that aim to help financial advisers achieve their clients' investment objectives. The Medalist Core Portfolios use both active and passive investment strategies across managed funds and exchange-traded ...

Advice firms trading at premium: Broker

KARREN VERGARA  |  FRIDAY, 10 MAR 2023
... broker. Centurion Market Makers' newly released Practice acquisition sale & valuation guide reveals that the demand for premium fee-based client books is increasing, as a firm with 100 or so clients based in the CBD earning $1 million in fees can sell ...

First Super awards ESG mandate

RACHEL ALEMBAKIS  |  FRIDAY, 10 MAR 2023
First Super has appointed IFM Investors to manage a new indexed international equities strategy with a focus on governance and labour rights. The new strategy is designed to provide exposure to a diversified portfolio of global (ex-Australia) publicly ...

ASIC issues more interim stop orders

CASSANDRA BALDINI  |  FRIDAY, 10 MAR 2023
Deficiencies in its target market determination (TMD) have seen interim stop orders placed on Interactive Brokers Australia. ASIC initiated the temporary suspension, valid for 21 days, to prohibit Interactive Brokers from offering, issuing, or giving ...

Dodgy advice bill nears $5bn: ASIC

CASSANDRA BALDINI  |  FRIDAY, 10 MAR 2023
... $4.7 billion. The remediation programs included in ASIC's update relate to customers who suffered loss or detriment due to fee for no service misconduct or non-compliant advice. While it is ASIC's final update, some remediation programs are ongoing. ...

Claimants tend to be younger women: Research

KARREN VERGARA  |  WEDNESDAY, 8 MAR 2023
New life insurance research shows that women who make cancer-related claims tend to be younger than men. A MetLife study found that females making cancer-related claims in the areas of death, income protection, terminal illness, TPD and trauma are younger ...