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St George head of advice joins Anne Street

LAURA MILLAN  |  MONDAY, 9 FEB 2015
Westpac's head of St George, Bank of Melbourne and Bank SA Financial Planning has left the business and joined Anne Street Partners as head of strategy and advice. Jason Dunn will be responsible for the implementation of the firm's national business ...

SMSF sector enters next phase

LAURA MILLAN  |  MONDAY, 9 FEB 2015
The self-managed super fund (SMSF) sector is entering the stage of maturity as benefit payments surpass contributions for the first time. This industry tipping point was confirmed with the recent release of the Australian Taxation Office (ATO) statistical ...

Taylor rules the RBA just right

BENJAMIN ONG  |  TUESDAY, 3 FEB 2015
... yen, 9.8% against sterling, 4.7% versus the euro and 11.9% on a trade weighted basis. It's like what Bruce Lee termed, "the art of fighting without fighting"... the currency war. And then there's the "Taylor Rule" - yes, it's been a long time between ...

SSgA appoints sales executive

ALEX BURKE  |  WEDNESDAY, 14 JAN 2015
State Street Global Advisors (SSgA) has appointed Chris Artis as its new vice president of sales and distribution for institutional sales. Based in Melbourne, Artis has nearly 30 years' experience in superannuation via senior roles at Telstra Super ...

Artisan Partners opens local office

MARK SMITH  |  WEDNESDAY, 7 JAN 2015
US-based fund manager Artisan Partners has opened its first office in Australia. The group first entered the Australian market in late 2011 through a third-party distribution agreement with Grey Pine Advisory, which is solely operated by Whitney Drayton. ...

Assistant Treasurer Sinodinos resigns

AAP  |  FRIDAY, 19 DEC 2014
Assistant Treasurer Arthur Sinodinos has resigned from the ministry. The decision is expected to trigger a ministerial reshuffle. The decision paves the way for Prime Minister Tony Abbott to reshuffle his frontbench as early as this weekend. "I will ...

FEATURE: 2014 year in review

MARK SMITH, LAURA MILLAN, JAMES FERNYHOUGH  |  FRIDAY, 12 DEC 2014
This year has been another busy one for the financial servives industry. FoFA remained on the radar and the Financial System Inquiry has the potential to change things in a big way. The Financial Standard team takes a look at the issues that made waves ...

ANZ asks for US-style national adviser exam

LAURA MILLAN  |  THURSDAY, 11 DEC 2014
ANZ has offered to foot the bill to start-up a national exam for financial advisers that mirrors the United States Series 7 exam run by the Financial Industry Regulatory Authority (FINRA). The bank estimated that it would cost $600,000 to kick-start ...

SPAA "disappointed" by the FSI's SMSF borrowing recommendations

ALICE URIBE  |  MONDAY, 8 DEC 2014
The SMSF Professionals Association of Australia (SPAA) has rejected the Financial System Inquiry's (FSI) recommendation that the government reinstate the prohibition on direct borrowing for limited recourse borrowing arrangements (LRBAs) by superannuation ...

Latest Financial Standard issue available on the iPad app

STAFF WRITER  |  MONDAY, 8 DEC 2014
In the latest edition of Financial Standard we revisit the big issues that affected the financial services industry this year. We also cover the CIO & COO Awards, the 2014 Selecting Super Awards and the Smileys. You can read these articles on your iPad ...

Editor's Choice

Mercer Super chief executive steps down

RIDDHIMA TALWANI  |   12:01PM
Mercer Super chief executive Claire Ross is departing after almost 17 years in senior leadership roles at the retail super fund.

AusFood Super looks to revitalise member engagement

MATTHEW WAI  |   11:30AM
The $3.5 billion super fund has partnered with InvestStream to launch RetireSmart+, becoming the first super fund to bring an AI-powered engagement experience to some 66,000 members.

L1 Group posts 'marked recovery' in June quarter

RIDDHIMA TALWANI  |   12:13PM
L1 Group has reported a marked recovery in investment performance in the June quarter.

European PE firm mandates Apostle with Australian distribution

RIDDHIMA TALWANI  |   11:50AM
Apostle Fund Management has been appointed by European investment firm Triton Partners for the distribution of its credit strategies in Australia and New Zealand.

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