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

Search Results

Showing 1571 - 1580 of 5520 results for "Class"

Fiducian acquires $1.1bn advice business

JAMIE WILLIAMSON  |  WEDNESDAY, 3 NOV 2021
... Also commenting, PCCU managing director Steve Laidlaw said: "Our focus is to ensure our members continue to receive first-class financial advice and our financial planning team benefit from enhanced career development and growth opportunities. Fiducian ...

ASIC sues timeshare company

KARREN VERGARA  |  WEDNESDAY, 3 NOV 2021
Timeshare company Ultiqa Lifestyle Promotions is in the firing line for providing bad financial advice, following an investigation by ASIC. ASIC alleges that between October 2017 to March 2019 the advice was provided by authorised representatives promoting ...

Sunsuper, QSuper merger legislation passes

JAMIE WILLIAMSON  |  THURSDAY, 28 OCT 2021
... to achieve net zero emissions by 2050 a methodology has been formulated for application within the listed equities asset class. Its basis is the measurement of portfolio emissions (scope 1 and 2) at individual stock level with an overlay applied that ...

Natixis hires sales director from First Sentier

KARREN VERGARA  |  WEDNESDAY, 27 OCT 2021
Natixis Investment Managers hired an institutional sales director who spent nearly a decade at First Sentier Investors. Sydney-based Edward Tighe joined Natixis IM in October. He finished up as director of institutional business at First Sentier, formerly ...

Unlisted asset valuation processes largely inadequate: APRA

JAMIE WILLIAMSON  |  WEDNESDAY, 27 OCT 2021
In reviewing decisions made by super funds in relation to unlisted assets early last year, APRA has found an overreliance on external parties like fund managers and asset consultants by some, possibly to the detriment of members. It also found instances ...

LGIAsuper, Energy Super change fees

ANNABELLE DICKSON  |  WEDNESDAY, 27 OCT 2021
... We also reduced the estimated investment fees for all ready-made options including MySuper and some of our single asset class options." The superannuation fund is in the process of acquiring Suncorp Portfolio Services Limited (SPSL) which will result ...

eToro expands crypto offering

JAMIE WILLIAMSON  |  TUESDAY, 26 OCT 2021
... pioneer in the crypto markets and we are excited to observe more Australians dipping their toes into this emerging asset class." "The crypto ecosystem is expanding with the emergence of new altcoins and as a result we are seeing Australian investors ...

End of the road for Dollarmites

KARREN VERGARA  |  MONDAY, 25 OCT 2021
Commonwealth Bank has ditched its 90-year-old Dollarmites program after the state governments' banning of school banking schemes. The New South Wales government is the latest to jump on board and ban bank-run marketing schemes in classrooms after ...

Macquarie AM acquires alternative investment group

ELIZABETH MCARTHUR  |  FRIDAY, 22 OCT 2021
... of Central Park Group Gregory Brousseau said this is a natural next step for the firm. "We will continue to offer best-in-class alternative investments and clients will benefit from the added resources, depth and scale of a major global financial institution," ...

Pinnacle backs investment platform

ELIZABETH MCARTHUR  |  FRIDAY, 22 OCT 2021
... We want to offer an easier and more engaging way for Australia's retail investors to access our growing network of world-class asset managers," Pinnacle founder and managing director Ian Macoun said. "By investing in OpenInvest via this funding round ...