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

Search Results

Showing 1571 - 1580 of 9412 results for "Level"

Financial services feels talent crunch

ELIZABETH MCARTHUR  |  THURSDAY, 28 OCT 2021
... specialists, risk and compliance specialists and bigger than usual salary increases for analysts moving to the senior analyst level. "The focus on superannuation fund performance and reporting, along with increased merger activity, is creating a need ...

CFS joins firms in net zero alignment

ANNABELLE DICKSON  |  THURSDAY, 28 OCT 2021
As the COP26 summit approaches Colonial First State (CFS), the NZ Super Fund and Goldman Sachs have announced their commitment to net zero initiatives. CFS announced its alignment to the goals of the Paris Agreement and is committing to net zero emissions ...

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 ...

Centuria, MAF make joint acquisition

ANNABELLE DICKSON  |  WEDNESDAY, 27 OCT 2021
... Adelaide. Both groups will take a 50% interest in 25 Grenfell Street in the Adelaide CBD for $83.3 million each. The 24-level office building will be jointly managed by both Centuria and MAF. The 50% stake held by MAF will be split between MA SIV Property ...

Super executives switching options in conflict: ASIC

ELIZABETH MCARTHUR  |  WEDNESDAY, 27 OCT 2021
... and oversight to adequately counter this risk," ASIC commissioner Danielle Press said. "This is very concerning given the level of sophistication and governance required of trustees when managing millions of dollars in assets on behalf of fund members." ...

No proof of member benefit: APRA on super fund spends

JAMIE WILLIAMSON  |  TUESDAY, 26 OCT 2021
APRA has found instances of expenditure by superannuation funds that does not meet the best financial interests of members, including sponsorship deals and advertising spends with no evidence of member benefit. Releasing its review of RSE licensee marketing ...

Future Fund hits $199 billion

ELIZABETH MCARTHUR  |  TUESDAY, 26 OCT 2021
Future Fund's latest portfolio update shows the sovereign wealth fund is just shy of hitting $200 billion. "After the exceptional 22% return in 2020-21, the Future Fund continued to grow in the September 2021 quarter. Delivering a 10-year return of ...

Better Advice Bill gets green light

KARREN VERGARA  |  FRIDAY, 22 OCT 2021
... recommendation from the Hayne Royal Commission related to the provision of financial advice. "Whilst this legislation now provides a level of clarity as to who regulates financial planners, there are still outstanding issues that need to be addressed ...

IOOF to adopt new name, brand

JAMIE WILLIAMSON  |  THURSDAY, 21 OCT 2021
... opportunities for us going ahead," Mota told Financial Standard. "For us, it was important that we had a brand at a corporate level that embodied those opportunities and equally brought with us some of those fundamental aspects of IOOF and its origins ...

Advisers closer to professionalisation: FASEA

KARREN VERGARA  |  THURSDAY, 21 OCT 2021
... Existing advisers with a bachelor or higher degree deemed as a FASEA-approved degree are required to complete a university level ethics course that incorporates the FASEA Code of Ethics by 1 January 2026 and no further study is required.