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

Search Results

Showing 1601 - 1610 of 14210 results for "Interest"

Will HNW firms re-enter retail advice?

KARREN VERGARA  |  WEDNESDAY, 1 NOV 2023
... client demographic in 2018, largely due to the complex regulatory environment and the difficulty of complying with Best Interest Duty obligations and how costly it was to do so, JBWere Australia chief executive Maria Lykouras told yesterday's AFR ...

Calastone appoints new local head

ANDREW MCKEAN  |  WEDNESDAY, 1 NOV 2023
... compared to the same period in 2021. Lee perceived that policymakers have "taken the punchbowl away," warning that high interest rates are likely to persist for the foreseeable future. This has led to a surge in bond yields and a corresponding downturn ...

MLC Life names operations, people chiefs

KARREN VERGARA  |  TUESDAY, 31 OCT 2023
MLC Life Insurance made two executive appointments who will each lead the operations and human resources departments. Jane Murray has been named chief operating officer after serving as chief operating and people officer for the last nine months. Murray ...

AMP Capital sale inches toward completion

CHLOE WALKER  |  TUESDAY, 31 OCT 2023
... business to Dexus Funds Management (Dexus) have been met. The last phase of this sale involves the transfer of AMP's interest in China Life AMP Asset Management Company Limited (CLAMP). Once this process is finished, AMP will receive the remaining ...

Power50: Most influential advisers named

STAFF WRITER  |  MONDAY, 30 OCT 2023
Now in its 10 th year, the Financial Standard Power50 list showcases the most influential financial advisers in the country in 2023. Financial Standard has released its annual Power50 list, comprising a vibrant and diverse mix of familiar faces and ...

Federal Court freezes assets of pension platform

CASSANDRA BALDINI  |  MONDAY, 30 OCT 2023
... available in any account with any financial institution in Australia and elsewhere in which Brite has any legal or equitable interest. ASIC said the interim order aims to help protect the beneficiaries of the assets under management by Brite, including ...

Bell FG announces leadership shakeup

CHLOE WALKER  |  FRIDAY, 27 OCT 2023
... is yet to be named, BFG has made several board appointments, including group founder Andrew Bell, who represents the interest of major shareholder Bell Group Financial Holdings. Other subsidiary board appointments include Bell Potter Securities chair ...

PGIM executive quits after less than two years

ELIZABETH FRY  |  FRIDAY, 27 OCT 2023
PGIM's head of Australia wealth Benjamin Price will step down less than two years after being appointed. The US$1.2 trillion asset management business of Prudential Financial has confirmed that Price will leave by the end of the year. However, people ...

Inflation eases to 5.4%, RBA tipped to hike interest rates

ANDREW MCKEAN  |  THURSDAY, 26 OCT 2023
... quarter, outpacing the 0.8% increase in June, prompting GSFM investment strategist Stephen Miller to label an upcoming interest rate adjustment by the Reserve Bank of Australia (RBA) on Melbourne Cup Day as near certain. Miller pointed out that the most ...

ASIC's pursuit of Mayfair 101 founder faces setback

JAMIE WILLIAMSON  |  THURSDAY, 26 OCT 2023
... appeal), that they not now be allowed," he said. "Nearly six hundred Australian lenders have been without principal and interest payments for more than three and a half years after ASIC set upon the business in April 2020 without interviewing Mr Mawhinney ...