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

Search Results

Showing 1681 - 1690 of 10364 results for "Trust"

ASIC to crack down on superannuation misconduct

ANDREW MCKEAN  |  WEDNESDAY, 15 NOV 2023
... released today, the corporate regulator signalled that tackling misconduct is a "key priority" and requisite to maintaining trust and integrity in the financial system. The corporate regulator's update highlighted its actions from July to September ...

Australian Unity sells advice arm to Fortnum, Nestworth

ANDREW MCKEAN  |  TUESDAY, 14 NOV 2023
... and staff will continue to enjoy access to this growing advice network." Separately, Australian Unity Healthcare Property Trust (AUHPT) has announced the successful completion of its first issuance of senior, unsecured, six-year fixed rate A$ Medium ...

Aussie banks deliver record profits in FY23

CASSANDRA BALDINI  |  TUESDAY, 14 NOV 2023
... sources in the services offered and the delivery model adopted. Last but certainly not least, assessments of resilience and trust will be a priority for banks in the future. It highlighted the important role that banks will play in protecting and supporting ...

Treasury unveils advice reforms draft legislation

KARREN VERGARA  |  TUESDAY, 14 NOV 2023
Treasury has released long-awaited draft legislation to reduce administrative burdens of financial advisers but is missing key pieces, such as the elimination of the Best Interests Duty and the overhaul of the Statement of Advice (SoA). Released today ...

A-REIT strategies outperform G-REITs

CHLOE WALKER  |  MONDAY, 13 NOV 2023
A considerable number of Australian real estate investment trust (A-REIT) managers have been able to outperform the average total return of passive strategies over the long term, while their global counterparts have struggled. Morningstar's latest analysis ...

BlackRock plans to launch Ethereum ETF

ANDREW MCKEAN  |  MONDAY, 13 NOV 2023
BlackRock submitted a filing in Delaware to establish an iShares Ethereum Trust last week, while NASDAQ has proposed to list and trade its shares. In June, the $9 trillion asset manager similarly registered a Bitcoin trust, which was closely followed ...

Adviser levy discount amounts to $8m saving

KARREN VERGARA  |  FRIDAY, 10 NOV 2023
Financial advisers are set to pay $400 less in the ASIC funding levy, saving the industry $8 million in total, according to new estimates from the Financial Advice Association Australia (FAAA). Based on two legislative instruments dated November 3 ...

Challenger duo joins Allianz Retire+

JAMIE WILLIAMSON  |  THURSDAY, 9 NOV 2023
Allianz Retire+ has appointed two Challenger executives to the newly created role of head of group retirement solutions, client delivery. Catherine van der Veen and Lucy Foster will share the position, managing client relationships, onboarding key partners ...

Magellan downplays collapse, open to takeover

KARREN VERGARA  |  WEDNESDAY, 8 NOV 2023
... committee. Many shareholders expressed concerns about how Magellan can restore its reputation. Formica said that "restoring trust in Magellan is a top priority and we understand that this is crucial for our long-term success and our reputation in the ...

Invesco hires from Northern Trust

JAMIE WILLIAMSON  |  WEDNESDAY, 8 NOV 2023
... local arm has appointed a director - factor investing and multi-asset strategies, nabbing a regional lead from Northern Trust Asset Management. From next week, Scott Bennett will join Invesco Australia in the role, leaving behind the role of head of ...