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

Search Results

Showing 151 - 160 of 3213 results for "October 2011"

BT upgrades platform functionality

KARREN VERGARA  |  WEDNESDAY, 31 MAY 2023
BT is updating features of its Panorama platform that include improvements to reporting and document-tracking features. The reporting feature introduced last October 2022 will now allow financial advisers generate the same set of reports for potentially ...

Lazard implements new leadership

CHLOE WALKER  |  MONDAY, 29 MAY 2023
Lazard has promoted current chief executive of financial advisory Peter R. Orszag to the role of chief executive, while former chief executive and chair Kenneth M. Jacobs will step into the role of executive chair of the board. Orszag has served as ...

Mercer Super to take on corporate fund

JAMIE WILLIAMSON  |  THURSDAY, 25 MAY 2023
Mercer Super is set to add several hundred million in funds under management by way of another merger, this time with a Melbourne-based corporate superannuation fund. Mercer has confirmed it is undertaking a successor fund transfer with the Holden Employees ...

Treasury consults on giving AFCA more super powers

JAMIE WILLIAMSON  |  TUESDAY, 23 MAY 2023
Treasury is consulting on whether the Australian Financial Complaints Authority (AFCA) should have its remit expanded to deal with more complaints related to superannuation, following the Federal Court's MetLife decision. As it stands, under Part 7.10A ...

Investment fraud accomplice charged

CASSANDRA BALDINI  |  MONDAY, 22 MAY 2023
The executive assistant of former Perth unlicensed investment scheme boss Chris Marco has been charged with 34 counts of enabling or aiding fraud. Linda Marissen appeared in the Perth Magistrates Court after it was alleged that she helped Marco defraud ...

Poor policy administration sees MLC Life pay $22m

JAMIE WILLIAMSON  |  FRIDAY, 19 MAY 2023
MLC Life will pay $10 million, in addition to $12 million in remediation, for failing to pay promised rehabilitation benefits. The life insurer was penalised by the Federal Court after it was found guilty of several breaches of the ASIC Act, the Corporations ...

Fitch gives Labor budget AAA rating

CASSANDRA BALDINI  |  WEDNESDAY, 17 MAY 2023
For the first time under a Labor government, Fitch has handed down a AAA rating to the May budget. In a statement, Fitch applauded the government for its spending restraint and said the nation's public finances had outperformed expectations. "The commitment ...

PensionDanmark selects future chief executive

JAMIE WILLIAMSON  |  TUESDAY, 16 MAY 2023
PensionDanmark appointed Peter Stensgaard Mørch as its new chief executive, to take over after having served a year as deputy chief executive. It was recently announced that Torben Möger Pedersen, the long-serving chief executive of the pension fund ...

Class action commenced against IG Markets

JAMIE WILLIAMSON  |  THURSDAY, 11 MAY 2023
Piper Alderman and Omni Bridgeway have filed their class action against IG Markets, representing investors that lost hundreds of millions trading contracts for difference (CFDs). In October 2022, the two firms said they were planning an action against ...

What you need to know about the 2023-24 budget

KARREN VERGARA  |  TUESDAY, 9 MAY 2023
Cost of living pressures and the transition to clean energy took centre stage on federal budget night as the Labor Party unveiled a package of measures in response to mounting economic uncertainties. Federal treasurer Jim Chalmers delivered the 2023-24 ...