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

Search Results

Showing 151 - 160 of 315 results for "S Scheme"

Baby boomers receive $259 million, pension work bonus lifted

KANIKA SOOD  |  TUESDAY, 8 MAY 2018
Working baby boomers who also receive age pensions will now be able to earn up to $300 a fortnight before the Government starts to trim their pension payments. The 2018 Budget initiative formed part of Treasurer Scott Morrison's $258.6 million baby ...

Former NAB subsidiary flags merger with Virgin Money

ALEX BURKE  |  TUESDAY, 8 MAY 2018
... CYBG was demerged from NAB in early 2016 after shareholders voted overwhelmingly in favour of a UK exit. At the bank's scheme meeting in Melbourne, NAB chair Ken Henry explained the demerger would be structured with a new holding company, CYBG PLC, taking ...

One third of Aussies struggling financially

HARRISON WORLEY  |  FRIDAY, 20 APR 2018
A study into financial wellbeing of Australians has found that almost a quarter of the population is just getting by, while a further 13% struggle to meet day-to-day financial commitments. The ANZ Financial Wellbeing survey shows more than a third of ...

Potential windfall to be found in super reforms

JAMIE WILLIAMSON  |  THURSDAY, 11 JAN 2018
Financial advisers are reminded of significant benefits offered by incoming superannuation reforms, with clients preparing for retirement or searching for their first home in line for the lion's share. NAB director of SMSF and customer behaviour Gemma ...

Colonial First State awards $168 million mandate

JAMIE WILLIAMSON  |  THURSDAY, 14 DEC 2017
Colonial First State has awarded a $168 million mandate to a global $48 billion manager. UBS Asset Management Australia's property securities team has been selected to manage the mandate. Comprising portfolio manager David Scott and analyst Pat Barrett ...

AFCA, key housing bills passed

EMMA RAPAPORT  |  THURSDAY, 7 DEC 2017
A number of new measures that will dramatically impact the way consumers interact with the financial services industry have cleared both houses of parliament. The Australian Financial Complaints Authority (AFCA), announced in this year's Federal Budget ...

ATO warns SMSFs about risky arrangements

KARREN VERGARA  |  FRIDAY, 17 NOV 2017
The Australian Taxation Office issued a stark warning to self-managed superannuation fund members about entering risky retirement planning arrangements that could potentially be illegal. ATO deputy commissioner James O'Halloran urged SMSF trustees to ...

UBS wins pensions mandate

JAMIE WILLIAMSON  |  FRIDAY, 20 OCT 2017
UBS Asset Management was awarded an $18 billion passive management mandate from a pool of UK local government pension schemes. The Local Government Pension Schemes ACCESS (A Collaboration of Central, Eastern and Southern Shires) pool - the combined ...

Industry body questions AFCA funding model

EMMA RAPAPORT  |  THURSDAY, 28 SEP 2017
Funding of the newly established Australian Financial Complaints Authority must be fairly distributed across the financial services industry to reflect the accountability of each sector. In its submission to the Senate Standing Committee on Economics ...

Iceberg MDAs driving managed account FUM

JAMIE WILLIAMSON  |  TUESDAY, 29 AUG 2017
The amount of money pouring into managed discretionary accounts has seen the total funds under management in managed accounts rise 22.5% in just six months. According to the FUM Census from the Institute of Managed Account Professionals, as at 30 June ...