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

Search Results

Showing 1711 - 1720 of 33578 results for "Over"

Touchstone closes flagship fund

KARREN VERGARA  |  TUESDAY, 3 JUN 2025
... in operation since 4 April 2016. The fund aimed to outperform the return of the S&P/ASX 300 Accumulation Index by 2% p.a. over a rolling five-year period, investing in 15 to 25 securities. It required an initial investment minimum of $25,000. According ...

LGT Crestone, AUSIEX acquisitions finalised

KARREN VERGARA  |  TUESDAY, 3 JUN 2025
... private wealth business has completed. AUSIEX, which is a subsidiary of Nomura Research Institute (NRI), has now expanded into over the counter (OTC) domestic and international fixed income products with the acquisition of FIIG. FIIG has more than $5 ...

Minimum wage to rise 3.5%

JAMIE WILLIAMSON  |  TUESDAY, 3 JUN 2025
... retail, arts, administration, recreation and healthcare sectors. "The continuation of this inflationary episode has meant that, over the last three Annual Wage Review decisions, the Fair Work Commission has repeatedly deferred taking any action to reverse ...

Perpetual promotes two to strengthen fixed income team

MATTHEW WAI  |  TUESDAY, 3 JUN 2025
... named a new head of credit and fixed income, and a deputy portfolio manager of its flagship trust. Vivek Prabhu has taken over the reins as head of credit and fixed income, extending his 20-year tenure at the organisation. The announcement follows the ...

Retirement confidence highest since 2020: SSGA

MATTHEW WAI  |  TUESDAY, 3 JUN 2025
... a silver bullet. "There are still 28% of Australian respondents expecting to partially retire and continue working, while over 10% cannot envision ever being financially secure enough to afford retirement," Shead stressed. "Australians identified inflation ...

Superhero plans 'mass affluent' wealth play

JAMIE WILLIAMSON  |  MONDAY, 2 JUN 2025
Superhero has welcomed its first chief investment officer, as it targets Australians seeking sophisticated solutions without the need for advice. Superhero said it is looking to "evolve beyond traditional sharetrading to offer sophisticated portfolio ...

Dai-ichi Life acquires 15% of M&G

JAMIE WILLIAMSON  |  MONDAY, 2 JUN 2025
... partnership, which is expected to produce at least US$6 billion of new business flows for M&G and US$2 billion for Dai-ichi Life over the next five years, M&G will become Dai-ichi Life's preferred asset management partner in Europe. Dai-ichi Life will ...

Soul Patts merges to create new $14bn company

ANDREW MCKEAN  |  MONDAY, 2 JUN 2025
... ways Soul Patts and Brickworks have evolved together and shared in the capital stability provided by our cross-shareholding over the past 56 years," Barlow said. "The cross-shareholding served an important purpose over the years by achieving diversification ...

AMP launches superannuation feature to boost retirement income

ANDREW MCKEAN  |  MONDAY, 2 JUN 2025
AMP has launched AMP Super Lifetime; a superannuation feature it claims could lift members' retirement incomes by over $100,000 in the first decade post-work. AMP Super Lifetime runs automatically in the background of a member's super account, creating ...

Iress completes sale of super business

MATTHEW WAI  |  MONDAY, 2 JUN 2025
... to Apex Group. Apex Group purchased the super business for $40 million cash and additional payments of up to $20 million over 12 months subject to agreed revenue milestones. The terms remain unchanged from the announcement on January 20. Iress will continue ...