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

Search Results

Showing 1721 - 1730 of 6264 results for "DET"

UK pension fund fossil fuel investments laid bare

JAMIE WILLIAMSON  |  THURSDAY, 25 FEB 2021
Despite more than 75% of the UK's local councils declaring a climate emergency, their pension funds are still pouring billions into fossil fuels the world over. A new report from campaigners Platform, Friends of the Earth (England, Wales and Northern ...

ASIC extends olive branch to inside traders

KANIKA SOOD  |  WEDNESDAY, 24 FEB 2021
ASIC is encouraging people to dob in others who worked with them on market manipulation, insider trading or dishonest conduct in financial services - in exchange for immunity. ASIC says it can offer such individuals immunity from civil proceedings ...

Actuaries Institute names new president

KARREN VERGARA  |  WEDNESDAY, 24 FEB 2021
The Actuaries Institute has named a partner at KPMG as its new president. Jefferson Gibbs takes over from Hoa Bui, who was appointed to the post in January 2020. Gibbs is a partner at KPMG specialising in general insurance. He joined the firm in October ...

Vanguard to launch retirement income tool

ELIZA BAVIN  |  TUESDAY, 23 FEB 2021
Vanguard has announced it is launching the Vanguard Retirement Income Builder tool for financial advisers. Vanguard Australia head of intermediary Rebecca Pope announced the upcoming launch of the Vanguard Retirement Income Builder at Vanguard's recent ...

ATO targets SMSF fraud

ANNABELLE DICKSON  |  MONDAY, 22 FEB 2021
The Australian Taxation Office (ATO) is focusing attention on new SMSFs registrations after identifying illegal release of super. Speaking at the SMSFA National Conference assistant commissioner Justin Micale said results of its 'secure front door program' ...

Mainstream to pay $5.1m settlement

KARREN VERGARA  |  FRIDAY, 19 FEB 2021
Mainstream BPO is due to pay $5.1 million as part of a confidential settlement agreement affecting its US hedge fund administration subsidiary. The ASX-listed firm said it agreed to pay US$3.95 million to a US District Court-appointed receiver of a ...

Chief economist update: Australia's not jobless recovery

BENJAMIN ONG  |  FRIDAY, 19 FEB 2021
It's only been only two weeks since the Reserve Bank of Australia (RBA) provided a more optimistic assessment of and outlook for the domestic labour market. In its February 2021 'Statement on Monetary Policy' (SoMP), the RBA declared that ...

AFCA chair under fire

ELIZABETH MCARTHUR  |  THURSDAY, 18 FEB 2021
The woes of Crown Resorts seem far from over, and now scrutiny has turned to executive chair Helen Coonan - with some suggesting she should resign from AFCA before her term as chair ends in May. Today Crown announced that Coonan will be paid an extra ...

Limited advice overdue for disruption

KARREN VERGARA  |  THURSDAY, 18 FEB 2021
There are clear opportunities to disrupt intra-fund and general advice that the industry is overlooking, shunning everyday Australians that need it most, according to superannuation experts. As the number of financial advisers continue to dwindle and ...

Continuous disclosure laws to stay

KARREN VERGARA  |  WEDNESDAY, 17 FEB 2021
Treasurer Josh Frydenberg flagged that the temporary disclosure laws for public companies relaxed at the height of the coronavirus crisis will be made permanent. In May 2020, the government announced the temporary measures, modifying provisions under ...