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

Search Results

Showing 1761 - 1770 of 4414 results for "Ele"

Royal Commission latest: CBA doing more with fewer advisers

KARREN VERGARA  |  WEDNESDAY, 18 APR 2018
It took Commonwealth Bank two years to notify ASIC its financial advisers were failing to meet ongoing service obligations - all during a time when it slashed adviser numbers and doubled its client base. This is according to CBA executive general manager ...

Beer tap runs dry for $2 billion manager

KANIKA SOOD  |  WEDNESDAY, 18 APR 2018
A $2 billion manager - which at one point had 22% of its total equities portfolio invested in beer stocks - sold off the last of its positions in the brewing industry as it sees valuations peaking. Brewing company valuations shot up as a wave of consolidations ...

Robo-advice on the rise but no replacement

JAMIE WILLIAMSON, KARREN VERGARA  |  WEDNESDAY, 18 APR 2018
Robo-advice presents opportunities for increasing consumer accessibility to financial advice, but Investment Trends data and adviser insight suggests it will never be a panacea. Latest Investment Trends research shows adoption of robo-advice in Australia ...

Chief economist update: Back to the shops

BENJAMIN ONG  |  TUESDAY, 17 APR 2018
The US consumer is back...and with a vengeance. Retail sales rebounded by a higher than expected 0.6% in the month of March following three consecutive months of declines - 0.1% in December, -0.2% in January, -0.1% in February - that took the annual ...

Tradies test predictive underwriting

KARREN VERGARA  |  FRIDAY, 13 APR 2018
ANZ Wealth's new artificial intelligence-powered underwriting capability has completed a successful test phase with a group of tradespeople. From next week plumbers, carpenters, electricians and builders aged between 20 and 40-years-old can access the ...

SG non-compliance declining: ATO

KARREN VERGARA  |  FRIDAY, 13 APR 2018
Most employers and super funds are complying with superannuation guarantee (SG) obligations, but latest ATO data shows there are still some breaching SuperStream standards. Over 2016-17, SuperStream processed 135 million contributions - about five million ...

IFM partners to slash carbon emissions in $12bn fund

ALEX BURKE  |  THURSDAY, 12 APR 2018
IFM Investors, the $100 billion super fund investment consortium, is partnering to cut carbon emissions for Australia's largest infrastructure fund. Partnering with the Clean Energy Finance Corporation (CEFC), IFM will work to reduce emissions for the ...

AIST president and board director switch seats

KANIKA SOOD  |  THURSDAY, 12 APR 2018
Australian Institute of Superannuation Trustees president David Smith is leaving his post after a two-year term and a board director has climbed up to the fill the presidency. Catherine Bolger will be AIST's new president. She has been a board director ...

RARE wins mandate from $182bn US manager

ALEX BURKE  |  WEDNESDAY, 11 APR 2018
RARE Infrastructure was awarded an infrastructure income mandate by a US-based global multi-manager which oversees more than $182 billion in funds. Principal Funds chose RARE's infrastructure income strategy for part of its $5 billion Diversified Real ...

New super fund joins forces with GBST

ALEX BURKE  |  THURSDAY, 5 APR 2018
GBST is partnering with a start-up online super fund to provide a digital on-boarding service for prospective members. Superestate, which launched in March by Olympic medalist Grant Brits and is issued by Tidswell Financial Services, is designed to ...