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

Search Results

Showing 161 - 170 of 3762 results for "April"

Iress expands superannuation leadership

CHLOE WALKER  |  MONDAY, 10 JUL 2023
... Marcus Price detailing a product-led growth strategy at the company's AGM in May. It also follows a major restructure in April aimed at enhancing the group's focus on financial advice, trading and market data, and superannuation. Since, Iress rolled ...

Selfwealth chief in sudden exit

KARREN VERGARA  |  FRIDAY, 7 JUL 2023
... platform Selfwealth has left the ASX-listed firm with "immediate effect". Cath Whitaker vacated the top job she assumed in April 2021. Paul Cullinan, currently the interim chief financial officer, will assume the role of acting chief executive. Newly ...

Magellan's FUM falls again

CHLOE WALKER  |  THURSDAY, 6 JUL 2023
... performance fee update for next month. According to Rainmaker research, the fund manager bled $6 billion in the year to March. In April, it lost another $2.2 billion, and in May a further $0.5 billion. Magellan's troubles began in late 2021 when ...

Cbus informs members of premium changes

JAMIE WILLIAMSON  |  TUESDAY, 4 JUL 2023
... increasing most insurance premiums in July last year. It also increased premiums for some of its members in October 2021 and in April 2020. The 2020 increases were the result of Cbus moving to age-based premiums. Cbus noted that 97.6% of all claims made ...

Inflation drops to 5.6%

CASSANDRA BALDINI  |  THURSDAY, 29 JUN 2023
... Australian Bureau of Statistics (ABS), came as a pleasant surprise following consistently high inflation figures since last April. Excluding volatile items like fruit and vegetables, automotive fuel, and holiday travel, the ABS said the decline in inflation ...

ASX provides clarity on CHESS replacement

CHLOE WALKER  |  THURSDAY, 29 JUN 2023
... solution, and iterate over legacy CHESS. In exploring a product-based solution, a request for information (RFI) was issued in April, it stated. "Based on responses to the RFI, a process has been undertaken to down-select to a shorter list of product ...

Adviser levy tripled, labelled "deeply unfair"

JAMIE WILLIAMSON  |  THURSDAY, 29 JUN 2023
... tiny fraction of these costs being recovered," Abood said. "For example, ASIC was successful in court against Westpac in April 2022, with $113 million in penalties being awarded in this single case (which included advice related matters). What has happened ...

Dealer group adopts profit-for-purpose model

CHLOE WALKER  |  THURSDAY, 29 JUN 2023
... financial services industry to unite and consider both its individual and collective contributions to the common good." In April, Spark Financial Group launched a digital investing solution in conjunction with OpenInvest. At the time, Spark Financial ...

Asset managers ride the storm: Research

CHLOE WALKER  |  WEDNESDAY, 28 JUN 2023
... partnership with Northern Trust, interviewed 151 senior asset management professionals across the globe between February and April. Collectively, 82% of respondents said that the volatility experienced over the past 12-18 months has not led to a significant ...

FSCP hands down second order, audits adviser

KARREN VERGARA  |  WEDNESDAY, 28 JUN 2023
... written direction also forces an audit of 10 past SoAs that the adviser provided to clients between 1 February 2023 and 30 April 2023. "The relevant provider is required to provide the independent person's findings as a result of their audits to ...