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

Search Results

Showing 1831 - 1840 of 14210 results for "Interest"

Diverger acquires majority interest in private wealth firm

CASSANDRA BALDINI  |  MONDAY, 3 JUL 2023
... said. This transaction follows Diverger's first transitional equity investment in 2022 when it acquired a 35% equity interest in McGregor Wealth Management. "There are a lot of single shareholder practices in the $1-3 million range with significant growth ...

Cbus delivers strong returns, grapples property headwinds

ANDREW MCKEAN  |  FRIDAY, 30 JUN 2023
... the result is shaping up to be a very good absolute return, particularly in an environment of high inflation, rising interest rates, the Russia-Ukraine War, and issues in the US regional banking system," he said. Chatfield emphasised that Cbus would ...

RIAA chief executive to exit

ROSE MARY PETRASS  |  FRIDAY, 30 JUN 2023
... took the position in February 2013, leaving environmental non-profit the Australian Conservation Foundation and public interest economic consultancy Economists at Large. O'Connor cited personal reasons for his departure from RIAA. He plans to take ...

HESTA dumps Link as administrator

JAMIE WILLIAMSON  |  FRIDAY, 30 JUN 2023
... group revenue for FY23. Link reaffirmed its FY23 guidance, adding that it now expects FY23 operating earnings before interest and taxes growth to be slightly higher than the 10-12% guidance range provided.

Inflation drops to 5.6%

CASSANDRA BALDINI  |  THURSDAY, 29 JUN 2023
The Consumer Price Index (CPI) has fallen to 5.6%, fueling hopes the Reserve Bank of Australia (RBA) will pause interest rate hikes next week. The latest CPI numbers, released yesterday by the Australian Bureau of Statistics (ABS), came as a pleasant ...

Trustees must do better on account consolidation: ASIC

JAMIE WILLIAMSON  |  THURSDAY, 29 JUN 2023
... process monthly, or moving to do so, with three more undertaking it at least quarterly, the regulator said. Looking at best interest assessments, eight of the nine trustees undertook some form of assessment across one or more of their funds. One of them ...

AustralianSuper names deputy chief investment officer

ANDREW MCKEAN  |  WEDNESDAY, 28 JUN 2023
... investment platform and now is an opportune time to improve global coordination. "AustralianSuper has generated a lot of interest since becoming the first Australian superannuation fund to open global offices and the fund continues to look for the best ...

Asset managers ride the storm: Research

CHLOE WALKER  |  WEDNESDAY, 28 JUN 2023
While recent volatility has undoubtedly rattled the investment management landscape, it hasn't deterred asset managers from their future plans, according to a recent global study. The study, conducted by Coalition Greenwich in partnership with Northern ...

FSCP hands down second order, audits adviser

KARREN VERGARA  |  WEDNESDAY, 28 JUN 2023
The Financial Services and Credit Panel has ordered an audit of a financial adviser who carelessly recommended a client switch superannuation funds. Releasing its second determination since it launched, the FSCP said the unnamed adviser, only referred ...

BUSSQ dumps fixed interest, shares options

JAMIE WILLIAMSON  |  WEDNESDAY, 28 JUN 2023
... BUSSQ opted to close two of its options last month. The $6 billion industry super fund has closed its Diversified Fixed Interest and All Shares investment options, citing lack of member demand. According to Rainmaker Information, the BUSSQ Diversified ...