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

Search Results

Showing 1941 - 1950 of 34291 results for "Financial"

BUSSQ handed stricter licence conditions by APRA amid appeal

ANDREW MCKEAN  |  THURSDAY, 20 FEB 2025
... August 2024 but were on hold while BUSSQ challenged the move. The regulator said super fund trustees must act in the best financial interests of members and have robust processes to assess the fitness and propriety of their directors. It added that the ...

Schroders launches new active ETFs

JAMIE WILLIAMSON  |  THURSDAY, 20 FEB 2025
... that have strong growth prospects yet to be recognised by the market." Meantime, HIGH invests in domestic corporate and financial credit across sectors, issuers, maturity, ratings grade and capital structure dimensions, including subordinated debt. It ...

Insignia Financial improves losses amid takeover

JAMIE WILLIAMSON  |  THURSDAY, 20 FEB 2025
Insignia Financial reported a statutory net loss of $17 million in the first half amid its ongoing takeover discussions. The loss is an improvement on the prior corresponding period when it reported a statutory net loss of $50 million. Its underlying ...

Convicted adviser fails to appeal prison sentence

MATTHEW WAI  |  THURSDAY, 20 FEB 2025
Former Melbourne financial adviser Bradley Grimm will continue to serve his sentence after failing to have his dishonesty conviction and prison term overturned. Grimm pleaded guilty to three counts of engaging in dishonest conduct whilst running a financial ...

Life insurers enhance domestic violence response

MATTHEW WAI  |  THURSDAY, 20 FEB 2025
... The detailed framework will help Australian life insurers identify family and domestic violence situations, such as financial abuse, and respond "sensitively" to their customers' needs, as well as fostering trust and avoid re-traumatisation through the ...

ASIC proposes further breach reporting relief

ANDREW MCKEAN  |  WEDNESDAY, 19 FEB 2025
ASIC is proposing additional relief for financial services businesses, which would scrap the need to report minor or technical breaches that don't result in a financial loss. The relief is intended to ease the compliance load on financial services ...

Macquarie AM expands $300m active ETF platform

MATTHEW WAI  |  WEDNESDAY, 19 FEB 2025
... subordinated bonds in the Australian market and will specifically target those issued by Australian major banks and other financial institutions to provide an alternative solution. MAM chief investment officer and global head of fixed income Brett Lewthwaite ...

Gen X remains the largest cohort in SMSF establishments: Class

MATTHEW WAI  |  WEDNESDAY, 19 FEB 2025
... from the Class Benchmark Report has indicated that 70% of SMSFs are unadvised as the gap between supply and demand for financial advice continues to grow. "We also know the number of trustees accessing financial advice has stayed relatively stable over ...

Global tariffs to spike under Trump: Economist

KARREN VERGARA  |  WEDNESDAY, 19 FEB 2025
... the turn of the century and result in higher inflation and interest rates, according to a top economist. Speaking at Financial Standard's Chief Economists Forum yesterday, Barrenjoey chief economist Jo Masters put US President Donald Trump's ...

HUB24 engulfs ClearView's remaining superannuation business

KARREN VERGARA  |  WEDNESDAY, 19 FEB 2025
... bring $1.3 billion in FUA via a successor fund transfer (SFT) that is due to finalise in the second half of the 2025 financial year. The transaction is subject to client retention and market movements, HUB24 said, noting that if it goes ahead clients ...