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

Search Results

Showing 2011 - 2020 of 10303 results for "STI"

Pendal group chief executive to step down

KANIKA SOOD  |  TUESDAY, 16 MAR 2021
... over five years), and long term incentives grant of up to $750,000 (as performance share rights to PDL shares). Both LTI and STI are at the board's discretion and subject to meeting performance hurdles. STI annual target is $950,000 or half of the maximum ...

Banks still failing customers after Royal Commission

ELIZA BAVIN  |  TUESDAY, 16 MAR 2021
A review of Australian Financial Complaints Authority (AFCA) complaints data shows over 31,000 complaints have been made in the wake of the Royal Commission, according to CHOICE. Complaints around credit products revealed many customers have still been ...

Economic recovery has been stronger than expected: Lowe

ELIZA BAVIN  |  MONDAY, 15 MAR 2021
Australia's economic recovery has been quicker and stronger than expected, according to Reserve Bank of Australia (RBA) governor Philip Lowe. Speaking at the Melbourne Business Analytics conference, Lowe stated that while there are still challenges ...

Chief economist update: Japan to double down on stimulus?

BENJAMIN ONG  |  MONDAY, 15 MAR 2021
It won't be long now until cherry blossoms start blooming in Japan. But just like these blossoms' short-lived wonder, the Land of the Rising Sun's economic recovery through various crises going back to the late 1980s-early 1990s proved to ...

APRA closes Westpac probe

ELIZA BAVIN  |  FRIDAY, 12 MAR 2021
APRA has closed its investigation into possible breaches of the Banking Act 1959, including the Banking Executive Accountability Regime (BEAR), by Westpac. APRA launched the investigation into Westpac last year following allegations by AUSTRAC that ...

GROW Super rebrands

KARREN VERGARA  |  THURSDAY, 11 MAR 2021
GROW Super has rebranded to GROW Inc in a bid to diversify away from its superannuation offering. GROW Inc offers business and data intelligence software to growing companies, underpinned by distributed ledger technology. GROW, for example, integrates ...

Women boost SMSF balances

ANNABELLE DICKSON  |  WEDNESDAY, 10 MAR 2021
The average SMSF member balance for women has increased more than it has for men over a five-year period to the 2018/19 financial year, new data shows. The Australian Taxation Office's (ATO) annual statistical overview on SMSFs showed the average female ...

Citi moves to double wealth business revenues

ELIZA BAVIN  |  WEDNESDAY, 10 MAR 2021
Citi Australia has opened a wealth hub in Sydney to cater to a larger high-net-worth client base. Citi said the move will support its goal to double the revenue of its wealth management business over the next three years. The new wealth hub is in Citi's ...

Challenger names new head of life unit

KARREN VERGARA  |  WEDNESDAY, 10 MAR 2021
Challenger has named a new chief executive for its life business to replace Chris Plater who left the role at the end of 2020. Angela Murphy is the new chief executive of life, vacating her current role of chief executive of distribution, product and ...

No more easy 6% returns: Fidelity

ELIZABETH MCARTHUR  |  WEDNESDAY, 10 MAR 2021
Despite the fairly sunny economic outlook, lower investment returns are a reality that institutional investors will have to grapple with, according to Fidelity International. Fidelity International cross asset investment specialist Anthony Doyle said ...