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

Search Results

Showing 2041 - 2050 of 10551 results for "BEI"

Former ClearView executive in new role

CHLOE WALKER  |  WEDNESDAY, 13 APR 2022
Tony Mantineo has been named as Lifespan's national practice consultant and head of Lifespan Partnership, a broad ranging support service for self-licensees. Melbourne-based Mantineo has a financial services career spanning 30 years, much of which was ...

SEC rules against Amazon pension case

ELIZABETH MCARTHUR  |  TUESDAY, 12 APR 2022
The US Securities and Exchange Commission ruled against Amazon's no-action motion to exclude a shareholder resolution asking the company to prepare a report on how employee retirement savings are invested. The shareholder resolution, brought by activist ...

Cbus, Media Super merger complete

ELIZABETH MCARTHUR  |  MONDAY, 11 APR 2022
Cbus Super and Media Super have merged, following a Successor Fund Transfer on April 9. The merger brings Cbus funds under management to $75 billion, managed on behalf of nearly 850,000 members. Cbus chief executive Justin Arter welcomed new Media Super ...

Parliamentary committee hears KPMG assumed 'conflicting engagements knowingly'

ANDREW MCKEAN  |  MONDAY, 11 APR 2022
A public accountability committee that inquired and reported on the Transport Asset Holding Entity (TAHE) has uncovered several damaging findings, including that KPMG engagements were 'rife with conflict'. The TAHE has been the subject of serious accounting ...

BT Funds Management fined $20m

JAMIE WILLIAMSON  |  FRIDAY, 8 APR 2022
BT Funds Management has been handed a $20 million fine by the Federal Court for continuing to charge commission payments to superannuation members for seven years after they were banned. BT Funds Management charged insurance premiums that included commissions ...

COVID-19 financial advice relief to be repealed

ANDREW MCKEAN  |  FRIDAY, 8 APR 2022
ASIC will allow the COVID-19 advice-related relief instrument to automatically repeal on 15 April 2022. The COVID-19 instrument commenced on 15 April 2021. This was an extension of a raft of relief measures that were initially introduced in April 2020. ...

Cryptocurrency lender Helio charged for false credit licence claims

ANDREW MCKEAN  |  FRIDAY, 8 APR 2022
Melbourne-based cryptocurrency lender Helio Lending has been charged with falsely claiming that it held an Australian credit licence (ACL) when it did not. Helio Lending offered cryptocurrency-backed loans to consumers, using the digital currency as ...

Australians are crypto-curious but not committing

CHLOE WALKER  |  FRIDAY, 8 APR 2022
Despite 2021 being a breakout year for crypto in Australia, the nation still lags the rest of the world when it comes to adoption, according to Gemini's 2022 Global State of Crypto report. Surveying nearly 30,000 adults across 20 countries, Gemini found ...

28% of super products rated AAA

ELIZABETH MCARTHUR  |  THURSDAY, 7 APR 2022
Out of more than 700 superannuation products in Australia, 193 received Rainmaker Information's AAA Quality Rating in 2022. The rating reviews Australian super products, to see if they have passed a range of comprehensive benchmarks and best practice ...

YFYS changed how funds invest: JPMAM

ELIZABETH MCARTHUR  |  WEDNESDAY, 6 APR 2022
A new report from J.P. Morgan Asset Management, based on interviews with super fund chief investment officers, has revealed the far-reaching impact of Your Future, Your Super reforms on super fund investment strategies. Most notably, the reforms seem ...