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

Search Results

Showing 2071 - 2080 of 5458 results for "Dom"

Banks must overhaul product-based incentives

KARREN VERGARA  |  WEDNESDAY, 19 APR 2017
Retail banking practices don't carry "significant systemic risks" that deliver poor customer outcomes, an independent review has found. Some current practices however, are promoting unacceptable behaviours inconsistent with good customer outcomes and ...

ClearView slams APL standard

KARREN VERGARA  |  TUESDAY, 18 APR 2017
Listed financial advice firm ClearView criticised the Financial Services Council's life insurance approved product list draft standard as superficial and ineffectual, saying it will only allow sub-par practices to continue. ClearView managing director ...

Lonsec upgrades NovaPort fund

EMMA RAPAPORT  |  TUESDAY, 18 APR 2017
Australian small caps manager NovaPort Capital's microcap equity fund received a ratings upgrade in recognition of the funds' ability to deliver robust long-term returns. During its latest review, Lonsec upgraded the microcap fund from 'recommended' ...

First State Super wins government lease

KARREN VERGARA  |  THURSDAY, 13 APR 2017
First State Super and Hastings Funds Management have won the bid to run New South Wales' land registry services, allowing the state to invest $2.6 billion in proceeds to infrastructure projects. NSW Premier Gladys Berejiklian and Treasurer Dominic Perrottet ...

Sovereign wealth fund growth steady

JAMIE WILLIAMSON  |  THURSDAY, 13 APR 2017
The total assets under management held in sovereign wealth funds globally levelled over the past two years, seeing growth of 1% between March 2016 and March 2017. The 2017 Preqin Sovereign Wealth Fund Review found assets grew to US$6.59 trillion from ...

Workplace default funds deliver strong returns

EMMA RAPAPORT  |  TUESDAY, 11 APR 2017
More than 75% of workplace default superannuation options achieved annual returns over 10% for the year ending February 2017, with 40% achieving annual returns over 12%, latest Rainmaker research shows. The researcher found that February marked the ...

ANZ launches global technology ETF

EMMA RAPAPORT  |  TUESDAY, 11 APR 2017
ANZ ETFS is providing investors access to the world's top technology stocks in one trade with the launch of a global technology exchange traded fund. The ANZ ETFS Morningstar Global Technology ETF will track the Morningstar Developed Markets Technology ...

Morningstar downgrades Franklin Templeton parent rating

ALEX BURKE  |  MONDAY, 10 APR 2017
Morningstar has downgraded its parent pillar assessment for Franklin Templeton US funds from positive to neutral following concerns about "massive outflows" and an "investment culture given to complacency," according to senior analyst Alec Lucas. The ...

AZ NGA firm procures consultant

JAMIE WILLIAMSON  |  MONDAY, 10 APR 2017
AZ Next Generation Advisory subsidiary Wise Planners acquired the corporate superannuation consulting business of a North Sydney-based financial advisory firm. The purchase of Northbridge Financial Consulting from Northbridge Financial Solutions brings ...

Coles sheds life insurance offering

JAMIE WILLIAMSON  |  MONDAY, 10 APR 2017
Supermarket giant Coles quietly exited the life insurance industry less than three years after launching a directly distributed offer. As of 1 January 2017, Coles Life Insurance policy holders became customers of MetLife - the insurer whose MetLife ...