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

Search Results

Showing 191 - 200 of 6242 results for "December 2005"

APRA tackles 'weak demand' for longevity products in second consultation

KARREN VERGARA  |  WEDNESDAY, 29 OCT 2025
APRA has launched a second round of consultations on the capital framework for longevity products in a bid to tackle the "weak demand" for such products including annuities. The prudential regulator has released several proposals in the next stage of ...

Court blocks Merhi from financial services

KARREN VERGARA  |  TUESDAY, 28 OCT 2025
Venture Egg financial adviser Ferras Merhi has been banned from working in financial services after ASIC successfully obtained interim restraining orders from the Federal Court. Yesterday, Justice Moshinsky restrained Merhi "through his servants, agents ...

CSC enters partnership with GPT with $860m sale

ELIZA BAVIN  |  FRIDAY, 24 OCT 2025
Commonwealth Superannuation Corporation (CSC) has sold a 50% stake in a Sydney premium-grade office tower to GPT Group for $860 million. The two entities have now also established a new office partnership, and upon completion of the investment, GPT ...

Local PGIM manager exits

ELIZABETH FRY  |  THURSDAY, 23 OCT 2025
A PGIM senior manager has left the company following a global restructure aimed at simplifying its reporting structure. Hayley Douglas has finished up as a senior manager in PGIM's Sydney-based institutional relationship group, a position she held ...

Equip Super searches for new chief executive

JAMIE WILLIAMSON  |  THURSDAY, 23 OCT 2025
The industry super fund is on the lookout for a new chief executive following the resignation of Scott Cameron. Cameron has led Equip Super for six years, taking over when Equip entered a joint venture with Catholic Super to operate under the Togethr ...

Feature: Retirement | Rewarding risk

LACHLAN COLQUHOUN  |  WEDNESDAY, 22 OCT 2025
Ben Hillier's 83-year-old mother recently went on her fourth overseas holiday this year. It was, says Hillier, at his insistence. A few years ago, his mother was convinced she wouldn't be able to travel anymore. She couldn't afford to do ...

First Guardian shaves $286m off Praemium FUA

MATTHEW WAI  |  TUESDAY, 21 OCT 2025
Praemium has calculated the impact of its exposure to the First Guardian collapse, reducing its total funds under administration (FUA) by close to $300 million. Praemium reduced its FUA by $286 million in relation to First Guardian holdings in the September ...

Public feedback welcomed for Life Code improvements

MATTHEW WAI  |  MONDAY, 20 OCT 2025
The independent review of the Life Insurance Code of Practice (Life Code) has released a consultation paper, setting out key questions to stakeholders and the public on how the Life Code can improve consumer benefits and insurers' conduct. The review ...

Former Statewide Super executives acquitted

JAMIE WILLIAMSON  |  THURSDAY, 16 OCT 2025
Two former Statewide Super executives who were terminated by the fund and then charged with dishonesty offences have been acquitted. In January 2020, Statewide Super terminated its chief risk officer Kieran Netting and chief financial and operating ...

APRA lifts final Westpac capital add-on

KARREN VERGARA  |  WEDNESDAY, 15 OCT 2025
APRA has lifted Westpac's remaining $500 million capital add-on after the bank completed its multi-year risk transformation program spurred by several breaches and misconduct. APRA slapped the first $500 million capital add-on in July 2019 as a ...