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Showing 2131 - 2140 of 10704 results for "May 2012"

Broken advice industry shuns everyday Aussies: AFA

KARREN VERGARA, ANNABELLE DICKSON  |  THURSDAY, 29 JUL 2021
The alarming rate that financial advice is increasingly becoming unaffordable for everyday Australians further cements the position of the rich and powerful, an inquiry heard this morning. The Association of Financial Advisers president Michael Nowak ...

IOOF buys $68m retail property

KANIKA SOOD  |  WEDNESDAY, 28 JUL 2021
IOOF has added a $68 million Sydney retail property to its unlisted property portfolio. Great Western Centre is located in Minchinbury in western Sydney and in close proximity to Parramatta. It is also close to Bradfield where the new Western Sydney ...

Super fund chair outlines future strategy

JAMIE WILLIAMSON  |  TUESDAY, 27 JUL 2021
Catholic Super and Equipsuper's Danny Casey has told Financial Standard of the funds' increased commitment to ESG and plans to double membership, as he settles into the role of chair. Speaking with Financial Standard just weeks after taking ...

Maths an unpopular subject with high schoolers

KANIKA SOOD  |  MONDAY, 26 JUL 2021
Only 30% of Australian year 12 students study maths at intermediate or high levels, according to the Actuaries Institute. It found a quarter of them are not studying any maths at all. About 7% of female students and 12% of male students study advanced ...

FIRB updates guidance

ELIZABETH MCARTHUR  |  MONDAY, 26 JUL 2021
Treasury and the Foreign Investment Review Board (FIRB) have released new guidance that will impact all foreign private capital investments in Australia. The guidance is mainly in respect to exemption certificates. It confirms that the exemption certificate ...

BTFM, Asgard Capital fined $3m

KARREN VERGARA  |  MONDAY, 26 JUL 2021
The Federal Court will force BT Funds Management and Asgard Capital Management to pay $1.5 million each for charging fees for no service and making misleading statements. Between September 2014 and August 2017, the court found that the companies harmed ...

Pendal open to more acquisitions

KANIKA SOOD  |  FRIDAY, 23 JUL 2021
Pendal chief executive Nick Good says the firm is not ruling out future acquisitions, as it finalises its $414 million purchase of US value-oriented manager Thompson, Siegel and Walmsley. Pendal announced the 100% acquisition in May, paying about $414 ...

Get your ducks in a row before you think of an IPO

KANIKA SOOD  |  THURSDAY, 22 JUL 2021
For small financial firms looking to list on the ASX, ongoing regulatory action may be a deal breaker to going public, according to HLB Mann Judd partner Marcus Ohm. Ohm says an undertaking with APRA or ASIC can preclude a wealth, funds management or ...

ASIC consults on anti-hawking rules

KANIKA SOOD  |  THURSDAY, 22 JUL 2021
The corporate regulator has opened consultation for the proposed ban to hawking of financial products. Anti-hawking reforms are slated for an October 5 start. They are a part of the government's response to the Hayne Royal Commission, which said hawking ...

Advisers overlook home equity release strategies

KARREN VERGARA  |  THURSDAY, 22 JUL 2021
Financial advisers are shunning home equity release or reverse mortgage strategies that could potentially benefit retiree clients, according to new research. Regtech Fourth Line and retiree financial services provider Pension Boost looked at the Statement ...