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

Search Results

Showing 2171 - 2180 of 7725 results for "Currently"

Ironbark signs on Canadian manager

KANIKA SOOD  |  MONDAY, 24 MAY 2021
... Infrastructure, and of Macquarie Essential Assets Partnership. The EagleCrest Infrastructure is the firm's flagship fund, and is currently invested in 41 assets across energy, utilities, telecommunications, transportation, and public-private partnerships. ...

Industry fund ups admin fees

KARREN VERGARA  |  MONDAY, 24 MAY 2021
... will introduce short-dated annuities in the hope of achieving potential higher returns for members. The cash option currently invests in a mix of short-term money-market securities that include call and term deposits, bank bills, negotiable certificates ...

Actuaries Institute unveils IDII recommendations

KARREN VERGARA  |  MONDAY, 24 MAY 2021
... Institute has released sweeping recommendations to help fix the individual disability income insurance (IDII) sector that is currently at "risk of failure". The final recommendations follow a 12 month-review, led by an appointed Actuaries Institute taskforce ...

Pension fund appoints chief executive

JAMIE WILLIAMSON  |  THURSDAY, 20 MAY 2021
... executive of the California State Teachers' Retirement System (CalSTRS). She has been with the fund since 2008, and currently serves as chief operating officer. Commencing in the role on July 1, Lichnock is the first woman to hold the position. The fund ...

State Street scores ETF servicing mandate

ANNABELLE DICKSON  |  THURSDAY, 20 MAY 2021
... with State Street in the delivery of our active ETF." State Street has been servicing ETFs for nearly 30 years and is currently servicing around 60% of ETF assets globally. "State Street continues to pave the way for active managers to participate in ...

Long way for super complaints overhaul

KANIKA SOOD  |  THURSDAY, 20 MAY 2021
... a review of their outsourcing arrangements. ASIC also highlighted that over a third of trustees said they don't currently handle objections to a death benefit distribution decision as a complaint. "ASIC plans to undertake work to check on the implementation ...

Super funds under $30bn should merge: APRA

KANIKA SOOD  |  WEDNESDAY, 19 MAY 2021
... view that funds under $30 billion in assets should merge. Rowell said APRA was aware of about 12 super fund mergers currently underway. "The emerging industry view seems to be that any fund with less than around [$]30 billion in assets under management ...

Australian Unity to acquire aged care facility provider

KARREN VERGARA  |  WEDNESDAY, 19 MAY 2021
... village and residential aged care precinct. The purchase will also expand Australian Unity's Queensland presence; it currently acts as the master developer of the Herston Quarter, a healthcare precinct in Brisbane. The firm's executive general manager ...

Apex ups ante on Mainstream bidding war

ANNABELLE DICKSON  |  WEDNESDAY, 19 MAY 2021
... upping its prior bid by 10 cents and bidding 9 cents more than SS&C's recent offer. Mainstream's board said it is currently reviewing Apex's revised proposal and will update the market. The offer follows Apex making a superior offer to SS&C's ...

Budget no cure for hangover from last one

ELIZABETH MCARTHUR  |  WEDNESDAY, 19 MAY 2021
... offset, nothing to address the COVID-19 super gap, the gender super gap or the concerns of older, single women who are currently retiring into poverty. "You get super paid when you're on paid annual leave, why not when you're on parental leave?" ...