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

Search Results

Showing 211 - 220 of 314 results for "Merit"

ICAC grills Sinodinos on $20 million inducement

JAMES FERNYHOUGH  |  FRIDAY, 4 APR 2014
Former assistant treasurer Arthur Sinodinos has said it "never occurred" to him to disclose to New South Wales Premier Barry O'Farrell that he stood to earn a $10 to $20 million commission if Australian Water Holdings (AWH) won its bid to participate ...

MLC appoints new GM of advice groups

JAMES FERNYHOUGH  |  MONDAY, 24 MAR 2014
MLC has appointed Ross Barnwell as its new general manager of advice partnerships, replacing Peter Smith. In his new role Barnwell will oversee MLC's aligned advice dealerships, including Apogee, MLC Financial Planning, Godfrey Pembroke, Garvan Financial ...

PC examines Weaven's 'inverted bid' infra model

JAMES FERNYHOUGH  |  MONDAY, 17 MAR 2014
... intermediaries, including the manager." ISA also argued that it would lower the cost of bidding. While the PC said there was "merit in further examining ways of involving long-term equity at an earlier point in financing public infrastructure," it highlighted ...

FOS model outdated, in need of major change

LAURA MILLAN  |  WEDNESDAY, 12 MAR 2014
The current Financial Ombudsman Services (FOS) model is in need of major changes in order to meet industry and consumer expectations, an independent review found. The review conducted by Cameron Ralph Navigator (CRN) is the first independent review ...

ASIC enhances whistleblower communication

LAURA MILLAN  |  WEDNESDAY, 19 FEB 2014
... information to the regulator. He also outlined the difficulties of giving whistleblowers financial protections or rewards. "I see merit in this option provided that what they can get is real comfort," Medcraft noted. "But now what they can get as a percentage ...

Watch central banks closely, warns Neuberger Berman

MARK SMITH  |  MONDAY, 20 JAN 2014
... alert. Inflation trends remain moderate and we do not expect a significant uptick in rates this year. These shifts in policy merit close attention as investors adjust portfolios to capitalise on the improved growth and somewhat tighter monetary conditions." ...

ASX managed funds services gets ASIC nod

JAMES FERNYHOUGH  |  MONDAY, 13 JAN 2014
The Australian Securities Exchange (ASX) has cleared the most significant hurdle on the road to its 'mFund Settlement Service' - the third incarnation of AQUA II - after the Australian Securities and Investment Commission (ASIC) gave it the go-ahead. ...

Planners lax on capital protected product advice: ASIC

JAMES FERNYHOUGH  |  WEDNESDAY, 4 DEC 2013
Many financial advisers have not made sufficient enquiries into their clients' financial circumstances when advising on capital protected products, the Australian Securities and Investments Commission (ASIC) has found. In Report 377, 'Review of advice ...

Government targets super in awards, board independence

JAMES FERNYHOUGH  |  THURSDAY, 28 NOV 2013
... arrangements, employers can select a workplace default fund from a list of up to 15. The Government is considering removing a merit-based filter undertaken by an independent expert panel within Fair Work Australia to require employers to select from ...

EQT makes last attempt to buy The Trust Company

LAURA MILLAN  |  WEDNESDAY, 13 NOV 2013
Equity Trustees (EQT) has announced a last-minute increase of its buyout offer for The Trust Company (TRU), only a few days before TRU shareholders vote for the Perpetual offer. The EQT board of directors has approved an increase in the offer ratio ...