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Showing 2311 - 2320 of 8591 results for "SIM"

Hostplus axes manager

ELIZABETH MCARTHUR  |  WEDNESDAY, 23 DEC 2020
Hostplus has terminated an Australian equities mandate with a Franklin Templeton subsidiary. Balanced Equity Management is a wholly owned subsidiary of Franklin Templeton Investments Australia with approximately $8 billion in funds under management. ...

QLD super funds advance merger

KARREN VERGARA  |  TUESDAY, 22 DEC 2020
LGIAsuper and Energy Super will proceed with a merger that is set to finalise as early as 1 July 2021. The board of the two Queensland-based superannuation funds have signed a binding heads of agreement following a two-and-a-half month due diligence ...

Jablko exits ANZ

ANNABELLE DICKSON  |  TUESDAY, 22 DEC 2020
ANZ's chief financial officer has left the financial services industry to join toll-road operator Transurban. Michelle Jablko held the role of chief financial officer at ANZ for over four years and was appointed director of ANZ New Zealand Limited ...

IOOF, BT end platform relationship

ANNABELLE DICKSON  |  FRIDAY, 18 DEC 2020
The wealth manager has ended its decade-long relationship with BT, selecting another platform to provide custody and administration services and build a new raft of super and investment products. BT will continue to provide platform and related services ...

Chief economist update: Government spending made money, saved money

BENJAMIN ONG  |  FRIDAY, 18 DEC 2020
The Morrison government has released its Mid-Year Economic Financial Outlook (MYEFO), proving the old saying 'You must spend money to make money' right. This quote, generally attributed to Roman playwright, poet and philosopher Titus Maccius ...

What you read in 2020

JAMIE WILLIAMSON  |  FRIDAY, 18 DEC 2020
As we farewell a year that many will be glad to see the back of, check out Financial Standard 's most read stories for 2020. The COVID-19 pandemic underscores the majority of this year's most widely read stories, as unprecedented shutdowns and ...

Vanguard fund hits US$1trn

KANIKA SOOD  |  THURSDAY, 17 DEC 2020
A Vanguard equities fund ended November with $1.3 trillion in total assets, in an unprecedented feat in funds management. The Vanguard Total Stock Market Index Fund has been around since 1992 and follows a passive style of investing, with turnover rate ...

Active manager winning streak short lived

KARREN VERGARA  |  WEDNESDAY, 16 DEC 2020
Persistence isn't key for many active fund managers, as a new report finds their ability to consistently beat benchmarks and stay in the top quartile is fleeting. The S&P Dow Jones Indices' biannual report found only a small number of outperforming ...

Reporting rules for charities relaxed

KANIKA SOOD  |  WEDNESDAY, 16 DEC 2020
About 5000 charities will see easier financial reporting requirements from mid-2021, as the Federal Treasury amends the rules. The Council on Federal Financial Relations (CFFR) has agreed to develop a framework by mid-2021 to lift the reporting threshold ...

AIA to launch income protection product

KARREN VERGARA  |  WEDNESDAY, 16 DEC 2020
AIA Australia is launching a more affordable, simplistic income protection product in early 2021. IP CORE pays a monthly benefit for total or partial disability as a result of injury or sickness that satisfies a material and substantial duties definition. ...