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

Search Results

Showing 2341 - 2350 of 8182 results for "Institutional"

Super calculators to align with MoneySmart

HARRISON WORLEY  |  THURSDAY, 6 JUN 2019
Superannuation and retirement income calculators will adjust the inflation rates they use after an ASIC instrument amendment. ASIC updated the instrument governing superannuation and retirement income calculators to require providers to adjust for inflation ...

PYSP puts SMSFs at risk

HARRISON WORLEY  |  THURSDAY, 6 JUN 2019
As July 1 approaches, some self-managed superannuation fund members are scrambling to ensure life insurance policies held through an APRA-regulated fund aren't suddenly cancelled. With the Government's Protecting Your Super Package about to kick in ...

Global manager welcomes former CFSGAM head

JAMIE WILLIAMSON  |  WEDNESDAY, 5 JUN 2019
... commenting, Bristow said he is excited to be joining MFS. "Consultants continue to play a crucial role in advising institutional and wholesale investors, and I look forward to strengthening our existing relationships with them," he said. Founded in 1924 ...

Super startup taps new investors

KANIKA SOOD  |  WEDNESDAY, 5 JUN 2019
A superannuation fund launched by a former Olympian and investment banker has raised $2 million from investors. Superestate has attracted new investors including Aura Group, whose venture capital fund invested $750,000 in Superestate as a part of the ...

Magellan changes board responsibilities

KANIKA SOOD  |  WEDNESDAY, 5 JUN 2019
... billion through Magellan Asset Management. It had $462 million in net inflows in April, of which $332 million was institutional and $130 million retail.

Super figures point to NSW victory

HARRISON WORLEY  |  WEDNESDAY, 5 JUN 2019
If superannuation performance figures mean anything in the world of rugby league, the Blues will win the Origin opener tonight. Just hours before the Blues and Maroons begin the annual battle for rugby league supremacy at Brisbane's Suncorp Stadium ...

Minimum wage rises by 3%

HARRISON WORLEY  |  TUESDAY, 4 JUN 2019
Australia's minimum wage is set to rise by 3%. The Fair Work Commission has determined Australia's national minimum wage (NMW) will increase by 3% to $19.49 per hour. Effective from the first full pay period starting on or after July 1, the increase ...

NAB looks to boost fintech

ELIZABETH MCARTHUR  |  TUESDAY, 4 JUN 2019
The National Australia Bank announced its existing alliance with Bank Leumi of Israel and CIBC will move into fintech with the introduction of the Global Alliance Fintech Link. The Link is an online portal developed to help drive client-focused innovation ...

Sandon Capital acquires stake in LIC

KARREN VERGARA  |  TUESDAY, 4 JUN 2019
Activist investment manager Sandon Capital Investments has entered into an agreement to acquire a stake in a listed investment company. ASX-listed Sandon Capital is expected to acquire nearly 53 million shares in Mercantile Investment Company (MVT) ...

Macquarie Securities cops ASIC penalty

KANIKA SOOD  |  MONDAY, 3 JUN 2019
Macquarie's securities business has paid a $300,000 penalty for contravening market integrity rules, the corporate regulator said this morning. ASIC issued an infringement notice to Macquarie Securities on May 3, after its markets disciplinary panel ...