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

Search Results

Showing 2401 - 2410 of 10705 results for "May 2012"

Aon, WTW merger will reduce competition: ACCC

ELIZA BAVIN  |  FRIDAY, 19 FEB 2021
The ACCC has flagged concerns over Aon's proposed merger with Willis Towers Watson (WTW), throwing a spanner in the works for the two companies. The ACCC said Aon and WTW are two of the three largest providers of commercial risk, reinsurance and employee ...

AFCA chair under fire

ELIZABETH MCARTHUR  |  THURSDAY, 18 FEB 2021
The woes of Crown Resorts seem far from over, and now scrutiny has turned to executive chair Helen Coonan - with some suggesting she should resign from AFCA before her term as chair ends in May. Today Crown announced that Coonan will be paid an extra ...

Woodford flags comeback

KARREN VERGARA  |  WEDNESDAY, 17 FEB 2021
The UK's financial regulator is warning investors that disgraced fund manager Neil Woodford is launching a new venture, WCM Partners. The Financial Conduct Authority was forced to act after Woodford announced that his new investment firm is in the ...

Continuous disclosure laws to stay

KARREN VERGARA  |  WEDNESDAY, 17 FEB 2021
Treasurer Josh Frydenberg flagged that the temporary disclosure laws for public companies relaxed at the height of the coronavirus crisis will be made permanent. In May 2020, the government announced the temporary measures, modifying provisions under ...

ASIC to take targeted approach with PIP

ELIZA BAVIN  |  WEDNESDAY, 17 FEB 2021
ASIC commissioner Sean Hughes said the government's Product Intervention Powers (PIP) will allow the regulator to take a targeted, calibrated and less prescriptive approach to regulation. Speaking at the Australian Finance Industry Association Risk ...

Chief economist update: Red metal turning red hot

BENJAMIN ONG  |  TUESDAY, 16 FEB 2021
The latest GDP growth updates show that the world's major economies remain in contraction (in year-on-year terms) at the end of 2020 and despite the roll-out of vaccines, the COVID-19 pandemic (and now its variants) remain with us, triggering stop-and-go ...

CommSec launches trade knowledge tool

ELIZA BAVIN  |  MONDAY, 15 FEB 2021
CommSec said it has seen a 200% increase in investors seeking executional information around how trading works as younger people show increased interest in wholesale trading. CommSec said first time traders contributed to around 10% of total trades ...

MMC acquires super fund administrator

KARREN VERGARA  |  MONDAY, 15 FEB 2021
A boutique superannuation administrator has been acquired by Kiwi firm MMC in a move to expand its presence in Australia. MMC is now the owner of Brisbane-based IFAA Group after it first bought a stake in March 2020 of nearly 50%. The total consideration ...

Hume slams superannuation circus

KARREN VERGARA  |  MONDAY, 15 FEB 2021
Senator Jane Hume has slammed the spectacle within the superannuation sector and the conflicting views from executives and industry bodies, which she says is the most "frustrating" part of her job. The Minister for Superannuation, Financial Services ...

How to attract high net worth clients

ELIZABETH MCARTHUR  |  MONDAY, 15 FEB 2021
The latest Netwealth The Advisable Australian report has revealed the attitudes of potential financial advice clients when it comes to brand affinity, finding that higher incomes bring higher expectations. The report found that increased household income ...