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

Search Results

Showing 2441 - 2450 of 7104 results for "June 2023"

Poor systems delay MySuper transitions: CFS

KARREN VERGARA  |  WEDNESDAY, 15 AUG 2018
Operational constraints and poor systems once again took a beating at this morning's Royal Commission hearing, contributing to what Colonial First State admits was a lengthy transition of members to MySuper products. CFS executive general manager ...

Chief economist update: Small business is big business

BENJAMIN ONG  |  WEDNESDAY, 15 AUG 2018
"I want to thank all of you, the small business owners, who are the engine of American prosperity. And, you know, I've been saying it for a long time, but you really are. You look at even the stats and you look at the numbers. You look at the taxes ...

Mainstream enters SMA market

KANIKA SOOD  |  TUESDAY, 14 AUG 2018
Mainstream Group is launching a separately managed account investment solution, one which the company says is its official entry into digital services targeted at financial advisers. The SMA solution will be initially launched in Australia. It will ...

GBST Australian revenues dip, UK picks up

KANIKA SOOD  |  TUESDAY, 14 AUG 2018
The 34-year-old fintech's Australian business revenues fell last financial year, just as its UK business delivered strong earnings growth. GBST is a provider of administration for wealth management, capital market and retail broking businesses. Its ...

Federal Court rules partly in favour of DomaCom

HARRISON WORLEY  |  TUESDAY, 14 AUG 2018
A Federal Court ruling on a potential breach of the Sole Purpose Test has been termed a "milestone" for the SMSF industry, however there are still hurdles to clear before sub-funds are not considered in-house assets or related trusts under the SIS (Superannuation ...

Challenger increases annuity distribution

JAMIE WILLIAMSON  |  TUESDAY, 14 AUG 2018
Challenger is rolling out its suite of annuity products to users of an $8.3 billion platform. Financial advisers and their clients using HUB24 will be able to access Challenger annuities via the platform just as they would any other investment. While ...

Praemium revenues inching towards $50m mark

KANIKA SOOD  |  MONDAY, 13 AUG 2018
Praemium's revenue grew by 22% over the previous year, buoyed by new client wins and funds pouring in from its Australian and international businesses. The managed accounts provider generated $43 million in revenues for the year ending June 2018, up ...

Super fees outpace asset growth: Research

KARREN VERGARA  |  MONDAY, 13 AUG 2018
The rate at which superannuation funds slug members fees is growing faster than the underlying assets being managed, latest research shows. Rainmaker Information's March quarter Benchmarking report shows members paid a total of $32 billion in super ...

Life insurance loyalty waning

JAMIE WILLIAMSON  |  MONDAY, 13 AUG 2018
More than 240,000 life insurance policyholders switched provider in the 12 months to June 2018, while a further 766,000 considered switching. According to the latest figures from Roy Morgan, more than one million risk and life insurance policies had ...

Chief economist update: Turkey's roasted

BENJAMIN ONG  |  MONDAY, 13 AUG 2018
Think it's called a "swan dive" not a "Turkey" dive but this is exactly what the Turkish lira did over the past week as it engaged the world's biggest superpower into a diplomatic stoush. "I fought the law and the law won." - The Clash America ...