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

Search Results

Showing 2571 - 2580 of 10705 results for "May 2012"

Retail super fund scores best customer service nod

KARREN VERGARA  |  FRIDAY, 16 OCT 2020
A retail superannuation fund has taken the top spot in a comprehensive member satisfaction and experience survey, bumping off AustralianSuper from the top. Colonial First State has regained the top spot in the Forrester Research's 2020 Australia ...

Man arrested over investment scam

ANNABELLE DICKSON  |  FRIDAY, 16 OCT 2020
An investigation by the Australian Securities and Investments Commission has culminated in an arrest over a suspected investment scam. The 42-year-old Melbourne man was arrested following a joint investigation by ASIC and Victoria Police E-Crime Squad ...

APRA advises funds to review ownership structures

ELIZA BAVIN  |  FRIDAY, 16 OCT 2020
The prudential regulator has issued a letter to superannuation licensees reinforcing their obligations under the controlling stake requirements. APRA said after undertaking a review of the implementation by RSE licensees its focus has been on the interaction ...

Chief economist update: Lowe taking interest rates lower

BENJAMIN ONG  |  FRIDAY, 16 OCT 2020
The numbers may be better than market expectations but they still don't diminish the fact that Australia's labour market remains weak. The Australian Bureau of Statistics reported that the country's unemployment rate increased to 6.9% in ...

Through good and bad: Advisers add value

JAMIE WILLIAMSON  |  THURSDAY, 15 OCT 2020
Despite COVID-19 volatility, financial advisers have managed to deliver value of 5.2% or more each year to clients, according to new research. It's the key finding of Russell Investments' Value of an Adviser Report for 2020, saying this is the case ...

Fresh fundies outperform

ALLY SELBY  |  THURSDAY, 15 OCT 2020
A small cap fund backed by two fresh-faced investors with no prior funds management experience has managed to outperform the benchmark consistently since its inception in July 2018. As of August 31, Spatium Capital's Small Companies Fund returned ...

Vanguard awards global equity mandate

KARREN VERGARA  |  THURSDAY, 15 OCT 2020
Vanguard has awarded a US$3.4 billion mandate to a boutique fund manager, replacing Franklin Templeton subsidiary Edinburgh Partners. Sprucegrove Investment Management will manage about 35% of the Vanguard International Value Fund, which has US$9.8 ...

Stephen Jones admits to anti-life insurance bias

ELIZABETH MCARTHUR  |  THURSDAY, 15 OCT 2020
At the Association of Financial Advisers annual conference, shadow minister for financial services Stephen Jones outlined Labor's vision for financial advice and admitted to apprehension on life insurance. Jones said, referring to the ASIC review ...

Grow Super founder sentenced in betting scandal

ELIZABETH MCARTHUR  |  THURSDAY, 15 OCT 2020
The founder of Grow Super has been sentenced, after pleading guilty to gambling with insider information. Appearing yesterday, Joshua Wilson was sentenced in Downing Centre Local Court to 18 months good behaviour. He was not fined or given a custodial ...

FSC encourages investment team diversity

ELIZA BAVIN  |  MONDAY, 12 OCT 2020
The Financial Services Council (FSC) has launched a new fund manager resource and guidance note to help improve gender balance in investment management teams. The report, called Guidance Note 38 - Diversity focuses on practical measures that workplaces ...