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

Search Results

Showing 241 - 250 of 638 results for "Fire"

Financial Standard unwrapped: Our top stories in 2018

HARRISON WORLEY  |  WEDNESDAY, 19 DEC 2018
... business, in a $3.3 billion sale that attracted the ire of shareholders. The ASX was forced to intervene, and ruled the under-fire wealth manager did not require the approval of shareholders to sell its life and wealth protection unit to UK firm Resolution ...

Chief economist update: Wall Street in drunken sailor's shadow

BENJAMIN ONG  |  MONDAY, 26 NOV 2018
The ups and downs in US equities over the past weeks reminds me of the book, "A Random Walk on Wall Street", authored by Princeton University economics professor Burton Malkiel back in 1973, which posited that: "...short run changes in stock prices ...

Global asset managers sign responsible firearms framework

DARREN SNYDER  |  THURSDAY, 15 NOV 2018
State Street Global Advisors and Nuveen are among the first signatories of a document designed to improve engagement with companies that manufacture, distribute, sell or regulate products within the civilian firearms industry. Thirteen institutional ...

Former adviser jailed, ASIC posts FY18 stats

KARREN VERGARA  |  THURSDAY, 1 NOV 2018
... paid. According to ASIC's FY18 annual report, enforceable undertakings totalled 27 for the period. ASIC has come under fire for relying on EUs and to negotiate outcomes instead of imposing harsher penalties for misconduct, which it said are more ...

Enforceable undertakings are effective: Research

KARREN VERGARA  |  FRIDAY, 26 OCT 2018
... proceedings take too long, she said. ASIC's favourite method of tackling misconduct - enforceable undertakings - came under fire as the Commission revealed the banks held greater bargaining power over the regulator. ASIC said the pilot study, which ...

Young Aussies set lofty retirement goals

KARREN VERGARA  |  WEDNESDAY, 24 OCT 2018
... finding new tools to create wealth and reach their goals," he said. Labelled as the "financial independence, retire early" (FIRE) movement, Leibowitz said this new breed of independent and financially savvy individuals want choice and autonomy to live ...

Firetrail calls off $305m IPO

KANIKA SOOD  |  WEDNESDAY, 17 OCT 2018
The former Macquarie stock pickers have hit the brakes on a LIC based on their absolute return strategy after a few investors lapped up most of the raise. Firetrail Investments had raised "well over" $100 million when management and board decided the ...

ETFs attracting more money than LICs

KANIKA SOOD  |  MONDAY, 15 OCT 2018
Aussie investors now have more money invested in the rapidly-expanding exchange traded fund market than in long-standing listed investment companies. The ETP market has just hit $42.3 billion in funds under management - that's $60 million more than ...

Ban Dollarmites: Spot poll

KARREN VERGARA  |  MONDAY, 15 OCT 2018
... statement, claiming that initiatives like Dollarmites help promote financial literacy at a young age. CBA recently came under fire for its 87-year-old Dollarmites program after it was awarded a Shonky award from consumer advocacy group CHOICE. CHOICE ...

CBA fires up over Dollarmites criticism

HARRISON WORLEY  |  FRIDAY, 5 OCT 2018
Commonwealth Bank has responded to widespread criticism of its longstanding Dollarmites program. Executive general manager of the bank's retail arm, Mark Jones said CBA is proud of its school banking program, which has been running now for 87 years. ...