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

Search Results

Showing 241 - 250 of 832 results for "Gear"

Leading philanthropic couple honoured

HARRISON WORLEY  |  FRIDAY, 27 JUL 2018
One of Australia's leading philanthropic couples received the top honour at the 2018 Philanthropic Awards. Nicola and Andrew Forrest were recognised as Philanthropy Leaders of the Year at Philanthropy Australia's annual awards night held at ...

Former NAB, AMP adviser banned

JAMIE WILLIAMSON  |  THURSDAY, 28 JUN 2018
A former NAB and AMP financial adviser is facing an ASIC ban after the regulator deemed him incompetent to provide advice. Graeme Ashley Cowper was recently served a ban from providing financial services for a period of four years after he was found ...

$26 billion real estate group shuffles portfolio

KANIKA SOOD  |  TUESDAY, 5 JUN 2018
Vicinity Centres is offloading about $1 billion of sub-regional and neighbourhood shopping centres, with a view to reinvest in opportunities that create better value for security holders. The recent portfolio reshuffle builds on the ASX-listed real ...

Macquarie merges private wealth businesses

KANIKA SOOD  |  THURSDAY, 17 MAY 2018
Macquarie Group is consolidating its private bank and private wealth businesses to concentrate its growth strategy on high net-worth (HNW) clients, a move it expects to affect advisers. HNW clients are already the exclusive focus of Macquarie's private ...

Australian Ethical divests AMP

ALEX BURKE  |  THURSDAY, 10 MAY 2018
Australian Ethical will divest AMP following the governance failures exposed by the Royal Commission. Speaking to Financial Standard, Australian Ethical head of ethics research Stuart Palmer said while AMP passed its ethical screening in 2016, and the ...

Powerwrap gears up for IPO

JAMIE WILLIAMSON  |  FRIDAY, 20 APR 2018
Powerwrap has confirmed it recently completed a pre-IPO capital raise to the tune of $7.5 million. Speaking to Financial Standard, Powerwrap chief executive Will Davidson said the platform sought the backing of existing institutional investors to raise ...

NAB details serious compliance concerns in RC advice submission

JAMIE WILLIAMSON  |  MONDAY, 16 APR 2018
In the past nine years NAB has identified about 70 financial advisers giving rise to serious compliance concerns across its wealth division. In its submissions to the Royal Commission, NAB disclosed that between 1 January 2009 and 1 January 2018, it ...

New super fund joins forces with GBST

ALEX BURKE  |  THURSDAY, 5 APR 2018
GBST is partnering with a start-up online super fund to provide a digital on-boarding service for prospective members. Superestate, which launched in March by Olympic medalist Grant Brits and is issued by Tidswell Financial Services, is designed to ...

Industry fund launches lifecycle default option

KARREN VERGARA  |  TUESDAY, 3 APR 2018
A $7 billion industry superannuation fund is launching a default option that will automatically adjust with members' age. The Australian Catholic Superannuation and Retirement Fund's LifetimeOne option, to be launched in May, aims to give members better ...

ASIC closes doors on Storm charges with two fines

ALEX BURKE  |  FRIDAY, 23 MAR 2018
Nearly a decade after ASIC began its investigation into Storm Financial, two directors have been fined $70,000 each for breach of duties. Emmanuel and Julie Cassimatis were previously disqualified from managing corporations for seven years. When they ...