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

Search Results

Showing 241 - 250 of 6167 results for "Statement"

AIOFP and IFPA enter 'strategic alliance'

ELIZA BAVIN  |  FRIDAY, 14 MAR 2025
... that our members' interests are strongly represented in shaping a more practical regulatory framework." In a joint statement, the organisations said the alliance ensures that the interests of independently owned financial professionals are effectively ...

'Incompetent' adviser permanently banned by ASIC

MATTHEW WAI  |  FRIDAY, 14 MAR 2025
A Sydney-based financial adviser has been permanently banned for acting dishonestly and exhibiting a fundamental lack of knowledge, integrity, and professionalism, ASIC said. Peter Surtenich has been permanently banned on March 6 from providing any ...

Trade war intensifies: China, Canada respond to Trump's tariffs

ANDREW MCKEAN  |  WEDNESDAY, 5 MAR 2025
... food products while imposing export and investment restrictions on 25 US firms, citing national security concerns. A statement from the White House said while Trump gave both Canada and Mexico ample opportunity to curb dangerous cartel activity and the ...

SEC drops civil enforcement case against Coinbase

ANDREW MCKEAN  |  MONDAY, 3 MAR 2025
... develop crypto policy in a more transparent manner. The Crypto Task Force is designed to do just that," Uyeda said. In a statement, the SEC said its decision to dismiss the case rested on its judgement that the dismissal will facilitate its ongoing efforts ...

Sydney to host global superannuation summit

ANDREW MCKEAN  |  MONDAY, 3 MAR 2025
... infrastructure and willingness to embrace innovation had made it an attractive place for businesses to start and grow. A statement from Mookhey said nearly 60% of Australian venture capital is based in NSW, with Sydney producing half of Australia's "unicorns," ...

SMA Reporting Standard launches

KARREN VERGARA  |  FRIDAY, 28 FEB 2025
The SMA Reporting Standard (SMARS) has launched to address the complexities and confusion over fee structures in the separately managed accounts (SMAs) sector. SMARS is spearheaded by the Adviser Ratings Group and operates as a separate entity, SMA ...

PM Capital confirms proposal to acquire Platinum funds

ANDREW MCKEAN  |  FRIDAY, 28 FEB 2025
... cover the premium and transaction costs for both companies, with PMC's costs subject to an agreed cap. In an ASX statement, PGF said it expects that the PMC proposal would result in a "meaningful uplift in value" received by PMC shareholders compared ...

Court acts against two with links to Shield Master Fund

JAMIE WILLIAMSON  |  THURSDAY, 27 FEB 2025
The Federal Court has made orders against two individuals in connection to ASIC's investigation into the Shield Master Fund collapse. The $480 million Shield Master Fund collapse will likely see its 5800-plus investors cop significant losses, with the ...

Selfwealth to proceed with Svava proposal

MATTHEW WAI  |  WEDNESDAY, 26 FEB 2025
... with an anticipated lower interest rate cycle, current market conditions and the competitive landscape," BFG said in a statement, adding that it will continue to pursue "value accretive opportunities" in the future. This follows BFG's initial offer of ...

Macquarie shutters 30-year-old fund

MATTHEW WAI  |  TUESDAY, 25 FEB 2025
... fund will also crystallise gains or losses when its assets are sold following termination," Macquarie confirmed in a statement. "Your share of any net taxable income in the fund will be attributed to you and shown on the final annual tax statement issued ...