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

Search Results

Showing 2601 - 2610 of 9559 results for "Next"

Challenger shareholders revolt against remuneration

KANIKA SOOD  |  FRIDAY, 30 OCT 2020
... amendments that came into effect in 2011. If 25% or more shareholders vote against Challenger's remuneration report again next year - a second strike - the company's shareholders will vote on a "spill resolution" and need 50% to make the directors ...

Institutional mandates spring back to life

KANIKA SOOD  |  FRIDAY, 30 OCT 2020
... that the pipeline is strongest he's ever had it." He said the firm is "very comfortable" with institutional inflows over next six to 12 months, barring an event like a major correction.

Synchron hires from MLC Life

ELIZA BAVIN  |  FRIDAY, 30 OCT 2020
Synchron has announced it hired a new state manager from MLC Life Insurance. Sarah Congdon has been appointed as Sychron's new Victorian state manager effective 30 October 2020. Congdon joins Synchron after 10 years as a business development manager ...

New super benchmarking flawed: Rice Warner

ELIZA BAVIN  |  THURSDAY, 29 OCT 2020
... formula and APRA will use that measurement. Additionally, Rice Warner said based on current performance figures, from October next year, several funds will need to advise members that they have underperformed. "The funds will have a serious dilemma. ...

Frontier Advisors eyes international clients

KANIKA SOOD  |  WEDNESDAY, 28 OCT 2020
... of keeping just one on a fixed-term retainer. Currently, about 85% of its revenue comes from superannuation funds. In the next five years, it wants non-super clients' revenue contribution to go up from current 15% to 30%. "Our view is Frontier came from ...

ASFA proposes MySuper test

KARREN VERGARA  |  WEDNESDAY, 28 OCT 2020
... deviation from the average MySuper fee). If the fees and costs exceed 130 basis points, the product would proceed to the next stage. Stage two assesses net investment returns and benchmarks funds in the bottom quartile of risk-adjusted returns that fail ...

HUB24 to acquire Xplore, offloads Paragem

ELIZA BAVIN  |  WEDNESDAY, 28 OCT 2020
... will benefit from the continued development of the platform. The takeover process is anticipated to be completed in March next year. HUB24 announced the move as part of three strategic transactions which together aim to strengthen the company's position ...

New fund manager at EG

KANIKA SOOD  |  TUESDAY, 27 OCT 2020
... with its institutional investor base. The Private Wealth division is aiming for $200 million in gross asset value over the next 12 months. The firm said it has a $4.3 billion development pipeline and has delivered 16.7% p.a. in realised IRR for institutional ...

DDO top of ASIC's agenda

ELIZA BAVIN  |  TUESDAY, 27 OCT 2020
Design and distributions obligation (DDO) reforms may have been pushed back to October next year as a result of COVID-19 but ASIC said it is top of the priority list for 2021. Speaking to the annual Credit Law Conference, ASIC commissioner Sean Hughes ...

ClearView adds to leadership team

JAMIE WILLIAMSON  |  TUESDAY, 27 OCT 2020
... Deborah Lowe. Lowe is currently general manager - people and operations. Meanwhile, Nadine Gooderick will join the business next month as general manager - transformation. She was most recently chief operating officer of Reinsurance Group of America's ...