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

Search Results

Showing 2701 - 2710 of 19411 results for "One"

Pendal, Perpetual amend deal terms

JAMIE WILLIAMSON  |  THURSDAY, 17 NOV 2022
... further strengthen the balance sheet and enhance the combined group's flexibility. Now, Pendal shareholders will receive one Perpetual share for every seven Pendal shares, as well as $1.65 per share. Under the previous offer, Pendal shareholders ...

Former van Eyk Research chief sentenced

JAMIE WILLIAMSON  |  WEDNESDAY, 16 NOV 2022
... three weeks in January and February 2014, just weeks before van Eyk crumbled. The firm was forced to suspend redemptions on one of its Blueprint funds after the underlying manager, Artefact Partners, made a non-compliant, illiquid investment which also ...

Advisers, non-relevant providers will not compete: Levy

CASSANDRA BALDINI  |  WEDNESDAY, 16 NOV 2022
... Speaking to Financial Standard for an upcoming podcast, Levy touched on the QAR proposal to cause perhaps the most debate. "One of the biggest concerns was opening up the provision of financial advice or financial product advice to people other than ...

Financial services sector reports highest rates of burnout

CASSANDRA BALDINI  |  WEDNESDAY, 16 NOV 2022
... than half of respondents, 51%, said they were likely or very likely to leave in the next 12 months. This also means it is one of the industries with the highest level of churn. Around 11% of the industry said they are "quiet quitting" while 48% said ...

Magellan seeks $1m increase to director fees

ANDREW MCKEAN  |  TUESDAY, 15 NOV 2022
... Magellan's future strategic direction. To this end, we are targeting a board comprising six independent non-executive directors and one executive director (being Magellan chief executive and managing director David George)." The board currently consists ...

ANZ to pay $42m in insurance lawsuit

CASSANDRA BALDINI  |  MONDAY, 14 NOV 2022
... Westpac, the law firm said. The three settlements, which are all subject to court approval, are expected to result in up to one million customers being eligible to receive compensation for the CCI they were sold. The firm explained many customers were ...

Hopes for action at "implementation" COP27

RACHEL ALEMBAKIS  |  MONDAY, 14 NOV 2022
... and planned for the resources and investment required to deliver on them." For JANA head of sustainability Rachel Halpern, one of the big outcomes could be whether governments commit to action that will help catalyse private investment in climate adaptation ...

APRA proposes changes to successor fund transfers

ANDREW MCKEAN  |  FRIDAY, 11 NOV 2022
... APRA deputy chair Margaret Cole said successor fund transfers often run into problems that erode the benefit to members. "One of the best ways for trustees to improve outcomes for their members is through a merger that delivers the benefits of increased ...

Experts weigh in on Brookfield bid for Origin

RACHEL ALEMBAKIS  |  FRIDAY, 11 NOV 2022
... government. "National interest changes over time," he said. "We've seen this in the conversation over the Darwin Port sale. At one time, an overseas interest on the Darwin Port wouldn't be an issue, but that's changed. "That's why you've ...

Life after legalsuper: Proebstl

ELIZABETH FRY  |  FRIDAY, 11 NOV 2022
Outgoing legalsuper chief executive Andrew Proebstl has no plans to exit the superannuation industry. Proebstl foresees big opportunities for funds to differentiate themselves and succeed in an environment where they are forced to manage more and more ...