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

Search Results

Showing 2821 - 2830 of 10361 results for "Close"

AMP welcomes former PwC partner

ELIZA BAVIN  |  WEDNESDAY, 11 DEC 2019
... services, risk and regulatory practice in Australia. Prior to that he was a partner at PwC's financial services practice for close to three decades; auditing and advising major banks add multinational institutions in Australia, Canada and the United ...

Elders FP to shutter

JAMIE WILLIAMSON  |  TUESDAY, 10 DEC 2019
... has confirmed. In a statement to Financial Standard, a spokesperson for Elders Financial Planning confirmed a decision to close the dealer group was reached at the end of November. "Following consultation with its advisers, Elders Financial Planning ...

IOOF, ANZ transaction gets green light

ELIZA BAVIN  |  TUESDAY, 10 DEC 2019
... their fiduciary obligations, including to always act in the best interests of their members." APRA said it till maintain close supervisory attention on IOOF to encourage a culture of ongoing improvement in its governance and business operations, consistent ...

APRA releases MySuper heat map

HARRISON WORLEY  |  TUESDAY, 10 DEC 2019
... the coming days. "The heat map may tell you that other funds have had higher returns over five years, but if you're close to retirement you might be far more concerned with how your fund is managing the risks of a market downturn to safeguard your ...

New hires, mandates at Link

ELIZABETH MCARTHUR  |  MONDAY, 9 DEC 2019
Link Fund Solutions has appointed a new chief operating officer as part of what it says is a broad transformation of the business. Peter Sipek has been appointed chief operating officer. He has more than 30 years' experience in financial services most ...

Chief economist update: It's Christmas time in the city

BENJAMIN ONG  |  MONDAY, 9 DEC 2019
"Oh the weather outside is frightful..." While a "phase one" deal between the US and China appears to be close (again), it's still prudent not to write-off the possibility of a re-escalation in the tariff wars given Trump's recent targeting ...

Pendal cuts fee on multi-asset fund

KANIKA SOOD  |  FRIDAY, 6 DEC 2019
Pendal Group has dropped the fees on a $690 million multi-asset fund that has been running for close to 40 years. The Pendal Sustainable Balanced Fund will go from charging 0.90% per annum to 0.80% per annum in management costs. Indirect costs are 0.05% ...

CFS culls grandfathered commissions, slashes fees

KANIKA SOOD  |  FRIDAY, 6 DEC 2019
About 6000 financial advisers are set to lose $1700 per year in revenue, as Colonial First State starts to put grandfathered commissions to bed. The $145 billion manager is starting the phase out of grandfathered commissions with a small slice of the ...

Ethical super fund shutters themed options

JAMIE WILLIAMSON  |  WEDNESDAY, 4 DEC 2019
An ethical superannuation fund founded in 2013 has terminated the majority of its impact-based investment options following a review. Good Super, which was founded by Sargon's Phillip Kingston and Aron D'Souza as a social impact superannuation fund ...

Regulators circle as scandal engulfs Westpac

ALLY SELBY  |  WEDNESDAY, 4 DEC 2019
APRA has put Westpac on notice; warning the disgraced bank could face fines and disqualification of senior directors and executives as it considers whether to launch legal action. APRA chair Wayne Byres told a parliamentary hearing on Monday that the ...