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Showing 2821 - 2830 of 10303 results for "STI"

Life commissions, referral fees still kosher: AFA

ELIZABETH MCARTHUR  |  THURSDAY, 27 FEB 2020
A regulatory update at the Association of Financial Advisers' Roadshow event in Sydney provided financial advisers a clear message on life insurance commissions and referral fees, and took aim at a former FASEA board member in the process. AFA general ...

Super funds snub millions of Aussies

ELIZA BAVIN  |  THURSDAY, 27 FEB 2020
Australia's superannuation funds are the worst offenders when it comes to meeting the needs of the over five million Australians who do not speak English at home, according to new research. A survey conducted by LanguageLoop found that 81% of respondents ...

Chief economist update: Wall Street sneezes

BENJAMIN ONG  |  THURSDAY, 27 FEB 2020
It may have started in China and is infecting its way around the planet but the coronavirus hadn't had much impact on equity markets until it hit investor sentiment on Wall Street. Five straight down days have taken returns on the S&P 500 index ...

Remain liquid, defensive and patient: Schroders

ELIZA BAVIN  |  WEDNESDAY, 26 FEB 2020
While the market focus has moved on from the woes of 2019, investors in 2020 and facing similar global risks, according to Mihkel Kase, portfolio manager - fixed income at Schroders. Kase said the concerns investors faced in 2019 - think trade war and ...

Ethical super fund cuts fees

HARRISON WORLEY  |  WEDNESDAY, 26 FEB 2020
An ethical superannuation fund is set to cut its administration fee by 12 basis points as it looks to pass on scale benefits. Australian Ethical will drop the percentage-based administration fee it charges to members from 0.41% to 0.29% p.a. in April. ...

Analyst guilty of insider trading

ELIZA BAVIN  |  WEDNESDAY, 26 FEB 2020
A former analyst at Maple Brown Abbott has pleaded guilty to five counts of insider trading. Michael Ho entered the guilty plea in Downing Center Local Court in relation to the purchase and sale of Big Un shares and options between 18 July 2016 and ...

EM debt relatively unscathed by virus: Research

ELIZA BAVIN  |  WEDNESDAY, 26 FEB 2020
New research shows emerging markets debt has been relatively unscathed by the coronavirus so far. But risk still remains. Eaton Vance's (EM) debt team said the positive news has been driven by the expectation that the impact on growth will be temporary ...

Investments head departs super fund

HARRISON WORLEY  |  MONDAY, 24 FEB 2020
A $12 billion super fund is currently without a head of investments, after the departure of a long-serving executive. LGIAsuper has confirmed to Financial Standard the departure of Guy Rundle, the government fund's long-time head of investment. Rundle ...

Wells Fargo coughs up $4.5 billion

ALLY SELBY  |  MONDAY, 24 FEB 2020
Wells Fargo will fork out $4.5 billion to resolve the fake account scandal that has continued to rattle the world's fourth largest bank since 2016. The $4.5 billion (US$3 billion) settlement with the Securities and Exchange Commission (SEC) and ...

Former AMP, Synchron adviser charged

HARRISON WORLEY  |  FRIDAY, 21 FEB 2020
A former AMP and Synchron financial adviser has been brought before the courts for allegedly using the retirement savings of clients to fund his own lifestyle. Townsville's Anthony Vivian Dick has been charged with 11 counts of dishonestly applying ...