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

Search Results

Showing 11 - 20 of 7016 results for "Act 2001"

MUFG expands InvestStream partnership with minority stake

RIDDHIMA TALWANI  |  THURSDAY, 5 NOV 2026
MUFG Retirement Solutions has expanded its partnership with InvestStream by acquiring a minority interest in technology provider. Both first partnered in July this year, aiming to help superannuation funds expand members' access to personalised digital ...

Evidentia ex-chief executive quits chair role amid restructure

RIDDHIMA TALWANI  |  TUESDAY, 3 NOV 2026
Evidentia chair and former chief executive Michael Wright will step down, following several senior roles were cut at the managed accounts provider under his successor, Louise Watson, who took the helm in September. Wright was chief executive of investment ...

Life insurers urged to act earlier on claims

VINNY VUCAGO  |  MONDAY, 2 NOV 2026
Life insurers are being urged to request information earlier and improve communication with customers to prevent avoidable delays in claims decisions, following an industry review that found repeated gaps in the handling of longer-running claims. The ...

FBI accuses North Korea of $9bn Binance crypto heist

MATTHEW WAI  |  MONDAY, 2 NOV 2026
North Korea has been accused of being the culprit behind the $9 billion (US$6.3bn) cryptocurrency heist from global digital asset platform Binance that took place last week. The Federal Bureau of Investigation (FBI) released information advising that ...

ASIC issues 'wake-up call' to trustees on member complaints

RIDDHIMA TALWANI  |  MONDAY, 2 NOV 2026
The corporate regulator is calling on superannuation trustees to improve oversight of issues arising from member complaints, noting many are not doing enough to use complaints as early warning signs of broader issues. In its Report 844 Lessons to be ...

ASIC takes action on Falcon Capital directors

KARREN VERGARA  |  MONDAY, 2 NOV 2026
ASIC is suing the directors of Falcon Capital, the responsible entity for the failed First Guardian Master Fund, alleging "serious and widespread failures" in their oversight. ASIC commenced civil penalty proceedings in the Federal Court against Falcon ...

Challenger open to TAL takeover at a better price

RIDDHIMA TALWANI  |  THURSDAY, 29 OCT 2026
Challenger will continue to engage with TAL Daiichi Life to get a better offer price, after it rejected the takeover bid earlier this week, stating the offer falls short of a level it could recommend to shareholders. TAL is Challenger's largest ...

US equities may be 'undervalued': CIO

ELIZA BAVIN  |  THURSDAY, 29 OCT 2026
J.P. Morgan Asset Management (JPMAM) chief investment officer of US core equity and head of US derivatives Hamilton Reiner said US equities could still be trading below fair value despite a prolonged tech rally. Speaking to Financial Standard Reiner ...

Global recession 'a very low probability': JPMAM

ELIZA BAVIN  |  WEDNESDAY, 28 OCT 2026
J.P. Morgan Asset Management (JPMAM) told its 2026 Asia Summit there is a "generational amount of yield" in bond markets currently. Speaking at the event, JPMAM chief investment officer and head of global fixed income, currency and commodities Bob Michele ...

FEATURE | Custody | Worlds collide

KARREN VERGARA  |  WEDNESDAY, 28 OCT 2026
When ETF Shares chief executive Cliff Man was a junior portfolio manager at Hang Seng Bank, a subsidiary of HSBC, early in his career, many of his duties mirrored the tasks of a custodian and fund administrator. He reconciled daily cash balances and ...