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

Search Results

Showing 11 - 20 of 5177 results for "YES"

Westpac fined $26m for financial hardship neglect

KARREN VERGARA  |  WEDNESDAY, 27 MAY 2026
Major bank Westpac has copped a $26 million fine for neglecting customers facing financial hardship over a six-year period. The Federal Court found the bank failed 277 customers facing financial troubles by not providing a written response to their ...

Hostplus, AIA lose $1.4m TPD dispute

ELIZA BAVIN  |  THURSDAY, 21 MAY 2026
... additional TPD cover benefit, which was declined," AFCA said. AFCA acknowledged that whilst the complainant should have answered 'yes' to the insurer's question about whether he suffered from medical conditions requiring treatment, the panel determined ...

SIAA focuses mission on building prosperity for investors

KARREN VERGARA  |  TUESDAY, 19 MAY 2026
Outlining its mission for the next three years, the Stockbrokers and Investment Advisers Association (SIAA) will prioritise building prosperity for investors, underscored by strong advocacy work, fostering connections and raising awareness about a dynamic ...

Atlas Arteria rejects 'exploitative' IFM takeover bid

RIDDHIMA TALWANI  |  WEDNESDAY, 6 MAY 2026
Atlas Arteria has recommended shareholders reject IFM's hostile takeover bid, calling it "too low, opportunistic and highly conditional". The toll road operator said each independent director will reject IFM's offer and told shareholders to simply ignore ...

ASFA chair to step down after four years

JAMIE WILLIAMSON  |  TUESDAY, 5 MAY 2026
The Association of Superannuation Funds of Australia (ASFA) is on the hunt for a new independent chair. Gary Dransfield is stepping down after four years as independent chair of ASFA. While there, he oversaw the appointment of Mary Delahunty as chief ...

Clime Investment offloads SMA business

KARREN VERGARA  |  FRIDAY, 1 MAY 2026
Clime Investment Management is selling its separately managed accounts (SMA) products and some managed funds for about $7.7 million to an unnamed party. The cash transaction is subject to platform consent, due diligence and completed documentation. ...

Magellan shareholders say yes to Barrenjoey takeover

RIDDHIMA TALWANI  |  MONDAY, 13 APR 2026
Magellan Financial shareholders have approved the takeover of Barrenjoey at an implied valuation of $1.6 billion. Magellan first announced the merger in early March, noting Brian Benari will become the group chief executive under the new entity. Sophia ...

Super Consumers Australia raises concerns over Treasury reforms

RIDDHIMA TALWANI  |  THURSDAY, 9 APR 2026
Super Consumers Australia has called for the government to focus on reforms that will actually protect people, warning against ineffective measures and those that will harm victims. It raised concerns over the proposal to remove the 'but for test' from ...

Global recession a 'real possibility': UniSuper

RIDDHIMA TALWANI  |  THURSDAY, 2 APR 2026
... differentiating between winners and losers from higher oil prices. Over the last decade, the US has become a big energy exporter, so yes, consumers will suffer with higher prices, but the energy companies themselves benefit," Colosimo said. "If you look ...

Genetic testing laws pass parliament

ELIZA BAVIN  |  THURSDAY, 2 APR 2026
New laws that ban the ability to discriminate based on adverse predictive genetic test results in life insurance underwriting have passed parliament. Minister for financial services Daniel Mulino said Australians should not feel discouraged from undertaking ...