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

Search Results

Showing 3061 - 3070 of 20552 results for "BEN"

CFA Institute says focus on culture

ELIZABETH MCARTHUR  |  TUESDAY, 15 FEB 2022
A new report from the CFA Institute has found that the culture of investment organisations often constrains innovation. The report, titled The future of work in investment management: changing organisational cultures, offered a series of recommendations ...

Zerocap unveils new bitcoin fund

CHLOE WALKER  |  TUESDAY, 15 FEB 2022
Cypto asset investment platform Zerocap has launched a new fund, Zerocap Smart Beta Bitcoin, with the aim of effectively managing and reducing Bitcoin's high volatility and price swings. The objective of Smart Beta Bitcoin is to reduce and balance risk ...

Mason Stevens builds on distribution capabilities

JAMIE WILLIAMSON  |  MONDAY, 14 FEB 2022
Mason Stevens has appointed a new sales director for NSW and ACT, hiring from HUB24. Ben Lemmon has joined the platform provider in the role, based in Sydney. In the new role he is responsible for managing client relationships and sourcing new business ...

ETF industry loses $5bn

JAMIE WILLIAMSON  |  MONDAY, 14 FEB 2022
The local exchange-traded fund industry dropped by 3.7% in January as share markets fell worldwide. According to BetaShares' latest insights, the industry fell $5.1 billion month on month to end January at $131.8 billion. Meanwhile, about $1.5 billion ...

Rest awards responsible investment mandate

ELIZABETH MCARTHUR  |  MONDAY, 14 FEB 2022
The $70 billion industry fund, Rest, has awarded an investment mandate for its ethical investment option. The fund awarded an enhanced ESG mandate to Parametric and Calvert. The mandate is designed to provide further diversification to Rest's Sustainable ...

Scammers prey on lonely hearts

ELIZABETH MCARTHUR  |  MONDAY, 14 FEB 2022
... when scammers provide constant excuses as to why they cannot meet in person or use the video function." Westpac head of fraud Ben Young encouraged those dating online or meeting people through social media to discuss new relationships with friends and ...

Brookfield mulls spinning off AM business

JAMIE WILLIAMSON  |  FRIDAY, 11 FEB 2022
Brookfield is considering its future, saying it may look to spin off its asset management business into a separate public company. In a letter to shareholders, Brookfield Asset Management chief executive Bruce Flatt said the firm is weighing whether ...

$450 super threshold scrapped

JAMIE WILLIAMSON  |  FRIDAY, 11 FEB 2022
In a long-awaited move, the government has scrapped the $450 superannuation guarantee threshold, making about 300,000 people eligible for super contributions. The bill to remove the monthly income threshold was passed in Parliament yesterday, alongside ...

Retirement Income Covenant, CCIV reforms pass

KARREN VERGARA  |  FRIDAY, 11 FEB 2022
Two long-awaited reforms, the Retirement Income Covenant and Corporate Collective Investment Vehicle regime, passed parliament yesterday. Superannuation funds will have to provide a retirement income strategy for members to assist them in their later ...

Super baby bonus proposed

JAMIE WILLIAMSON  |  TUESDAY, 8 FEB 2022
The Association of Superannuation Funds of Australia (ASFA) is proposing a $5000 superannuation baby bonus be introduced, as the industry also calls for the government to prioritise the removal of the $450 threshold as parliamentary sitting resumes. ...