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

Search Results

Showing 3111 - 3120 of 6884 results for "Act2"

Retirement income paper open for consultation

KANIKA SOOD  |  FRIDAY, 18 MAY 2018
Treasury has laid out principles for its proposed retirement income covenant and is inviting stakeholders to submit consultation for the next four weeks. Here are key takeaways from it. The paper's primary suggestion - as expected -- is that all ...

Private debt attractive for instos: Sahota

KANIKA SOOD  |  FRIDAY, 18 MAY 2018
Australia's $2.8 trillion private debt market could offer stable income opportunities for superannuation funds and high-net-worth individuals alongside capital preservation, according to fixed income veteran Bob Sahota. The private debt market in Australia ...

Alphinity rolls out sustainable Aussie equities fund

ALEX BURKE  |  FRIDAY, 18 MAY 2018
Alphinity Investment Management has launched a new Australian equities fund designed to address the 17 United Nations Sustainable Development Goals. The Alphinity Sustainable Share Fund (SSF) aims to outperform the S&P/ASX 300 Accumulation Index after ...

Advisers struggling with SMSF diversification

JAMIE WILLIAMSON  |  FRIDAY, 18 MAY 2018
Only one in five financial advisers consider clients' self-managed superannuation funds to be well diversified. The 2018 SMSF Insights Paper - a collaboration between Investment Trends, BT Financial Group and the SMSF Association - shows that despite ...

Macquarie merges private wealth businesses

KANIKA SOOD  |  THURSDAY, 17 MAY 2018
Macquarie Group is consolidating its private bank and private wealth businesses to concentrate its growth strategy on high net-worth (HNW) clients, a move it expects to affect advisers. HNW clients are already the exclusive focus of Macquarie's private ...

Chief economist update: Onwards and downwards to a recession?

BENJAMIN ONG  |  THURSDAY, 17 MAY 2018
Now look at what you've done. It's over! Japan's eight consecutive quarters of expansion is no more. Preliminary estimates show the country's real GDP contracted by 0.2% in the March quarter, more than reversing the 0.1% gain in the ...

More adviser participation needed to shape ethics code

JAMIE WILLIAMSON  |  WEDNESDAY, 16 MAY 2018
Financial advisers must consult on the draft code of ethics as it contains vague standards the industry has never previously been required to adhere to. While it is already expected that advisers comply with a raft of legal obligations, wealthdigital ...

ANZ insto property head joins $2.3bn debt manager

HARRISON WORLEY  |  WEDNESDAY, 16 MAY 2018
The former head of institutional property at ANZ has joined a commercial real estate debt manager as investment director. Based in Sydney, Eddie Law will focus on the New South Wales, Queensland and ACT markets; he will manage relationships with borrowers ...

ASIC consults on advice code monitoring bodies

JAMIE WILLIAMSON  |  TUESDAY, 15 MAY 2018
ASIC released its consultation paper detailing proposals for approving and supervising compliance schemes for the incoming code of ethics that all financial advisers must adhere to. Under the professional standards legislation, the code of ethics developed ...

AMP hit with another proposed class action

JAMIE WILLIAMSON  |  TUESDAY, 15 MAY 2018
Maurice Blackburn has jumped on the bandwagon, seeking interest to launch a third class action against AMP. Announcing its action today, the law firm is attempting to attract as many AMP shareholders as possible by way of a "market disrupting" commission ...