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

Search Results

Showing 301 - 310 of 1064 results for "Secret"

US faces deepest recession on record

ALLY SELBY  |  FRIDAY, 3 APR 2020
The US is facing a COVID-19 triggered recession that will be the worst on record, according to Bank of America economists. It comes as about 6.65 million people filed for unemployment in the US this week, in the highest level of claims received by the ...

ACTU pokes holes in JobKeeper

HARRISON WORLEY  |  WEDNESDAY, 1 APR 2020
The Australian Council of Trade Unions believes the government's JobKeeper program is still flawed, though is glad the calls of Australian workers have been heard. ACTU secretary Sally McManus has called for the government to revise its $130 billion ...

ANZ wealth exit sees hundreds of jobs go

ELIZABETH MCARTHUR  |  MONDAY, 9 MAR 2020
The Financial Services Union has lashed out at ANZ for plans to cut 230 jobs from its private bank and financial advice businesses. The FSU said that in a memo, ANZ told staff that it was committed to helping rebuild trust in the financial advice industry. ...

Take pride in super: Rice Warner

HARRISON WORLEY  |  FRIDAY, 6 MAR 2020
While debate continues to rage about the efficacy of superannuation as the Retirement Income Review prepares to deliver its final report in June, Rice Warner has called on Australians to be proud of the system. In a blog post to its website, the superannuation ...

HUB24 appoints interim chief financial officer

ALLY SELBY  |  THURSDAY, 5 MAR 2020
Wealth management platform HUB24 has appointed a new interim chief financial officer and joint company secretary following the incumbent's resignation in December last year. Debbie Last has nabbed the role, effective today, and brings with her 25 years ...

Retirement review goes off the rails

HARRISON WORLEY  |  FRIDAY, 28 FEB 2020
Superannuation experts are concerned the retirement income review may be getting out of hand, evidenced by numerous stakeholder submissions straying from the consultation guidelines by proposing a complete transformation of the super system. At the ...

Ellerston LIC chair resigns

KANIKA SOOD  |  THURSDAY, 20 FEB 2020
Ashok Jacob has resigned as the chair of the $143 million Ellerston Asian Investments, as another Ellerston LIC looks to delist after being pursued by an activist investor. Ellerston Asian Investments (EAI) will now be chaired by Bill Best, who has ...

Status quo not option for remuneration: APRA

ELIZA BAVIN  |  THURSDAY, 20 FEB 2020
... across various stakeholders on how best to promote appropriate remuneration outcomes for executives," Rowell said. "It's no secret that much of the feedback was critical of what APRA was proposing, including the 50% cap on the use of financial metrics ...

AustralianSuper adds to board

JAMIE WILLIAMSON  |  FRIDAY, 7 FEB 2020
AustralianSuper has appointed a new board director from the Australian Manufacturing Workers Union. The nation's largest superannuation fund has welcomed Glenn Thompson to its board. He replaces Paul Bastian who joined the board in 2013. Thompson ...

OneVue takes control of Sargon stake in Sequoia

KANIKA SOOD  |  THURSDAY, 6 FEB 2020
OneVue Holdings has taken control of a Sargon subsidiary's 19% stake in ASX-listed wealth and advice firm Sequoia Financial Group, as its looks to recoup $31 million. The Sequoia stake is worth about $4.6 million at Tuesday's closing price of 20 cents. ...