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

Search Results

Showing 331 - 340 of 4199 results for "Action"

Dexus accused of breaching confidentiality in airport stake sale

ANDREW MCKEAN  |  FRIDAY, 16 MAY 2025
... according to the allegations made. It's been reported that IFM Investors, which owns 25% of APAC, is leading the legal action against Dexus with the backing of other APAC shareholders, including the Future Fund, NSW TCorp, and Morrison-managed Utilities ...

Patience urged over 'shortsighted' super tax

ELIZA BAVIN  |  FRIDAY, 16 MAY 2025
... Meanwhile, Heffron managing director Meg Heffron said while for some a "don't act now" approach would be the best course of action - there is one group of SMSF members facing a difficult choice. "Division 296 tax depends heavily on how a member's 'total ...

NAB MySuper class action settlement approved

JAMIE WILLIAMSON  |  WEDNESDAY, 14 MAY 2025
... was reached in December. At the end of 2024, MLC Super Fund, NULIS Nominees and MLC Nominees agreed to settle the class action that was brought against it for deferring the transition of members to MySuper products. The case was brought by Maurice Blackburn ...

Macquarie raked over the coals again by ASIC

ANDREW MCKEAN  |  WEDNESDAY, 14 MAY 2025
... that "investors expect reliable information" to analyse market movements and make informed investment decisions. "This action is timely given significant recent global market volatility. Macquarie Securities repeated systemic failure to detect and resolve ...

AMP, intelliflo introduce dashboard enhancements for advisers

MATTHEW WAI  |  TUESDAY, 13 MAY 2025
... FileNote assistant in March, AMP has brought a newly-enhanced Actively Management Dashboard to streamline management and action client requests on the wrap investment platform North. The dashboard is a centralised tool that enables advice practices to ...

Daniel Mulino takes over financial services portfolio

JAMIE WILLIAMSON  |  TUESDAY, 13 MAY 2025
... the Association of Superannuation Funds of Australia outlined three key areas in which it would like to see Mulino take action. These were improving retirement outcomes through quality advice, implementing Payday Super without delay, and working with ...

HESTA sells out of MinRes after failed engagement

JAMIE WILLIAMSON  |  MONDAY, 12 MAY 2025
... after it was established. The $89 billion fund put MinRes on watch in October last year after it failed to take appropriate action over concerns HESTA had about the company's governance, including allegations of tax evasion and misuse of company resources ...

US financial market dominance can't last indefinitely: MSCI

ANDREW MCKEAN  |  MONDAY, 12 MAY 2025
The US stock market has returned nearly twice as much as international markets since the Global Financial Crisis, which subsequently resulted in its share of global equity market capitalisation approaching almost 70% by the end of last year. History ...

Reducing super tax cap to $2m 'a concern': FAAA

ELIZA BAVIN  |  FRIDAY, 9 MAY 2025
... minister is, we'll certainly be taking to that minister a pretty long list of things that we think are important to get action on soon," Abood said. Abood said after engaging with members, the five key asks of the new financial services minister ...

HCF Life fined $750k for misleading contract term

KARREN VERGARA  |  FRIDAY, 9 MAY 2025
... those terms is modified by, or inconsistent with, provisions of the [Insurance Contracts Act 1 984 (Cth)]". ASIC first took action on HCF Life in May 2023, alleging it used unfair and misleading terms that can deter customers from making a claim. In ...