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

Search Results

Showing 331 - 340 of 1591 results for "Light"

Grant Thornton sells private wealth division

ELIZABETH MCARTHUR  |  FRIDAY, 30 APR 2021
Grant Thornton Australia has sold its private wealth business to its senior team members. The small private wealth team consists of Jon Black, Joanne Kenderes and Laura Perresini. They are the majority owners of Oreana Private, aligned with dealer group ...

Mercer calls for delay to super reforms

JAMIE WILLIAMSON  |  THURSDAY, 8 APR 2021
... national leader for research David Knox echoed the sentiments of the firm's submission that the current draft bills are light on detail in many respects, including the stapled fund approach which will require Australian employers to be heavily involved ...

Chief economist update: RBA promises support over the next three years

BENJAMIN ONG  |  WEDNESDAY, 7 APR 2021
... mid-point of the RBA's 2%-3% target until 2026 when it's forecast to increase by 2.4%. Then again, 2024 and 2026 are light years away. There's so much that could go right or wrong between now and then. In the meantime, "come on, Barbie, let's ...

APRA takes action against Macquarie

ANNABELLE DICKSON  |  THURSDAY, 1 APR 2021
... difficulties in complying with its prudential obligations. We cannot rule out further action as more information comes to light about the root causes of these breaches," APRA deputy chair John Lonsdale said. Macquarie acknowledged the new requirements ...

Mayfair found to have misled

ELIZABETH MCARTHUR  |  WEDNESDAY, 24 MAR 2021
... misleading impression that the Mayfair products were comparable to, and of similar risk profile to, bank term deposits... In light of the evidence relied on by ASIC, the Mayfair products are not comparable to, or a proper alternative to, bank term deposits." ...

Admin fees could balloon from BFID

KARREN VERGARA  |  TUESDAY, 16 MAR 2021
... by weighing up various considerations and generally come back to the best financial interests of members as the "guiding light" when making decisions. "It is a bit naive of the legislation to think that all decisions can be made in the best financial ...

Sunsuper, QSuper confirm merger will go ahead

KARREN VERGARA, JAMIE WILLIAMSON  |  MONDAY, 15 MAR 2021
... are confident that they have a strong leader to transition the merged fund." The Queensland government has given the green light for its biggest superannuation funds to merge. Currently, Sunsuper has some $80.6 billion in assets under management and ...

Retirement income framework on track: Frydenberg

KARREN VERGARA  |  FRIDAY, 26 FEB 2021
... should be no excuse in not providing a strategy or product that leads to better outcomes for members in retirement phase, in light of how much notice they have been given. The Retirement Income Covenant suffered lengthy delays since it was floated in ...

Financial services least trusted industry: Edelman

ELIZABETH MCARTHUR  |  TUESDAY, 23 FEB 2021
... corporates. For example, chief executive credibility was assessed to be at an all time low of -4%. The research also found that in light of the pandemic, people had higher expectations that chief executives and businesses should fill voids in need left ...

Continuous disclosure laws to stay

KARREN VERGARA  |  WEDNESDAY, 17 FEB 2021
... emergency powers to allow public companies to confidently provide earnings guidance, and other forward-looking statements in light of COVID-19 without being exposed to the threat of "opportunistic class actions" if the guidance or other statements are ...