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Showing 331 - 340 of 10602 results for "Standard"

BlackRock looks to add Bitcoin ETF to local suite

MATTHEW WAI  |  WEDNESDAY, 15 OCT 2025
... 82.67% since inception in January 2024. It has a 100% weighting in Bitcoin and charges a 0.25% management fee. Financial Standard understands BlackRock is looking to tap into the growing demand from Australian investors for dedicated products investing ...

APRA lifts final Westpac capital add-on

KARREN VERGARA  |  WEDNESDAY, 15 OCT 2025
... Therese McCarthy Hockey added that as a "systemically important bank" APRA expects Westpac to hold itself to the requisite standard of prudent risk management and governance practices. "Completion of this risk transformation program is a vital step in ...

Classic 60/40 approach underdelivers for women retirees

JAMIE WILLIAMSON  |  TUESDAY, 14 OCT 2025
... time. For the first 10 years, Monash used 25-year rolling mean returns of 5.59% for equities and 1.23% for bonds. The standard deviation for equities was 13.49% and 7.32% for bonds, with 0.508 correlation. For years 11-25, it assumed a return of 6.69% ...

ASIC exposes holes in managed funds' offshoring cyber controls

KARREN VERGARA  |  MONDAY, 13 OCT 2025
... countries in a 12-month period," ASIC said. In May, Lifestyle Solutions Financial Planning's Daniel Boce told Financial Standard that his personal assistant located in the Philippines was denied information relating to a third-party authority sent ...

Insurers design framework for dealing with mental health claims

MATTHEW WAI  |  MONDAY, 13 OCT 2025
The Council of Australian Life Insurers (CALI) is developing an industry action plan for mental health claims over the next 12 months, working with an expert panel from related fields to ensure claimants are assessed appropriately. The framework will ...

ASIC slams licensees' lax offshoring governance

KARREN VERGARA  |  FRIDAY, 10 OCT 2025
Most financial advice licensees that rely on offshore service providers (OSPs) fail to adequately assess, monitor and audit their arrangements thus putting their processes and business at risk, a new ASIC investigation reveals. ASIC's review of 10 financial ...

End of an era: Longtime Platinum exec exits

ELIZABETH FRY  |  THURSDAY, 9 OCT 2025
... communicator for adviser presentations. After five years, he left for a brief stint in Singapore, where he helped build Standard Chartered's equities broking business. He returned to work with Neilson in 2013 as an investment specialist, strengthening ...

ASIC raises alarm on auditor independence, conflicts of interest

KARREN VERGARA  |  WEDNESDAY, 8 OCT 2025
Too many auditors are failing the independence test and breaching conflicts of interest obligations, according to an ASIC investigation. A review of 15 audit firms saw nine did not meet rotation requirements while five of them had "relevant relationships" ...

Platform trustees told to improve investment governance

JAMIE WILLIAMSON  |  TUESDAY, 7 OCT 2025
The regulator has written to platform trustees in the wake of the First Guardian and Shield Master Fund collapses, alerting them to the need to strengthen their investment governance processes. In its letter, it shared initial findings from the thematic ...

Aware Super, TelstraSuper advance merger plans

KARREN VERGARA  |  TUESDAY, 7 OCT 2025
... finalised. CareSuper took on MIESF's almost 17,000 members and about $1.1 billion in funds under management. Financial Standard understands several MIESF staff have moved over to CareSuper for the long term, and the MIESF executive team is providing ...