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

Search Results

Showing 3561 - 3570 of 20552 results for "BEN"

State Super rejigs defensives

KANIKA SOOD  |  WEDNESDAY, 2 JUN 2021
State Super has mandated two managers, as it allocates to Australian investment grade corporate credit and global investment grade structured credit. State Super manages about $42 billion in assets, of which about 20% is in defined contribution schemes ...

Forex CT cops $20 million fine

ANNABELLE DICKSON  |  WEDNESDAY, 2 JUN 2021
The Federal Court has handed down a $20 million penalty to Forex Capital Trading for engaging in a system of unconscionable conduct, including the use of high-pressure sales tactics, conflicted remuneration and failing to act in the best interests of ...

Research on education standards and morals launches

KARREN VERGARA  |  WEDNESDAY, 2 JUN 2021
Research that is aiming to determine how formalising educational and ethics requirements impact the moral development of financial advisers is calling for participants. The Western Sydney University is canvassing financial advisers to take part in research ...

How noise impacts trading performance

ELIZABETH MCARTHUR  |  WEDNESDAY, 2 JUN 2021
Did trading desks perform better or worse when they were forced to work from home last year? That is the question UNSW Business school researchers sought to answer. A study by UNSW Business School associate professors Elise Payzan-LeNestour and James ...

Chief economist update: RBA cash rate on ice until 2024

BENJAMIN ONG  |  WEDNESDAY, 2 JUN 2021
Except to reinforce its message that interest rates will remain at record lows "until 2024 at the earliest", the Reserve Bank of Australia's (RBA) June board meeting was largely a ho-hum affair. As expected, the RBA left monetary policy settings ...

Magellan launches FuturePay

ANNABELLE DICKSON  |  TUESDAY, 1 JUN 2021
Magellan has launched its much-anticipated retirement income product today with a pay cheque replacement, having first flagged the idea back in 2017. FuturePay is an actively managed fund available on Chi-X from Wednesday and in an unlisted vehicle ...

Family law super reforms released

ANNABELLE DICKSON  |  TUESDAY, 1 JUN 2021
The government has released the long-awaited exposure draft legislation intended to prevent individuals from hiding superannuation assets in family law proceedings. The exposure draft legislation will use information held by the Australian Taxation ...

Chief economist update: OECD upgrades global growth but advises continued policy support

BENJAMIN ONG  |  TUESDAY, 1 JUN 2021
"The global economy has now returned to pre-pandemic activity levels." This was what the Organisation for Economic Cooperation and Development's (OECD) latest 'Economic Outlook' report revealed as it upgraded its projections for the world ...

UBS AM wholesale client coverage lead departs

KARREN VERGARA  |  MONDAY, 31 MAY 2021
... UBS Asset Management Australia's head of wholesale client coverage has left the firm after nearly four years in the role. Ben Williams joined UBS AM in August 2017, tasked with managing relationships with aligned and independent financial advisers. His ...

CountPlus acquires tech solution

ELIZABETH MCARTHUR  |  MONDAY, 31 MAY 2021
CountPlus announced a 51% investment in a paraplanning and administration service. The listed dealer group has acquired the majority stake in Wealth Axis, which is a boutique provider of paraplanning, technology and administration support services to ...