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

Search Results

Showing 361 - 370 of 1038 results for "ARI"

Industry funds face reality of COVID-19 shutdown

ELIZABETH MCARTHUR  |  WEDNESDAY, 25 MAR 2020
The industry superannuation funds for those who work in clubs, hospitality and retail are facing a tough year and have moved to reassure impacted members. With close to or more than half of their members sitting in the millennial age range, the likes ...

Insurers halt some virus cover

ELIZA BAVIN  |  FRIDAY, 20 MAR 2020
Two of the country's biggest insurers have halted cover for COVID-19 for some new customers, in new exclusions since the outbreak of the virus. TAL and MLC Life have introduced new policy provisions for any new customers in response to the COVID-19 ...

InPayTech's ClickSuper grows

HARRISON WORLEY  |  MONDAY, 9 MAR 2020
InPayTech's superannuation payment solution has picked up new payroll provider clients, as cybercrime continues to threaten the super sector. The payment technology company has confirmed seven new payroll providers have joined the firm's integrated ...

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 ...

Regulator clamps down on misleading ESG fund names

ELIZABETH MCARTHUR  |  WEDNESDAY, 4 MAR 2020
The US Securities and Exchange Commission is calling for public comment on how funds are named, in an effort to restrict the use of potentially misleading fund names. ESG, responsible and ethical funds are under the spotlight as the SEC seeks to protect ...

Why Phillip Morris gets ESG points

ELIZABETH MCARTHUR  |  FRIDAY, 28 FEB 2020
Ariel Investments chief investment officer Rupal J. Bhansali shared her contrarian views on ESG investing and why Phillip Morris International makes the cut. "Because we are risk aware managers we are going to be ESG aware," Bhansali said. "We believe ...

Shape up on climate change risk: APRA

ELIZABETH MCARTHUR  |  TUESDAY, 25 FEB 2020
In a letter to all entities it regulates, APRA has said the effects of climate change are being transmitted directly as well as indirectly. APRA will develop a climate change financial risk prudential practice guide, which it says will not be intended ...

FSC calls for CSLR claims cap

ALLY SELBY  |  FRIDAY, 14 FEB 2020
The Financial Services Council (FSC) has called for the government to cap compensation claims over financial misconduct at "reasonable levels" so as not to create a "moral hazard". In a submission to the Treasury's Compensation Scheme of Last Resort ...

Australia's fastest growing investment managers

KANIKA SOOD  |  MONDAY, 10 FEB 2020
A Chicago fund manager tops the list of the 50 fastest-growing investment managers that raise assets from Aussie investors, according to Rainmaker Research. William Blair, whose Sydney office is led by Alexander Rolfe, swelled its FUM from just $7 million ...

The PDS is weak: Rice Warner

ELIZABETH MCARTHUR  |  MONDAY, 3 FEB 2020
New insights from Rice Warner claim product disclosure statements are weak in their ability to actually inform or protect consumers. Last year's report from ASIC on the matter said: "The over-reliance on disclosure in some ways proved an enabler of ...