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

Search Results

Showing 371 - 380 of 2938 results for "DIGI"

BlackRock sets new AUM record

KARREN VERGARA  |  WEDNESDAY, 16 JUL 2025
BlackRock's assets under management have ballooned to a record US$12.5 trillion in June, jumping 18% over the last 12 months. BlackRock chief executive Larry Fink said the fund manager's sustained growth has been powered by its whole portfolio ...

Most Hostplus options achieve double-digit returns

JAMIE WILLIAMSON  |  TUESDAY, 15 JUL 2025
Hostplus returned close to 11% to its MySuper members in FY25, while its popular Indexed Balanced option delivered just over 12%. The Hostplus Balanced (MySuper) option returned 10.81% to members, while the Indexed Balance option turned in 12.02%. Hostplus ...

TAL, Challenger help launch MLC Retirement Boost

KARREN VERGARA  |  TUESDAY, 15 JUL 2025
MLC has partnered with TAL and Challenger to develop a retirement income solution - MLC Retirement Boost. MLC Retirement Boost operates like a standard superannuation account that allows customers to boost their income during retirement due to the concessional ...

Section 899 ditched but companies face tax uncertainties

KARREN VERGARA  |  MONDAY, 14 JUL 2025
While Australian investors breathed a resounding sigh of relief when US President Donald Trump binned section 899 of the One Big Beautiful Bill Act (OBBBA), local multinationals, however, were lumped with grave uncertainties surrounding the global Pillar ...

Hostplus extends MetLife partnership

MATTHEW WAI  |  MONDAY, 14 JUL 2025
Hostplus has extended its group insurance partnership with MetLife Australia until June 2028. Since the inception of the partnership in 2013, Hostplus said its members have enjoyed lower premiums, improved insurance terms, and a more personalised claims ...

Northern Trust selected to test tokenised asset uses

ELIZA BAVIN  |  THURSDAY, 10 JUL 2025
Project Acacia - first announced by the Reserve Bank of Australia (RBA) and Treasury back in September 2024 - will now include industry participants to explore how digital currencies and existing settlement infrastructure might support the development ...

Australia an 'efficient' market for multinationals

MATTHEW WAI  |  WEDNESDAY, 9 JUL 2025
A new report by Mercator by Citco (Mercator) has revealed that while multinational organisations face significantly higher operations demands in Asia-Pacific (APAC), Australia has proven to be one of the most efficient markets. The report found that ...

Brighter Super default members earn 11% in FY25

KARREN VERGARA  |  WEDNESDAY, 9 JUL 2025
Brighter Super's MySuper option achieved 10.9% p.a. for the 2025 financial year, exceeding performance for the medium and long term. The latest result outpaced the three-, five- and 10-year time horizons of 10.3% p.a., 8.2% p.a. and 7.2% p.a. respectively. ...

AustralianSuper readies tech stack for Payday Super

JAMIE WILLIAMSON  |  TUESDAY, 8 JUL 2025
Following a successful pilot program with Rest, Wrkr and MUFG Retirement Solutions will now work on a Payday Super solution for AustralianSuper. Wrkr and MUFG Retirement Solutions will work together to deliver a digital platform that will integrate ...

Insignia finalises 1300 staff transfer to SS&C

KARREN VERGARA  |  MONDAY, 7 JUL 2025
Insignia Financial has finalised the outsourcing of about 1300 staff who worked in the master trust business to SS&C Technologies after striking a deal in February. Last week, staff working in administration, technology and digital teams that support ...