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

Search Results

Showing 381 - 390 of 6227 results for "Money"

Government to 'crack down further' on financial abuse

ANDREW MCKEAN  |  WEDNESDAY, 23 APR 2025
... "The superannuation sector stands united and will work with government to bring about the reforms needed to keep members' money out of the hands of abusers." SMC deputy chief executive Georgia Brumby said these reforms are about standing up for victims ...

Industry veteran joins Aus Ethical

ELIZABETH FRY  |  THURSDAY, 17 APR 2025
... decades in financial services and consulting with previous roles including chief executive of Colonial First State, Virgin Money and Bank of Queensland. "Brian is a seasoned financial services executive and highly experienced Non-executive director ...

Shield Master Fund terminated, new receivers for Keystone Asset Management

KARREN VERGARA  |  WEDNESDAY, 16 APR 2025
... Australia, and Next Generation Advice having recommended investment in the Shield Master Fund. About $100 million of investor money has allegedly disappeared. In an update to investors, Alvarez & Marsal said: "We confirm that redemptions in the Shield ...

Nearly $9bn leaves Perpetual

KARREN VERGARA  |  WEDNESDAY, 16 APR 2025
Nearly $9 billion of investor money exited Perpetual in the March quarter, leaving its total assets under management (AUM) at $221.2 billion. The fund manager was hit hard by net outflows of $8.9 billion and negative currency movements of $0.9 billion ...

Aussies prefer advisers, analyst notes over social media

KARREN VERGARA  |  TUESDAY, 15 APR 2025
... taking a holistic view of their finances. The HSBC survey also found that Australian investors now think they need more money to start investing compared to last year. Younger Australians believe they need more than $20,000 to start investing. They are ...

NGS Super to launch lifetime income product

MATTHEW WAI  |  TUESDAY, 15 APR 2025
... said. "When we asked Australians over 60 what made them happy, three things stood out: good physical health (59%), enough money to enjoy life (41%), and good mental health (38%)." The report also revealed that a third of women over 60 (34%) are "extremely ...

GESB expands leadership team

JAMIE WILLIAMSON  |  MONDAY, 14 APR 2025
... and Colonial First State. At GESB, Smith is responsible for member and employer experience, while also ensuring value for money super and retirement products. She will oversee brand, communications and digital, insurance, key account management, member ...

AustralianSuper says cyberattack losses total $750k

ELIZA BAVIN  |  MONDAY, 14 APR 2025
... A spokesperson for Rest confirmed to Financial Standard that while there was suspicious activity on member accounts, no money was lost. "No money was transferred out of Rest member accounts as a result of this incident. We have contacted impacted members ...

Short-term noise reinforces long-term investment thinking: ART

KARREN VERGARA  |  FRIDAY, 11 APR 2025
... The average age of an ART member is about 40, which means that the super fund is "hopefully going to be investing their money the next 20, 30, 40 and 50 years and that has to be part of that mindset." The investment team is confident that the next decade ...

Paying more fees doesn't speed up superannuation death benefit payouts

ANDREW MCKEAN  |  THURSDAY, 10 APR 2025
... force Australians to "suffer the stress" of navigating with a complicated process while mourning, and "denied access to money they're entitled too," some suggested poor service standards are a consequence of super fund's fees being slashed to the bone. ...