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

Search Results

Showing 4021 - 4030 of 28255 results for "NOT"

Invest Blue trials nine-day fortnight for advisers

CASSANDRA BALDINI  |  MONDAY, 13 MAR 2023
... said. "Geographically, our people are spread out in many different locations so trust and transparency are critical. It is not uncommon to have teams that work together operating from different offices or from home. We have established operational rhythms ...

APRA preserves life insurance prudential standards

KARREN VERGARA  |  FRIDAY, 10 MAR 2023
... relation to one standard, LPS 360, with proposed technical modifications that would impact specific entities. APRA has decided to not incorporate these suggestions at this stage but will consider these further when reviewing the insurance prudential ...

Advice firms trading at premium: Broker

KARREN VERGARA  |  FRIDAY, 10 MAR 2023
... read. Large financial planning businesses in both city and regional areas that earn $3 million or more in revenue and are not co-located with the buyer can fetch between 5x-7x EBITDA. For risk and super-only practices, buyers are willing to pay between ...

First Super awards ESG mandate

RACHEL ALEMBAKIS  |  FRIDAY, 10 MAR 2023
First Super has appointed IFM Investors to manage a new indexed international equities strategy with a focus on governance and labour rights. The new strategy is designed to provide exposure to a diversified portfolio of global (ex-Australia) publicly ...

Gender lens approach wins: Steed

CHLOE WALKER  |  FRIDAY, 10 MAR 2023
... don't just think of wealth as an end, they think of it as a means to an end," she said. "They're actually thinking not just about growing money, but about how it impacts social causes or environmental causes. So the more women can control wealth ...

ASIC issues more interim stop orders

CASSANDRA BALDINI  |  FRIDAY, 10 MAR 2023
... the product. It was also concerned that the TMD included knowledge and experience criteria for the target market that are not described with objective, tangible parameters. ASIC also flagged unreasonably long periods for distributors to report complaints ...

FPA voices concern on proposed CSLR, FAR laws

ANDREW MCKEAN  |  FRIDAY, 10 MAR 2023
... October 2022, receiving strong support at the time. Treasury stated that MIS's being brought under the remit of the CSLR would not be considered as part of the review. Another area of concern for the FPA is the 'moral hazard' of compliant businesses ...

Dodgy advice bill nears $5bn: ASIC

CASSANDRA BALDINI  |  FRIDAY, 10 MAR 2023
... identify and deal with non-compliant advice. For example, personal advice provided to a retail client by an adviser who did not comply with the relevant conduct obligations in the Corporations Act, such as the obligations to give appropriate advice or ...

Inflation decimates retiree purchasing power

ANDREW MCKEAN  |  FRIDAY, 10 MAR 2023
... quarter of 2022, inflation has become an increasingly pressing issue for retirees, who worry that their retirement income may not be enough to sustain their cost of living. Even if the Reserve Bank of Australia (RBA) returns inflation back to its 2-3% ...

Review of managed investment schemes kicks off

JAMIE WILLIAMSON  |  THURSDAY, 9 MAR 2023
... operators that damage the reputation of the broader industry and pose risks to consumers." He added: "The MIS Review is right not to focus on whether the managed investment schemes should be brought within the scope of the Compensation Scheme of Last ...