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

Search Results

Showing 4301 - 4310 of 21764 results for "Dec"

HESTA opposes AGL demerger

JAMIE WILLIAMSON  |  WEDNESDAY, 25 MAY 2022
The industry fund will not back the proposed demerger, saying it will not adequately support decarbonisation efforts and therefore wouldn't serve its members' best interests. HESTA said it has engaged with AGL and decided to vote against the demerger. ...

Total super assets grow to $3.4tn

ANDREW MCKEAN  |  WEDNESDAY, 25 MAY 2022
APRA's latest quarterly superannuation performance statistics show the industry's total assets increased almost 10% over the past year. Super assets totalled $3.4 trillion at the end of March 2022, a 9.7% increase from the year prior. The total assets ...

Rate rise exposes adviser knowledge gap

CHLOE WALKER  |  WEDNESDAY, 25 MAY 2022
As interest rates rise and inflation grows, some are lamenting a possible knowledge and experience gap in the industry, with a considerable number of financial advisers having only ever known a low inflation environment. At its May meeting, the Reserve ...

Pandemic created a new billionaire every 30 hours: Oxfam

CHLOE WALKER  |  WEDNESDAY, 25 MAY 2022
Billionaire wealth soared during and after the pandemic, with a new billionaire created every 30 hours in 2022, a new Oxfam International brief reveals. According to Oxfam, the total wealth of the world's billionaires is now equivalent to 13.9% of global ...

LUCRF Super executive joins Cbus

JAMIE WILLIAMSON  |  WEDNESDAY, 25 MAY 2022
Following its planned merger with AustralianSuper next month, the deputy chief executive of LUCRF Super will join Cbus' leadership team. Antony Thow has been appointed group executive of brand, growth and product, effective July. His appointment follows ...

VanEck carbon credits ETF set to hit ASX

CASSANDRA BALDINI  |  TUESDAY, 24 MAY 2022
VanEck will launch Australia's first carbon credits ETF, tracking the four most actively traded and largest carbon markets and emissions trading schemes (ETS) in the world. Subject to ASX and final regulatory approval VanEck Global Carbon Credits ETF ...

BNY Mellon subsidiary to pay US$1.5m over ESG misstatements

CASSANDRA BALDINI  |  TUESDAY, 24 MAY 2022
BNY Mellon Investment Adviser will pay US$1.5 million to settle charges brought by the Securities and Exchange Commission (SEC) for misstatements and omissions about ESG considerations in making investment decisions for certain mutual funds that it ...

Acadian Asset Management appoints chief executive

ANDREW MCKEAN  |  TUESDAY, 24 MAY 2022
Acadian Asset Management Australia has appointed Gillian Savage as chief executive. Savage replaces Andrew Hair who, after a decade in the role, said he felt like it was time for a change. In total, Hair was with Acadian for over 15 years. Savage will ...

Industry groups welcome Labor government

ANDREW MCKEAN  |  MONDAY, 23 MAY 2022
The Anthony Albanese-led Labor government has been congratulated on its election victory by the Insurance Council of Australia (ICA) and Association of Superannuation Funds of Australia. On the morning Albanese was sworn in as the 31 st prime minister ...

Citi names new head of securities services

CASSANDRA BALDINI  |  MONDAY, 23 MAY 2022
Citi Australia has appointed Mark England as the new head of securities services following the retirement of long serving executive Martin Carpenter. England, the current co-head of sales for Citi Securities will relocate from Hong Kong to Australia ...