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

Search Results

Showing 441 - 450 of 4334 results for "SLI"

Advisers should service cashed-up investors: FCA

KARREN VERGARA  |  FRIDAY, 4 DEC 2020
A comprehensive study of the UK's retail financial advice industry found that while it is slowly improving, a large gap exists to service consumers sitting on piles of cash. One of the key takeaways from The Financial Advice Market Review, conducted ...

Finance is least ethical sector: Governance Institute

ANNABELLE DICKSON  |  FRIDAY, 27 NOV 2020
The financial services sector has had the highest improvement on an ethics index despite still receiving the lowest score of all sectors, new research shows. Governance Institute of Australia's fifth annual Ethics Index 2020 ranked the banking ...

CFM fund to wind up

KANIKA SOOD  |  WEDNESDAY, 25 NOV 2020
The French quant manager is shutting an Australian fund, after returns slipped into negative territory and fund size stagnates. The CFM Institutional Systematic Diversified used a multi-strategy quantitative approach to target positive returns over ...

Super sneaks back to $3tn in assets

ELIZA BAVIN  |  TUESDAY, 24 NOV 2020
Superannuation assets totaled $2.9 trillion at the end of the September 2020 quarter, according to the latest statistics from APRA. Despite the effects of the government's early release of super scheme, coupled with market volatility and a sharp economic ...

Chief economist update: Australian wages slow but still grow

BENJAMIN ONG  |  THURSDAY, 19 NOV 2020
While many have seen their wages stagnate, or even drop, this year the latest figures from the Australian Bureau Statistics (ABS) shows wages are up slightly from last year. "The September quarter is generally a quarter of solid wage growth, however ...

Poor progress on human rights revealed

ELIZABETH MCARTHUR  |  TUESDAY, 17 NOV 2020
The sad state of human rights concerns among the world's largest corporations has been laid bare in a new benchmarking report, finding little to no progress has been made in the last 12 months. The World Benchmarking Alliance released the fourth edition ...

Chief economist update: Oil could slip on fresh lockdowns

BENJAMIN ONG  |  THURSDAY, 12 NOV 2020
News that a COVID-19 vaccine is nigh has injected optimism in the world economies, financial markets and commodity markets, including oil. Oil prices jumped to two-month highs - WTI oil to US$41.36 per barrel; Brent oil to US$43.61 - following reports ...

Macquarie profits slide 32%

KANIKA SOOD  |  FRIDAY, 6 NOV 2020
Macquarie Group reported $985 million in net profit for the six months ending September, 23% lower than the previous half and 32% lower than same period last year. "Recent months have been overshadowed by the profound human impact of COVID-19 global ...

Pendal profits tumble 25%

KANIKA SOOD  |  WEDNESDAY, 4 NOV 2020
Pendal reported $116.4 million or 25% lower net profit after tax in the year ending September, even as inflows started to pick up in the last three months. The figure includes its seed investments' movements which were marked-to-market. If it weren't ...

RBA cuts rate to new historic low

ELIZA BAVIN  |  TUESDAY, 3 NOV 2020
The Reserve Bank of Australia (RBA) has announced another rate cut, bringing the cash rate down to 0.10% for the first time in history. Not only that, but RBA governor Philip Lowe announced a ramp up of quantitative easing measures, bringing in a new ...