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

Search Results

Showing 4621 - 4630 of 17956 results for "Bank"

SMSF investments reach far and wide

HARRISON WORLEY  |  MONDAY, 4 FEB 2019
Seeking diversification, self-managed superannuation funds are pushing more retirement funds into assets such as marina berths and indigenous artworks. Latest research from SuperConcepts reveals the big ticket items held within SMSFs. Gold and silver ...

Former adviser steals $5m from clients

JAMIE WILLIAMSON  |  MONDAY, 4 FEB 2019
... Gibbs stole $4.88 million of his clients' money, largely from self-managed superannuation funds he could access via their bank accounts. It is also alleged that between 25 June 2012 and 30 July 2016, Gibbs created and used false documents including banking ...

Hiring outlook subdued: Poll

KARREN VERGARA  |  MONDAY, 4 FEB 2019
Despite numerous job indices recording a rosy hiring outlook in 2019, Financial Standard's latest poll shows readership optimism is more subdued. Half of the financial services firms surveyed plan to decrease headcount this year. About a third (30%) ...

Commonwealth FP fails to meet EU obligations

JAMIE WILLIAMSON  |  MONDAY, 4 FEB 2019
Hours before the final report from the Royal Commission goes public, Commonwealth Financial Planning has been ordered by ASIC to stop charging ongoing service fees. It is also barred from entering any new ongoing service arrangements with customers. ...

Chief economist update: Time for an RBA shift to neutral

BENJAMIN ONG  |  MONDAY, 4 FEB 2019
... medium-term objective, then we would not restrict the economy's growth," Former RBA Governor Ian Macfarlane Current Reserve Bank of Australia (RBA) governor Philip Lowe and the distinguished men and women of the board are scheduled to hold their ...

Royal Commission to suppress bank stocks

KARREN VERGARA  |  MONDAY, 4 FEB 2019
... Hyperion Asset Management chief investment officer Mark Arnold says the Brisbane-based fund manager does not invest in any bank stocks in its Aussie portfolios. "The reason for that is we are going into a deleveraging period," he told Financial Standard. ...

Link sells a slice of $1.5 billion acquisition

KANIKA SOOD  |  FRIDAY, 1 FEB 2019
Link Group is selling a part of a business it acquired for $1.5 billion in 2017, with the proceeds going to pay down debt. The ASX-listed company has entered a binding agreement to sell its corporate and private clients (CPCS) business to Apex Group ...

Morningstar distribution executive joins fund manager

JAMIE WILLIAMSON  |  FRIDAY, 1 FEB 2019
... Netwealth, HUB24 and Praemium. The fund is modelled on Milford's Active Growth Fund and targets a return of 5% above the Reserve Bank of Australia cash rate with an unconstrained approach. The fund is managed by Sydney-based chief investment officer ...

DomaCom partners with big four bank

HARRISON WORLEY  |  FRIDAY, 1 FEB 2019
A big four bank will pilot fractional property investing with DomaCom. The investment platform said it had partnered with an unnamed big four bank, who is set to launch a six-month pilot for fractional investment with the firm. According to DomaCom ...

Challenger boutique appoints chief operating officer

KANIKA SOOD  |  THURSDAY, 31 JAN 2019
... from investors, raising a little over $1 million since. The boutique added two people to its team in September. Deutsche Bank fixed income research expert Jean Dumas joined Ardea's investment strategy team, while Darren Wadhera joined its portfolio ...