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

Search Results

Showing 4831 - 4840 of 28259 results for "NOT"

Liberals should liberate Australians from super: Bragg

ANDREW MCKEAN  |  THURSDAY, 26 MAY 2022
... have." However, "the early drawdown by certain labour force groups, especially those who have just joined the workforce is not ideal", she added. Akhtar said: "They have not contributed enough to the system and often, they waste early access withdrawals ...

Westpac offloads BT super funds to Mercer

JAMIE WILLIAMSON  |  THURSDAY, 26 MAY 2022
... will merge its personal and corporate superannuation funds into Mercer in the first half of next year; the agreement does not include superannuation held on the Panorama or Asgard platforms. The Westpac Group Super Plan is included in the deal which ...

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
... on the decision, RBA governor Philip Lowe flagged that the increase will be the first of a series of rises. "The board is not on a pre-set path and will be guided by the evidence and data as it takes the necessary steps to achieve the medium-term inflation ...

Pandemic created a new billionaire every 30 hours: Oxfam

CHLOE WALKER  |  WEDNESDAY, 25 MAY 2022
... year. Meanwhile, nearly a million people could be pushed into extreme poverty at the same rate. "Billionaires fortunes have not necessarily increased because they are smarter or working harder," Oxfam's executive director Gabriela Bucher said. "Workers ...

Income Asset Management wins mandate

JAMIE WILLIAMSON  |  TUESDAY, 24 MAY 2022
The ASX-listed investment group will oversee $160 million in bond holdings for a not-for-profit. Income Asset Management (IAM) said the tender was awarded following an competitive tender process, with the unnamed NFP joining more than 45 other organisations ...

Australian dividends shatter pre-pandemic records: Janus Henderson

ANDREW MCKEAN  |  TUESDAY, 24 MAY 2022
... Henderson specifically spotlighted BHP's momentous dividend impact. After taking imputation credits into account, BHP was not only the largest payer in the world between April 2021 and March 2022 but also made up almost one-third of all dividends paid ...

VanEck carbon credits ETF set to hit ASX

CASSANDRA BALDINI  |  TUESDAY, 24 MAY 2022
... prices potentially increase. VanEck's chief executive and managing director of Asia Pacific Arian Neiron said Australia does not have a carbon credit 'cap and trading' scheme, making it the first to hit market. "This opportunity is important because ...

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

CASSANDRA BALDINI  |  TUESDAY, 24 MAY 2022
... investor demand for such strategies and investments," he said. "Here, our order finds that BNY Mellon Investment Adviser did not always perform the ESG quality review that it disclosed using as part of its investment selection process for certain mutual ...