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

Search Results

Showing 491 - 500 of 1719 results for "Minimum"

APRA takes action against Westpac

JAMIE WILLIAMSON  |  TUESDAY, 1 DEC 2020
The prudential regulator has launched action against Westpac over material breaches of liquidity standards. The breaches, which were identified during 2019 and 2020, relate to the incorrect treatment of specific funding and loan products for the purposes ...

CFM fund to wind up

KANIKA SOOD  |  WEDNESDAY, 25 NOV 2020
... of the strategy's total assets), universal value and carry (17% each) among others. In March, the fund dropped its minimum investment size from $50,000 to $20,000. The strategy will still be available to Australian investors via the overseas vehicle. ...

End of the road for advice qualifications

JAMIE WILLIAMSON  |  TUESDAY, 24 NOV 2020
... the courses can continue their studies, the courses are no longer available for new enrolments as they do not meet the minimum requirements for entry into financial advice as set by the Financial Adviser Standards and Ethics Authority. However, AQSA ...

Confusion over retirement income objectives

KARREN VERGARA  |  FRIDAY, 20 NOV 2020
... wealth per se or facilitating estate planning". It is about providing a safety net so that older Australians achieve a minimum standard of living in retirement and avoid living in poverty. The concept of "equity" in the system must be clearly defined ...

Macquarie to offer private market solutions

KARREN VERGARA  |  FRIDAY, 20 NOV 2020
A new partnership between Macquarie Investment Management and Wilshire Associates will deliver "institutional-quality" investments to sophisticated investors. Clients will have access to diversified private markets, including private equity, private ...

Give the people advisers: Retirement Income Review

ELIZABETH MCARTHUR  |  FRIDAY, 20 NOV 2020
... such that it will inevitably involve a degree of complexity. The aim, nevertheless, should be to keep the complexity to a minimum," the report said. "Where complexity cannot be avoided, mechanisms are needed to help people understand and navigate the ...

New approach needed for Age Pension: RIR

ANNABELLE DICKSON  |  FRIDAY, 20 NOV 2020
The Age Pension is a vital pillar of the retirement income system and provides most Australians with a minimum standard of living but a new approach is required to ensure retirees that rent reach this goal. The long-awaited Retirement Income Review ...

Fifth pillar in retirement system considered

ELIZA BAVIN  |  FRIDAY, 20 NOV 2020
... The RIR said social transfers in kind are an important factor in influencing retirement outcomes to helping to achieve a minimum standard of retirement. "All sources of income and support that people can draw on to support their standard of living in ...

Spaceship launches new managed fund

KANIKA SOOD  |  WEDNESDAY, 18 NOV 2020
Spaceship is adding a new active equities product to its managed funds lineup, with the fees waived off for first $5000 and 10bps per year after. The Spaceship Earth Portfolio is the third fund in Spaceship Voyager, its $225 million managed funds offering ...

Fintech to take on super with new hire

ELIZA BAVIN  |  MONDAY, 16 NOV 2020
... access to the SMSF space. "Soon, Australians will be able to set up a SMSF without the high barriers of entry, no more minimum investment, no more hassle or difficulty investing super in global companies and markets, and no more legacy technology that ...