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

Search Results

Showing 5151 - 5160 of 14213 results for "Interest"

Pinnacle expands distribution team

KANIKA SOOD  |  MONDAY, 10 SEP 2018
... acquisitions, paying $4 million for a 40% equity stake in Omega Global Investors. It also agreed to pay $46 million for a 35% interest in Metrics Credit Partners. In May, former Macquarie stock pickers set up shop at Pinnacle with a new boutique firm ...

Philanthropic sector advocates transparency facelift

DARREN SNYDER  |  MONDAY, 10 SEP 2018
... previously unimagined ways." Users will be able to see funding trends, identify who else is funding in their areas of interest, and discover potential new partners for collaboration. Searches can be made by grant, grant-maker and grant recipient location. ...

Australian retirement outcomes among the best

HARRISON WORLEY  |  FRIDAY, 7 SEP 2018
... The score draws on 18 indicators, including life expectancy income per capita, old age dependency, inflation and real interest rates. Chief executive of Natixis' Australian operations Damon Hambly said compulsory superannuation was largely responsible ...

MLC, NULIS in court over $100m in illegitimate fees

JAMIE WILLIAMSON  |  THURSDAY, 6 SEP 2018
ASIC commenced Federal Court action against MLC Nominees and NULIS today in relation to the significant advice fees charged to superannuation members despite no financial advice being provided. ASIC alleges NULIS and MLC Nominees - the current and former ...

Philanthropic forces shift asset allocation

DARREN SNYDER  |  THURSDAY, 6 SEP 2018
... campaign" where it attempts to convince the broad public that philanthropy is good for them and brings them across the self-interest journey. It would encourage the donations line not to slide further, he said. Impact Generation Partners founder Amanda ...

Trustees caught in a balancing act

KARREN VERGARA  |  THURSDAY, 6 SEP 2018
The financial services Royal Commission exposed substantial breaches of fiduciary duties that show superannuation trustees have to lift their game and improve governance standards, a legal expert says. Holding Redlich partner Paul Faure told the AIST ...

Boutique manager expands fixed income team

KANIKA SOOD  |  WEDNESDAY, 5 SEP 2018
... spent 13 years in fixed income trading positions for the bank in London and Sydney, focused on global volatility and interest rate derivative markets. Ardea has also added Darren Wadhera to its portfolio implementation team to broaden its risk management ...

Former MyPlanner adviser fails best interests test

JAMIE WILLIAMSON  |  WEDNESDAY, 5 SEP 2018
... consider and properly investigate the subject matter of the advice. ASIC determined that Allen did not comply with the best interest duty and its related obligations, nor comply with the reasonable basis requirements for financial product advice provided ...

ETFs increasingly used to trade risk

HARRISON WORLEY  |  WEDNESDAY, 5 SEP 2018
Institutional investors are increasingly turning to exchange-traded funds in times of volatility, using them as a price discovery tool and to trade risk. Speaking at the Financial Standard Best Practice ETF Forum in Sydney yesterday, BlackRock Investment ...

APRA to reopen old wounds for CBA, IOOF

KARREN VERGARA  |  WEDNESDAY, 5 SEP 2018
... long, she said. When counsel assisting Michael Hodge asked if APRA had concerns if retail RSEs acted in their own self-interest regarding transfers to MySuper, Rowell said it was not a matter APRA "specifically focused on." APRA countered in its submission ...