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

Search Results

Showing 501 - 510 of 9371 results for "Fee"

AMP actions impacted 'hundreds of thousands' of customers: Shine

ELIZA BAVIN  |  FRIDAY, 4 JUL 2025
Shine Lawyers filed a class action against AMP this week alleging AMP Superannuation has slugged investors with excessive insurance fees. Shine Lawyers confirmed the class action has been filed in the Federal Court of Victoria on behalf of hundreds ...

Fees for no service see former adviser banned

JAMIE WILLIAMSON  |  THURSDAY, 3 JUL 2025
A former financial adviser is now banned for 10 years after she was found to have knowingly charged fees for no service. Kiriley Roper was a director, shareholder and adviser at Lighthouse Partners in Redcliffe, Queensland. ASIC alleges that between ...

Aware Super delivers double digit returns

ELIZA BAVIN  |  THURSDAY, 3 JUL 2025
Aware Super has delivered a return of 11.9% for its Future Saver High Growth option - its default MySuper option for under 55s - for the 2025 financial year. Retirees invested in Aware's Conservative Balanced option also enjoyed strong performance with ...

Major airport lands TelstraSuper as new investor

JAMIE WILLIAMSON  |  WEDNESDAY, 2 JUL 2025
TelstraSuper is making a strategic investment in New York's John F. Kennedy International Airport as it undergoes a major redevelopment. JFK Airport is being transformed, with a US$19 billion project currently underway, including US$15 billion of ...

BUSSQ's boardroom brass cleared, CFMEU spend deemed sound

ANDREW MCKEAN  |  WEDNESDAY, 2 JUL 2025
... SPS 520. Meanwhile, BUSSQ's annual sponsorship deal with the CFMEU, which covers events and promotional services for a flat fee, was found to have achieved its stated purpose, delivered on the objectives outlined in the business case metrics, and included ...

Metrics managing partner departs

ELIZA BAVIN  |  WEDNESDAY, 2 JUL 2025
Metrics Credit Partners has announced that managing partner Graham McNamara has advised the board of his intention to retire, effective 31 March 2026. Metrics said McNamara's retirement forms part of a "carefully managed" leadership transition plan. ...

Aware Super flies the coop with sale to KKR

ELIZA BAVIN  |  WEDNESDAY, 2 JUL 2025
Aware Super has sold its stake in ProTen to KKR for an undisclosed amount. Established in 2001, ProTen develops, owns, and operates farm infrastructure for Australia's poultry supply chain. The company manages poultry infrastructure including more than ...

APRA expects 'no cutting corners' with CPS230

KARREN VERGARA  |  TUESDAY, 1 JUL 2025
APRA is warning superannuation funds "not to cut corners" when in it comes to getting their operational risk management in order as the landmark prudential standard CPS 230 comes into effect today. CPS 230 Operational Risk Management effectively forces ...

State Street Global Advisors rebrands

ELIZA BAVIN  |  TUESDAY, 1 JUL 2025
State Street Global Advisors has announced its new brand name: State Street Investment Management. SSIM said the rebranding highlights the firm's focus on growth and engagement with clients and partners, and its commitment to product innovation ...

RBA powers deemed 'last resort' for critical financial infrastructure fallout

MATTHEW WAI  |  TUESDAY, 1 JUL 2025
The Reserve Bank of Australia (RBA) has released a consultation paper on the proposed draft guidance for the Australian Clearing and Settlement (CS) Facility Resolution Regime. The RBA was provided with "crisis resolution powers" in response to a threat ...