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

Search Results

Showing 5291 - 5300 of 29070 results for "PRI"

AustralianSuper drops premiums

JAMIE WILLIAMSON  |  THURSDAY, 14 APR 2022
AustralianSuper is decreasing some of its insurance premiums from May end, with members to see an average drop of 11%. From May 28, the cost of death, TPD and income protection will change depending on their cover type and work rating, the fund said. ...

J.P. Morgan's net income falls 42%

ANDREW MCKEAN  |  THURSDAY, 14 APR 2022
J.P. Morgan posted a US$8.3 billion net income, a 42% year-on-year drop which missed analyst expectations. The poor result was attributed to a net credit reserve build of $US902 million compared to a net credit reserve release of US$5.2 billion in the ...

Modern Slavery Act needs strengthening: Panel

RACHEL ALEMBAKIS  |  THURSDAY, 14 APR 2022
Australia's Modern Slavery Act is under review for impact and effectiveness, and investors have a role to play in both potentially strengthening the statutory obligations as well as impacting on an issue that is getting worse globally. A panel of ...

L1 Capital portfolio manager leaves to start family office

CHLOE WALKER  |  THURSDAY, 14 APR 2022
After 14 years, Lev Margolin will leave the firm to start his own family office, focusing on a range of opportunities in TMET, gaming, infrastructure, agriculture and financials across both public and private markets. Commenting on his departure, Margolin ...

Harvest Hotels snaps up Wagga pub

CHLOE WALKER  |  THURSDAY, 14 APR 2022
Wagga Wagga's prime-positioned CBD pub, The Vic, has been sold to Harvest Hotels for $29 million. Located on Baylis Street, the popular pub features a separate cocktail bar known as The Loft on the building's first floor, a public bar with TAB and viewing ...

Easter Bunny feels the inflationary pinch

ANDREW MCKEAN  |  THURSDAY, 14 APR 2022
Funds management boutique Firetrail Investments has highlighted soaring cocoa commodity prices this Easter break via its chocolate index. Firetrail's global chocolate index has shown that select cocoa related commodities have risen 32% since the start ...

ISA uncovers disgraceful regional gender super gap

ANDREW MCKEAN  |  THURSDAY, 14 APR 2022
Industry Super Australia has said women in their 40s that live in regional Victorian city Bendigo have half the superannuation of men. It's believed this large divergence first expanded when many local women took time out of the workforce to have children. ...

BlackRock backs stablecoin issuer

CHLOE WALKER  |  WEDNESDAY, 13 APR 2022
Circle Internet Financial has entered into an agreement for a $400 million funding round with investments from BlackRock and Fidelity Management and Research. The global internet finance firm is also the issuer of USD Coin (USDC), one of the fastest ...

Australian Ethical adds to investment committee

CHLOE WALKER  |  WEDNESDAY, 13 APR 2022
Australian Ethical has welcomed three industry veterans to its investment committee. To further boost its leadership in ethical and ESG asset allocation, Australian Ethical has appointed Sean Henaghan, Sandra McCullagh and Steve Rankine to its investment ...

APRA 'digging into' super fund contributions to unions

ANDREW MCKEAN  |  WEDNESDAY, 13 APR 2022
After questioning from Senator Andrew Bragg at Senate estimates, prudential regulator APRA shared it has done some preliminary investigations about payments to unions. Bragg has claimed that superannuation which should be for workers has turned into ...