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

Search Results

Showing 531 - 540 of 4153 results for "April"

Iress sells MFA business, reports $140m loss

CASSANDRA BALDINI  |  MONDAY, 21 AUG 2023
... be used to pay down debt, with platform divestment a key part of Iress' refreshed strategy, originally announced in April, allowing it to focus on core business. Iress acquired the MFA business in November 2020 and said it has over $900 billion in ...

Crypto lender sentenced for false licence

CHLOE WALKER  |  FRIDAY, 18 AUG 2023
... pleaded guilty to the conduct, and this was taken into account upon sentencing," ASIC said. The charges were brought in April 2022. The maximum penalty for a contravention of this type is one year in prison and/or a fine of $25,200. A second charge relating ...

ASIC proposes five-year extension to DDO

ANDREW MCKEAN  |  WEDNESDAY, 16 AUG 2023
... especially when their shareholding doesn't entitle them to personal financial gains. The decision follows APRA's April 2023 consultation on the draft instrument.

Dexus reports $752.7m loss

CASSANDRA BALDINI  |  WEDNESDAY, 16 AUG 2023
... slump, which translates to 14.7 cents per stapled security, however the results are in line with revised guidance provided in April 2023. Mirvac reported a downward revaluation of its investment property portfolio, reflecting decreases of -5.6% for office ...

MFS appoints new country head

CASSANDRA BALDINI  |  TUESDAY, 15 AUG 2023
... the global client group. Meantime, Poirier will retire after 30 years in the industry and will officially depart MFS in April next year. Commenting on the change, MFS global head of distribution Carol Geremia thanked Poirier for her many contributions. ...

Franklin Templeton launches alternatives fund in Australia

CASSANDRA BALDINI  |  TUESDAY, 15 AUG 2023
... monitoring, and mitigating risks. It is overseen by head of direct trading and quantitative strategies Paul Fraynt. Incepted in April, it currently has total net assets of $0.99 million. "We chose to bring this fund to market to provide access for Australian ...

APRA finalises framework for MySuper products

ANDREW MCKEAN  |  THURSDAY, 10 AUG 2023
... the amalgamation of MySuper product performance histories. The announcement marks the culmination of consultations held in April 2023. The Superannuation Technical Determination No.1 of 2023 allows APRA to combine performance histories for all MySuper ...

ASIC sues debt management firm, director

CHLOE WALKER  |  THURSDAY, 10 AUG 2023
... It has also taken legal action against Bakken's director and co-owner Merrilyn Mansfield. ASIC has alleged that between April 2020 to June 2022, Solve My Debt Now exploited customers who were experiencing financial hardship by offering to manage their ...

Lonsec appoints new investments leadership

CHLOE WALKER  |  THURSDAY, 10 AUG 2023
... Lonsec Investment Solutions portfolios. He replaces Lukasz de Pourbaix, who left Lonsec to pursue another opportunity in April. Commenting on Lim's appointment, Lonsec chief executive Mike Wright said: "We are delighted that Nathan is joining Lonsec ...

Treasury consults again on FFSP exemptions

JAMIE WILLIAMSON  |  TUESDAY, 8 AUG 2023
... regulatory oversight. Within the Bill, the government is making four key changes to existing legislation it hopes to introduce in April 2024. These are creating a professional investor exemption; comparable regulator exemption; market maker exemption ...