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

Search Results

Showing 531 - 540 of 2594 results for "SMS"

Vanguard to cull institutional mandates

KANIKA SOOD  |  FRIDAY, 2 OCT 2020
The investing giant will wind up mandates with 12 local institutional investors, as it pivots away from the lower-fee business line to retail, adviser and its in-house super offering. Vanguard will discontinue special mandates but still allow them in ...

SMSF changes unlikely to mushroom new funds

KANIKA SOOD  |  FRIDAY, 25 SEP 2020
Allowing more members in SMSFs is unlikely to spur their establishment rates, according to a submission by University of Sydney's Susan Thorp. Earlier this month, a bill to increase the maximum number of SMSF members from four to six was reintroduced ...

La Trobe completes half billion issuance

ELIZABETH MCARTHUR  |  FRIDAY, 25 SEP 2020
Blackstone owned La Trobe Financial has completed a $500 million residential mortgage backed security (RMBS) issuance. "We are pleased with the pricing this transaction achieved in a market that continues to carry significant uncertainty," La Trobe ...

NowInfinity founders join boutique

KARREN VERGARA  |  THURSDAY, 24 SEP 2020
The founders of NowInfinity have joined a boutique firm that specialises in helping businesses with their succession plans. Amreeta Abbott and Vitalii Symon have joined Succession Plus, a business succession advisory firm with offices nationwide, New ...

Bermuda-based fund launches down under

ALLY SELBY  |  WEDNESDAY, 23 SEP 2020
A boutique manager has launched its Bermuda-based fund to the Australian market, with underlying assets in US life insurance policies. The Life Settlements Fund is projected to return 8-12% per annum according to its manager Laureola Advisors, with ...

Retail fund satisfaction drops

ELIZA BAVIN  |  WEDNESDAY, 23 SEP 2020
Customer satisfaction will retail funds fell by 2.5% while satisfaction in industry funds rose 0.2%, according to new data from Roy Morgan's Superannuation Satisfaction Report. The report shows an overall super fund satisfaction with financial performance ...

Robo advice solution set to launch

ALLY SELBY  |  TUESDAY, 22 SEP 2020
Nucleus Wealth and Arrow Financial Advice have partnered to launch a white label digital advice platform, set to feature actively managed portfolios and over 30 ESG filters. This will make it the most comprehensive robo advice service in the Australian ...

ASIC puts SMSF auditors on notice

ANNABELLE DICKSON  |  MONDAY, 21 SEP 2020
The Australian Securities and Investments Commission imposed tougher registration conditions for two SMSF auditors following a slew of misconduct. William Krammer from Victoria and Yuk Wong from New South Wales have breached auditor independence and ...

CountPlus firm makes acquisition

KARREN VERGARA  |  THURSDAY, 17 SEP 2020
A CountPlus member firm has acquired the accounting revenues of a boutique advice firm. ASX-listed CountPlus's subsidiary AdviceCo will pay $400,000 for accounting revenues of Arch Capital, a boutique wealth advisory firm offering SMSF, tax, accounting ...

SMSF claim over Dreamworld deaths hits snag

ELIZABETH MCARTHUR  |  TUESDAY, 15 SEP 2020
A self-managed super fund has had a request for more information from Ardent Leisure, the owner of Dreamworld, over the Thunder River Rapids deaths in 2016 thrown out. Colin Ingram and Judy Tolloch are lead applicants in a class action being brought ...