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

Search Results

Showing 551 - 560 of 32372 results for "ALS"

GBST aims to capitalise on innovation with new hire

MATTHEW WAI  |  THURSDAY, 26 FEB 2026
GBST has named an AI transformation lead to accelerate the adoption of artificial intelligence (AI) across its global operations and product suite. Based in Sydney, Jai Swaminathan has joined the digital solutions provider in the newly created role ...

AFCA receives record complaints in 2025

MATTHEW WAI  |  THURSDAY, 26 FEB 2026
The Australian Financial Complaints Authority (AFCA) received a record number of complaints in 2025, with 111,373 complaints filed in the 12 months to December 31 - up 14% from 2024. Since its establishment, AFCA has received more than 634,000 complaints. ...

CFS cuts ties with Otivo, launches own super advice

KARREN VERGARA  |  WEDNESDAY, 25 FEB 2026
Colonial First State (CFS) has ceased its partnership with digital advice technology provider Otivo less than two years after joining forces, opting instead to launch an in-house offering called Super Advice. As of February 23, the Otivo digital advice ...

L1 Group realises $24m of $35m merger cost synergies

RIDDHIMA TALWANI  |  WEDNESDAY, 25 FEB 2026
L1 Group has already recognised $24 million in cost reductions since the merger of L1 Capital and Platinum Asset Management in October formed the new entity; it expects additional $10 million in synergies in the next financial year. It reported a rise ...

Iress sticks to simplification plan, will consider "bona fide" takeover bids

RIDDHIMA TALWANI  |  WEDNESDAY, 25 FEB 2026
Iress is firmly focused on simplifying its software portfolio, centering it around wealth and trading and market data, while saying it will consider any bona fide takeover proposals consistent with its fiduciary duties. It has reported a profit of $79.3 ...

Unintended consequences of passive investing materialise: MFS

KARREN VERGARA  |  WEDNESDAY, 25 FEB 2026
The unintended consequences of the passive investing boom are materialising into ownership concentration, short termism and the erosion of long-term value creation, MFS Investment Management warns. Carol Geremia, president and co-head of global distribution ...

GDG reports record FUM growth, eyes stronger second half

MATTHEW WAI  |  WEDNESDAY, 25 FEB 2026
Generation Development Group (GDG) saw strong returns across all its business lines in the six months to 31 December 2025, with net profit after tax growing 63% to $20.1 million in the period. The group is now targeting even better performance in the ...

Inflation rises 3.8%, rate rise 'firmly in play'

ELIZA BAVIN  |  WEDNESDAY, 25 FEB 2026
The Consumer Price Index (CPI) rose 3.8% in the 12 months to January 2026, according to the Australian Bureau of Statistics (ABS). "The 3.8% annual CPI inflation to January was unchanged from December," ABS head of prices statistics Michelle Marquardt ...

Governance issues on the rise: ASIC

ELIZA BAVIN  |  WEDNESDAY, 25 FEB 2026
In the six months from 1 July 2025 to 31 December 2025, the corporate watchdog received 9686 reports of misconduct (ROMs), raising 13,036 issues, new data from ASIC shows. ASIC said the increase in ROMs was driven largely by corporate governance concerns ...

Regal profits rise 65%, Pacific Current reports $11.7m loss

ELIZA BAVIN  |  TUESDAY, 24 FEB 2026
Regal Partners has delivered a full-year normalised net profit after tax (NPAT) of $160.5 million, up 65% from the year prior. In the year to 31 December 2025, Regal saw funds under management (FUM) increase 16% to $20.9 billion, supported by strong ...