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Financial Standard nominated for Publication of the Year

STAFF WRITER  |  WEDNESDAY, 28 AUG 2024
Financial Standard is proud to be a finalist in the inaugural Impact Awards, nominated for Financial Services Publication of the Year. Established by Activam Group, the Impact Awards aim to "highlight those who make a meaningful difference by encouraging ...

Australia a 'regional private wealth hotspot': Preqin

ANDREW MCKEAN  |  WEDNESDAY, 28 AUG 2024
Australia is a top regional private wealth hotspot, with the greatest proportion of investors, many of whom are looking to alternatives, according to a Preqin report. The data provider's report highlighted that among all private wealth investors in ...

APRA reorganises as it sets sights on superannuation

ELIZA BAVIN  |  WEDNESDAY, 28 AUG 2024
... maintain the "strength and stability of Australia's banks, insurers and superannuation trustees over the next four years". APRA's top priorities will include working with ASIC to ensure superannuation trustees meet their requirements under the Retirement ...

Vale Greg Bright

JAMIE WILLIAMSON  |  TUESDAY, 27 AUG 2024
... News, IFA, Investor Supermarket, Investor Weekly, IO&C News, Master Funds Quarterly, Professional Planner, Super Review, and Top 1000 Funds. In 1994, Rainmaker Information launched the Rainmaker Marketing Symposium - now the Financial Standard Marketing ...

AustralianSuper takes monster hit on Pluralsight

ANDREW MCKEAN  |  TUESDAY, 27 AUG 2024
... Hargraves, who joined the fund in August last year, said it remains strongly committed to private equity, as it's been the top performing asset class over five and 10 years for the fund, delivering returns of 10% and 12%, respectively. "The higher ...

Heightened costs push young Aussies to plan ahead: HESTA

MATTHEW WAI  |  TUESDAY, 27 AUG 2024
... their super due to financial hardship or cut back on salary sacrifice contributions. Further, the study revealed that the top concern of retirement was running out of money, with most of those under 40 (68%) citing this, as well as 64% of the 40-54 cohort ...

360 Capital returns to profit in FY24

KARREN VERGARA  |  MONDAY, 26 AUG 2024
... FY25 is showing signs that we are closer to the bottom of the Australian commercial real estate market correction than the top and particularly in real estate credit investing, the group is seeing risk-adjusted opportunities and starting to execute on ...

ANZ hit with $250m capital penalty

ELIZA BAVIN  |  FRIDAY, 23 AUG 2024
... concerns that the bank has not adequately addressed deficiencies in controls, risk culture, governance, and accountability. On top of the $750 million operational risk capital add-on, ANX will be required to appoint an independent party to review the ...

New bill seeks to block investments involving Cbus

ANDREW MCKEAN  |  THURSDAY, 22 AUG 2024
... sole focus is on delivering the best possible financial returns for our members, as we have done for the last 40 years as a top performing super fund," he said. The CFMEU currently has three board members on the Cbus board. However, Cbus has previously ...

Centrepoint profit jumps, grows advisers

ELIZA BAVIN  |  THURSDAY, 22 AUG 2024
... financial year," it said. "In contrast, many other licensee companies continue to see attrition of financial advisers. "Of the top 10 licensee firms in Australia only three had net growth, with seven of the top 10 firms losing over 300 advisers collectively. ...