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Showing 5841 - 5850 of 21771 results for "Dec"

New heatmap shames trustees

KARREN VERGARA  |  FRIDAY, 18 DEC 2020
The same underperforming and costly MySuper products APRA named and shamed last year have failed members again in the latest iteration of the heatmaps. APRA is taking action on 10 MySuper products overseen by eight trustees. It will issue notices for ...

IOOF, BT end platform relationship

ANNABELLE DICKSON  |  FRIDAY, 18 DEC 2020
The wealth manager has ended its decade-long relationship with BT, selecting another platform to provide custody and administration services and build a new raft of super and investment products. BT will continue to provide platform and related services ...

RBA adds former BT director to board

ELIZA BAVIN  |  FRIDAY, 18 DEC 2020
The Morrison government has made two new appointments to the board of the Reserve Bank of Australia (RBA). Alison Watkins and Carolyn Hewson have been appointed members of the RBA board for a five-year period. Hewson is a former investment banker with ...

Almost 3000 advisers gone in 2020

ELIZABETH MCARTHUR  |  FRIDAY, 18 DEC 2020
A total of 2802 financial advisers have departed the industry in 2020, with just 60 new advisers joining, according to Rainmaker analysis of the Financial Adviser Register. AMP Financial Planning lost the most advisers of any AFSL this year, with 323 ...

Real estate investor chief retires

ELIZA BAVIN  |  FRIDAY, 18 DEC 2020
Cromwell Property Group has confirmed that its chief executive will retire after 22 years in the role. Paul Weightman has been chief executive of Cromwell since 1998. The board previously said succession planning had been a regular discussion point ...

Chief economist update: Government spending made money, saved money

BENJAMIN ONG  |  FRIDAY, 18 DEC 2020
The Morrison government has released its Mid-Year Economic Financial Outlook (MYEFO), proving the old saying 'You must spend money to make money' right. This quote, generally attributed to Roman playwright, poet and philosopher Titus Maccius ...

What you read in 2020

JAMIE WILLIAMSON  |  FRIDAY, 18 DEC 2020
As we farewell a year that many will be glad to see the back of, check out Financial Standard 's most read stories for 2020. The COVID-19 pandemic underscores the majority of this year's most widely read stories, as unprecedented shutdowns and ...

FS team picks: The top stories for 2020

ELIZABETH MCARTHUR, KANIKA SOOD  |  THURSDAY, 17 DEC 2020
Of the almost 3500 stories penned this year, these are the stories the Financial Standard team feels defined 2020. The Financial Standard editorial team has written 3484 stories so far in 2020. It wasn't always easy either. Like most of you, we ...

Household wealth hits record high

ELIZA BAVIN  |  THURSDAY, 17 DEC 2020
The COVID-19 pandemic has led to household wealth hitting a record high as Australians stashed their cash during a year plagued with volatile markets and an economic shutdown. Total household wealth increased 1.7% to a record high of $11.35 trillion ...

Cashwerkz appoints chair for Fund Income

KANIKA SOOD  |  THURSDAY, 17 DEC 2020
Cashwerkz has appointed a chair for its Fund Income business, as its first pick of Fortlake Asset Management hits $300 million in assets. Peter Coad will be a non-executive chair for Fund Income in addition to the previously-announced risk committee ...