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

Search Results

Showing 581 - 590 of 4452 results for "October"

Lazard implements new leadership

CHLOE WALKER  |  MONDAY, 29 MAY 2023
... chief executive for Lazard's next chapter in its storied history," he said. The leadership changes will take effect on October 1. The news comes after the firm announced it would reduce its global workforce by 10% this year to save on costs amid a lack ...

Mercer Super to take on corporate fund

JAMIE WILLIAMSON  |  THURSDAY, 25 MAY 2023
... time. At its height in 2013, it had just shy of 6000 members and $751.3 million. However, it declined further when, in October 2017, Holden ceased manufacturing its cars in Australia and again in 2020 when engineering and design were closed and Holdens ...

Treasury consults on giving AFCA more super powers

JAMIE WILLIAMSON  |  TUESDAY, 23 MAY 2023
... complaints involve third parties and so complaints cannot be resolved by relying solely on contractual obligations. In October 2022, the Full Federal Court found that a complaint relating to superannuation that involved MetLife did not fall within AFCA's ...

Investment fraud accomplice charged

CASSANDRA BALDINI  |  MONDAY, 22 MAY 2023
... by Marco and AMS Holdings (WA) Pty Ltd, the AMS Holdings Trust, in 2020. The court heard that between February 2014 and October 2018 Marissen, who was employed by Marco as his executive assistant, assisted him in the swindle. Marissen was released on ...

Poor policy administration sees MLC Life pay $22m

JAMIE WILLIAMSON  |  FRIDAY, 19 MAY 2023
... guilty of several breaches of the ASIC Act, the Corporations Act, and the Insurance Contracts Act between November 2015 and October 2018. At the time, MLC provided income protection cover through policies that contained a term under which the insurer ...

Fitch gives Labor budget AAA rating

CASSANDRA BALDINI  |  WEDNESDAY, 17 MAY 2023
... FY22, according to the FY24 budget on May 9," it said. "This is well below the 1.5% of GDP FY23 deficit forecast in the October 2022 budget due to robust revenue from a strong labour market and buoyant commodity prices, combined with spending restraint." ...

PensionDanmark selects future chief executive

JAMIE WILLIAMSON  |  TUESDAY, 16 MAY 2023
... was recently announced that Torben Möger Pedersen, the long-serving chief executive of the pension fund would depart on October 1. At that time, chief investment officer Claus Stampe will step in as chief executive, with Mørch to serve as his deputy ...

Class action commenced against IG Markets

JAMIE WILLIAMSON  |  THURSDAY, 11 MAY 2023
... against IG Markets, representing investors that lost hundreds of millions trading contracts for difference (CFDs). In October 2022, the two firms said they were planning an action against the trading platform on behalf of up to 20,000 Australians who ...

What you need to know about the 2023-24 budget

KARREN VERGARA  |  TUESDAY, 9 MAY 2023
... medium-sized enterprises save on their energy bills. Women continue to be a focal point in the Labor budget, building on the October 2022 initiatives that tackled economic inequality, such as building 7000 new social and affordable dwellings. Another ...

Labor strengthens economic equality initiatives

KARREN VERGARA  |  TUESDAY, 9 MAY 2023
... disadvantage are poised to benefit from this year's budget, as Labor promises to expand initiatives introduced in October 2022 that aim to tackle economic inequality. Federal treasurer Jim Chalmers introduced a number of measures on budget night ...