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

Search Results

Showing 41 - 50 of 8896 results for "Trust"

HUB24 hits $100bn milestone

KARREN VERGARA  |  TUESDAY, 16 APR 2024
HUB24, which owns Xplore Wealth, Class, and myprosperity, surpassed the $100 billion milestone at the end of March. Some $79.7 billion in FUA, up 34% year on year, came directly from the platform. Its Portfolio Administration and Reporting Services' ...

Global Alternative Funds names managing director

ELIZABETH FRY  |  MONDAY, 15 APR 2024
... of private capital markets for Asia. Before that, she held roles at Challenger, Merrill Lynch International, and Bankers Trust.

Proxy advisors have 'undue influence': Jamie Dimon

ANDREW MCKEAN  |  THURSDAY, 11 APR 2024
... voted. We believe these actions will strengthen our relationships with our clients and with companies while helping to build trust between shareholders, investors and companies," he said. Note: Financial Standard is owned and published by ISS.

Equity Trustees welcomes new chief financial officer

ELIZA BAVIN  |  THURSDAY, 11 APR 2024
EQT Holdings has announced the appointment of a new chief financial officer as Philip Gentry prepares to step down. Johanna Platt is set to take on the role, effective 22 July 2024. Gentry announced he would be stepping down from the position back in ...

Life insurers struggle with code compliance

KARREN VERGARA  |  WEDNESDAY, 10 APR 2024
... to address claims promptly not only breaches code obligations but also adds unnecessary stress for customers, undermining trust in the industry. Life insurers must prioritise meeting claims handling and communication timeframes to improve customer satisfaction ...

James Mawhinney arrested as Mayfair 101 saga rolls on

JAMIE WILLIAMSON  |  WEDNESDAY, 10 APR 2024
Mayfair 101's James Mawhinney was arrested yesterday and charged with engaging in dishonest conduct for allegedly claiming IPO Wealth Group owned companies that it did not. Mawhinney has been in a years-long battle with ASIC now, with the regulator ...

Morningstar warns of stretched valuations in Australian equities

ANDREW MCKEAN  |  TUESDAY, 9 APR 2024
... lower redemptions," Morningstar said. "Additionally, we anticipate improved flows for both wealth management and corporate trust with stabilising interest rates and potential improvements in macroeconomic conditions. Both businesses face less competitive ...

Monochrome makes play to become a spot Bitcoin ETF in Australia

ANDREW MCKEAN  |  MONDAY, 8 APR 2024
... regulatory approvals. Notably, Global X launched the first spot bitcoin ETF in Australia in May 2022. It is structured as a dual trust where each ETF unit gives the holder an absolute entitlement to the underlying cryptocurrency, which is held in institutional ...

Corporate super fund to be terminated

JAMIE WILLIAMSON  |  MONDAY, 8 APR 2024
Another of the few remaining standalone corporate superannuation funds will close its doors this year. After almost five decades, the Manildra Flour Mills Retirement Fund (MFMRF) has been closed to new members and will be wound up. The fund was established ...

Super advice fee deductions compound red tape: JAWG

KARREN VERGARA  |  MONDAY, 8 APR 2024
The Joint Associations Working Group (JAWG) says new laws that enable superannuation funds to deduct financial advice fees will have the opposite effect of reducing red tape and can make advice even more unaffordable. Treasury Laws Amendment (Delivering ...