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

Search Results

Showing 621 - 630 of 3771 results for "Figure"

Leaving a legacy

KANIKA SOOD  |  FRIDAY, 18 OCT 2019
Jeff Chapman, whose net worth is pegged at more than $800mn, speaks to Financial Standard about his family office investments including Bennelong Funds Management, and generosity. What were your goals in setting up your family office? Jeff Chapman ...

RBA downplays likelihood of further rate cuts

ELIZA BAVIN  |  FRIDAY, 18 OCT 2019
Reserve Bank governor Philip Lowe has told a forum at the International Monetary Fund that Australia's economy is set to "return to trend growth" next year. Lowe said the expected return to trend growth over the next year will help get the unemployment ...

Fees down across asset classes: Report

ELIZA BAVIN  |  WEDNESDAY, 16 OCT 2019
A report has found substantial fee reductions across a number of asset classes, associated with continued pressure on external manager fees from asset owners. The bfinance report found fees for active global equity mandates have fallen by 7% since 2013 ...

Chief economist update: Brexit uncertainty is not all that bad

BENJAMIN ONG  |  TUESDAY, 15 OCT 2019
Hear ye, hear ye! Her majesty Queen Elizabeth II has spoken. "My Government's priority has always been to secure the United Kingdom's departure from the European Union on October 31," she has said. Whether her majesty will later come to regret ...

SMSFs not for everybody: ASIC

HARRISON WORLEY  |  MONDAY, 14 OCT 2019
... In a feature on SMSFs in Financial Standard earlier this year, industry experts debated the appropriateness of a dollar figure determining the suitability of an SMSF. SMSF Association chief executive John Maroney said the dollar figure made sense from ...

Aussie employers understand importance of advice

HARRISON WORLEY  |  FRIDAY, 4 OCT 2019
Most Australian employers understand access to financial advice through default super is important to their employees, latest research shows. State Street Global Advisors 2019 Global Retirement Reality Report (GR3) reveals 61% of Australian employers ...

Advice associations slammed

JAMIE WILLIAMSON  |  THURSDAY, 3 OCT 2019
An industry group has lashed out at the Association of Financial Advisers and the Financial Planning Association of Australia, labelling them conflicted and driven by self-interest. The United Financial Advisers Association (formerly known as the Life ...

Australia's best risk-adjusted MySuper option revealed

KANIKA SOOD  |  WEDNESDAY, 2 OCT 2019
... the important takeaway from the report is that super funds and their members shouldn't only consider the final return figure, they also need to be aware of the consistency of returns over time, which is particularly important for members nearing ...

IOOF completes Ord Minnett sale

JAMIE WILLIAMSON  |  TUESDAY, 24 SEP 2019
A consortium of private investors led by Ord Minnett management have bought IOOF's 70% stake in the firm for $115 million. IOOF announced today the completion of the sale, saying the buyer was a consortium of investors led by current Ord Minnett ...

Licensee faces hefty remediation bill

ELIZABETH MCARTHUR  |  WEDNESDAY, 18 SEP 2019
... ClearView's review and remediation program for over 200 clients who received poor life insurance advice resulted in the figure. ASIC said ClearView's compliance review saw ClearView look at 4,269 advice files from 279 ClearView advisers. As a ...