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Showing 631 - 640 of 4600 results for "RAISE"

Regulator issues interim stop orders

JAMIE WILLIAMSON  |  MONDAY, 9 JAN 2023
Deficiencies in its target market determination has seen interim stop orders placed on the Pivotal Diversified Fund offered by Vasco. Vasco Responsible Entity Services is prohibited from issuing interests in, providing a product disclosure statement ...

Super heatmap findings garner mixed responses

ANDREW MCKEAN  |  FRIDAY, 16 DEC 2022
... when funds know the benchmark against which they are measured, they can outperform." Nevertheless, Frontier continues to raise that it's not the right benchmark as it's not aligned with improving member outcomes. Super Consumers Australia director ...

What you read in 2022

CASSANDRA BALDINI  |  FRIDAY, 16 DEC 2022
Amid a year of economic turbulence and soaring inflation, Financial Standard's most read stories reveal attention was once again focused on the evolving superannuation sector. The worst performing super products and funds underscore the majority ...

Pathzero completes Series A fundraising round

ELIZABETH FRY  |  WEDNESDAY, 14 DEC 2022
Carbon emissions reporting platform Pathzero has raised more than $15 million in Series A funding, including allocations from Carthona Capital and Clyde Bank Holdings. Pathzero has developed Pathzero Navigator, a carbon reporting and analysis tool for ...

OnePath Life sued over utmost good faith duties breach

JAMIE WILLIAMSON  |  THURSDAY, 8 DEC 2022
OnePath Life will face ASIC in Federal Court over failures while handling a mental health claim. In 2016 a customer took out an income protection policy with OnePath Life through an ANZ financial adviser based in Grafton, New South Wales. OnePath Life ...

RBA set to lift the cash rate again

ANDREW MCKEAN  |  TUESDAY, 6 DEC 2022
... Vantage Markets market analyst Daniel Moss commented: "Governor Phillip Lowe and his colleagues at the RBA are expected to raise the official cash rate by 25-basis points at their last meeting of 2022, bringing the benchmark interest rate to 3.1% - the ...

ASIC hands out more interim stop orders

CHLOE WALKER  |  MONDAY, 5 DEC 2022
In a bid to protect retail investors from funds that may not be suitable for their financial objectives, situation or needs, the corporate regulator has placed interim stop orders on both Australian Fiduciaries Limited (AFL) and APS Savings Limited ...

Household Capital acquires Pension Boost

ANDREW MCKEAN  |  MONDAY, 5 DEC 2022
... Financial Mortgage Insurance. Genworth took a 22% stake in Household Capital, concluding a $37.6 million series C capital raise. It joined as an investor and strategic partner alongside, Legal and General UK, Citi, and IFM Investors.

MA Financial secures $70m for property fund

CASSANDRA BALDINI  |  MONDAY, 5 DEC 2022
MA Financial has raised $70 million for its MA Allendale Square Fund. The Perth office tower gained interest from high-net-worth investors (HNWI) across the firm's domestic and international client bases. The financial services firm explained it was ...

Super funds supercharge semiconductor business

CHLOE WALKER  |  TUESDAY, 29 NOV 2022
Five super funds, including Hostplus, HESTA, TelstraSuper, UniSuper and NGS Super have participated in a $30 million topping up of Sydney-based semiconductor developer Morse Micro's series B funding round. This brings the total raised by Morse Micro's ...