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

Search Results

Showing 641 - 650 of 5506 results for "September 2"

Future Generation expands Plato mandate

CHLOE WALKER  |  THURSDAY, 6 OCT 2022
The philanthropic investment company has made a new allocation to Plato's Global Net Zero Hedge Fund, supporting its ambition to outperform the MSCI World Net Returns Unhedged Index while achieving a net zero carbon footprint. Launched in September  ...

Magellan FUM drops further

JAMIE WILLIAMSON  |  THURSDAY, 6 OCT 2022
Magellan Financial Group has seen a further $7 billion shaved off its funds under management in September. The group saw net outflows of $3.6 billion, $3.2 billion of which was institutional FUM while $0.4 billion was net retail outflows. The balance ...

RBA tipped for another rate rise

CHLOE WALKER  |  TUESDAY, 4 OCT 2022
For a fifth consecutive month, the Reserve Bank of Australia (RBA) is expected to lift its rates, according to experts from T.Rowe Price, HSBC, and Janus Henderson. "Last month, we predicted the RBA would again hike 50 basis points (bps) at the October ...

Link acquisition deal terminated

ANDREW MCKEAN  |  MONDAY, 26 SEP 2022
Link Group has announced that the proposed acquisition by Dye & Durham has officially collapsed. Following necessary conditions not being satisfied, including the Woodford Matters condition and the UK Financial Conduct Authority condition, the Court ...

George Lucas to depart Raiz Invest

ANDREW MCKEAN  |  MONDAY, 26 SEP 2022
Raiz managing director and joint group chief executive (international) George Lucas will leave the company effective from December 31. In an ASX announcement, the board acknowledged Lucas' work in establishing Raiz and for his leadership of the company ...

A year of change: Phil Anderson

CASSANDRA BALDINI  |  THURSDAY, 22 SEP 2022
Association of Financial Advisers (AFA) chief executive Phil Anderson believes this year may finally be one of positive change. "We're out there seeing things that are going to make it easier for advisers to provide quality advice to their clients ...

Brighter Super makes changes to insurance offering

JAMIE WILLIAMSON  |  WEDNESDAY, 21 SEP 2022
Brighter Super is increasing some of its insurance premiums and changing the way they are charged at the same time. From September 30, the cost of death and total and permanent disability cover through Brighter Super will go up across all occupational ...

AMP cops $14.5m penalty over fees for no service

JAMIE WILLIAMSON  |  TUESDAY, 20 SEP 2022
Five AMP companies will pay $14.5 million for charging close to 1500 superannuation members fees for no service over the course of about three years. The Federal Court handed the fine to AMP Superannuation, AMP Financial Planning, Charter Financial ...

AMG Super to rebrand

JAMIE WILLIAMSON  |  MONDAY, 19 SEP 2022
AMG Super is going to roll out a new look as it expands its offering to include an investment portfolio service. Just last month, AMG Super's MySuper product was closed to new members. While it did fail the Your Future, Your Super performance test ...

Link rejects latest Dye & Durham proposal

ANDREW MCKEAN  |  MONDAY, 19 SEP 2022
Link Group said it's unable to recommend the latest Dye & Durham offer and intends to evaluate alternatives for the business should it not eventuate. Recently, the UK's Financial Conduct Authority (FCA) approved Dye & Durham's takeover of ...