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

Search Results

Showing 6631 - 6640 of 21771 results for "Dec"

COVID-19 dampens retirement expectations: Study

ALLY SELBY  |  MONDAY, 22 JUN 2020
New research has revealed the extent of the economic impact of the COVID-19 pandemic on the nation's retirees, with many now fearful for the future. In a survey of 1007 current and prospective retirees nationwide, Allianz Retire+ found that four ...

Investment scams pry $126m from Aussie hands

ALLY SELBY  |  MONDAY, 22 JUN 2020
Australians lost $126 million to investment scams in 2019, with many fraudsters using 'celebrity' endorsements to rort investors. According to the latest figures coming out of the ACCC's Targeting Scams report, Australians were defrauded ...

Calls for index industry disruption

ALLY SELBY  |  MONDAY, 22 JUN 2020
Morningstar has called for disruption in the index industry, arguing investors, financial advisers and asset managers have much to gain from a more diversified market. This sector of the asset management industry needs more competition, especially when ...

HESTA asks Retirement Income Review to consider ERS

KANIKA SOOD  |  FRIDAY, 19 JUN 2020
The $52 billion industry super fund says its younger members have "virtually drained" their retirement savings during COVID-19 and is asking the Retirement Income Review to urgently consider ERS's impact on women's retirement outcomes. About ...

Super funds keep eye on Rio Tinto review

HARRISON WORLEY  |  FRIDAY, 19 JUN 2020
Some of Australia's largest superannuation funds are watching Rio Tinto's board-led review of its iron ore division's heritage management processes with keen interest, following the miner's decision to destroy thousands of years of culturally ...

Unemployment hits 21-year high

ELIZA BAVIN  |  FRIDAY, 19 JUN 2020
Figures released by the Australian Bureau of Statistics (ABS) show unemployment has risen to its highest in 21 years due to the effects of the COVID-19 lockdown measures. Employment decreased by 227,700 people, down 1.8%, between April and May this ...

Judgement delivered in binary options fraud

ALLY SELBY  |  FRIDAY, 19 JUN 2020
The Federal Court of Australia has slapped a trading company with a $1.8 million fine, while two people have been barred from financial services for their involvement in the fraudulent binary options scheme. The judgement comes following findings made ...

AMP Capital names new chief

ELIZA BAVIN  |  FRIDAY, 19 JUN 2020
AMP Capital has named a new chief executive to take over from Adam Tindall who is retiring after five years in the role. Boe Pahari, AMP Capital's current global head of infrastructure equity and director, North-West region (UK, Europe and the Americas) ...

Volatility wreaks havoc with heat map measures

HARRISON WORLEY  |  THURSDAY, 18 JUN 2020
With market volatility rife over recent months, new analysis shows the relationship between risk and return has practically vanished, leaving many funds exposed to APRA's MySuper heat map investment performance measure. New analysis prepared by Frontier ...

APRA hands reins to ASIC in AUSTRAC case

ALLY SELBY  |  THURSDAY, 18 JUN 2020
APRA has delegated some of its enforcement powers to the corporate watchdog, as the two agencies continue their investigations into AUSTRAC's allegations against Westpac. To limit any overlap, the prudential regulator will hand over responsibilities ...