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

Search Results

Showing 6831 - 6840 of 28267 results for "NOT"

Chief economist update: The recession is over

BENJAMIN ONG  |  WEDNESDAY, 28 OCT 2020
... Victoria indicates that the 6.7 percentage point household spending subtracted from national output in the June quarter would not be repeated in the September quarter. However, the recovery in domestic demand suggests that net exports (exports minus ...

Federal Court freezes investment scam, winds up SMSF operator

ANNABELLE DICKSON  |  TUESDAY, 27 OCT 2020
... returns. However, its website stated its representatives held an AFSL and it was associated with ASIC and APRA when it did not. ASIC further alleges investor money has been dissipated. It is also alleged that Beresford established another business and ...

New fund manager at EG

KANIKA SOOD  |  TUESDAY, 27 OCT 2020
... opened a private wealth division as it saw the opportunity to buy assets that would fit syndicates of rich investors while not overlapping with its institutional investor base. The Private Wealth division is aiming for $200 million in gross asset value ...

Carlyle buys into Calastone, ups Link bid

KARREN VERGARA  |  TUESDAY, 27 OCT 2020
... acquire a majority stake in Calastone, while also announcing it has increased its offer price for Link Group. Carlyle did not disclose the financial terms of its ownership in Calastone but mentioned that it acquired the stake from existing shareholders ...

Russell launches new super product

ELIZABETH MCARTHUR  |  TUESDAY, 27 OCT 2020
... contribution super system means the average person only has a modest government pension to fall back on in retirement if they do not save enough - unlike overseas where many companies and government agencies have defined benefit pensions funds. This ...

FPA announces three board additions

ELIZA BAVIN  |  TUESDAY, 27 OCT 2020
... two terms on the FPA board and is ineligible to stand again. Tate-Lovery was eligible for re-election but made the decision not to stand again. "I would like to sincerely thank both Delma and Michelle for their exceptional contributions to the FPA board. ...

DDO top of ASIC's agenda

ELIZA BAVIN  |  TUESDAY, 27 OCT 2020
... are required to the design of their products and how they are being sold. "ASIC expects compliance with DDO from day one. Not in a 'tick-a-box' way, but compliance in a way that meaningfully improves outcomes for consumers," he said. "Ultimately, this ...

ClearView adds to leadership team

JAMIE WILLIAMSON  |  TUESDAY, 27 OCT 2020
The diversified financial services business has made a raft of changes to its leadership team, including a fresh life insurance lead and new general manager of wealth management. ClearView has today announced a series of key management changes as part ...

Chief economist update: Victoria's victory

BENJAMIN ONG  |  TUESDAY, 27 OCT 2020
... his 26 October press conference as he declared the battle with the second wave of infections "mission accomplished". It may not be as tough as the next waves our American (third wave) and European (second wave) brethren currently face, but it was still ...

Rest increases admin fees

JAMIE WILLIAMSON  |  MONDAY, 26 OCT 2020
Members of the $54 billion industry super fund will see their administration fees go up next month and will no longer see the benefit of tax deductions related to insurance premiums. Rest has notified members their admin fees will rise from November ...