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

Search Results

Showing 671 - 680 of 2988 results for "ARRA"

More flexibility for retirees

ANNABELLE DICKSON  |  TUESDAY, 11 MAY 2021
The government has introduced more flexibility for older Australians by abolishing the work test, extending access to downsizer contributions and improving the Pension Loan Scheme. From 1 July 2022, those aged between 67-years-old and 74-years-old will ...

Fiducian acquires Adelaide adviser's FUA

KANIKA SOOD  |  TUESDAY, 11 MAY 2021
Fiducian Financial Services paid $495,000 to acquire $23 million of advice assets from a North Adelaide adviser exiting the industry. The dealer group acquired the assets for a Tasmanian financial planner in its network, who is relocating from Tasmania ...

TAL fund in SFT

ELIZABETH MCARTHUR  |  TUESDAY, 11 MAY 2021
TAL Superannuation and Insurance Fund members will be transferred to a new fund under a successor fund transfer. On 31 May 2021, all members of the $1.1 billion TAL Superannuation and Insurance Fund will be transferred to Mercer Super Trust by way of ...

Canadian pension giant, real estate manager in JV

JAMIE WILLIAMSON  |  FRIDAY, 7 MAY 2021
A major Canadian pension investment manager has entered a joint venture with a UK real estate investment firm to develop a logistics portfolio valued at close to $2 billion. Together, the Public Sector Pension Investment Board (PSP Investments) and ...

APRA approves MLC super takeover

ELIZABETH MCARTHUR  |  FRIDAY, 7 MAY 2021
APRA has given IOOF the go-ahead to take over MLC's superannuation business. Yesterday, the regulator approved IOOF's application to hold a controlling stake in NULIS Nominees, the trustee for MLC Super. On 31 August 2020, IOOF entered into an agreement ...

Pengana appoints manager for global equities

KANIKA SOOD  |  WEDNESDAY, 5 MAY 2021
Pengana Capital has appointed a US-based fund manager to its global equities assets, after Jordan Cvetanovski and Steven Glass's surprise walkout in March. Connecticut-based Axiom Investors will manage the two funds: Pengana International Ethical ...

Finance workers to quit over flexibility

ANNABELLE DICKSON  |  WEDNESDAY, 5 MAY 2021
A significant amount of banking and financial services workers are likely to leave their current job if they are not offered flexibility, new research from EY shows. EY data showed 62% of financial services workers will quit their role if they cannot ...

Ethereum overtakes big four banks

ANNABELLE DICKSON  |  TUESDAY, 4 MAY 2021
The second-largest cryptocurrency has reached new heights, with its market capitalisation surpassing that of the big four banks combined. Ethereum has a US$353 billion market cap, overtaking NAB, Westpac, ANZ and Commonwealth Bank. At the time of publishing ...

Bill and Melinda Gates to divorce

ELIZABETH MCARTHUR  |  TUESDAY, 4 MAY 2021
Bill and Melinda Gates have filed for divorce and will now set about dividing their US$130 billion fortune. A petition for dissolution of their marriage was filed by the couple in King County, Washington. They have been married since 1 January 1994. ...

Proxy advisers under scrutiny

ELIZABETH MCARTHUR  |  MONDAY, 3 MAY 2021
Proposed new legislation will see proxy advisers forced to be much more transparent on how and why they vote on matters put to shareholders. The government is proposing to reform proxy voting by requiring superannuation funds to disclose more detailed ...