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

Search Results

Showing 51 - 60 of 3450 results for "August"

Fears grow around greenwashing litigation protections

ROSE MARY PETRASS  |  WEDNESDAY, 8 NOV 2023
... proposed three-year phase-in would be "dangerous." Parents for Climate, which filed a claim against EnergyAustralia in August for false or misleading advertising over its branding of fossil fuel energy products as "carbon neutral", raised concerns about ...

Future Fund exposed to dangerous Chinese investments: Opposition

ANDREW MCKEAN  |  TUESDAY, 7 NOV 2023
... nations such as Russia, Iran, and North Korea. According to an audit conducted by opposition senator James Paterson in August, the $200 billion sovereign wealth fund first forayed into Chinese markets in 2007, but its investment exposures grew as China ...

Sterling Income Trust executives charged

CHLOE WALKER  |  MONDAY, 6 NOV 2023
... Group collapsed in 2019, people were unable to pay their rent, and many found themselves homeless. Before its downfall, in August 2017 ASIC issued an interim stop order on product disclosure statements (PDS) issued by Theta Asset Management (Theta) offering ...

Legalsuper hits members with increased fees

ANDREW MCKEAN  |  MONDAY, 6 NOV 2023
... from Rainmaker Information, legalsuper's MySuper balanced option yielded a 6.8% return over a three-year period ending August 31, which is below the median return of 7.2%. Separately, the fund continues its search for a new investment chief following ...

Wealth firm awards CFS Edge mandate

KARREN VERGARA  |  MONDAY, 6 NOV 2023
... Viridian Advisory, which has $7 billion in funds under administration, will use CFS Edge. Having officially launched in August, Edge is the third platform CFS has on offer, together with FirstChoice and FirstWrap. CFS group executive Bryce Quirk said ...

Link revises financial reports after ASIC review

ANDREW MCKEAN  |  FRIDAY, 3 NOV 2023
Link Group amended its FY23 financial report that was released in August, following an ASIC review that identified potential "material misstatements." ASIC pinpointed discrepancies in the recorded value of Link's Fund Solutions business assets and provisions ...

E-commerce giant retreats from super

JAMIE WILLIAMSON  |  THURSDAY, 2 NOV 2023
... Mercer to develop a new "no frills, ultra-low fee" superannuation fund. The product launched just shy of a year later in August 2019, drawing interest as an index-only superannuation offering. At the time, it said the fund would leverage Kogan's ...

Future Super acquires GuildSuper

JAMIE WILLIAMSON  |  WEDNESDAY, 1 NOV 2023
... data showing its default option, GuildSuper MySuper Lifecycle Growing ranks seventh for performance in the five years to August end with 6.6%. Over three years, it ranks just outside the top 10 in 11 th place with an 8.3% return. Future Group said the ...

Calastone appoints new local head

ANDREW MCKEAN  |  WEDNESDAY, 1 NOV 2023
... yields and a corresponding downturn in equity markets. "The stock market in Australia and around the world duly fell in August and September, turning what was already a lacklustre start to the financial year into a distinctly soggy one," she said.

AMP Capital sale inches toward completion

CHLOE WALKER  |  TUESDAY, 31 OCT 2023
... Australia and New Zealand," George stated. The anticipated completion of the transaction is set for November 30. Back in August, Dexus r eported a $752.7 million los s, mainly due to unrealised valuation losses on its investment properties. During that ...