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

Search Results

Showing 7281 - 7290 of 28273 results for "NOT"

CalPERS chief investment officer resigns

JAMIE WILLIAMSON  |  FRIDAY, 7 AUG 2020
The $565 billion pension fund is on the hunt for a new investment chief following the resignation of Yu (Ben) Meng. Meng was appointed to the lead investments role in January 2019 and, last financial year, achieved a return of 4.7% - beating its 4.3% ...

Super funds slapped over smoker premiums

ALLY SELBY  |  FRIDAY, 7 AUG 2020
... Trustees, Intrust and Netwealth will cough up $3.6 million in compensation to 5000 members - while Suncorp, IOOF and AMP will not be remediating members. Between 2017 to 2020, ASIC engaged with seven superannuation businesses that were classifying new ...

Dealmakers hold off investing in Australia

ANNABELLE DICKSON  |  THURSDAY, 6 AUG 2020
... Mid-Market M&A in Australia 1H20 update from Pitcher Partners, produced in conjunction with Mergermarket revealed 47% are not currently considering M&A as access to finance is seen as the main barrier. There is concern regarding delays in governmental ...

OneVue to take Taiping to court

KANIKA SOOD  |  THURSDAY, 6 AUG 2020
... at Arnold Bloch Leibler to commence proceedings against Taiping in the Federal Court. They will seek clarity that Diversa (not Taiping) holds a first ranking security over Madison proceeds, and Taiping holds no security over Sequoia proceeds. OneVue ...

SG amnesty deadline nears

ALLY SELBY  |  THURSDAY, 6 AUG 2020
... single touch payroll real time data reporting to the ATO across the country. The ATO has recognised that some businesses may not be able to pay their liabilities as a result of the COVID-19 crisis. However, it confirmed that it would work with employers ...

ASX reviewing CHESS replacement feedback

ALLY SELBY  |  THURSDAY, 6 AUG 2020
The ASX is now reviewing market recommendations on the new system to replace CHESS, following the conclusion of a four-week consultation period ending July 28. CHESS was developed by the ASX over 25 years ago, enabling the conversion of physical shares ...

Investment committees not up to scratch

ELIZABETH MCARTHUR  |  THURSDAY, 6 AUG 2020
... role. "Could investment committees and boards set their sights higher? Absolutely they could. The stakes are too high for them not to take this path. And these current pressurised circumstances make such steps attractive right now," Urwin said.

Tax impacting super fund investment strategies: Research

ELIZA BAVIN  |  THURSDAY, 6 AUG 2020
... what should be a natural, healthy process of superannuation equity portfolio evolution." The research said this issue does not discriminate between active or passive investing and impacts funds' ability to evolve their portfolios. "Our concern is that ...

It's your money: Hume calls out Keating

ELIZA BAVIN  |  THURSDAY, 6 AUG 2020
... elite upper-echelon of society and therefore wouldn't understand the struggles facing everyday Australians. "It's your money. Not government's. Not the super funds'. And insiders who don't have to worry about their next pay cheque shouldn't lecture you ...

ERS scheme referred to Auditor-General

ELIZA BAVIN  |  THURSDAY, 6 AUG 2020
... Jones claims government ministers and senior public servants have acknowledge many of his cited failings, but said they have not provided any details about how the government plans to respond. "Despite these failings, the scheme is now being extended ...