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

Search Results

Showing 711 - 720 of 1395 results for "MAG"

Economic Wrap

ALEX DUNNIN  |  FRIDAY, 29 JUL 2016
AOFM to buy back short-dated bonds The commonwealth government is restructuring part its bond portfolio debt by offering to buy-back short-dated Treasury Bonds and swap them into other durations. The Australian Office of Financial Management said this ...

SMSFs will shape the future of ETFs

DARREN SNYDER  |  TUESDAY, 26 JUL 2016
The rise of exchange-traded funds is one of the most remarkable growth stories in Australian financial services, and self-managed superannuation funds are going to lead its future. State Street Global Advisors head of portfolio strategists Asia-Pacific ...

Magellan launches third ASX-quoted active fund

MARK SMITH  |  TUESDAY, 19 JUL 2016
Magellan Financial Group is launching an ASX-quoted version of its top-performing listed infrastructure fund. The Magellan Infrastructure Fund (Currency Hedged) is expected to commence trading on the ASX with the code MICH on 22 July 2016. The new exchange-quoted ...

Economic Wrap

ALEX DUNNIN  |  TUESDAY, 19 JUL 2016
Employment up but hours worked fell Employment in Australia grew by 0.07% in June, consistent with the average growth rate over the last six months, according to trend figures released by the Australian Bureau of Statistics (ABS). The latest Labour ...

Magellan selects new reporting solution

DARREN SNYDER  |  TUESDAY, 12 JUL 2016
Asset manager Magellan has gone live with new client reporting software on the back of a newly-formed partnership with Vermilion Software. This is Vermilion's second large win in the asset management sector for 2016, with the firm previously announcing ...

Register for the Financial Standard ETF Forum

MARK SMITH  |  FRIDAY, 8 JUL 2016
Time is running out for financial advisers and other industry professionals to register for the inaugural Financial Standard Best Practice Exchange Traded Fund Forum on 26 July. The all-day event at Sydney's Four Seasons Hotel will feature presentation ...

ASFA backs super boost pledge

DARREN SNYDER  |  FRIDAY, 8 JUL 2016
Several superannuation industry heavyweights are throwing support behind an ASFA and Money magazine initiative aiming to better connect Australians with their super. Eight super funds are joining the Super Booster Day initiative that encourages Australians ...

Lifeplan increases investment bond options

DARREN SNYDER  |  THURSDAY, 7 JUL 2016
Investment bond specialist Lifeplan is rolling out eight new investment options and an additional rebate tier across its NextGen suite as part of a surging interest in the product. Head of Lifeplan, Matt Walsh, said proposed changes to superannuation ...

Defined benefit deficit at $182bn

ALEX DUNNIN  |  WEDNESDAY, 6 JUL 2016
Total defined benefit (DB) super liabilities across Australia stood at $340 billion, according to APRA figures. But this amount is backed by only $158 billion in net assets - amounting to a deficit of $182 billion. The announcement by the Queensland ...

Former adviser charged with fraud

KERRIE SYDEE  |  TUESDAY, 5 JUL 2016
A former financial adviser and accountant has been charged with multiple counts of fraud involving approximately $800,000. Satvir Birk, of Reedy Creek, appeared in Southport Magistrates Court charged with five counts of fraud, carrying a maximum penalty ...