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

Search Results

Showing 721 - 730 of 14210 results for "Interest"

Sue Brake joins Aware Super committee

ELIZABETH FRY  |  THURSDAY, 3 APR 2025
Aware Super has invited former Future Fund investment chief Sue Brake and Macquarie Group veteran Grant Smith to join its investment committee. The two private markets experts - who have been appointed to the committee for two years - will oversee the ...

Macquarie terminates Aussie equity funds

MATTHEW WAI  |  THURSDAY, 3 APR 2025
Macquarie Group has terminated two of its equity offerings, saying they've failed to achieve scale. The Macquarie Australian Equities Fund and the Macquarie Active Plus Equities Fund were terminated late last month. Macquarie said both did not "have ...

ASIC tiptoes around private markets intervention

KARREN VERGARA  |  WEDNESDAY, 2 APR 2025
... said, noting that the need for investments in infrastructure and artificial intelligence (AI) is "huge." "We all have an interest in orderly, efficient, fair markets. Whether they are deemed private or public, because that leads to confidence in investment ...

RBA flags concerns over 'geopolitical uncertainties'

ELIZA BAVIN  |  WEDNESDAY, 2 APR 2025
The Reserve Bank of Australia (RBA) left interest rates unchanged at 4.1% at the April meeting - coming as little surprise to markets and economists. However, the central bank flagged ongoing uncertainty amid fears US tariffs could impact global growth. ...

CSLR costs driven by poor advice: AFCA

ELIZA BAVIN  |  TUESDAY, 1 APR 2025
... complaints AFCA received in 2024 in investments and advice alleged failure by the adviser to act in their client's best interest or to provide appropriate advice. "We have observed troubling behaviour where some advisers recommend products based on incentives ...

Qantas Super, ART merger official

KARREN VERGARA  |  MONDAY, 31 MAR 2025
Qantas Super and Australian Retirement Trust (ART) officially merged on March 29. About 25,000 members with $9 billion in funds under management (FUM) have moved from Qantas Super to ART. Qantas Super chief executive Michael Clancy said: "It has been ...

Queensland adviser banned for five years

MATTHEW WAI  |  MONDAY, 31 MAR 2025
A Queensland financial adviser has been banned by ASIC for failing to act in the best interests of his clients and failing to prioritise their interests. Grant Thomson is banned from providing financial services, controlling an entity that carries on ...

AMP introduces geared retirement options

MATTHEW WAI  |  MONDAY, 31 MAR 2025
... exposure to the share market, AMP said. It accesses leverage through internally geared ETFs, which borrow at institutional interest rates that are considerably lower than those typically available to individual investors. The geared retirement series ...

WT Financial enters JV with Merchant Wealth

ELIZA BAVIN  |  MONDAY, 31 MAR 2025
WT Financial Group has entered a 50/50 joint venture with Merchant Wealth Partners to invest in Australian financial advice practices. The newly established entity - WTL & MWP Investco (Investco) - intends to provide strategic growth capital to high-potential ...

Jones clarifies scope of new class of adviser

ANDREW MCKEAN  |  FRIDAY, 28 MAR 2025
... and no." "The role of the new class of adviser will be to provide advice on retirement in relation to the person's interest within funds. We've set out what they can do and what they can't do more broadly in the associated material... some ...