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

Search Results

Showing 761 - 770 of 3232 results for "April 2016"

Rice Warner prepares to shut up shop

ELIZABETH MCARTHUR  |  TUESDAY, 27 APR 2021
Actuarial firm Rice Warner is in the final stages of closing down as its team heads to Deloitte. At the end of April 2021, Rice Warner will officially cease trading and its consulting staff will all transfer to Deloitte. Rice Warner was founded by Michael ...

Mainstream posts record quarter

KANIKA SOOD  |  MONDAY, 26 APR 2021
The ASX-listed fund administrator ended March with $272.2 billion in funds under advice, as its Pendal win and inflows delivered a 21% uptick in FUA from the previous quarter. Mainstream has 348 clients and 1042 funds at March end, up 1% (five new net ...

Chief economist update: Tomorrow never dies

BENJAMIN ONG  |  MONDAY, 26 APR 2021
... we're not already there, we are getting oh so close. The IHS Markit flash US Composite PMI rose to a reading of 62.2 in April - an all-time high - from March's final reading of 59.7, with activity in both the manufacturing (60.6) and services ...

Moelis Australia to rebrand

KANIKA SOOD  |  FRIDAY, 23 APR 2021
Moelis Australia will seek shareholder approval to rebrand, as its revenues from asset management outstrip the contribution from its original business of investment banking services. ASX-listed Moelis Australia wants to change the name to MA Financial ...

Defined benefit fund in SFT

ELIZABETH MCARTHUR  |  FRIDAY, 23 APR 2021
A defined benefit fund with $77 million in funds under management is completing a successor fund transfer to a Mercer subplan. Factory Mutual Insurance Company Superannuation (FMIC) members and assets will be transferred from the existing fund to a ...

Senate report on YFYS reforms delayed

KANIKA SOOD  |  THURSDAY, 22 APR 2021
The senate economic committee's report on Your Future, Your Super reforms has been delayed by a week, as superannuation funds await specifics ahead of the proposed July 1 start date. The senate economics legislation committee, chaired by Liberal senator ...

New board director at AFIC

KANIKA SOOD  |  THURSDAY, 22 APR 2021
The $9 billion LIC has added a former KPMG executive to its board. Australian Foundation Investment Company has appointed Julie Fahey as a non-executive director effective April 22. Fahey spent 10 years at KPMG as a partner, during which her roles included ...

Centuria acquires stake in Bass Capital

KANIKA SOOD  |  THURSDAY, 22 APR 2021
Centuria Capital Group will pay $24 million for a 50% stake in the real estate debt manager, founded five years ago by former UBS and Wingate investors. Bass Capital has about 300 high-net-worth investor clients and provides real estate secured non-bank ...

Commissions likely to stay: Hume

KARREN VERGARA  |  THURSDAY, 22 APR 2021
The coalition has hinted that it will not eradicate commissions paid on life insurance products, acknowledging that financial advisers' bottom line has struggled since the introduction of the Life Insurance Framework reforms. While the government's ...

Former adviser pleads guilty over million-dollar super theft

ANNABELLE DICKSON  |  THURSDAY, 22 APR 2021
Victorian-based Ahmed Saad has pleaded guilty after previously being charged with dishonestly obtaining financial advantage by deception for his role in an illegal retail superannuation scheme. ASIC alleges that Saad, while working as an authorised ...