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

Search Results

Showing 761 - 770 of 8316 results for "Retail"

Large AFSLs lead advice complaints: AFCA

KARREN VERGARA  |  THURSDAY, 22 JUN 2023
... ultimately ordered Mr. S's licensee to perform three successive compliance audits in relation to personal advice provided to retail clients, with a minimum of 12 months between each successive audit, starting in 2023. The FSCP typically oversees ...

Advance Asset Management ceases direct distribution

JAMIE WILLIAMSON  |  WEDNESDAY, 21 JUN 2023
Advance Asset Management funds will no longer be available to direct retail investors following a rather significant change to the eligibility criteria for investment. Currently, Advance AM funds have a minimum investment of $5000 and are available ...

Australian Retirement Trust names chief of retirement

KARREN VERGARA  |  WEDNESDAY, 21 JUN 2023
... and was general manager of platforms and investments. Vincent's 30 years of experience has predominantly been in the retail sector, working in roles across product, strategy, and financial advice. She spent more than 18 years at Macquarie Group and ...

NAB progresses closure of custody arm

CASSANDRA BALDINI  |  WEDNESDAY, 21 JUN 2023
... 2025. As of March 2023, NAB Asset Servicing oversaw the assets of Alcoa of Australia Retirement Plan, Australian Ethical Retail Superannuation Fund, Australian Meat Industry Superannuation Trust, Crescent Wealth Superannuation Fund, Equipsuper, Fiducian ...

Macquarie shifts toward AI-first banking

CASSANDRA BALDINI  |  WEDNESDAY, 21 JUN 2023
... with automated processes. "Over the past decade, we've made significant investments in the technology that underpins our retail banking platforms, building them to be cloud-first and completely digital," said Macquarie's head of banking and financial ...

Labor advances super performance test changes

KARREN VERGARA  |  MONDAY, 19 JUN 2023
... products will "almost certainly have a higher administration fee benchmark than MySuper funds" while products sold in a retail platform will likely have an even higher fee benchmark. Many members will be left in the dark about the excessive fees some ...

Property market peril to continue: Quay Global Investors

CASSANDRA BALDINI  |  FRIDAY, 16 JUN 2023
... companies' values are up 7% or 8% and recently Vicinity Centres sold a shopping centre at a premium," he said. He added retail valuations are "holding up really well", with companies like Scentre Group and Vicinity trading at discounts to book. "The ...

FinClear partners with trading platform

KARREN VERGARA  |  WEDNESDAY, 14 JUN 2023
... for FinClear, the significance of Webull planning to provide Australian listed securities in the future to international retail investors cannot be underestimated. "It will attract a whole new community of investors to the Australian market, with considerable ...

Sequoia backs budding investment manager

CASSANDRA BALDINI  |  TUESDAY, 13 JUN 2023
... the funds dealing in domestic listed and direct property investments. Euree will launch a range of multi-asset funds to retail investors, and Edmonds said both firms are looking to do this quickly. "What we are really looking to do is set it up as soon ...

Director banned for eight years

CHLOE WALKER  |  TUESDAY, 13 JUN 2023
... as a director of URS. The remaining directors have since decided not to proceed with the Plazrok project. "As a result, retail investors are at a risk of losing funds already invested in the project, to the value of $1.59 million." Interestingly, Foxi ...