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

Search Results

Showing 7841 - 7850 of 29079 results for "PRI"

Netwealth booms amid pandemic

ALLY SELBY  |  FRIDAY, 10 JUL 2020
Specialist wealth management platform Netwealth has seen its share price soar, after it reported a 35% increase in funds under administration for the financial year. Shares in Netwealth lifted nearly 16% during trade on Thursday to hit new all-time ...

Insurance premiums soar at Qantas Super

ELIZA BAVIN  |  FRIDAY, 10 JUL 2020
Customers of Qantas Super will see their insurance premiums rise substantially come 1 August 2020 now that the super fund has officially switched insurers to MetLife. The fund blamed a range of factors for the increase, mostly surrounding the effects ...

Capital raising relief measures extended

ALLY SELBY  |  FRIDAY, 10 JUL 2020
The ASX has announced it will extend its temporary capital raising measures until November 30, as a second wave of COVID-19 infections batters Victoria. The measures were originally due to expire on July 31 and granted a temporary class waiver to lift ...

Chief economist update: We're all Victorians now

BENJAMIN ONG  |  FRIDAY, 10 JUL 2020
"The Australian economy is going through a very difficult period and is experiencing the biggest contraction since the 1930s... Conditions have, however, stabilised recently and the downturn has been less severe than earlier expected... There has also ...

Private equity weathers COVID-19 crisis: Research

ALLY SELBY  |  THURSDAY, 9 JUL 2020
New research from asset consultant Willis Towers Watson has found that private equity investments have weathered the impact of the COVID-19 financial crisis, despite a subdued environment for exit deals in the first half of the year. In a survey of ...

Pengana sales manager departs for Sunshine State

ALLY SELBY  |  THURSDAY, 9 JUL 2020
Pengana Capital's national sales manager for private banking and wealth has left the firm after more than five years, setting his eyes on a new life in sunny Queensland. Alex Keen joined Pengana in June 2015 as a regional distribution manager for ...

New partner at Stanford Brown

ALLY SELBY  |  THURSDAY, 9 JUL 2020
Advice firm Stanford Brown has appointed a new partner with over two decades of experience. Todd Stanford has nabbed the promotion, after just over one year with the firm. Stanford Brown chief executive Jonathan Hoyle congratulated Stanford on his promotion. ...

Financial institution charged over Epstein scandal

ELIZA BAVIN  |  THURSDAY, 9 JUL 2020
The US Department of Financial Services (DFS) has hit Deutsche Bank with a US$150 million penalty for the bank's relationship with disgraced financier Jeffrey Epstein. This marks the first enforcement action by a regulator against a financial institution ...

Powerwrap to merge with Praemium

KANIKA SOOD  |  THURSDAY, 9 JUL 2020
Praemium this morning advanced a $55.6 million bid to acquire Powerwrap in an off-market conditional takeover priced at about 26.55 cents per share. The two parties have entered a bid implementation agreement dated July 9. The bid has been unanimously ...

AustralianSuper appoints head of financial crime

KANIKA SOOD  |  WEDNESDAY, 8 JUL 2020
The country's largest superannuation fund has appointed a head of financial crime, security and resilience, reporting to its chief risk officer Paul Schroder. Tom Garcia is moving into the role after serving as AustralianSuper's head of product from ...