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

Search Results

Showing 771 - 780 of 2325 results for "ART"

MLC to face court over insurance failures

JAMIE WILLIAMSON  |  FRIDAY, 19 NOV 2021
ASIC is suing MLC over insurance failures spanning more than 20 years. The regulator commenced civil penalty proceedings in the Federal Court for insurance policy and service failures that occurred between 1999 and 2020. The action is against MLC Limited ...

Australian philanthropy awards winners announced

CHLOE WALKER  |  WEDNESDAY, 17 NOV 2021
Tim Fairfax was recognised as Leading Philanthropist at Philanthropy Australia's annual awards last night, presented in a special online ceremony for the second consecutive year. Now in their seventh year, the awards celebrate extraordinary achievements ...

BT confirms changes to super business

JAMIE WILLIAMSON  |  TUESDAY, 16 NOV 2021
Financial Standard understands BT is preparing to announce the sale of its superannuation business, with the group confirming changes are underway. Financial Standard understands several roles were made redundant yesterday, with more expected throughout ...

ASIC issues warning to finfluencer sponsors

KARREN VERGARA  |  WEDNESDAY, 10 NOV 2021
Corporate regulator ASIC is warning corporations that pay finfluencers to advertise products and services about potential breaches of financial advice laws. ASIC commissioner Cathie Armour said some listed companies are flocking to finfluencers for ...

CBA takes stake in AI firm

ANNABELLE DICKSON  |  MONDAY, 8 NOV 2021
Commonwealth Bank has taken a minority stake in a Silicon Valley-based artificial intelligence (AI) platform. H2O.ai operates a cloud-based machine learning platform, H2O AI Cloud, and employs some of the world's top data scientists. The partnership ...

Brian Hartzer in new role

ELIZABETH MCARTHUR  |  THURSDAY, 4 NOV 2021
Former Westpac chief executive Brian Hartzer has taken on a new role with a technology firm. He will chair the board of Reejig, an artificial intelligence human resources technology company. Hartzer currently also serves as chair of Beforepay, a Sydney-based ...

No proof of member benefit: APRA on super fund spends

JAMIE WILLIAMSON  |  TUESDAY, 26 OCT 2021
APRA has found instances of expenditure by superannuation funds that does not meet the best financial interests of members, including sponsorship deals and advertising spends with no evidence of member benefit. Releasing its review of RSE licensee marketing ...

IOOF to adopt new name, brand

JAMIE WILLIAMSON  |  THURSDAY, 21 OCT 2021
... focus groups and scouring internal and external research to ensure a data-driven decision was made. "Marketing is as much art as it is science," Mota said. It marks the natural next step for IOOF, he said, reinforcing the group's desire to be known ...

Colonial First State seeks MySuper redemption

ANNABELLE DICKSON  |  TUESDAY, 19 OCT 2021
... partnership is efficiency and avoiding underperformance. "The partnership with BlackRock also allows CFS to operate state of the art hyper-efficient indexed strategies. But indexing isn't passive investing, it's about actively deciding what investment ...

BlackRock votes against CBA resolution

ELIZABETH MCARTHUR  |  FRIDAY, 15 OCT 2021
Despite its vocal stance on sustainability and net zero ambition, BlackRock voted against a Commonwealth Bank shareholder resolution to stop the bank financing fossil fuels. The largest asset manager in the world, with US$9.5 trillion in assets under ...