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

Search Results

Showing 771 - 780 of 13899 results for "State"

BlackRock settles lawsuit for 'misleading consumers'

ANDREW MCKEAN  |  MONDAY, 20 JAN 2025
BlackRock has reached a settlement in a lawsuit filed by the State of Tennessee, which alleged the asset manager misled consumers about how much its investment strategies were influenced by ESG considerations. Tennessee's suit alleged BlackRock failed ...

Australian Ethical grows FUM to $13.26bn

ROSE MARY PETRASS  |  MONDAY, 20 JAN 2025
... uplift," McMurdo said. In addition to the administrator change, the super fund successfully moved its custody services to State Street on 1 November 2024. "Together these transformational programs will deliver the strengthened business platform, improved ...

MA Financial readies first LIT for launch

MATTHEW WAI  |  MONDAY, 20 JAN 2025
MA Financial will soon launch its first listed investment trust (LIT), the MA Credit Income Trust (ASX:MA1). MA Financial has so far secured $171 million in commitments for MA1, which is expected to launch on the ASX on March 5. The fund is set to offer ...

Coalition members call for superannuation guarantee reform

ANDREW MCKEAN  |  FRIDAY, 17 JAN 2025
Coalition members have called for reforms that would give workers the choice to limit their superannuation guarantee (SG) - to receive higher take-home pay. National Party senator Matt Canavan said the Coalition should consider giving workers more control ...

Dimon 'cautiously pessimistic' on US economy

KARREN VERGARA  |  FRIDAY, 17 JAN 2025
... Donald Trump as US President, Dimon said he was not surprised at the result. "People were angry at whatever they called the state - the 'swamp.' Ineffective government. That people wanted kind of more pro-growth and pro-business policies, that ...

Super moves: Future Fund, QIC, Vanguard Super

ELIZABETH FRY  |  THURSDAY, 16 JAN 2025
Max Gill has been promoted to senior portfolio analyst with QIC's state investments team. Gill joined the Queensland Government's $68 billion investment arm six years ago working initially with the global multi-asset team followed by the state ...

Legalsuper hunts for CIO

ELIZABETH FRY  |  THURSDAY, 16 JAN 2025
Legalsuper is looking for a new investment chief, following the resignation of Paul Murray who departed the industry fund just nine months into the job. Chief executive Luke Symons confirmed that Murray resigned from the fund on 20 December 2024 for ...

TPB welcomes stay of sanctions against disqualified agents

MATTHEW WAI  |  THURSDAY, 16 JAN 2025
The Administrative Review Tribunal (ART) has declined to stay or suspend sanctions imposed by the Tax Practitioners Board (TPB) against disqualified tax agents in three separate cases. All three cases relate to misconduct on the part of tax agents ...

FAAA accuses government of crucial CSLR failure

MATTHEW WAI  |  THURSDAY, 16 JAN 2025
The Financial Advice Association of Australia (FAAA) believes the government may have failed in its obligations when introducing the Compensation Scheme of Last Resort (CSLR) by skipping a key step. Following a review of documents the FAAA obtained ...

Macquarie AM splashes billions on Applied Digital Corporation

MATTHEW WAI  |  WEDNESDAY, 15 JAN 2025
... ourselves as a leader in the Tier 3 data-centre infrastructure sector, while continuing to develop and operate large-scale, state of the art data centres for world-class customers at the forefront of the AI revolution."