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

Search Results

Showing 61 - 70 of 471 results for "Latter"

Centrepoint says Diverger offer overlooks strategic value

JAMIE WILLIAMSON  |  MONDAY, 27 JUN 2022
Diverger's bid for Centrepoint Alliance does not reflect the company's strategic value, the latter's board has determined. Diverger handed Centrepoint a non-binding indicative offer last Thursday, offering about $65 million for 100% of the company's ...

Squirrel Super to pay over false property claims

JAMIE WILLIAMSON  |  TUESDAY, 21 JUN 2022
... using an SMSF that purchased residential property; the returns provided as reference were 7% for the former and 14% for the latter. Finally, it stated that the costs associated with managing an investment property via an SMSF are "surprisingly low" when ...

Younger generations lead the SMSF surge: Vanguard

ANDREW MCKEAN  |  THURSDAY, 16 JUN 2022
... clients were human-advised or digital-advised, with the former attributing 5% of their portfolio value to advice and the latter, 3%." "Periods of market volatility like what we're currently experiencing further highlight the value of advice and the ...

WAM Leaders, AEG to merge

CASSANDRA BALDINI  |  TUESDAY, 14 JUN 2022
WAM Leaders and Absolute Equity Performance Fund have agreed to merge, with WAM Leaders to acquire 100% of the latter. The announcement to shareholders said that under the scheme implementation, AEG shareholders will receive new WAM Leaders shares as ...

ClearView consolidates super, pension plans

JAMIE WILLIAMSON  |  FRIDAY, 27 MAY 2022
... ClearView Pension Plan products will be wound up. The former was originally launched under the NRMA brand in 1989, while the latter was established a few years later in 1995. The decision by ClearView impacts about 5500 members with approximately $450 ...

Clime acquires private wealth firm

JAMIE WILLIAMSON  |  THURSDAY, 19 MAY 2022
... the business for the foreseeable future. Clime said MTIS offers similar services to its private wealth business, with the latter's licensing and administration support to be provided by Clime's Madison Financial Group. Clime's existing financial reserves ...

AIST proposes crisis preparedness standards to APRA

ANDREW MCKEAN  |  WEDNESDAY, 11 MAY 2022
... interests of members and the motivation to draw a profit for the benefit of shareholders with a financial stake, as the latter does not exist." "This ensures that any collection and use of revenue is done with the guiding principle that the money first ...

ETF Securities to win Australian crypto ETF race

ANDREW MCKEAN  |  TUESDAY, 10 MAY 2022
... and ether ETFs. Cosmos Asset Management, 3iQ and other companies have jockeyed with ETF Securities to list first, but the latter has said it's ended the multi-year contest among ETF providers. The two ETFs - ETFS 21Shares Bitcoin (EBTC) and ETFS 21Shares ...

Pension fund sues Elon Musk, Twitter

JAMIE WILLIAMSON  |  MONDAY, 9 MAY 2022
A Florida pension fund is suing Twitter and Elon Musk over the latter's planned takeover of the social media platform. The Orlando Police Pension Fund filed a class action in the Delaware chancery court on Friday, alleging that Delaware law forbade ...

Morrison government names new chair of Foreign Investment Review Board

ANDREW MCKEAN  |  THURSDAY, 7 APR 2022
... covering senior positions in the Department of Foreign Affairs and Trade and the Office of National Assessments. In the latter role, Miller was deputy-director general from 2009-2011 and director-general in 2017. Since retiring from the public service ...