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

Search Results

Showing 791 - 800 of 1756 results for "Covid"

Crestone revenue up 12% to $120.5m

KANIKA SOOD  |  MONDAY, 2 NOV 2020
... wealth management industry," it said. "...Whilst 2020 has been a strong year for Crestone, especially in light of the global COVID-19 pandemic, we are mindful that 2021 may in turn bring challenges both domestically and internationally. Crestone will ...

AFA rejigs board

ANNABELLE DICKSON  |  MONDAY, 2 NOV 2020
... strategy, with a strong policy and advocacy focus and a business plan that is well positioned to meet the current challenging COVID-19 economic conditions," he said. Board member and treasurer Sam Perera has taken on the role of vice president while ...

Westpac profits down on AUSTRAC fine

ANNABELLE DICKSON  |  MONDAY, 2 NOV 2020
... economic activity. At the same time, we have incurred higher expenses due to increased resourcing to handle unprecedented COVID-19 demands and fixing our compliance issues," he said. "We have taken accountability for our mistakes and commenced a process ...

Insight Investment Australia grows team

ELIZABETH MCARTHUR  |  MONDAY, 2 NOV 2020
... and core capabilities of Insight Investment," Insight Investment director Australia and New Zealand Bruce Murphy said. "COVID-19 has put a spotlight on the importance of having strong risk management processes in place to manage uncertainty, and the ...

Climate change greater threat than COVID: Report

ELIZA BAVIN  |  MONDAY, 2 NOV 2020
Climate change is set to have a greater impact on the economy than the COVID-19 lockdowns, according to a new report from Deloitte Access Economics. The report, A new choice: Australia's climate for growth, found if climate change goes unchecked, Australia's ...

Challenger shareholders revolt against remuneration

KANIKA SOOD  |  FRIDAY, 30 OCT 2020
... well as their replacements of Richard Howes and Nick Hamilton respectively. Challenger's FY20 results were hit hard by COVID, industry trends and investing decisions. It reported $416 million in statutory net loss for the year, as its investments ...

Institutional mandates spring back to life

KANIKA SOOD  |  FRIDAY, 30 OCT 2020
Superannuation funds are starting to appoint external mandates again after a COVID-19-induced lull, says Pinnacle's managing director Ian Macoun. Pinnacle Investment Management raked in $1.7 billion of net inflows from institutional clients in the three ...

Wages will not rise from SG cut: ISA

ELIZA BAVIN  |  FRIDAY, 30 OCT 2020
... employers pocketed the lost super and workers' total remuneration also went backwards. The economic downturn caused by the COVID-19 pandemic makes wage rises less likely and given the circumstances workers should not also miss out on preparing for retirement. ...

Evans and Partners looks to delist LITs

KANIKA SOOD  |  THURSDAY, 29 OCT 2020
... long-winded battle with the AYF board. It previously tried to launch a credit LIC of its own but pulled the brakes citing COVID, satisfying itself with AYF and an open-ended fund.

IOOF appoints executive, continues growth push

ELIZA BAVIN  |  THURSDAY, 29 OCT 2020
... from $396 million in the prior corresponding period. IOOF chief executive Renato Mota said the broad ranging impacts of COVID-19 continued to affect flows, especially with the early release of super (ERS) scheme. "However, our scale, economic diversity ...