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

Search Results

Showing 791 - 800 of 5913 results for "March 1997"

Pendal, Perpetual in acquisition talks

JAMIE WILLIAMSON  |  WEDNESDAY, 20 JUL 2022
The two entities are in high-level discussions, it's been confirmed. Pendal entered a trading halt shortly after midday yesterday, pending an announcement. Later in the afternoon, the manager announced it is in discussions with Perpetual regarding a ...

HUB24 posts record platform inflows

ANDREW MCKEAN  |  TUESDAY, 19 JUL 2022
HUB24 has posted its June quarter results, the wealth management group posted record platform annual net inflows of $11.7 billion, up 31.7% from the previous corresponding period (PCP). Total funds under administration (FUA) was $65.6 billion as of ...

Aussies don't need so much in retirement savings: SCA

JAMIE WILLIAMSON  |  TUESDAY, 19 JUL 2022
New retirement targets released by Super Consumers Australia suggest the ASFA Retirement Standard needs a rethink, saying a pre-retiree couple only needs to save $402,000 by age 65 to achieve a joint annual income of $64,000 in retirement. The consumer ...

Pendal FUM drops $12bn

CASSANDRA BALDINI  |  MONDAY, 18 JUL 2022
Pendal Group has reported its funds under management dropped over 11% in the June quarter. On Friday the investment manager announced FUM dropped to $111.0 billion in the June quarter, down from $124.9 billion at the end of the March quarter. It reported ...

Netwealth reports record inflows

ANDREW MCKEAN  |  FRIDAY, 15 JUL 2022
Netwealth's annual net inflows increased 32% from the prior year to $13 billion, according to its June 2022 quarterly business update to the ASX. The platform and investments business realised funds under administration (FUA) net inflows of $2.7 billion ...

Aaron Santelises joins ART board

ANDREW MCKEAN  |  FRIDAY, 15 JUL 2022
Australian Retirement Trust has announced Aaron Santelises has joined its board of directors, effective June 30. Santelises replaces union finance specialist Mark Goodey who stepped down from the board on March 31. Goodey was a board trustee of Sunsuper ...

Australian Ethical, Christian Super confirm merger

JAMIE WILLIAMSON  |  THURSDAY, 14 JUL 2022
After announcing they were exploring a merger in April, Australian Ethical and Christian Super have signed a Successor Fund Transfer deed. The decision brings an end to Christian Super, which was established in 1984, with all its members expected to ...

Victorian AR charged with providing unlicensed advice

CASSANDRA BALDINI  |  WEDNESDAY, 13 JUL 2022
Former authorised representative Nizi Bhandari has been charged with engaging in dishonest conduct and providing unlicensed personal financial product advice. Between November 2017 and December 2020, Bhandari was an AR of The Australian Dealer Group ...

Rest secures investment in historic tower

CHLOE WALKER  |  WEDNESDAY, 6 JUL 2022
The finalised acquisition of a one-third stake in Sydney's Quay Quarter Tower is part of the super fund's ambitions to further diversity its investment portfolio. Located in the harbour city's CBD, the 50-floor Quay Quarter Tower is the redeveloped ...

TWUSUPER adds fee to combat cross subsidisation

JAMIE WILLIAMSON  |  TUESDAY, 5 JUL 2022
The super fund will begin charging insured members an administration fee to make costs fairer for those without insurance. From August 1, TWUSUPER members with insurance cover will be charged 3% of their gross insurance premiums each month as a separate ...