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

Search Results

Showing 791 - 800 of 6578 results for "Review"

Interest rates drive adviser conversations in 2024

KARREN VERGARA  |  THURSDAY, 25 JAN 2024
... amidst rates hiking for surplus cash, yielding optimal returns for the cash bucket. This strategy allows us to actively review asset allocation and maintain ample cash reserves, providing flexibility for pension payments or unforeseen cash needs," she ...

500 jobs to be axed at abrdn

JAMIE WILLIAMSON  |  THURSDAY, 25 JAN 2024
... acceptable level of profitability and allow for incremental reinvestment into growth areas." It follows a "root and branch review", abrdn said, and the expected savings are in addition to those already flagged from recent divestments, like its European-headquartered ...

Advice group awards mandate to JANA

JAMIE WILLIAMSON  |  WEDNESDAY, 24 JAN 2024
A financial advice group with close to $2 billion in funds under advice has selected JANA as its investment consultant. The consulting group's wealth division was awarded a mandate by Alteris Financial Group, effective December 2023. It covers asset ...

Australian economic growth slows, IMF maintains positive outlook

ANDREW MCKEAN  |  MONDAY, 22 JAN 2024
... macroeconomic policies and financial conditions, but the International Monetary Fund (IMF) maintains a robust outlook. In an annual review of Australia's economy, the IMF reported a decrease in economic growth from 3.7% year-over-year in 2022 to 2.1% ...

Ethical ETF assets surge in 2023: Analysis

RACHEL ALEMBAKIS  |  MONDAY, 22 JAN 2024
... sustainability-themed ETFs surged by more than 24% during 2023, amid a strong year for ETFs broadly. Betashares' latest Australian ETF Review calculates the local ETF industry at a total industry market capitalisation of $177.5 billion, a 33% growth ...

Standalone laws key to solving legislative 'porridge': ALRC

JAMIE WILLIAMSON  |  FRIDAY, 19 JAN 2024
In its final report on the 'confusing maze' of financial services laws, the Australian Law Reform Commission (ALRC) has recommended overhauling the Corporations Act and creating dedicated financial services legislation. The ALRC has been reviewing existing ...

NGS Super finds new administrator

KARREN VERGARA  |  WEDNESDAY, 17 JAN 2024
... Super has selected a new administrator to replace Mercer, which has been providing its services for 14 years. Following a review of the $14 billion super fund's administration operating model in February 2023, NGS Super chose G​ROW Inc ​(GROW)​​ ...

Government proposes framework for clearing and settlement services regulation

ANDREW MCKEAN  |  WEDNESDAY, 17 JAN 2024
The government has released the Corporations and Competition (CS Services) Instrument 2024, a new legislative proposal aimed at regulating clearing and settlement (CS) services. The proposed instrument, issued under the authority of assistant treasurer ...

Treasury releases climate disclosure draft legislation

RACHEL ALEMBAKIS  |  TUESDAY, 16 JAN 2024
... trust ASIC to take action based on the public interest." Much like the Modern Slavery Act, the government will conduct a review of climate disclosure requirements 2028-29. The review will be led by Treasury, working with the Council of Financial Regulators. ...

Aussie ETF industry hits $177.5bn

CHLOE WALKER  |  TUESDAY, 16 JAN 2024
... capitalisation of $177.5 billion, setting it up to exceed $200 billion this year. According to Betashares' latest Australian ETF Review, the industry saw 33% growth year-on-year. It recorded its highest annual funds under management increase in 2023 ...