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

Search Results

Showing 821 - 830 of 3666 results for "Maintain"

KPMG spotlights super's biggest challenges

ANDREW MCKEAN  |  FRIDAY, 29 JUL 2022
... capacity, realising economies of scale and enhancing internal capability. For funds, KPMG believes it will be critical to maintain robust investment governance arrangements, continue investments in contemporary portfolio management and optimise custody ...

CPI rises, IMF lowers global outlook

ANDREW MCKEAN  |  WEDNESDAY, 27 JUL 2022
... consecutive quarters of falling GDP - just one week before GDP data is released. The Biden Administration said: "While some maintain that two consecutive quarters of falling real GDP constitute a recession, that is neither the official definition nor ...

Legalsuper hires from ART, Perpetual

JAMIE WILLIAMSON  |  TUESDAY, 26 JUL 2022
... retirement savings on behalf of about 41,000 members. "Acknowledging continued industry commentary about scale, we firmly maintain that super funds should be judged on the quality of the member outcomes they deliver and not simply whether they are large ...

Brighter Super simplifies investment menu

JAMIE WILLIAMSON  |  MONDAY, 25 JUL 2022
Brighter Super will soon have just one suite of investment options, having reviewed and selected the best on offer from LGIAsuper and Energy Super. From August 12, Brighter Super will align all investment options, removing the duplication that has existed ...

Capital Group trims management fees

ANDREW MCKEAN  |  MONDAY, 25 JUL 2022
Capital Group is reducing management fees on its Australian funds. As the Australian business has achieved steady growth over the past decade, the fund manager has decided to introduce a new fee regime to reflect its enlarged scale. "A new fee regime ...

RBA scenario implies record costs: UBS

ANDREW MCKEAN  |  THURSDAY, 21 JUL 2022
... Meanwhile, RBA governor Phillip Lowe has stressed that the RBA isn't on a preset path to get to neutral and would instead maintain a flexible inflation targeting framework. Yesterday, Lowe said: "We don't need to return inflation to target immediately ...

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 ...

CFA exam results improve

CHLOE WALKER  |  TUESDAY, 19 JUL 2022
... last results, the CFA Institute acknowledged the impact the COVID-19 pandemic had on peoples' motivation and ability to maintain study momentum. Since 1963, the average pass rates are as follows: 42% (Level 1), 46% (Level 2) and 56% (Level 3). Further ...

Is the wage price spiral narrative a lie?

ANDREW MCKEAN  |  MONDAY, 18 JUL 2022
... Institute analysis surmises that there's no direct link between costs of production and prices beyond the desire of firms to maintain or increase profits. "While firms in new industries seeking rapid growth often deliberately set their prices below their ...

LGT Crestone hires head of sustainability

RACHEL ALEMBAKIS  |  FRIDAY, 15 JUL 2022
LGT Crestone has hired Amanda MacDonald as head of sustainability, joining from Perpetual Private. MacDonald reports to LGT Crestone Wealth Management's deputy chief investment officer Kevin Wan Lum. She is tasked with managing LGT Crestone's ...