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

Search Results

Showing 821 - 830 of 5908 results for "March 26"

ASIC bans financial adviser for five years

ANDREW MCKEAN  |  FRIDAY, 20 MAY 2022
Sydney financial adviser Walter Yaolong Guan has been banned for five years after operating without a licence. ASIC found that between March 2017 and August 2021, Guan, through his company Perennial Growth, carried on a financial services business when ...

Record number of adviser graduates: Kaplan

ANDREW MCKEAN  |  THURSDAY, 19 MAY 2022
Kaplan Professional announced a record number of financial advisers have graduated from postgraduate financial planning qualifications in 2020 and 2021. Over 3000 advisers have graduated from Kaplan's postgraduate financial planning qualifications since ...

Trust in financial services jumps: CFA

ANDREW MCKEAN  |  WEDNESDAY, 18 MAY 2022
While Australian investors are overall less trusting of the financial services industry and financial advisers than global peers, a new survey has found levels of trust to be robust. Data from the CFA Institute Enhancing Investors' Trust study revealed ...

Allianz subsidiary, former portfolio managers charged over massive fraud

JAMIE WILLIAMSON  |  WEDNESDAY, 18 MAY 2022
Allianz Global Investors and three of its former portfolio managers have been charged by the US regulator over a multi-billion-dollar securities fraud sold to pension funds that went on for more than four years. The Securities and Exchange Commission ...

Investors seek inflationary refuge in diversification strategies

ANDREW MCKEAN  |  WEDNESDAY, 18 MAY 2022
A bfinance quarterly Manager Intelligence and Market Trends report has shown that investors have sought enhanced sources of real return to combat rising inflation. The first quarter of 2022 has created a period of renewed uncertainty as investors grappled ...

Industry pans early release superannuation policy

ANDREW MCKEAN  |  MONDAY, 16 MAY 2022
The Morrison government's re-election Hail Mary policy to allow early superannuation withdrawals to be used for house deposits has been widely condemned. A joint media release between Scott Morrison, Michael Sukkar and Jane Hume boldly proclaimed that ...

Top Aussie equities funds revealed

JAMIE WILLIAMSON  |  FRIDAY, 13 MAY 2022
Analysis from Rainmaker Information shows Bennelong, PM Capital, Plato Investment Management and Vanguard had the best performing Australian equities products in the three years to March end. The latest performance tables for managed funds shows Bennelong's ...

ASX CHESS replacement delayed again

JAMIE WILLIAMSON  |  WEDNESDAY, 11 MAY 2022
After advising there was a chance there would be further delays back in March, the ASX has today confirmed the CHESS replacement will not be ready by April 2023. In an update, the ASX said the April 2023 go-live is no longer viable. "This decision reflects ...

Magellan appoints new chief executive

JAMIE WILLIAMSON  |  WEDNESDAY, 11 MAY 2022
Magellan Financial Group has named its new chief executive and managing director, hiring from the Future Fund. Currently deputy chief investment officer, public markets at Future Fund, David George will take on the top job at embattled Magellan from ...

Pendal sees profits rise, to focus on costs

JAMIE WILLIAMSON  |  TUESDAY, 10 MAY 2022
Pendal Group has flagged it will turn its attention to cost management as it reports an 8% lift in profits. Pendal's statutory net profit for the six months to March 31 has jumped to $96.7 million, up from $89.9 million in the prior corresponding period. ...