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

Search Results

Showing 841 - 850 of 6513 results for "News"

Future Fund not buying the oil dip

KANIKA SOOD  |  THURSDAY, 30 APR 2020
Oil prices crashed to record low last week but Australia's $162 billion sovereign wealth fund says it has no plans to buy the dip. Last Monday, immediate contracts for WTI crude fell into the negative territory. The drop prompted the US government to ...

More super funds will merge: QMV

ELIZABETH MCARTHUR  |  THURSDAY, 30 APR 2020
COVID-19 will be the shove that forces some superannuation funds to merge, while others thought safe prior to the pandemic will also be left pondering consolidation. According to QMV practice lead Anthony Forbes, there are certain funds that are going ...

Is it really as bad as it seems?

ELIZA BAVIN  |  THURSDAY, 30 APR 2020
Pandemic, crisis, unprecedented; these are some of the terms that have been filling up our newsfeeds, but is this really such a big deal? Everyone has heard the phrase 'don't let the solution be worse than the cause' and many people think this is worth ...

Investment approaches in change phase

ELIZA BAVIN  |  THURSDAY, 30 APR 2020
The COVID-19 crisis may be the push superannuation funds needed as investment processes make the switch from strategic asset allocation (SAA) to a total portfolio approach (TPA). At the end of 2019, before the effects of the pandemic reached Australian ...

Adviser fears over ASIC relief

HARRISON WORLEY  |  THURSDAY, 30 APR 2020
While backed by major industry associations and advocacy bodies, those that actually provide financial advice fear new temporary relief measures offered by ASIC may push Australians towards conflicted advice. On April 14 ASIC announced a raft of measures ...

Adviser bans fall

ELIZA BAVIN  |  THURSDAY, 30 APR 2020
ASIC has revealed it adviser bans dropped by more than half in the second half of 2019, from 103 to 48. The figures were released in the regulator's half yearly ASIC Enforcement Update along with an outline of its enforcement strategy for 2020. However ...

Queensland funds delay merger

HARRISON WORLEY  |  WEDNESDAY, 29 APR 2020
... priority," QSuper said. "The team remains focussed on ensuring that the right long-term outcome is achieved for our members." The news comes less than two months after the funds signed a Memorandum of Understanding to undertake exclusive due diligence ...

Gargantuan stimulus needed to survive economic disaster

ALLY SELBY  |  WEDNESDAY, 29 APR 2020
Economic experts are calling on the government to commit to "gargantuan" fiscal stimulus measures, amounting to at least 15-20% of Australia's GDP per year for the next two to three years. Anything less, they argue, will run the risk of a debt-default ...

COVID-19 shines a light on ESG: First Sentier

ELIZA BAVIN  |  WEDNESDAY, 29 APR 2020
The COVID-19 crisis has brought ESG to the fore and will give greater momentum to responsible investment processes, according to First Sentier Investors. Kate Turner, responsible investment specialist at First Sentier, said that ESG is at the top of ...

ATO to determine duplicate ERS applications

ELIZA BAVIN  |  WEDNESDAY, 29 APR 2020
The Australian Taxation Office said it will determine if a person has made a duplicate application, telling funds to follow its determination. In an update to the ATO's ERS design and implementation document, the ATO said while the application process ...