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

Search Results

Showing 851 - 860 of 12383 results for "May"

Cost-of-living, unaffordable advice fuels financial stress: Surveys

KARREN VERGARA  |  MONDAY, 26 MAY 2025
... (RBA) lowering the official cash rate to 3.85% last week. Finder head of consumer research Graham Cooke said two rate cuts may not be enough to ease the spike in mortgage stress since the cash rate accelerated in May 2022. "But it's a step in the ...

Aware Super cuts fees for retiree members

JAMIE WILLIAMSON  |  MONDAY, 26 MAY 2025
... average retiree member, a decrease of $225 in the first year, the fund outlined. Members who open a retirement income account may also be eligible for a tax-free bonus of up to $12,350, it added. "Aware Super is dedicated to helping our members reach ...

Stake 'breaks barriers' with inaugural fixed income product

MATTHEW WAI  |  MONDAY, 26 MAY 2025
... Australia's (RBA) cash rate. Launched today, Stake Accumulate is primarily invested in liquid, fixed income securities, but may also invest in a wide range of debt instruments, and cash and private credit. It aims to provide the target return monthly ...

Centrepoint Alliance locks in hundreds of Brighter Super advice clients

ANDREW MCKEAN  |  FRIDAY, 23 MAY 2025
... services for members requiring "more complex, personalised support." Brighter Super members eligible to transition had until May 16 to opt out. Out of the 400 eligible members, 316 - who have fixed-term contracts due for review over the next year - have ...

ASIC accuses Kalkine of providing unlicensed advice

ELIZA BAVIN  |  FRIDAY, 23 MAY 2025
... which must be implemented by Kalkine." ASIC said it held concerns that Kalkine's representatives, who are based in India, may have provided personal advice as part of the sale of subscription services when Kalkine's AFSL only authorised it to provide ...

ANZ Staff Super loses investment head

ELIZABETH FRY  |  THURSDAY, 22 MAY 2025
... Mercer. The brief tenure adds weight to industry speculation that ANZ Staff Super, among the very few remaining corporate funds, may be considering merger options. Potential partners mentioned in market discussions include Australian Retirement Trust ...

ASFA, EY release guidance on CPS 230

ELIZA BAVIN  |  THURSDAY, 22 MAY 2025
... said a key component of its guidance document involves increasing industry awareness of the different types of assurance that may be provided by different types of service providers. The guidance outlines the various types of assurance available, how ...

ASIC sues home loan manager over 'unlawful' hardship application handling

MATTHEW WAI  |  WEDNESDAY, 21 MAY 2025
... this approach fail to treat customers with respect but we contend it is unlawful and breaches the licensee's obligations." In May 2024, ASIC published Report 782 Hardship, hard to get help: Findings and actions to support customers in financial hardship ...

Equip Super, TelstraSuper terminate merger plans

JAMIE WILLIAMSON  |  WEDNESDAY, 21 MAY 2025
... excellent service," Equip Super chair Michael Cameron said. TelstraSuper first flagged it was on the hunt for a merger partner in May 2024, saying at the time that just 25% of its current members work for Telstra and, with this diversified membership ...

Scrutiny, costs major hurdles to boosting IPOs

JAMIE WILLIAMSON  |  TUESDAY, 20 MAY 2025
... structure, saying the increase in disintermediation in markets and rise of exchange-traded funds and separately managed accounts may prove efficient for the wealth management industry and its clients - but it's less positive for listed companies. This ...