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Showing 851 - 860 of 11515 results for "Point"

Selfwealth chief in sudden exit

KARREN VERGARA  |  FRIDAY, 7 JUL 2023
... Openmarkets, which recently copped a $4.5 million penalty from ASIC and was forced to undergo an enforceable undertaking. At one point, Selfwealth was rumoured to be looking to acquire Openmarkets. However, in April, Selfwealth moved to FNZ Custodians ...

JANA picks Rimes for tech

CASSANDRA BALDINI  |  FRIDAY, 7 JUL 2023
... Plane said JANA's project team has a clear vision of what they want to achieve. "... which was a fantastic starting point," he noted. "We are honoured to be selected to be a significant part of a truly transformative project and look forward to establishing ...

BlackRock drops more ETF fees

CHLOE WALKER  |  FRIDAY, 7 JUL 2023
BlackRock's iShares Core FTSE Global Infrastructure (GLIN) and iShares Core FTSE Global Property ex Australia (GLPR) ETF fees have been lowered. The ETFs were listed in May this year and originally priced at 20 basis points (or 0.20%). The new fee ...

Waypoint REIT cops $27.1m devaluation

CASSANDRA BALDINI  |  THURSDAY, 6 JUL 2023
The Waypoint REIT revealed a net reduction in portfolio value of $27.1 million or approximately 1% in ASX filings. Half-year investment portfolio valuations were carried out on 78 properties and directors' valuations on 324 properties which resulted ...

RBA pause short but sweet: Mousina

CASSANDRA BALDINI  |  WEDNESDAY, 5 JUL 2023
The Reserve Bank of Australia's (RBA) decision to hold the cash rate at 4.1% is a relief, but likely only a temporary one. AMP Australia deputy chief economist Diana Mousina told Financial Standard the RBA decided to hold and observe the impacts ...

FAAA celebrates membership renewals, anticipates more

ANDREW MCKEAN  |  TUESDAY, 4 JUL 2023
The Financial Advice Association Australia (FAAA) has received over 8700 membership renewals, with more to come, according to chief executive Sarah Abood. The end of financial year marked a critical membership juncture for the association, Abood noted. ...

ART delivers 10% for members

KARREN VERGARA  |  TUESDAY, 4 JUL 2023
... substantially, and we think those valuation moves are going to be significant, we think the right thing to do, from a valuation point of view, is to try to predict where we think that will land," he said. ART will then typically engage with its managers ...

Rising costs bite asset owners

KARREN VERGARA  |  MONDAY, 3 JUL 2023
The cost to do business for asset owners is becoming more expensive, as many report a 34% jump in fund servicing expenses over the last three years as they also grapple with lower management fees. The Investors' Costs and Fees report compiled by ...

Technology top threat to company culture: Report

CASSANDRA BALDINI  |  MONDAY, 3 JUL 2023
New and emerging technology is the biggest threat to company culture within financial services firms, more than 60% of senior leaders say. According to a report by Allen & Overy (A&O Consulting), Organisational culture in financial services, 62% of ...

Performance test excluding retirement products is "crazy": Podcast

CASSANDRA BALDINI  |  THURSDAY, 29 JUN 2023
... Financial Standard podcast, Linden said the fact retirement products aren't being performance assessed is crazy. "This is a point where members, in respect to their superannuation savings, have the most savings at stake, and they're considering ...