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Showing 861 - 870 of 5155 results for "Rest"

Members stick with dud super funds

ANDREW MCKEAN  |  FRIDAY, 21 OCT 2022
... next decade they could be approximately $25,000 worse off. If a 30-year-old was stapled to one of these dud funds for the rest of their working life, they could be $225,000 worse off at retirement. ISA warned that further losses could accrue because ...

Link seeks to offload Fund Solutions

ANDREW MCKEAN  |  THURSDAY, 20 OCT 2022
Link Group is exploring divestment options for the troubled Link Fund Solutions business, which includes Link Fund Solutions Limited, and has appointed Macquarie Capital and UBS Securities as advisers. As previously reported by Financial Standard, in ...

Magellan targets $100bn in five years

JAMIE WILLIAMSON  |  THURSDAY, 20 OCT 2022
Outlining his plans to restore Magellan's sheen, chief executive David George hopes to double its funds under management by 2027 by diversifying its capabilities and strengthening its UK and Europe operations. Speaking at the Magellan annual general ...

James Mawhinney sues ASIC, deputy chair

JAMIE WILLIAMSON  |  TUESDAY, 18 OCT 2022
The Mayfair 101 managing director is claiming he was defamed by the regulator and deputy chair Sarah Court in a recent press release. Mawhinney has filed defamation proceedings against ASIC and Court in the Federal Court over information included in ...

CPI rises despite Fed rate hikes

ANDREW MCKEAN  |  FRIDAY, 14 OCT 2022
The US Consumer Price Index (CPI) rose 0.4% in September, up 8.2% over the last year. Increases in the shelter, food, and medical care indexes were the largest of many contributors to the monthly seasonally adjusted all items increase. Though, these ...

Throw out financial services law clutter: ALRC

ANDREW MCKEAN  |  WEDNESDAY, 5 OCT 2022
The Australian Law Reform Commission's (ALRC) second interim report to reduce complexity in financial services legislation proposes an alternative model that's more coherent and principled, and "embraces minimalism." The ALRC's proposed legislative ...

RBA tipped for another rate rise

CHLOE WALKER  |  TUESDAY, 4 OCT 2022
For a fifth consecutive month, the Reserve Bank of Australia (RBA) is expected to lift its rates, according to experts from T.Rowe Price, HSBC, and Janus Henderson. "Last month, we predicted the RBA would again hike 50 basis points (bps) at the October ...

Equipsuper restructures investment team

ANDREW MCKEAN  |  TUESDAY, 4 OCT 2022
Equipsuper has made three senior hires after revisiting its investment strategies and team structure. Jessie Pettigrew joined Equip as head of responsible investments; she has more than 10 years of experience in sustainability and responsible investment. ...

ART chair steps down

JAMIE WILLIAMSON  |  FRIDAY, 30 SEP 2022
... to be able to work with the board and the whole ART team to improve retirement outcomes for our members. Our members can rest assured they're in very safe and capable hands going forward." Commenting, ART chief executive Bernard Reilly said: "Don ...

Acquisitions underpin WT Financial Group results

CASSANDRA BALDINI  |  TUESDAY, 27 SEP 2022
WT Financial Group (WTL) EBITDA jumped to $3.92 million for FY22 from just $36,000 in FY21, driven by its recent acquisitions. WTL managing director Keith Cullen attributed the positive results to its B2B restructure and the acquisition of Synchron ...