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

Search Results

Showing 8951 - 8960 of 20558 results for "BEN"

King Irving Funds Management launches

ALEX BURKE  |  WEDNESDAY, 25 NOV 2015
King Irving Funds Management has launched in Australia. Upon launching, the company has also released the King Irving SURA Pacific Alliance Fund, designed to provide Australian investors access to the Pacific Alliance emerging market. It has been seeded ...

Super tax breaks review could save $6.6bn: Grattan

LAURA MILLAN  |  WEDNESDAY, 25 NOV 2015
Better targeting of superannuation contributions tax breaks could save the budget $3.9 billion a year and increasing taxes on superannuation earnings of retirees could raise another $2.7 billion, Grattan Institute research shows. "The current system ...

CBA refunds $80m for failing to apply discounts

LAURA MILLAN  |  WEDNESDAY, 25 NOV 2015
Commonwealth Bank (CBA) will refund about $80 million to around 216,000 Wealth Package customers as a compensation for failing to apply fee waivers, interest concessions and other benefits since 2008. The Wealth Package offered benefits such as interest ...

Bennelong blends active, passive in equities fund

LAURA MILLAN  |  WEDNESDAY, 25 NOV 2015
Bennelong Australian Equity Partners has launched a fund that gives retail investors exposure to Australian equities by blending active and passive management. The Bennelong Twenty20 Australian Equities Fund invests passively in the top 20 stocks of ...

Pension funds globally face solvency issues

DARREN SNYDER  |  WEDNESDAY, 25 NOV 2015
Many pension funds and insurance companies around the world are staring insolvency in the face unless they adopt measures that address an imbalance between assets and liabilities. This is the view of OECD director financial and enterprise affairs, and ...

Road of no return

BENJAMIN ONG  |  WEDNESDAY, 25 NOV 2015
"One concern was that such a delay, if the reasons were not well understood by market participants, could increase uncertainty in financial markets and unduly magnify the perceived importance of the beginning of the policy normalization process." This ...

Parliament repeals key FoFA amendments

LAURA MILLAN  |  TUESDAY, 24 NOV 2015
The Parliament has approved a Government motion to repeal key amendments to the Future of Financial Advice (FoFA) reforms in a move that has taken other MPs and industry stakeholders by complete surprise. The repeal affects the Government's proposed ...

Bennelong appoints distribution director from CFS

ALEX BURKE  |  TUESDAY, 24 NOV 2015
Bennelong Funds Management has appointed a new director distribution - national accounts. Jonas Daly joins Bennelong from Colonial First State where he held alliance fund management roles and oversaw distribution of FirstChoice multi-manager products. ...

Vision Super calling all low balance members

DARREN SNYDER  |  TUESDAY, 24 NOV 2015
Vision Super is contacting members with low and inactive balances in a bid to keep their accounts active. The customer retention program is aiming to steer member funds away from the administration of the Australian Tax Office (ATO) and consolidate ...

Shaw and Partners appoints another Macquarie vet

ALEX BURKE  |  TUESDAY, 24 NOV 2015
Shaw and Partners has appointed a new institutional equities specialist. Darin Lester joins Shaw and Partners from BTIG, where he held a senior institutional equity sales position. Prior to that, he was a division director for alternative strategies ...