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

Search Results

Showing 71 - 80 of 18820 results for "ACT"

Stablecoins a key to instant access to global credit markets

MATTHEW WAI  |  TUESDAY, 30 JUN 2026
... intermediaries passing costs down the value chain. "Importantly, stablecoins like AUDD are not providing the lending themselves, they act as the payment, settlement and liquidity rail underpinning these transactions. That distinction matters, because ...

Super system to hit $12.4tn by 2045

VINNY VUCAGO  |  TUESDAY, 30 JUN 2026
Australia's superannuation system is forecast to triple in size over the next two decades reaching $12.4 trillion by 2045, as sustainable retirement outcomes become the sector's defining challenge. According to the latest edition of Deloitte's Dynamics ...

Mercer cuts mandates for Global Listed Property Fund

KARREN VERGARA  |  TUESDAY, 30 JUN 2026
Mercer Investments Australia has again trimmed its fund manager line-up, this time making changes to its Global Listed Property Fund. Effective July 1, Principal Asset Management will be the sole fund manager overseeing the Mercer Global Listed Property ...

WA director admits investor deception

VINNY VUCAGO  |  TUESDAY, 30 JUN 2026
... director of Trent Bowden Trading Pty Ltd to gain an advantage for himself, contrary to section 184(2)(a) of the Corporations Act 2001. Each offence carries a maximum penalty of 15 years' imprisonment. The charges related to conduct between 13 March 2019 ...

Future Group to internalise super trustee structure

MATTHEW WAI  |  MONDAY, 29 JUN 2026
... The transaction is subject to APRA's approval. Stewarda holds an APRA extended public offer RSE licence allowing it to act as trustee for multiple super funds, including Future Super, Verve Super, GuildSuper (and Child Care Super), and smartMonday. ...

Advice fee spike raises super concerns: SMC

VINNY VUCAGO  |  MONDAY, 29 JUN 2026
A $1.1 billion surge in advice fees deducted from Australians' superannuation accounts over the past two years has prompted fresh calls for stronger consumer protections. This comes amid concerns younger members are being switched into higher cost ...

Mercer Super fined $10.3m for reportable situations failures

KARREN VERGARA  |  MONDAY, 29 JUN 2026
Mercer Superannuation Australia will pay a $10.3 million penalty after it admitted to breaching the Reportable Situations Regime on several occasions, which the Federal Court found could have had the "potential to have a detrimental effect on members." ...

Natixis names chief executive for Mirova

MATTHEW WAI  |  MONDAY, 29 JUN 2026
Natixis Investment Managers has promoted an executive from another affiliate to succeed the outgoing chief executive of Mirova, Philippe Zaouati, effective July 1. Current DNCA Finance portfolio manager and director of responsible investment Léa Dunand-Chatellet ...

ASIC calls out platform trustees: 'Clear breach of trust'

RIDDHIMA TALWANI  |  MONDAY, 29 JUN 2026
ASIC has called out superannuation trustees for not doing enough to protect retirement savings of Australians on platforms even after repeated warnings from regulators about the dangers of poor oversight. ASIC's report Safeguarding super: How well are ...

Capital Group expands active ETF distribution with new hire

MATTHEW WAI  |  MONDAY, 29 JUN 2026
Capital Group has named its head of ETFs for Europe and Asia Pacific, who has joined from BlackRock. Based in London, Jamie Sinclair will be responsible for building and leading Capital Group's active ETF business across Europe and Asia Pacific ...