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Showing 71 - 80 of 100+ results for "Financial Standard"

Raiz expands to SMSF market

ANNABELLE DICKSON  |  FRIDAY, 19 MAR 2021
... ETFs and Bitcoin. Raiz Invest Australia chief executive and group chief operating officer Brendan Malone told Financial Standard the expansion into SMSFs came from member and adviser demand coupled with the opportunity in its 30,000 clients aged 50 or ...

Admin fees could balloon from BFID

KARREN VERGARA  |  TUESDAY, 16 MAR 2021
... apply to all decisions. This will increase the administrative and compliance obligations of trustees," he told Financial Standard. Super funds are already inundated with regulatory obligations, such as APRA's SPS 515 Strategic Planning and Member ...

Mawhinney not dishonest, just irresponsible: ASIC

ELIZABETH MCARTHUR  |  FRIDAY, 12 MAR 2021
... prior to ASIC's intervention in March 2020. All investor interest and redemptions were up to date at the time." Financial Standard has heard from several such investors, all of which seem to share Mawhinney's view that ASIC is at fault, rather than Mawhinney ...

T. Rowe Price hires ETF consultant

KANIKA SOOD  |  THURSDAY, 11 MAR 2021
... departure last October as chair Graham Tuckwell moved to an executive chair role on his return to Australia. Financial Standard understands T. Rowe Price Investment Management last month brought on Walesby as a consultant on ETFs, indicating the global ...

Remediation services profiting from Royal Commission failures

ELIZABETH MCARTHUR  |  THURSDAY, 11 MAR 2021
... should others be allowed to charge consumers to get those mischarged amounts back? A spokesperson for ASIC told Financial Standard that it does not regulate companies like Remediator (nor is it involved in every remediation program run by financial services ...

Quasi-mergers in APRA's sights

ELIZA BAVIN  |  WEDNESDAY, 10 MAR 2021
... regulator has acknowledged concerns over "quasi-mergers" raised by Senator Andrew Bragg. In a letter provided to Financial Standard , Bragg contacted APRA in February to express concerns over the "quasi-merger" between Maritime Super and Hostplus where ...

APRA calls out poor group insurance practices

KARREN VERGARA  |  TUESDAY, 9 MAR 2021
... increases in premiums at the end of premium guarantee or contractual periods," the regulator said. A recent Financial Standard poll found that the industry will continue to bump up premiums in 2021. Nearly 90% of participants said group insurance will ...

BetaShares eyes expansion with new shareholder

KANIKA SOOD  |  MONDAY, 8 MAR 2021
... [and] finished 2020 north of $15 billion. I see the trend continuing over the course of next decade," he told Financial Standard . "In addition to that, we are very interested to make strategic investments and potentially acquire businesses both in Australia ...

NGS strengthens ESG, ups fees

ELIZABETH MCARTHUR  |  MONDAY, 8 MAR 2021
... variation in implementation by some investment managers within the SRD option," a spokesperson for NGS Super told Financial Standard . "The changes we have now made invoke a minimum standard to the definitions of each exclusion to ensure consistency ...

Celebrating women in financial services

STAFF WRITER  |  MONDAY, 8 MAR 2021
... 2016. The only country with more women in leadership is Israel at 38%. This International Women's Day, Financial Standard recognises the Australian women of financial services who are climbing the corporate ladder, be they just starting out in the ...