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

Search Results

Showing 901 - 910 of 5910 results for "March 2000"

Natixis sells Fiera Capital interest

JAMIE WILLIAMSON  |  FRIDAY, 14 JAN 2022
Natixis Investment Managers is offloading its stake in Fiera Capital over the course of two transactions. Natixis has flagged it will sell close to 11 million shares in Fiera Capital; 3.56 million will sell for an aggregate repurchase price of US$34.8 ...

Blackstone inches closer to Crown Resorts deal

CHLOE WALKER  |  FRIDAY, 14 JAN 2022
Australia's biggest casino operator Crown Resorts said on Thursday its board was likely to back an improved $8.87 billion buyout proposal from US private equity firm Blackstone Inc unless a higher offer emerged. Currently, James Packer's Consolidated ...

Retail super fund to be wound up

JAMIE WILLIAMSON  |  TUESDAY, 11 JAN 2022
A retail superannuation fund offered to customers of several small players in Australia's banking sector will close in March. Credit Union Building Societies Superannuation, known as CUBS Superannuation, is a retail offering overseen by Equity Trustees ...

Mine Super refreshes investment options

KARREN VERGARA  |  THURSDAY, 6 JAN 2022
The $11.2 billion superannuation fund Mine Super announced a suite of changes to its investment menu, which includes offering two new options to members. The options, Balanced and Indexed Defensive, launched on 20 December 2021. The Balanced option ...

Media Super apologises for major calculator error

JAMIE WILLIAMSON  |  THURSDAY, 6 JAN 2022
Members of Media Super have received an apology from the fund after it was discovered the information underpinning its benefit projection tool hadn't been updated since 2015. Media Super's Retirement Income Simulator was made available on its public ...

Demand for retiree client book increases

KARREN VERGARA  |  SATURDAY, 1 JAN 2022
The demand for client books with a Baby Boomer demographic is increasing among those looking to acquire a financial advice practice. The December Radar Results reveal that near-retirees or retirees are highly sought after by financial advisers. Valuations ...

Federal Court fines Mayfair $30m

CHLOE WALKER  |  THURSDAY, 23 DEC 2021
James Mawhinney's Mayfair 101 Group has been ordered to pay a combined penalty of $30 million for misleading advertising. In handing down the decision, Justice Anderson said the increased penalties were appropriate, noting that those sought by ASIC ...

Labor pledges calm in superannuation

KARREN VERGARA  |  WEDNESDAY, 15 DEC 2021
Labor promises that superannuation will not be hotly contested in the upcoming federal election, vowing that if it comes to power in 2022 it will not introduce major changes. Shadow minister Stephen Jones pledged more stability and less uncertainty ...

PIMCO revives local LIT plans

JAMIE WILLIAMSON  |  TUESDAY, 14 DEC 2021
After almost two years of delay, PIMCO is planning to launch its first Australian listed investment trust in March next year. PIMCO, which has been managing listed funds globally for about 25 years, said the new offering will seek to address Australian ...

Iress partners with fund manager

KARREN VERGARA  |  MONDAY, 13 DEC 2021
Iress has partnered with a fund manager to deliver its portfolio management solution. Optar Capital has opted to use Iress' Portfolio System, which constructs, reviews and analyses client portfolios. The solution also enables Optar to automate its compliance ...