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

Search Results

Showing 901 - 910 of 3634 results for "Media"

AMP deed of release bars advisers joining class action

ELIZABETH MCARTHUR  |  MONDAY, 7 SEP 2020
AMP is allegedly handing departing financial advisers a contract with a clause in it that prohibits them from joining the current open class action. The Advisers Association chief executive Neil Macdonald said he became aware of a new clause in AMP's ...

Fees fall after super mergers: Research

JAMIE WILLIAMSON  |  FRIDAY, 4 SEP 2020
... recently, NGS Super and Australian Catholic Superannuation and Retirement Fund announced their intention to merge, Cbus and Media Super have commenced due diligence, while First State Super announced plans to merge with WA Super just days after merging ...

S&P DJI rebalances S&P/ASX Indices

ALLY SELBY  |  FRIDAY, 4 SEP 2020
... International Airport, AUB Group, Ramelius Resources, Westgold Resources, and Zip Co. Meantime, McMillan Shakespeare, New Hope, Ooh! Media, Orocobre and Southern Cross Media Group dropped from the top 200. The ASX 300 saw seven new additions, including ...

Future Fund posts negative year, cashes up

KANIKA SOOD  |  WEDNESDAY, 2 SEP 2020
The $161 billion sovereign wealth fund today reported a return of -0.9% for FY20 and increased its cash holdings by about $11.8 billion in the three months since March end. This is the Future Fund's second year of negative returns in its 15-year life ...

Super remains grossly inequitable: Per Capita

ELIZA BAVIN  |  WEDNESDAY, 2 SEP 2020
... as a result. The analysis shows a worker on a full-time median wage has lost $4332.99 in super. Over the same period, the media wage grew from $1000 to $1066 per week, or from $52,000 to $55,432 per year. When adjusted for inflation and looking at real ...

ERS to lead to rising pension costs, higher taxes

ALLY SELBY  |  WEDNESDAY, 2 SEP 2020
Industry Super Australia has slammed the government's early release of superannuation scheme, arguing it will significantly increase the long-term Age Pension costs borne by taxpayers. Total retirement incomes will be substantially lower, it said, while ...

Female fund managers outperform men

KARREN VERGARA  |  WEDNESDAY, 2 SEP 2020
Funds managed by female portfolio managers are outperforming those managed by men amid the pandemic-induced market turbulence, according to Goldman Sachs research. Some 43% of female-managed funds have outperformed their benchmark year to date, compared ...

Market rebound leaves behind active managers

KARREN VERGARA  |  TUESDAY, 1 SEP 2020
Even with the share market soaring back to pre-COVID-19 highs, active fund managers continue to struggle with performance and profitability, Deloitte analysis shows. Median revenue for asset managers that invest in publicly traded shares and bonds fell ...

Financial Standard launches FS Sustainability

STAFF WRITER  |  TUESDAY, 1 SEP 2020
... companies." A new FS Sustainability website has been launched alongside a new weekly digital newsletter and updated social media footprint. An annual print journal FS Sustainability: The Journal of ESG Integration will also be launched, showcasing the ...

AMP does not treat advisers fairly: Poll

ELIZABETH MCARTHUR  |  TUESDAY, 1 SEP 2020
A new poll has revealed widespread disappointment in AMP's treatment of its aligned financial advisers in renegotiating Buyer of Last Resort (BOLR) agreements. Financial Standard polled roughly 250 people in the financial services industry, asking them ...