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

Search Results

Showing 931 - 940 of 18732 results for "ACT"

New chief executive takes IFPA helm

STAFF WRITER  |  WEDNESDAY, 6 AUG 2025
Ky Wilson has taken over as chief executive of the Institute of Financial Professionals of Australia (IFPA). Wilson took on the role late last month after having served in an acting capacity as general manager for several months. She was previously ...

Commonwealth Private, JPMAM launch Private Wealth Advantage

KARREN VERGARA  |  TUESDAY, 5 AUG 2025
Commonwealth Private has partnered with J.P. Morgan Asset Management (JPMAM) to launch Private Wealth Advantage, a self-directed investment option for wholesale investors. Private Wealth Advantage is a multi-asset class wealth offering that includes ...

APRA slaps $5.5m capital penalty on KeyInvest

MATTHEW WAI  |  TUESDAY, 5 AUG 2025
APRA has placed an additional $5.5 million capital requirement and additional licence conditions on KeyInvest over risk framework flaws and questionable long-term objectives. KeyInvest is a life insurance company and friendly society that primarily ...

Lederer Group bids for Elanor Commercial Property Fund

KARREN VERGARA  |  TUESDAY, 5 AUG 2025
... Canberra and 196 OG Road in Adelaide. Lederer Group, a family business, owns properties in New South Wales, Queensland and the ACT, including 465 Victoria Avenue in Chatswood. Last year, Elanor sold its 12.56% stake in ECF to Lederer Group for nearly ...

PC outlines key reforms to boost clean energy investment

ELIZA BAVIN  |  TUESDAY, 5 AUG 2025
... commissioner Martin Stokie added. The report called for reforms to the Environment Protection and Biodiversity Conservation Act, which it said was slowing down vital approvals without effectively protecting the environment. These reforms would introduce ...

Treasury launches consultation on CSLR breaching sub-sector levy caps

KARREN VERGARA  |  FRIDAY, 1 AUG 2025
... taken in the context of the longer-term considerations arising out of the review." Under section 1069H of the Corporations Act, the minister has three high-level options for dealing with a revised estimate that exceeds a sub-sector levy cap. They are ...

Perpetual Corporate Trust acquires IAM's term deposit broking business

KARREN VERGARA  |  FRIDAY, 1 AUG 2025
Perpetual Corporate Trust (PCT) has acquired Income Asset Management's (IAM) term deposit broking business, which has nearly $1.6 billion in client funds. Given that Perpetual's subsidiary has more than $8 billion in deposit and fixed income ...

Overcoming the three-body problem in advice

JAMIE WILLIAMSON  |  FRIDAY, 1 AUG 2025
Financial advisers have heard how an active, factor-based approach can help eliminate the three-body problem in financial advice. In 1867, Sir Isaac Newton identified the three-body problem. Relating to the laws of gravity, he found that it's impossible ...

Employee shareholders officially file lawsuit against FNZ

KARREN VERGARA  |  THURSDAY, 31 JUL 2025
... class action at the High Court of New Zealand where FNZ is domiciled, claiming the board breached the New Zealand Companies Act 1993 by approving the capital raises. The litigants claim the conflict began with a series of undisclosed constitutional changes ...

ASIC calls out trustees 'passing the buck' on super switching

KARREN VERGARA  |  THURSDAY, 31 JUL 2025
ASIC fired a stern warning to superannuation funds about "passing the buck" to financial advisers and shedding responsibility for overlooking dodgy investment options as the fallout from the Shield Master Fund and First Guardian Master Fund mounts to ...