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

Search Results

Showing 951 - 960 of 3671 results for "Maintain"

New mining head at Goldman Sachs

ELIZABETH MCARTHUR  |  WEDNESDAY, 20 OCT 2021
... for our most important natural resources clients," Goldman Sachs said in a memo to staff. "In his new role, Gavi will maintain his existing client responsibilities as well as take ownership for the strategic direction and future growth of our metals ...

HUB24 to acquire Class

JAMIE WILLIAMSON  |  MONDAY, 18 OCT 2021
... which owns approximately 19.99% of Class. Class chair Matthew Quinn said the acquisition allows Class shareholders to maintain exposure to the business' future growth while also sharing in any upside provided by HUB24. The combined business will ...

BlackRock votes against CBA resolution

ELIZABETH MCARTHUR  |  FRIDAY, 15 OCT 2021
Despite its vocal stance on sustainability and net zero ambition, BlackRock voted against a Commonwealth Bank shareholder resolution to stop the bank financing fossil fuels. The largest asset manager in the world, with US$9.5 trillion in assets under ...

ASIC commences proceedings against Diversa

ELIZABETH MCARTHUR  |  MONDAY, 11 OCT 2021
The regulator is taking Diversa Trustees to court over failing to maintain oversight of a now banned financial adviser. Diversa is the trustee for $1 billion Future Super, Mason Stevens Super, ING Super and MAP Master Super - later known as OneSuper ...

ASIC chases $12m from Mayfair

ELIZABETH MCARTHUR  |  THURSDAY, 7 OCT 2021
The regulator claims Mayfair 101 entities should have to pay approximately $12 million in fines for misleading and deceptive conduct, but Mayfair founder James Mawhinney maintains there was no wrongdoing. ASIC is seeking $12 million in penalties from ...

Focus acquires sixth advice firm

KARREN VERGARA  |  WEDNESDAY, 6 OCT 2021
... Connectus' growing scale and the value of the sophisticated resources it offers its firms, while enabling them to maintain the boutique cultures that made each of them so successful prior to joining Connectus."

Failing Asgard super option to close

JAMIE WILLIAMSON  |  WEDNESDAY, 29 SEP 2021
... those who currently hold insurance being transferred to the ASA, they will also require a BT Super account in order to maintain that cover, documents state. In effect, these members will go from paying for one account to paying for two. "If we open a ...

APRA proposes further unlisted valuation rules

KARREN VERGARA  |  WEDNESDAY, 29 SEP 2021
... changes to Prudential Standard SPS 530 Investment Governance under the initiative. One new measure is to develop and maintain a comprehensive investment stress testing program, and that trustees develop and implement an effective valuation governance ...

ASIC bans adviser, cancels AFSL

ANNABELLE DICKSON  |  TUESDAY, 28 SEP 2021
... regulator also found that Pure Strategy failed to have adequate resources to carry out a financial services business, maintain competence to provide financial service and ensure representatives complied with the regulation. Pure Strategy also failed ...

Australian Ethical overhauls longstanding fund

JAMIE WILLIAMSON  |  THURSDAY, 23 SEP 2021
... with a high-risk rating. Now, it will aim to achieve 4.5% above inflation, after investment fees and indirect costs, and maintain the risk level. In addition to retail, wholesale and institutional investors, the fund will also be made available to Australian ...