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

Search Results

Showing 961 - 970 of 22468 results for "Business"

BlackRock loses $8.9bn pension fund mandate

MATT TOLEDO  |  TUESDAY, 16 DEC 2025
... mandate, also with State Street, due to misalignment with the pension fund's sustainable investing policy, awarding the business to Invesco and Amundi. The termination of these European mandates showcases the tightrope that asset managers like BlackRock ...

Why a single insto client is a massive business risk

KARREN VERGARA  |  TUESDAY, 16 DEC 2025
... underscored the importance of having a diversified client base, as one $2.2 billion manager warns this has become a substantial business risk. This year alone saw the curtains drawn for Celeste Funds Management, Touchstone Asset Management and Ethical ...

Sequoia expects earnings hit from Shield, First Guardian

KARREN VERGARA  |  TUESDAY, 16 DEC 2025
... non-cash in nature and will not affect underlying operating cash flow or the ongoing performance of the group's core business units," Sequoia said. ASIC is currently suing Sequoia's subsidiary Interprac Financial Planning, alleging its financial advisers ...

Centrepoint Alliance expects core profit to top guidance

RIDDHIMA TALWANI  |  TUESDAY, 16 DEC 2025
... advisers, with a net growth of 15 advisers since July 2025. It is currently onboarding an additional 40 advisers for the business and forecasts attrition of less than six representatives, with minimal impact on the revenue. It said it is experiencing ...

TAL enhances TPD offering, support for self-employed customers

MATTHEW WAI  |  TUESDAY, 16 DEC 2025
... limited administrative tasks without affecting their eligibility, TAL explained. These changes reflect the realities of business ownership, giving self-employed customers greater confidence their cover will support them through recovery and help to keep ...

ASIC welcomes support for simplifying guidance on conflicts of interest

MATTHEW WAI  |  TUESDAY, 16 DEC 2025
... in place to effectively manage all conflicts of interest, except those that occur wholly outside a financial services business. The updated guidance will now demonstrate how the law applies to conflicts of interest in conflicts management obligations ...

Chalmers flags pension, super spending in Budget update

ELIZA BAVIN  |  TUESDAY, 16 DEC 2025
... preparing for, which is really starting to take shape," he said. "The mid-year update forecasts a further pick up in business investment off the back of big increases in private sector spending on new technology and renewable energy. "Updated estimates ...

MFF Capital names Stack as chief executive

ANGELIQUE MINAS  |  TUESDAY, 16 DEC 2025
... investments at Magellan Asset Management for 18 years. Stack was responsible for leading the global listed infrastructure business team and oversaw an asset base of over $16 billion. He joined MFF Group in September of this year. In his new position ...

ASX to undergo 'circuit breaker' reforms

ELIZA BAVIN  |  MONDAY, 15 DEC 2025
... scale of transformation required is significant and cannot be achieved through current tactical, incremental measures or business as usual. ASIC chair Joe Longo said urgent action was needed to set ASX on the right path. "ASX needs to embrace a new era ...

Hearts & Minds, WAM slash stakes in Corporate Travel Management

KARREN VERGARA  |  FRIDAY, 12 DEC 2025
... the findings and have written down our investment in the company by 50% to reflect uncertainty over the outlook for the business," WAM said in an investor update. In November, CTD said auditor Deloitte found "potential material adjustments" related to ...