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

Search Results

Showing 971 - 980 of 10550 results for "BEI"

Australian Retirement Trust delivers 11.3% in FY24

KARREN VERGARA  |  MONDAY, 1 JUL 2024
Australian Retirement Trust (ART) returned 11.3% p.a. for its High Growth option for the 2024 financial year. ART head of investment strategy Andrew Fisher told Financial Standard that equities over the last two years have been "surprisingly resilient ...

FSC releases new standard on scam mitigation

ELIZA BAVIN  |  MONDAY, 1 JUL 2024
The Financial Services Council (FSC) and its superannuation funds members have adopted a new standard to protect consumers from financial harm. The FSC's Standard demonstrates its members' commitment to protecting customers from scams and fraud by setting ...

ASIC takes action against Guildfords FM, director

KARREN VERGARA  |  FRIDAY, 28 JUN 2024
ASIC has cancelled the licence of Guildfords Funds Management and banned its managing director Robert Payne for their involvement in the collapse of Magnolia Capital Group. ASIC found "significant and systemic failures of oversight and compliance" upon ...

New NALE rules, AFCA's super powers passed

KARREN VERGARA  |  THURSDAY, 27 JUN 2024
Two separate laws that regulate how superannuation funds deal with non-arm's length expenses (NALE) and income (NALI) and expands the Australian Financial Complaints Authority's (AFCA) remit over super passed Parliament on June 25. Treasury ...

Bennelong takes on fledgling boutique

KARREN VERGARA  |  WEDNESDAY, 26 JUN 2024
Two former Magellan portfolio managers have set up a new boutique and joined forces with Bennelong Funds Management to launch a global small and mid-cap strategy. Canopy Investors was established in February 2023 by Kris Webster and Michael Poulsen ...

Four out of five workers to search for new jobs: Hays

ANDREW MCKEAN  |  WEDNESDAY, 26 JUN 2024
Recruitment specialist Hays has reported that four out of five New South Wales workers will look for a new job in the next year. According to the Hays Salary Guide, which surveyed more than 15,000 respondents covering 1250 roles across 26 different ...

Vision Super in hot water over coal investment

ELIZA BAVIN  |  TUESDAY, 25 JUN 2024
Vision Super has found itself in hot water after analysis revealed it has purchased $2.2 million worth of Whitehaven Coal stocks after walking back its fossil fuel exclusion policy last year. The super fund changed its environmental, social and governance ...

State Street cuts fees on six ETFs

ELIZA BAVIN  |  TUESDAY, 25 JUN 2024
State Street Global Advisors announced management cost reductions on six of its Australian-based ETFs. Effective July 1, management costs will be cut for several ETFs including in international equities, Australian equities, listed property and emerging ...

Financial advice profession 'lacks consistent protocols'

ELIZA BAVIN  |  TUESDAY, 25 JUN 2024
The financial advice profession "lacks consistent protocols" for handling suspected financial abuse and there are insufficient whistleblower protections, according to the Financial Advice Association Australia (FAAA). In its submission to the Parliamentary ...

Systematic investing in fixed income: Critical success factors

JAMIE WILLIAMSON  |  MONDAY, 24 JUN 2024
There are three critical success factors all fixed income investors considering a systematic approach must keep in mind, says AllianceBernstein. According to the global manager, systematic strategies can be effective diversifiers to any fixed income ...