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

Search Results

Showing 981 - 990 of 3267 results for "Choi"

Associations raise member outcomes concern

KARREN VERGARA  |  FRIDAY, 21 JUN 2019
Superannuation industry associations are voicing their concerns over the proposed member outcomes framework, worried there is a disconnect between the law and APRA's expectations. APRA is busy working through submissions for Prudential Standard ...

Chief economist update: Fed plans for Trump contingency

BENJAMIN ONG  |  THURSDAY, 20 JUN 2019
The Fed's decision to maintain current policy settings at the conclusion of last night's FOMC meeting doesn't make for much except for self-congratulations and back-patting. What matters more is the forward guidance implicit in the FOMC ...

Pension giant cuts tobacco

KANIKA SOOD  |  TUESDAY, 18 JUN 2019
A pension giant is offloading $73 million worth of investments in tobacco companies as its chief investment officer sees no future benefits for its members in the industry. The UK's National Employment Saving Trust has set a two-year deadline for ridding ...

Industry fund appoints advice GM

KANIKA SOOD  |  FRIDAY, 7 JUN 2019
An $8.6 billion industry fund has appointed a general manager, distribution and advice as a part of key internal appointments under its new chief executive. Statewide Super said its new chief executive Tony D'Alessandro, appointed on March 1, has ...

Magellan changes board responsibilities

KANIKA SOOD  |  WEDNESDAY, 5 JUN 2019
Magellan Financial Group has made changes to board responsibilities, including a new deputy chair for the company. Hamish McLennan has been appointed as deputy chair of Magellan Financial Group, second to Hamish Douglass who is chair of the ASX-listed ...

Zurich finalises OnePath acquisition

KARREN VERGARA  |  TUESDAY, 4 JUN 2019
Zurich has completed its acquisition of ANZ's life insurance business OnePath. More than 500 employees nationwide have joined the Zurich Life and Investments team. It also marks the commencement of a 20-year distribution agreement via ANZ's bank channels. ...

Shock win leaves investors worse off

HARRISON WORLEY  |  MONDAY, 3 JUN 2019
Investors who chose to rebalance their portfolios in anticipation of a Labor victory in the Federal election now find themselves at a critical junction: to revert to an Australian equity focus or accept a more balanced portfolio that rejects excess ...

Advisers wary of unlisted assets: Sunsuper

ELIZABETH MCARTHUR  |  THURSDAY, 30 MAY 2019
Many financial advisers believe unlisted assets lack transparency and are illiquid, growth investments. At the Sunsuper Adviser Roadshow in Sydney yesterday, an audience of advisers was informally polled on their thoughts about alternative, unlisted ...

Kapstream looks to Chi-X for active ETF

KANIKA SOOD  |  MONDAY, 27 MAY 2019
The active manager has forgone the ASX for competitor Chi-X as it looks to list its first exchange-traded fund. Kapstream will launch an active fixed income strategy as a Chi-X quoted fund on a date to be announced soon. Chi-X is gearing up to list ...

Super stability not guaranteed: Rice Warner

HARRISON WORLEY  |  FRIDAY, 24 MAY 2019
Research house Rice Warner has moved to temper expectations the Coalition's victory in the Federal election will ensure stability in the superannuation system. According to the firm, despite the Coalition's pledges to leave the system unchanged in the ...