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

Search Results

Showing 81 - 90 of 320 results for %22Class Limited%22

ISPT writes down assets

JAMIE WILLIAMSON  |  THURSDAY, 10 SEP 2020
... a year, though some are done quarterly, by a panel of experts whose assessments are then aggregated. Those experts are limited to conducting eight assessments over a two-year period before they are rotated off of the panel, Browning explained. The latest ...

Women receive worse advice: Study

KARREN VERGARA  |  THURSDAY, 10 SEP 2020
... mostly from trading commissions, tend to favour recommending traded individual risky securities, they said, noting their limited range of products and the fact they are not incentivised to provide customised advice as opposed to financial planners.

AMP deed of release bars advisers joining class action

ELIZABETH MCARTHUR  |  MONDAY, 7 SEP 2020
... allegedly handing departing financial advisers a contract with a clause in it that prohibits them from joining the current open class action. The Advisers Association chief executive Neil Macdonald said he became aware of a new clause in AMP's deeds ...

Vanguard funds downgraded by Morningstar

KANIKA SOOD  |  WEDNESDAY, 5 AUG 2020
... wishes to make it clear that the investment process, including the strategic asset allocation process undertaken by the world class investment management group, remains unchanged since being rated by Morningstar as Gold." At the time of the ratings changes ...

Lazard dumps AMP shares

ELIZABETH MCARTHUR  |  TUESDAY, 4 AUG 2020
... sell below the 5% threshold for significant ownership comes after some turmoil at AMP. Last week alone AMP was hit with two class actions and announced to the market that it expected profits to be 50% lower due to the impacts of COVID-19. One of those ...

Class bolsters tech team

ALLY SELBY  |  TUESDAY, 4 AUG 2020
The self-managed super fund administration and software provider has appointed two new technology leads, set to help Class continue to grow and innovate. Jarrod Yates and Glen MacLarty have been appointed as head of technology product and NextGen respectively ...

AMP, BT and CBA to face class action

ELIZABETH MCARTHUR  |  FRIDAY, 31 JUL 2020
A new class action from Shine Lawyers alleges that more than half a million Australians were charged excessive insurance premiums by financial advisers aligned with AMP, BT and Commonwealth Bank. Proceedings have already been filed against AMP, which ...

AIST pushes for policy reform

ALLY SELBY  |  THURSDAY, 30 JUL 2020
... address the root cause of Australia's housing affordability problem, which is lack of supply. "Turning housing into an asset class that could provide institutional investors with a competitive return would not only be a watershed for housing affordability ...

New class action regulations slammed

ALLY SELBY  |  FRIDAY, 24 JUL 2020
Class Actions Australia has slammed new regulations announced by Treasurer Josh Frydenberg defining class actions as "managed investment schemes" labelling them "bizarre", as the Senate holds its second public hearing into litigation funding and the ...

Property winners, losers of COVID-19 crisis

ALLY SELBY  |  THURSDAY, 23 JUL 2020
... tenant's use of leased facilities, created cash flow problems, reduced private equity and debt transaction volumes, and limited investors ability to complete proper due diligence on property investments. However, certain property assets have demonstrated ...