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

Search Results

Showing 1 - 10 of 177 results for "Vend"

WT Financial bets on scaling advice practices

RIDDHIMA TALWANI  |  THURSDAY, 2 JUL 2026
WT Financial (WTL) is betting on scaling advice practices by consolidating its Hubco strategy, under which it is selling its consumer-facing subsidiaries to its first Hubco investment, Titan Advice Group (TAG). It is divesting from its subsidiaries ...

Brighter Super, QIC Ventures invest in ProcurePro

KARREN VERGARA  |  TUESDAY, 12 MAY 2026
Brighter Super and QIC Ventures have backed ProcurePro, a digital procurement platform, boosting the startup's value to more than $100 million. The two parties helped raised $15 million via a Series B round in the hope of scaling the platform which ...

Clime Investment offloads SMA business

KARREN VERGARA  |  FRIDAY, 1 MAY 2026
Clime Investment Management is selling its separately managed accounts (SMA) products and some managed funds for about $7.7 million to an unnamed party. The cash transaction is subject to platform consent, due diligence and completed documentation. ...

APRA warns super trustees over AI adoption

VINNY VUCAGO  |  THURSDAY, 30 APR 2026
The Australian Prudential Regulation Authority (APRA) has called on superannuation trustees, insurers and to significantly lift their approach to managing artificial intelligence (AI) risks, warning current practices are not keeping pace with rapid ...

Foreign resident CGT rules up for consultation

KARREN VERGARA  |  MONDAY, 13 APR 2026
Treasury is tightening the rules around capital gains tax (CGT) to ensure foreign residents pay their fair share of tax in Australia. The draft law broadens and clarifies the definition of Taxable Australian Real Property (TARP) and introduces a definition ...

Clime offloads advice business, keeps 10% stake

KARREN VERGARA  |  MONDAY, 16 MAR 2026
Clime Investment Management is offloading its financial advice unit for $6.5 million to an unnamed group but will retain a 10% interest in the newly combined business. Clime Advice, which has $2 billion in funds under advice (FUA), will continue to ...

Investment managers ramp up AI use in front offices

RIDDHIMA TALWANI  |  TUESDAY, 20 JAN 2026
Seventy percent of buy-side firms, including asset managers, pension funds and insurance companies, are adopting artificial intelligence (AI) in front offices, while more than half are scaling implementation. The 2026 Global InvestOps report from SimCorp ...

APAC investors push for 24-hour trading in US markets

ELIZA BAVIN  |  FRIDAY, 5 DEC 2025
A new whitepaper by DTCC explores the implications of US markets switching to a 24x5 trading schedule, allowing investors to trade 24 hours a day, five days a week. The paper said global demand, especially from APAC investors, and regulatory permissibility ...

Tech concentration in super a major concern: APRA

ELIZA BAVIN  |  THURSDAY, 30 OCT 2025
APRA member Suzanne Smith has expressed the prudential regulator's concerns around entities relying on a concentrated set of technology providers. Smith said dependency on the cloud and movement of workloads to the cloud environment has exponentially ...

FEATURE: Problem detected

MATTHEW WAI  |  THURSDAY, 18 SEP 2025
While financial services organisations may be comfortable with taking risks, certainly when it comes to investing, there are other types of risks they're not so familiar with. It may be 2025, but we continue to consistently see examples of organisations ...
PREVIOUS
NEXT