Newspaper
Financial Standard
Skills gap crisis costing Australia $3.5bn a year
School-leaver job uncertainty and the widening skills gap is costing the Australian economy billions of dollars every year, according to a new report by Year13 and HEDx.
1 min |
March 24, 2025
Financial Standard
Vale Donald Williams
Donald Williams, co-founder and former chief investment officer of Platypus Asset Management, is being remembered following his passing.
1 min |
March 24, 2025
Financial Standard
Beware creep of cancel culture into super funds
The prudential regulator is calling for the consideration of perceived conflicts of interest and reputational risks when appointing directors, and while it's easy to think of cases where this would be appropriate, Gilbert + Tobin partner Luke Barrett told Financial Standard care must be taken in how it's done.
2 min |
March 24, 2025
Financial Standard
MA sector grows to $233bn
Managed accounts assets jumped 23.2% to $232.8 billion in the year to 2024, the latest figures from the Institute of Managed Account Professionals (IMAP) show.
1 min |
March 24, 2025
Financial Standard
Clean energy a gateway to growth
Although fossil fuel investment has increased in the short term, all natural resources companies surveyed by Willis, a WTW business, have some form of a clean energy strategy.
1 min |
March 24, 2025
Financial Standard
NZ council seeks fund manager
Napier City Council in New Zealand is seeking an investment manager to construct and manage property assets that can grow up to NZ$50 million.
1 min |
March 24, 2025
Financial Standard
AIOFP and IFPA enter alliance
The Association of Independently Owned Financial Professionals (AIOFP) and the Institute of Financial Professionals Australia (IFPA) have signed a Memorandum of Understanding to enter into a \"strategic alliance\".
1 min |
March 24, 2025
Financial Standard
Vanguard debuts two new ETFS
Vanguard has launched two new diversified exchange-traded funds (ETFs) on the ASX, catering to high-growth investors and those seeking steady income.
1 min |
March 24, 2025
Financial Standard
BREAKING THE MOULD
Paul Heath began his career as a trainee accountant at CSR's Mosman Park sugar refinery, but his future wasn't in debits and credits.
4 min |
March 24, 2025
Financial Standard
Net zero, energy transition key election items: Grattan
Ahead of the federal election, the Grattan Institute has highlighted the move to net zero and energy transition as areas that should be prioritised by whoever wins.
2 min |
March 24, 2025
Financial Standard
IAM mandate grows to $130m
Income Asset Management's (IAM) mandate to refinance digital non-bank lender MoneyMe's debt facility has grown to $130 million.
1 min |
March 24, 2025
Financial Standard
ASIC, ASFA spar over super fund trustees ‘not knowing’ their business
ASIC chair Joe Longo has torched the superannuation sector, branding it the \"poster child\" for what can and does goes wrong when governance implodes, while accusing directors of \"not knowing\" their business.
1 min |
March 24, 2025
Financial Standard
TAL director chairs CEDA
Christine Bartlettº¹ has joined the board of the Committee for Economic Development of Australia (CEDA) as chair, taking over from WA-based business leader Diane Smith-Gander earlier this month.
1 min |
March 24, 2025
Financial Standard
FNZ expands down under
FNZ has been handed a mandate by a $56 billion industry super fund, while also welcoming a Sydney-based head of Asia Pacific.
1 min |
March 24, 2025
Financial Standard
ASIC slaps FIIG with lawsuit
FIIG Securities will face court over allegations of longstanding cybersecurity failures which saw the private data of more than 18,000 clients stolen and released on the dark web.
2 min |
March 24, 2025
Financial Standard
Bain, CC Capital up Insignia bids
Insignia Financial has received two separate revised non-binding and indicative proposals from CC Capital Partners and Bain Capital.
1 min |
March 24, 2025
Financial Standard
Rest kickstarts in-house global equities trading
After about 18 months in the works, Rest's internal global equities team is now running its first mandate.
1 min |
March 24, 2025
Financial Standard
Retirement costs increase again
Despite a near 10% fall in electricity prices in the December quarter, the Association of Superannuation Funds of Australia (ASFA) data indicates the cost of maintaining a comfortable retirement has increased further over the past 12 months.
1 min |
March 24, 2025
Financial Standard
AustralianSuper sued over death benefit delays
Australia's largest super fund is being sued by ASIC over the delayed processing of close to 7000 death benefit claims, with some beneficiaries left waiting four years for a payout.
3 min |
March 24, 2025
Financial Standard
Luxury asset platform launches for HNWIs
Local technology firm MUSE has developed a platform that links high-net-worth investors and family offices with sellers of investment-grade luxury assets and high-end collectibles.
1 min |
March 24, 2025
Financial Standard
The great unlock?
Will 2025 be looked back on as the year of the great unlock in private equity? Will portfolio distributions rebound, the exit market become appreciably unleashed, and deal making notably pick up?
3 min |
March 24, 2025
Financial Standard
Pointy sticks
\"Pe eace is our profession, but war is our business\" was a darker spin on the official motto of the US Strategic Air Command, the Cold War era force behind America's nuclear deterrence.
1 min |
March 24, 2025
Financial Standard
Gender parity in financial services an economic imperative
The financial services industry has made modest inroads with gender parity, and closing the wealth and financial literacy gap, but the reality is accelerated action is needed from the government and private sector to tackle entrenched inequalities as an economic imperative.
6 min |
March 24, 2025
Financial Standard
First SMA standards pre-empt ASIC
Taking another crack at standardising data and fee disclosures, the separately managed account (SMA) sector is bent on keeping ASIC at bay in launching an industry-led initiative that hopes to stamp out complexities and obscurities in reporting that until now have been largely left unchecked.
3 min |
March 24, 2025
Financial Standard
SS&C serious about Aussie expansion, says chair
After entering into an agreement with Insignia Financial in December last year to take on around 1400 staff and transform its master trust business, SS&C is eyeing significantly more market share in Australia.
2 min |
March 24, 2025
Financial Standard
Active Super fined $10.5m for greenwashing
Active Super's greenwashing will cost it $10.5 million in civil penalties for misleading members about its ESG credentials, the Federal Court determined.
1 min |
March 24, 2025
Financial Standard
ASIC bans jailed NT adviser
ASIC has banned Northern Territory financial adviser Harris Shortland for seven years, following his conviction for supplying dangerous drugs.
1 min |
March 24, 2025
Financial Standard
BUSSQ abandons court appeal, concedes to licence conditions
BUSSQ has pulled the plug on its Federal Court appeal for a judicial review of APRA's additional licence conditions, caving to the regulator's edict.
1 min |
March 24, 2025
Financial Standard
CareSuper to merge with meat industry fund
CareSuper is set to merge with a $1 billion industry fund with 56,000 members.
2 min |
March 24, 2025
Financial Standard
Future Group backs VC fund
Future Group and a slew of family offices have invested in a venture capital fund focused on Al-driven startups.
1 min |