
Jamie Williamson
Managing Editor at Financial Standard
Editor @ Financial Standard. Soft spot for financial advice. Views are all my own.
Articles
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5 days ago |
financialstandard.com.au | Jamie Williamson
The National Minimum Wage and all modern award minimum wage rates will increase by 3.5% on July 1. The minimum wage is currently $24.10 an hour and, following the Fair Work Commission's decision today, will rise to $24.95 an hour. This equates to a before-tax wage of $948 per week, up about $32, or an annual salary of $51,512.
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6 days ago |
financialstandard.com.au | Jamie Williamson
Superhero has welcomed its first chief investment officer, as it targets Australians seeking sophisticated solutions without the need for advice.
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6 days ago |
financialstandard.com.au | Jamie Williamson
Dai-ichi Life HD, which owns TAL, will acquire 15% of British asset manager M&G, with the two establishing a long-term strategic partnership across asset management and life insurance. Under the partnership, which is expected to produce at least US$6 billion of new business flows for M&G and US$2 billion for Dai-ichi Life over the next five years, M&G will become Dai-ichi Life's preferred asset management partner in Europe.
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6 days ago |
financialstandard.com.au | Jamie Williamson
Australian Retirement Trust (ART) was fined by the regulator after it was found to have showcased better returns than what was really being achieved for its MySuper option. ASIC alleged ART misled consumers by publishing outdated performance data for its Lifecycle Investment Strategy between July 2023 and July 2024.
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1 week ago |
financialstandard.com.au | Jamie Williamson
Regal Partners is planning a push into North America, as it also prepares to launch a multi-strategy income fund locally. Providing an update at the company's annual general meeting yesterday, Regal Partners chief executive Brendan O'Connor spoke of the desire to expand further offshore. In 2023, Regal Partners acquired a stake in mining financer Taurus Funds Management. In doing so, it gained over 20 North American institutional clients.
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The most entertaining part of today's Standing Committee hearing on financial advice so far is watching all the senators watch the Olympics and complain about COVID while struggling to get Easton Investments back on the line #Tokyo2020

RT @FinStd: @AMP_AU, @CFS_AU, @Equity_Trustees, @IOOFEvents, @IntrustSuper, @netwealthInvest and @Suncorp have been called out by @asicmedi…

RT @FinStd: #COVID-19 will see US pension funds approach point of no return, according to @Wirepoints research. https://t.co/QMf1fHnRN7