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Showing 1001 - 1010 of 6247 results for "December 2007"

Federal Court imposes $4m penalty on industry fund

CHLOE WALKER  |  TUESDAY, 18 JAN 2022
The Federal Court has imposed combined penalties of $4 million on Statewide Super for providing members with misleading information regarding their insurance and failing to report the issue to ASIC in the time required. Between 2017 and 2020, Statewide ...

Pendal appoints new chair

KARREN VERGARA  |  MONDAY, 17 JAN 2022
Pendal Group has appointed a new chair in Deborah Page. Effective today, Page takes over the role of chair from James Evans, who was appointed in 2013. Evans joined the ASX-listed company's board in 2010, helping oversee funds under management grow ...

Praemium reports key milestone achievement for 2021

CHLOE WALKER  |  MONDAY, 17 JAN 2022
Global investment platform Praemium has released key results in the December 2021 quarter, boasting record total funds under administration on both a domestic and intentional front. Key milestones from the quarterly report include inflows of $1.25 billion,including ...

Tough quarter for Pendal

ELIZABETH MCARTHUR  |  FRIDAY, 14 JAN 2022
Pendal Group has endured a disappointing quarter, with $5 billion in outflows from UK institutional clients. Pendal reported funds under management for the December quarter at $135.7 billion, down on $139.2 billion the previous quarter. Contributing ...

Data shows WallStreetBets created losses

ELIZABETH MCARTHUR  |  THURSDAY, 13 JAN 2022
New data has found that in 2021 stocks recommended by Reddit's popular WallStreetBets (WSB) community resulted in more losses than returns. The data was compiled by European trading platform Capital.com, and suggests relying on advice in the WSB forum ...

Lutheran Super prepares for merger

JAMIE WILLIAMSON  |  WEDNESDAY, 12 JAN 2022
Lutheran Super informed members it has found its preferred merger partner, following a decision last September to assess the fund's options. In December the corporate fund, which holds less than $1 billion in funds under management, told members ...

WAM ups PAF takeover bid

KARREN VERGARA  |  WEDNESDAY, 12 JAN 2022
WAM Capital has upped its takeover bid for PM Capital's Asian equities strategy, which the latter flags it will accept. WAM said the $1.149 per share offer for every PM Capital Asian Opportunities Fund (PAF) share is "compelling" and represents a 3.5% ...

Midwinter hires advice sales lead

KARREN VERGARA  |  MONDAY, 10 JAN 2022
Midwinter has appointed a new head of advice sales this month, who spent nearly a decade at Challenger. Stacey Cowan finished up as the state manager for New South Wales and the Australian Capital Territory at Challenger in December to join Bravura's ...

Mine Super refreshes investment options

KARREN VERGARA  |  THURSDAY, 6 JAN 2022
The $11.2 billion superannuation fund Mine Super announced a suite of changes to its investment menu, which includes offering two new options to members. The options, Balanced and Indexed Defensive, launched on 20 December 2021. The Balanced option ...

Future Super hires operations chief

KARREN VERGARA  |  THURSDAY, 6 JAN 2022
Ethical superannuation fund Future Super has appointed a chief operating officer from Club Plus Super. David Barton was hired in the newly created position in December, wrapping up a similar role at Club Plus where he spent more than four years. Barton's ...