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Showing 1011 - 1020 of 5911 results for "March 10"

Adviser slapped with four-year ban

KARREN VERGARA  |  MONDAY, 28 JUN 2021
Another former Meritum Financial Group and InterPrac Financial Planning adviser has copped a ban from the corporate regulator. From 1 April 2021, ASIC banned Hobart-based Hannah Jennings from providing financial services for four years for failing to ...

KPMG promotes two super experts

KARREN VERGARA  |  MONDAY, 28 JUN 2021
KPMG Australia has promoted superannuation and self-managed super fund experts respectively to partners. Cecilia Storniolo, the director of superannuation advisory, actuarial and financial risk, will become a partner on July 1. She joined the consulting ...

Mainstream bidding war over

ANNABELLE DICKSON  |  MONDAY, 28 JUN 2021
The intense bidding war for Mainstream appears to have ended after the administrator entered into a scheme implementation deed with Apex Group. Apex has made an offer for 100% of Mainstream shares for $2.80 per share, valuing the company at $400 million ...

Chief economist update: Japan still waiting for the sun to rise

BENJAMIN ONG  |  MONDAY, 28 JUN 2021
The upward revision to Japan's March quarter GDP growth - to an annualised rate of 3.9% (from the preliminary estimate of 5.1%) - provides cold comfort to an economy that remains stuck in a rut and continues to reel from the coronavirus pandemic. ...

Virtual company meetings to stay

ANNABELLE DICKSON  |  FRIDAY, 25 JUN 2021
The government has introduced draft exposure legislation that will allow companies to use technology in meetings while satisfying the Corporations Act 2001 requirements. These reforms make the temporary measures put in place during the COVID-19 pandemic ...

Chief economist update: UK not there yet

BENJAMIN ONG  |  FRIDAY, 25 JUN 2021
Financial markets widely expected the Bank of England's (BOE) decision to keep current monetary policy settings unchanged at its June monetary policy committee meeting. "The MPC voted unanimously to maintain Bank Rate at 0.1%... and to maintain ...

Advisers who failed FASEA exam granted extension

KARREN VERGARA  |  THURSDAY, 24 JUN 2021
Senator Jane Hume is allowing candidates who have failed the Financial Adviser Standards and Ethics Authority (FASEA) exam twice to re-sit it in 2022. Hume took to LinkedIn to make the announcement in light of the July exam registrations closing tomorrow. ...

Coolabah lists fund on Chi-X

KANIKA SOOD  |  MONDAY, 21 JUN 2021
Coolabah Capital Investments has listed a fixed income fund on the Chi-X as a quoted managed fund. The Coolabah Active Composite Bond Fund targets after-fee returns of 1% to 2% per year over the Bloomberg Ausbond Composite Bond 0+ Yr Index. It invests ...

Advisers turn to ETFs during COVID

KARREN VERGARA  |  MONDAY, 21 JUN 2021
Financial advisers' appetite for exchange-traded funds has more than doubled since the global pandemic hit as new trading data shows that index funds are providing better means of diversification. AUSIEX research found that before COVID-19, one ...

Chief economist update: Chinese activity indicators disappoint but growth target intact

BENJAMIN ONG  |  MONDAY, 21 JUN 2021
Disappointing. This is the one word that describes the latest batch of activity indicators out of China. The National Bureau of Statistics (NBS) released retail sales, industrial production and fixed asset investment that were still stronger than usual ...