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Showing 1021 - 1030 of 4747 results for "July 24"

AMP Life CIO moves to HESTA

ELIZABETH MCARTHUR  |  WEDNESDAY, 7 JUL 2021
HESTA has a new head of portfolio management, nabbing the former chief investment officer for AMP Life. Jeff Brunton will move to the $62 billion industry fund, after a year as chief investment officer at AMP Life, followed by a year as deputy chief ...

SuperConcepts appoints chief executive

ANNABELLE DICKSON  |  WEDNESDAY, 7 JUL 2021
AMP's SuperConcepts has made its interim chief executive permanent following the resignation of Lara Bourguignon. Grant Christensen was first appointed as interim chief executive in December after Bourguignon's departure and while SuperConcepts recruited ...

FASEA maintains low pass rate

ANNABELLE DICKSON  |  TUESDAY, 6 JUL 2021
The Financial Adviser Standards and Ethics Authority (FASEA) exam held in May recorded another low pass rate, continuing the trend of previous exams. Of the 1894 advisers that sat the exam, 69% passed. This is in line with the March results which also ...

BT Super for Life ups insurance premiums

KANIKA SOOD  |  TUESDAY, 6 JUL 2021
BT Super for Life will increase the cost of its standard life insurance cover by 13.1% from August 1. The standard cover includes death and TPD. As an example, a 34-year-old male member of BT Super for Life previously paid $11.41 each month for one ...

More advisers exit in June

KARREN VERGARA  |  MONDAY, 5 JUL 2021
Some 450 financial advisers left the industry in the last month of the financial year, taking the total population to 19,544, latest ASIC data shows. As at July 1, AMP Financial Planning finished the financial year with 690 advisers, while The SMSF ...

AustralianSuper posts best year yet

KANIKA SOOD  |  MONDAY, 5 JUL 2021
The $225 billion super fund's balanced option returned 20.43% in the year ending June 30, making it its best financial year returns since its start in 2006. AustralianSuper chief investment officer Mark Delaney said the FY21 returns of 20.43% were ...

Economic recap: Week to July 2

BENJAMIN ONG  |  MONDAY, 5 JUL 2021
Australian economic and survey releases over the past week continued to paint a picture of a strengthening recovery. However, the rosy results preceded the outbreak of the Delta variant that prompted lockdowns and/or tightened restrictions in major ...

FEAL welcomes new board directors

JAMIE WILLIAMSON  |  FRIDAY, 2 JUL 2021
The chief executives of Funds SA and BUSSQ have joined the board of the Fund Executives Association Ltd, replacing two long-serving directors. Effective July 1, Funds SA chief executive Jo Townsend and BUSSQ chief Damian Wills are now directors on the ...

Deutsche Bank appoints local chief

KARREN VERGARA  |  FRIDAY, 2 JUL 2021
Deutsche Bank has named who will lead its Australian business one year after former incumbent Anthony Miller left for Westpac. Glenn Morgan takes the helm as chief executive, a role he's been acting in since July 2020. Morgan has been with the European ...

Westpac in fresh $87m remediation program

KARREN VERGARA  |  FRIDAY, 2 JUL 2021
The failure of Westpac's former advisers to pass on corporate actions to clients for more than a decade will see the big bank pay a hefty bill. The $87 million that will be remediated affects 32,000 customer accounts, ASIC announced this morning ...