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Showing 1021 - 1030 of 4460 results for "October"

Stimulus, ERS boost financial comfort

ELIZA BAVIN  |  MONDAY, 1 MAR 2021
... and lockdowns. ME Bank said, as a result, the overall comfort index reached its highest level since the survey began in October 2011. It is also 7% higher than the historical average (5.50). "Indeed, the key finding of this report is that government ...

Industry fund CIO resigns

KARREN VERGARA  |  FRIDAY, 26 FEB 2021
... billion super fund unveiled a range of low-cost, indexed investment options for members and closed two other options in October 2020. LUCRF now offers three passive options: Indexed Balanced, Australian Shares (Indexed) and International Shares (Inde ...

ASIC takes NAB to court

KANIKA SOOD  |  THURSDAY, 25 FEB 2021
... customers were mischarged 195,305 times to the tune of $365,454 in total. NAB first identified the mischarging of PP fees in October 2016 when ASIC put out a statement about another bank doing the same. However, NAB took almost 1.5 years to report it ...

Australian Ethical continues growth trajectory

ELIZABETH MCARTHUR  |  WEDNESDAY, 24 FEB 2021
... offset by superannuation fee reductions in the second half of last year, threshold reductions across some managed funds in October 2020 and the early release of super scheme. Operating costs also increased by 11%. "In addition to reaching $5 billion ...

Actuaries Institute names new president

KARREN VERGARA  |  WEDNESDAY, 24 FEB 2021
... appointed to the post in January 2020. Gibbs is a partner at KPMG specialising in general insurance. He joined the firm in October 2000 based in London and then relocated to the Sydney office two years later. He previously worked at Willis Towers Watson. ...

Financial services least trusted industry: Edelman

ELIZABETH MCARTHUR  |  TUESDAY, 23 FEB 2021
... with 68% and 66% public trust respectively. The Edelman Trust Barometer surveyed 33,000 people in 28 countries between October and November 2020. Edelman suggested the COVID-19 pandemic has deeply impacted consumer trust of corporates. For example, chief ...

Chief economist update: Australia's not jobless recovery

BENJAMIN ONG  |  FRIDAY, 19 FEB 2021
... found employment in January - in line with market expectations. Though the monthly addition in jobs has slowed -- 180K in October, 90K in November and 50K in December - January marked the fourth straight month of employment gains. Not only that, Bjorn ...

ASIC to take targeted approach with PIP

ELIZA BAVIN  |  WEDNESDAY, 17 FEB 2021
... spoke about the regulators key priorities for the rollout of the design and distribution obligations (DDOs) scheduled for October this year. "DDOs are commencing on 5 October 2021 and represent a real step-change in financial services regulation," Hughes ...

To keep or not to keep JobKeeper

BENJAMIN ONG  |  MONDAY, 15 FEB 2021
... employment in December - in line with market expectations. Though the monthly addition in jobs has slowed from 180,000 in October and 90,000 in November, it remains a great feat when placed in the context of the resurgence in domestic and overseas coronavirus ...

Banks return $1.2bn for bad advice

ELIZA BAVIN  |  FRIDAY, 12 FEB 2021
... follows on $43 million, Westpac on $42 million, AMP on $33 million and CBA on $9 million. Macquarie was not included. In October 2016 ASIC released findings describing systemic failures in the advice divisions of AMP, ANZ, CBA and NAB, as well as some ...

Editor's Choice

Global X awards mandate for ETF business

ELIZA BAVIN
Global X has awarded a new custody and administration mandate for its Australian ETF business.

Bell Asset Management launches small-caps fund

KARREN VERGARA
Bell Asset Management has formally launched its Australian Small Companies Fund, which is run by former Tyndall Asset Management portfolio managers.

Former Australian Ethical finance chief lands new gig

MATTHEW WAI
The former chief financial officer of the ethical investment manager has joined a local finance company after wrapping up his tenure at AUB Group.

MySuper assets pursue $1.5tn Choice sector

KARREN VERGARA
MySuper assets are fast catching up to the $1.5 trillion Choice sector, hitting nearly $1.2 trillion in the March quarter.

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