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Showing 1061 - 1070 of 4160 results for "April"

HESTA hikes group insurance premiums again

KANIKA SOOD  |  TUESDAY, 12 JAN 2021
... example, a HESTA member aged 45-54 will go from paying $7.70 per week in estimated net insurance fees to $7.92 per week. In April 2020, HESTA hiked the standard cover's cost by 1.6% to 13.4% for the age groups below 67. Reilly said it was too early ...

Tasplan says goodbye to lifecycle MySuper

KANIKA SOOD  |  MONDAY, 11 JAN 2021
... costs among the reasons. The $11.5 billion superannuation fund is set for a merger with the $12.6 billion MTAA Super on 1 April 2021. As a part of this, Tasplan will close its MySuper option called OnTrack, which used a lifecycle structure. According ...

Arowana winds up LIC

KARREN VERGARA  |  THURSDAY, 7 JAN 2021
... process of winding up and delisting from the ASX after a period of underperformance. The listed investment vehicle flagged in April 2020 that it was "engaging in a detailed strategic review" because of the adverse impact of COVID-19. It had a market ...

WTW appoints Australia segment head

KANIKA SOOD  |  WEDNESDAY, 6 JAN 2021
... community here," said Simon Weaver, who is WTW's head of Australasia and head of corporate risk and broking, Australasia. In April, 2018 WTW hired Jamie Jeffers as a director for the financial solutions segment. Jeffers left the firm. In August ...

ASIC takes fintech to court

KARREN VERGARA  |  WEDNESDAY, 6 JAN 2021
... residential property can super charge your superannuation?, which it distributed via email and hard copies at a seminar held on 28 April 2015, ASIC alleges, Squirrel made a number of misleading representations. One of which is that the promised returns ...

MTAA Super awards scholarships

KANIKA SOOD  |  WEDNESDAY, 23 DEC 2020
... committed to and passionate about this industry," MTAA Super board member Geoff Lowe said. MTAA will merge with Tasplan on 1 April 2021.

Former adviser pleads guilty to theft, dishonesty

KANIKA SOOD  |  TUESDAY, 22 DEC 2020
A former financial adviser and company director will be sentenced on April 30 after pleading guilty to charges relating to mishandling of client money in an IPO. Keith James Flowers (formerly Nigel Flowers) pled guilty to one charge each of dishonesty ...

Charles Schwab fails consumers, cops fine

KARREN VERGARA  |  TUESDAY, 22 DEC 2020
... safeguard and compliance failures, the UK's Financial Conduct Authority has found, noting the two-year breach period to April 2019. The FCA determined CSUK did not adequately protect client assets by way of poor recordkeeping, failing to reconcile holdings ...

APRA Connect to go live in 2021

KARREN VERGARA  |  TUESDAY, 22 DEC 2020
... also run in the external test environment for a small number of superannuation entities. This is due to take place around April or May next year. With the new system going live in September 2021, APRA said there will be a progressive cutover of regulatory ...

ASIC takes action against La Trobe Financial

ELIZABETH MCARTHUR  |  MONDAY, 21 DEC 2020
... looking at marketing campaigns across newspapers, magazines, television and radio, and on the firm's website from 1 April 2017 to the present. ASIC's MoneySmart website defines a capital stable fund as: "A fund that invests across a range of ...