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Showing 1081 - 1090 of 4023 results for "January"

FASEA boycott sparks in-fighting

ELIZABETH MCARTHUR  |  TUESDAY, 2 JUN 2020
... industry." She added that legislation is before the Senate to extend the period during which advisers can sit the exam to 1 January 2022.

ASIC cancels two AFSLs

ELIZA BAVIN  |  MONDAY, 1 JUN 2020
... obligations. Under the terms of the licence cancellation, Australian Golden Securities can continue limited operations until 21 January 2021 to facilitate the winding up of its four registered managed investment schemes. Australian Golden Securities ...

Sargon liquidators want to dig deeper

KANIKA SOOD  |  FRIDAY, 29 MAY 2020
... examined Sargon's accounting systems and found that it had interest payments of $3.9 million due to Taiping as at early January 2020. But it did not have enough cash at bank to pay the interest, suggesting it may have been trading while insolvent ...

Adviser banned for five years

ELIZA BAVIN  |  TUESDAY, 26 MAY 2020
... clients' objectives. Lewis worked with a number of AFSLs throughout his career, starting with Wealth Today in October 2010 to January 2012. From there he was an authorised representative of GWM Adviser Services, which is owned by National Australia Bank ...

FASEA unclear why advisers are quitting

ELIZABETH MCARTHUR  |  MONDAY, 25 MAY 2020
... 2020. With just 53 new entrants to the industry in the same period, more than 1500 financial advisers exited between 1 January 2020 and 21 May 2020. Since COVID-19 hit, in the less than three months from 27 February 2020 to 21 May 2020 alone, the number ...

Ignorance isn't bliss in super: Research

ALLY SELBY  |  MONDAY, 25 MAY 2020
... market downturn, according to new research coming out of Russell Investments. Surveying more than 3000 Australians in January this year, the global investment firm found that two thirds of respondents believed their super funds would automatically de-risk ...

Super advocate takes FSC to task over TPD tests

HARRISON WORLEY  |  THURSDAY, 21 MAY 2020
... scheme is aligned with the government's JobKeeper payment, and runs until September 27. Claims must be lodged before 1 January 2021. According to O'Halloran, the September deadline will "see people falling off a financial cliff". "The forecasts ...

Fund managers adapt to market pain

KANIKA SOOD  |  THURSDAY, 21 MAY 2020
Aussie equities fund managers steadily improved in performance relative to benchmark from January to March, according to an updated SPIVA Australia Scorecard from S&P. In January, only 21.6% of Australian equities (general category) funds beat the benchmarks ...

Oil to make strong recovery: State Street

ELIZA BAVIN  |  TUESDAY, 19 MAY 2020
... transport," he said. "The latest Apple mobility data show that the number of requests for driving directions has moved above the January 13 baseline, but public transit direction requests are still only around 30% of the baseline. "Despite the risk of ...

Fidante adds to London office

KANIKA SOOD  |  FRIDAY, 15 MAY 2020
... opportunities for the market. Her hire comes after Fidante promoted David Cubbin as the London-based head of distribution in January, from senior institutional business development manager. Duffain reports to Cubbin. "Kerry will be an invaluable addition ...