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Showing 1081 - 1090 of 3927 results for "November"

Chief economist update: Australian wages slow but still grow

BENJAMIN ONG  |  THURSDAY, 19 NOV 2020
... Westpac-Melbourne Institute Consumer Sentiment survey showed confidence rising by 2.5% to a reading of 107.7 points in November from 105.0 in the previous month and sharply above the 75.6 reading recorded in April 2020 (the lowest in the survey's ...

Super fund increases premiums

KARREN VERGARA  |  WEDNESDAY, 18 NOV 2020
... January 2021. One exception, income protection cover for Queensland Police Officers, will reduce by about 50% from 30 November 2020. For those affected by the increases, a 40-year-old member for example, covered for death, TPD, and income protection ...

NSW budget boosts TCorp loans

KARREN VERGARA  |  WEDNESDAY, 18 NOV 2020
... for COVID-19 response, recovery and reform, TCorp said. NSW Treasurer Dominic Perrottet presented the state budget on November 17, pledging $107 billion over the next four years to build the state's infrastructure. Over a five-year period, the government ...

Former adviser pleads guilty to stealing client funds

ELIZA BAVIN  |  WEDNESDAY, 18 NOV 2020
... allegations that QWL had failed to assist the Australian Financial Complaints Authority in resolving client complaints. In November 2019, ASIC obtained orders restraining Hopkins and QWL from dissipating assets or providing financial services to clients. ...

Successor fund transfer finalised

ELIZABETH MCARTHUR  |  TUESDAY, 17 NOV 2020
... approximately $2.2 billion in member funds. The successor fund transfer had been delayed from the originally scheduled date in November 2019 to 14 November 2020, but has now been completed. After a merger was announced, the IAG & NRMA Superannuation ...

Fidelity launches one-stop-shop platform

KARREN VERGARA  |  TUESDAY, 17 NOV 2020
... streamline the advice and portfolio construction process. Fidelity Managed Account Xchange (FMAX), which launched on November 16 in the US, allows advisers to develop a financial plan, invest, execute trades and generate reports. It also provides access ...

Industry fund slashes admin fees

KARREN VERGARA  |  MONDAY, 16 NOV 2020
... on the strategy, and us passing those savings straight through to members at a time when they really need it." Also in November, the super fund with 75,000 members announced several changes to its investment strategy, which included reducing exposure ...

Vatican shakes up financial management

ELIZABETH MCARTHUR  |  MONDAY, 16 NOV 2020
... laundering investigation. The Pope first wrote to the relevant parties advising of the change on 25 August 2020 and on November 4 he presided over a meeting attended by a number of notable cardinals and bishops. In the letter, the Pope said the Secretariat ...

Former Financial Circle director charged

ELIZA BAVIN  |  MONDAY, 16 NOV 2020
... initially being charged on 27 May 2020, Fuoco's matter was listed for first mention in the Melbourne Magistrates Court on 5 November 2020. On that date, the matter was adjourned to 28 April 2021. Fuoco was not required to enter a plea. Financial Circle ...

Australians drain $35bn from super

ELIZA BAVIN  |  MONDAY, 16 NOV 2020
... as Australia has slowly worked its way out of lockdown and people have been able to return to work. Over the week to November 8, 25,000 applications were received by funds of which 16,000 were initial applications and 8000 were repeat applications. In ...