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Showing 1121 - 1130 of 3550 results for "October 2005"

Powerwrap adds Chi-X offering

ALLY SELBY  |  TUESDAY, 21 APR 2020
Financial advisers and their clients using Powerwrap will now be able to access Chi-X investment products. All 30 Chi-X TraCRs products and Chi-X funds will now be available to Powerwrap customers. Chi-X's TraCRs allow Australian investors to access ...

NAB remediation bill grows

ELIZABETH MCARTHUR  |  MONDAY, 20 APR 2020
National Australia Bank has seen another $268 million added to its bill for customer remediation. The increase in customer-related remediation costs for the big bank comes to $188 million after tax. NAB says it expects the additional costs to reduce ...

Chief economist update: How deep the global recession?

BENJAMIN ONG  |  WEDNESDAY, 15 APR 2020
"It is very likely that this year the global economy will experience its worst recession since the Great Depression, surpassing that seen during the global financial crisis a decade ago. The Great Lockdown, as one might call it, is projected to shrink ...

Latest adviser exam results in

JAMIE WILLIAMSON  |  TUESDAY, 7 APR 2020
FASEA has announced more than 82% of financial advisers that sat the February exam were successful. Releasing the results today, the body said 2231 advisers sat the exam in mid-February and 82% passed. More than 30% of the advisers listed on ASIC's ...

Industry fund appoints union leader

HARRISON WORLEY  |  MONDAY, 6 APR 2020
An industry superannuation fund has added the secretary of a public sector union to its board of directors. Community and Public Sector Union secretary Tom Lynch has been appointed to the board of $10 billion Tasmanian industry super fund Tasplan. The ...

Super fund transfer delayed amid COVID-19

KANIKA SOOD  |  THURSDAY, 2 APR 2020
AMP has delayed the successor fund transfer of one of its superannuation clients, who previously decided to switch to another fund, citing current market volatility. Anglican National Super in October 2018 decided it would end its 14-year long relationship ...

Court confirms Storm Financial founders breached duties

JAMIE WILLIAMSON  |  FRIDAY, 27 MAR 2020
The Full Federal Court has confirmed the directors of Storm Financial Group breached their duties as directors, dismissing their appeal of ASIC's 2016 decision. The determination wraps up an appeal against the regulator's original decision by ...

No time to look back

ELIZA BAVIN  |  FRIDAY, 27 MAR 2020
In rough times it can seem beneficial to look back at past experiences and think 'If I got through that, I can get through this', but if you ask the fund managers and traders of the world, the consensus is this time does not compare to 1987 ...

Super fund merger delayed

ELIZA BAVIN  |  THURSDAY, 26 MAR 2020
Two industry super funds have pushed back the date for their merger due to the COVID-19 global crisis. Tasplan and MTAA Super were initially scheduled to merge on 1 October 2020, but have now extended the timeline to finalise the deal until 31 March ...

Ellerston, Morphic look to oust Perpetual

KANIKA SOOD  |  WEDNESDAY, 18 MAR 2020
Ellerston Capital wants to take over as the responsible entity of a $75 million fund managed by Morphic Asset Management, saying it can offer investors a better deal on the fees. The Morphic Global Opportunities Fund invests in global equities and is ...