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Showing 1161 - 1170 of 6210 results for "SIX"

Former adviser jailed for six years

KARREN VERGARA  |  WEDNESDAY, 26 MAY 2021
A former financial adviser will spend six years in prison for stealing nearly $3 million of clients' superannuation money. The District Court of New South Wales found Ross Andrew Hopkins, from Killara, guilty of 15 offences. Hopkins was the sole ...

AMP adds partnered portfolios to MyNorth

ANNABELLE DICKSON  |  TUESDAY, 25 MAY 2021
AMP has launched six new partnered managed portfolios (PMP) with advice practices, bringing the total range to 11. A total of eight practices have added the six PMPs, which each represent distinct investment offers. Four are managed by Zenith and Mercer. ...

JANA appoints head of sustainability

KANIKA SOOD  |  MONDAY, 24 MAY 2021
... sustainability. Rachel Halpern will work closely with JANA's head of responsible investment Tim Conly, taking the team to six people, the firm said. Halpern will focus on managing climate risks for clients. She has worked as a regulatory counsel at State ...

Victoria Devine launches investing platform

ELIZABETH MCARTHUR  |  MONDAY, 24 MAY 2021
... finance influencer Victoria Devine is launching a She's on the Money branded investment platform, powered by robo-adviser Six Park. With a minimum investment of $5000, fans of She's on the Money (which has a social media community of 160,000) will be ...

Platform cuts fees

ELIZABETH MCARTHUR  |  MONDAY, 24 MAY 2021
... Wealth02 lowered the admin fee on its Super Simplifier by 3.3 basis points, capping fees at $1760 per member or $3630 across six family members. The company said the fee cut is in response to more advisers adopting Super Simplifier. "This fee reduction ...

Fund manager hit with serious charges

KARREN VERGARA  |  FRIDAY, 21 MAY 2021
... a tip off from ASIC, investigated her conduct in November 2019. On 21 January 2020, ASIC suspended the fund's AFSL for six months. On 31 January 2020, following an application by ASIC, the Federal Court ordered Global Merces be wound up on just and ...

Chief economist: What JobKeeper cliff?

BENJAMIN ONG  |  FRIDAY, 21 MAY 2021
"Prediction is very difficult, especially if it's about the future." This quote from Danish physicist and Nobel Prize in physics winner Niels Bohr has been proven time after time but more recently in the Australian Federal Treasury's prediction ...

Aussie charities robust prior to COVID

KARREN VERGARA  |  WEDNESDAY, 19 MAY 2021
... went to the general community in Australia via the work of religious charities. The next beneficiaries were children aged six to 15 (11%), other charities (5%) and families (4%). Interestingly, the number of volunteers in the sector decreased by about ...

Chief economist update: Confidently sustaining the recovery

BENJAMIN ONG  |  WEDNESDAY, 19 MAY 2021
... reading of 26 in April from the already above long term average readings of 17 in March and 19 in Feb (long-term average is six). Further, the survey found that confidence improves in all industries and higher in all Australian states "except WA [Western ...

Budget no cure for hangover from last one

ELIZABETH MCARTHUR  |  WEDNESDAY, 19 MAY 2021
... said in its submission on the Your Future, Your Super legislation. Beside the fact that members need to be contacted within six months of the end of financial year and at least 21 days before the AMM and some funds don't have current contact details ...

Editor's Choice

Global X awards mandate for ETF business

ELIZA BAVIN  |   12:33PM
Global X has awarded a new custody and administration mandate for its Australian ETF business.

Bell Asset Management launches small-caps fund

KARREN VERGARA  |   11:56AM
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  |   11:09AM
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  |   12:20PM
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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